| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/11/267 (8.3.11) |
| Publication Date | 08/03/2011 |
| Content Type | News |
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The European Commission concluded in March 2011 that a state guarantee, put in place by France to cover the exchange rate risk for aeronautic suppliers (Aero 2008) and administered by Coface, is in line with market principles and does not, therefore, constitute state aid within the meaning of European Union law (Article 107(1) TFEU). |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/11/267&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Internal Markets |
| Countries / Regions | France |