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Europe Daily Bulletin No. 9892

30 April 2009
Contents Publication in full By article 24 / 35
GENERAL NEWS / (eu) eu/state aid

29/04/2009 (Agence Europe) - On Wednesday 29 April, the European Commission opened an in-depth investigation to establish whether measures in favour of Hungarian fertiliser producer Péti Nitrogénmûvek infringe EC Treaty state aid rules. The measures include loans granted by the Hungarian Development Bank amounting to approximately €85 million, covered by state guarantees. Hungary did not notify these measures and the Commission has concerns as regards their compatibility with EU state...

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