SPANISH PIGMEAT PRODUCER COULD FACE SUBSIDY REPAYMENT DEMAND
May 1st, 2008
BY KEITH NUTHALL
A MAJOR Spanish pigmeat processing company may have to repay Euro 15.1 million in government aid it received for improving its manufacturing plants in Spain. El Pozo Alimentacion, which makes ham, sausages, paté and other meat products, is now the focus of a European Commission investigation. Brussels fears the subsidies were not attached to any strings demanding El Pozo also secured or made its own parallel investments. If this is proved by the Commission, it could order the repayment of the money, because it would break European Union (EU) ...
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