| Series Title | European Voice |
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| Series Details | 02/11/95, Volume 1, Number 07 |
| Publication Date | 02/11/1995 |
| Content Type | News |
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Date: 02/11/1995 to help Dow Chemical buy an 80&percent; stake of former East German petrochemical group, Buna SOW Olefinverbund (BSL). US group Dow had been offered 5.9 billion ecu in subsidies to buy the stake, including 80 million ecu in energy compensation. Another east German state aid package is under investigation. The Commission has given Germany six weeks to provide full information on a 508-million-ecu aid for Volkswagen investment projects in eastern Germany. The aid was originally granted under a plan to produce 250,000 cars and employ 4,200 people by 1995, but this was scaled back because of a market downturn. The Commission fear this “illegally” granted aid will distort competition. |
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| Subject Categories | Politics and International Relations |
