EUROPEAN COMMISSION PROBES ALLEGED VAUXHALL STATE AID CON
July 1st, 2007
BY KEITH NUTHALL THE EUROPEAN Commission is investigating concerns that British car-maker Vauxhall may have carried out and funded a training programme ahead of the payment of planned UK government subsidies worth Pounds 8.5 million. Such state aid is only allowed under European Union (EU) rules, if a company cannot afford the investment. In this instance the government spending was supposed to finance a "training programme at the Vauxhall car plant in Ellesmere Port (near Liverpool)." However, the Commission claimed "Vauxhall may well have carried out the ...
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