BRUSSELS LAUNCHES IN DEPTH PROBE OF LEIPZIG/HALLE SUBSIDIES
July 1st, 2011
BY KEITH NUTHALL
THE EUROPEAN Commission has launched an in depth investigation into Euro EUR255 million public financing of infrastructure improvements at Germany's Leipzig/Halle airport, making it more likely Brussels could demand that money be repaid. The Commission has now gone on record saying it considers illegal the money paid to operator Flughafen Leipzig/Halle GmbH by its public shareholders, mainly the regional governments of Saxony and Saxony-Anhalt. Brussels says the support probably breaks EU state aid rules, saying it has given Leipzig/Halle ...
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