ITALY CENSURED BY ECJ OVER NON-FERROUS METAL STATE AID CASE
December 8th, 2013
The European Court of Justice (ECJ) has censured Italy for failing to recover illegal state aid subsidies given to non-ferrous metal producers Eurallumina, Portovesme, Syndial through special low electricity tariffs. This followed the European Commission in 2011 ordering the recovery of Euro EUR12 million paid to zinc and lead producer Portovesme; EUR5 million paid to aluminium maker Eurallumina EUR5million; and EUR300,000 paid to ILA, which makes processed aluminium products. The handouts allegedly broke European Union (EU) state aid rules which prevent national ...
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