Press Release: State aid: Commission opens probe into restructuring aid for Ernault in France

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Series Details IP/05/1111 (8.9.05)
Publication Date 08/09/2005
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The European Commission on 8 September 2005 opened a formal investigation under EC state aid rules (Article 88.2 of the EC Treaty) into restructuring aid for Ernault, a manufacturer of machine tools in France. The probe was also intended to allow the Commission to obtain more information on the measure and give interested third parties an opportunity to comment. The Commission was then planning to finalise its assessment of whether the measure was likely to cause undue distortion of competition within the Single Market.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/1111&format=HTML&aged=0&language=EN&guiLanguage=en
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