The EU Commission approves State financing granted by Spain for Correos’s universal postal service obligation (Correos)

State aid: Commission approves State financing granted by Spain for Correos's universal postal service obligation* The European Commission has found the compensation granted by Spain to Correos to fulfil its public service mission (so-called “universal service obligation” or USO) during the 2011-2020 period to be compatible aid under EU State aid rules. State-owned Correos is the biggest postal operator in Spain. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: "Easy access to postal services is vital for all EU citizens. Today's decision enables Correos, to continue deliver basic postal services in all of Spain at affordable prices, without unduly distorting

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European Commission, The EU Commission approves State financing granted by Spain for Correos’s universal postal service obligation (Correos), 14 May 2020, e-Competitions May 2020, Art. N° 94926

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