EU aid demand threatens shipyards

Poland's three biggest shipyards face closure if the European Commission goes ahead with a threat to demand the return of the state aid that is keeping them afloat. That would be a death-blow for Szczecin, Gdynia and Gdansk, which are saddled with debt, and tied into unprofitable contracts.

ESO: Background information: Memo: State aid: Commissioner Kroes discusses Polish shipyard subsidies with Polish Prime Minister http://www.europeansources.info/record/memo-state-aid-commissioner-kroes-discusses-polish-shipyard-subsidies-with-polish-prime-minister/

ESO: Background information: Memo: State aid: Competition Commissioner Kroes and Polish Treasury Minister Grad discuss Polish shipyards http://www.europeansources.info/record/memo-state-aid-competition-commissioner-kroes-and-polish-treasury-minister-grad-discuss-polish-shipyards/

Polskie Radio: The News.pl, 25.6.08: Polish shipyard workers protest in Brussels http://www.polskieradio.pl/thenews/business/?id=85567

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