Brussels, 12/03/2009 (Agence Europe) - On Tuesday 10 March, the European Commission found that the non-enforcement of several debt rescheduling agreements in favour of the Spanish synthetic fibres producer SNIACE between 1993 and 1996 involve state aid and is incompatible with Community law because it merely relieves SNIACE from ordinary business charges that its competitors had to pay, without furthering any public interest goal. The Commission emphasised that such aid “confers an unfair...