| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/12/263 (21.03.12) |
| Publication Date | 21/03/2012 |
| Content Type | News |
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The European Commission has opened an in-depth investigation to assess whether a €524 million set of aid measures supporting the racetrack and leisure park at Nürburgring in Germany is in line with EU state aid rules. The Commission has doubts whether these measures promote services of general economic interest or alleviate a funding default caused by the financial and economic crisis. The opening of an in-depth investigation gives Germany and interested third parties an opportunity to comment on the measures under examination. It does not prejudge the outcome. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/12/263&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Internal Markets |
| Countries / Regions | Europe, Germany |