| Author (Corporate) | France: Ministère de l'Économie, des Finances et de l'Industrie (France: Ministry of the Economy, Finance and Industry) |
|---|---|
| Series Title | Press Release |
| Series Details | 30.1.03 |
| Publication Date | 30/01/2003 |
| Content Type | News, Overview |
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On 30 January 2003, the European Commission decided to launch a formal investigation into the granting to France Télécom, via a public institution, of a shareholder's advance in the form of a maximum credit line of €9bn. In response, France Télécom stated that, as majority shareholder, the French State's participation in the company's action plan was no different to that of a private investor and therefore did not represent state aid. |
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| Source Link | Link to Main Source http://www.finances.gouv.fr/presse/communiques/c0301302.htm |
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| Subject Categories | Internal Markets |
| Countries / Regions | France |
