Press Release: State aid: Commission endorses €1.56 billion compensation for Poste Italiane for public services delivered over 2009-2011

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Series Title
Series Details IP/12/1250 (21.11.12)
Publication Date 21/11/2012
Content Type

The European Commission has approved, under EU State aid rules, two compensations received by Poste Italiane for delivering two public services in the period 2009-2011, namely a compensation of €1.1 billion for the universal postal service and a compensation of €458 million for reduced postal tariffs offered, over the same period, to publishers, not-for-profit organisations and electoral candidates.

The measures were in line with EU rules on public service compensation since, in particular, they did not over-compensate Poste Italiane for providing these services, and therefore did not lead to cross-subsidisation of commercial activities.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-12-1250_en.htm
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