Independent journal on economy and transport policy
01:38 GMT+2
EU finds Bonn's aid to two German shipyards illegal
(Shipping Times)
July 22, 1998
[BONN]
The European Commission has ruled that German government subsidies to two east German shipyards were illegal under European law and must be recovered, a German news magazine said. The weekly Focus quoted a European Commission ruling saying that payments of 327 million marks (US$183.6 million) that went to two shipyards controlled by the now-bankrupt ...... Read more on Shipping Times
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