login
login

Europe Daily Bulletin No. 9942

15 July 2009
Contents Publication in full By article 30 / 36
GENERAL NEWS / (eu) eu/state aid
Court referral for Austria's failure to recover illegal aid

Brussels, 14/07/2009 (Agence Europe) - On Tuesday 14 July, the Commission announced its intention to take Austria to the European Court of Justice (ECJ) for not having recovered €41.5 million in state aid granted to the insurance company Grazer Wechselseitige (GRAWE). The Austrian authorities allowed GRAWE to purchase the Burgenland from the state for a privatisation price that was well below the one proposed by another potential purchaser. The Commission demands that GRAWE pays the...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS