Press Release: State aid: the Commission approves the restructuring plan for the PSA Peugeot Citroën group

Author (Corporate)
Series Title
Series Details IP/13/757 (30.07.13)
Publication Date 30/07/2013
Content Type

Following an in-depth investigation, the European Commission has concluded that restructuring aid of EUR 571.9 million granted by France to the PSA group is compatible with the internal market.

In particular, the updated structuring plan will help to restore the group to viability while limiting the distortions of competition caused by State aid.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-13-757_en.htm
Related Links
ESO: Background Information: Press Release: State aid: Commission opens an in-depth investigation into the restructuring of the PSA Peugeot Citroën group http://www.europeansources.info/record/press-release-state-aid-commission-opens-an-in-depth-investigation-into-the-restructuring-of-the-psa-peugeot-citroen-group/

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