BRUSSELS LAUNCHES FORMAL PROBE INTO FORD SUBSIDIES IN ROMANIA
September 1st, 2008
BY KEITH NUTHALL
FORD'S plans to create a state of the art plant at Craiova, south west Romania, have hit yet another obstacle: the European Commission has declared a new subsidy from the Romanian government may be a handout too far.
Brussels has launched a formal state aid inquiry into planned Euro 57 million training programme subsidy, to check whether it does actually break European Union (EU) state aid laws. The money would fund upgrading the skills of the former government-owned Craiova plant's workforce from 2008 to 2012. Announcing the formal probe, EU ...
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