Brussels, 17/12/2008 (Agence Europe) - On Wednesday 17 December 2007, the European Commission adopted a temporary framework providing member states with additional possibilities to tackle the effects of the credit squeeze on the real economy. The framework relaxes, with immediate effect, restrictions on state aid for companies that do not have to be notified to the Commission and will last until the end of 2010.
Competition Commissioner Neelie Kroes told reporters in Brussels on Wednesday:...