SHORT SEA SHIPPING
January 1st, 2002
BY KEITH NUTHALLTHE EUROPEAN Commission has cleared a significant legal obstacle preventing the French government going ahead with plans to spend national state aid on subsidising start-up short sea shipping runs.Brussels has ordered that such grants would be legal under European Union state aid regulations. Although these generally prevent Member States from providing financial support for operating costs to their local companies - to guarantee a level playing field across the EU - it can order exemptions.One legal reason it can cite is to protect the ...
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