State aid: main developments between 1 January and 30 April 2011* On 8 March, the Commission closed a formal investigation procedure opened in 2009 and found that a state guarantee put in place by France to cover the exchange rate risk for aeronautic suppliers (Aero 2008) does not constitute state aid. The “Aero 2008” guarantee enables
The European Commission finds that a State guarantee put in place by France to cover the exchange rate risk for aeronautic suppliers does not constitute State aid (Aero 2008)
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