BRUSSELS APPROVES NANTES AIRPORT RELOCATION SUBSIDY
November 3rd, 2013
THE EUROPEAN Commission has approved the payment of a French government subsidy of Euro EUR150 million to Société Aéroports du Grand Ouest to help fund a planned relocation of Nantes Atlantique Airport in western France. The subsidiary of the Vinci group, a France-based transport specialist, plans to build a new airport at Notre-Dame-des-Landes, 20km north of Nantes. Acting as the European Union’s (EU) competition watchdog for major projects, the Commission approved the project saying it will “improve regional connectivity without unduly distorting ...
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