Press Release: Commission adopts 14th Monitoring Report on steel aid cases

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Series Details IP/00/1242 (31.10.00)
Publication Date 31/10/2000
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The European Commission has adopted the 14th Monitoring report on Article 95 ESCS steel aid cases. According to its decisions taken in 1994 and 1995, the Commission presents to the Council twice a year its analysis of the implementation of the conditions attached to the authorisation of the aid in question which was approved for restructuring of certain steel companies as an exceptional exercise considering the strict rules contained in the ECSC Treaty. The aid is therefore subject to strict conditions whose compliance the Commission is monitoring.

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