Brussels, 18/06/2009 (Agence Europe) - On Thursday 18 June, the European Commission decided to refer Spain to the European Court of Justice (ECJ) for failure to comply with a Commission decision of 14 October 1998. The decision ordered Spain to recover illegal and incompatible state aid from Indosa-CMD, a subsidiary of the Magefesa Group. To date, Spain has not achieved full recovery of the illegal aid.
On 20 December 1989, the Commission found that the Magefesa Group, a producer of...