Showing posts with label state aid rules. Show all posts
Showing posts with label state aid rules. Show all posts

Tuesday, June 16, 2015

EU approves support to high-speed Internet roll-out in Germany

The European Union (EU) has found that Germany's plans to support the roll out of next generation access (NGA) broadband networks are in line with EU state aid rules, said the European Commission on Monday.

Germany plans to spend three billion euros (3.37 billion US dollars) over the coming years, providing high-speed Internet access throughout the country, including in rural areas, according to a press release by the Commission.

Thursday, April 16, 2015

Commission approves support to 20 offshore wind farms in Germany (EC - 16/4/15)

The European Commission has found that German plans to support the building of 20 offshore wind farms are in line with EU state aid rules. Seventeen wind farms will be located in the North Sea and three in the Baltic Sea.

Thursday, March 27, 2014

State aid: Commission finds that Greek mining company Larco received incompatible state aid; opens way to sale of some assets

European Commission, 27/3/14
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The European Commission has concluded that Greek public support measures granted to Larco General Mining and Metallurgical Company S.A. (Larco) gave the company an undue advantage over its competitors, in breach of EU state aid rules. In total, the capital injections and public guarantees were worth €136 million. The Commission has decided that Larco must pay back the amount with interest to mitigate the distortions of competition resulting from the incompatible aid.

EL News