EU STATE AID
February 1st, 2002
BY KEITH NUTHALLTHE EUROPEAN Commission has announced that it intends to apply the same strict state aid rules for the European Union steel industry that have applied in the past under the regulations of the European Coal and Steel Community, which expires on July 23.In particular, Brussels has stressed that it intends to continue the existing ban on regional investment aid and of rescue and restructuring aid to the steel sector. However, it will also continue to allow the payment of state aid for research and development, environmental protection, and closures, ...
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