| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/05/396 (7.4.05) |
| Publication Date | 07/04/2005 |
| Content Type | News |
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After an in-depth investigation, the European Commission on 7 April 2005 prohibited the implementation of an Italian aid scheme designed to cover the risk of loans for the construction and conversion of ships in Italian yards, because it was incompatible with EC Treaty state aid rules that prohibit aid liable to distort competition within the Single Market (Article 87). |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/396&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Internal Markets |
| Countries / Regions | Italy |
