Press Release: State aid: Commission temporarily authorises BGN249 million rescue aid for Bulgarian railway company

Author (Corporate)
Series Title
Series Details IP/10/1733 (16.12.10)
Publication Date 16/12/2010
Content Type

The European Commission has authorised under EU state aid rules, state financing worth BGN249 million (approximately €128 million) for the Bulgarian railway operator BDZ EAD. The aid is in line with EU rules on rescue aid, because it is limited in time and scope. The Commission approved the measure temporarily, until it can take a position on the restructuring plan to be submitted by Bulgaria within maximum six months.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/1733&format=HTML&aged=0&language=EN&guiLanguage=en
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