Press Release: State aid: Commission gives green light to restructuring aid for Imprimerie Nationale in France

On the basis of the state aid rules in the EC Treaty, the European Commission on 20 July 2005 cleared restructuring aid of €197 million granted by France to Imprimerie Nationale ('IN'). The restructuring plan presented by the French authorities was aimed to restore the company's long-term viability and the aid did not unduly distort competition. As such, the aid was fully compatible with the 1999 guidelines on state aid for rescuing and restructuring firms in difficulty.