|Author (Person)||Tait, Nikki|
|Series Title||Financial Times|
More than €100m of investment aid to two of Germany’s biggest carmakers – BMW and Volkswagen – will be investigated by European Commission competition authorities to see whether it complies with European Union state aid rules.
Officials at the European Commission said on the 13 July 2011 that they would look into German government plans to grant €46m of regional aid towards a €368m electric car project at a BMW plant in Leipzig, to see whether it was compatible with EU state aid rules.
|Subject Categories||Internal Markets|
|Countries / Regions||Germany|