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European Commission authorises loan from the Basque Government to Gamesa
Brussels, Belgium – The Commission has considered it compatible with Eu treaty
On 23 July 2003 the European Commission has considered compatible with EC treaty under article 87(3)(c), a Basque Government’s plan granting a subsided loan to Gamesa Aeronáutica, subjected to the condition that the gross grant equivalent of the aid does not exceed 30% of eligible cost, for its participation in the development of two Brazilian regional aircraft: Embraer ERJ-170 and ERJ-190. A de...
fra/pec - 48295
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency