The European Commission is ordering Hellenic Shipyards, Greece’s largest shipbuilding and repair facility, to repay €230m ($360m) in state aid it has deemed unlawfully received between 1996 and 2002. The action has come in response to a complaint from the neighbouring Elefsis yard of unfair competition.
Hellenic ordered to repay state aid
Fri 04 Jul, 2008
| Posted in: Builders
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