Independent journal on economy and transport policy
08:34 GMT+2
EU TO KEEP SHIPBUILDING AID FOR YARDS TILL 2000
(Shipping Times)
October 6, 1997
Yards urged to merge or form alliances to be more competitive
[BRUSSELS]
The European Commission said it will maintain until the end of 2000 existing subsidy rules for European shipyards while urging companies to use the aid in a way that makes the shipbuilding industry more competitive.
Martin Bangemann, the European Union's industry commissioner, also said ...... Read more on Shipping Times
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