Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/09/1128 (13.07.09) |
Publication Date | 13/07/2009 |
Content Type | News |
On 13 July, 2009, the European Commission approved the public financing model of the planning phase of the Fehmarn Belt fixed link, considering that it does not fall under the scope of European competition rules on state aid. The financing model notified by Denmark involves public support for Femern Bælt A/S, a fully state-owned company specially established for the planning of the project. The budget of this planning phase is estimated to be DKK 1.445 million (€ 194 million). |
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Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/09/1128&format=HTML&aged=0&language=EN&guiLanguage=en |
Countries / Regions | Denmark, Germany |