| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/00/1111 (4.10.00) |
| Publication Date | 04/10/2000 |
| Content Type | News |
|
The Commission has decided not to approve a Portuguese aid package in favour of the pig production sector. This package contains two measures for the pig producers: a moratorium on the reimbursement of short-term loans, accompanied with a reduction in interest rates and an additional short-term credit line with subsidised loans. The Commission considers that these measures do not conform to EU state aid rules and requires Portugal to recover the aid from beneficiaries. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/00/1111&format=HTML&rapid=0&language=EN&guiLanguage=en |
| Subject Categories | Business and Industry, Internal Markets |
| Countries / Regions | Europe |
