BRUSSELS GOES TO COURT TO FORCE ITALY TO RECOVER SARDINIAN ALUMINA SUBSIDIES
September 1st, 2011
BY KEITH NUTHALL
THE EUROPEAN Commission has lost patience with Italy over its failure to recover Euro EUR25 million illegal subsidies paid to a Sardinia alumina plant, taking its government to the European Court of Justice (ECJ). Brussels wants judges to order compliance from Italy. If it refuses, the court could then order Italy to pay heavy daily recurring fines until the plant's current owner - OAO Russian Aluminium - pays the money back. It has controlled the Portoscuso plant through its subsidiary Eurallumina SpA since 2006 - the plant was previously owned ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.