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1992 European Union Government News & Press Releases |
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9th December, 1992
INTERVENTIONS IN THE AGRICULTURE SECTOR IN ITALY
The Commission has decided not to raise any objections to the above law
as regards rules of competition laid down in the EEC Treaty.
This law concerns various aid measures to finance :
- the repairing of damage caused by natural disasters (in particular by
drought);
- structural improvements to cooperatives processing and...
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9th December, 1992
FINANCING IMPROVEMENTS IN THE SAFETY OF NUCLEAR POWER STATIONSIN CENTRAL AND EASTERN EUROPE FROM EURATOM BORROWINGS
(1)
At the proposal of Mr Karel Van Miert, Commissioner in charge of
credit and investments, the Commission today adopted a communication
to the Council and the Parliament accompanied by a draft Council
decision with a view to using a significant proportion of Euratom's
outstanding borrowing capacity to help finance improvements...
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9th December, 1992
AID FOR THE LAZIO REGION APPROVED
The Commission has decided to approve aid measures provided for in Law
No 7/88 of the Lazio region to assist SME consortia set up to undertake
joint projects.
The aid takes the form of grants of between 15% and 50% gross of the cost
of investment in primary infrastructures and joint installations.
The amount set aside for...
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9th December, 1992
AID TO ASSIST PRIVATIZATION OF CNP
The Commission has decided to terminate the proceedings under Article
93(2) in respect of aid for CNP, the public-sector petrochemicals
company, initiated by decision of 30 October 1991.1
The aid in question amounts to ESC 274 billion (ECU 1.68 billion) and is
intended to correct an unfavourable financial structure dating...
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9th December, 1992
COMMISSION APPROVES BANK GUARANTEES FOR SPORTS LICENSOR
The Commission has approved the granting of aid by the Walloon regional
authority in the form of bank guarantees to GM Trade (owner of 63.8% of
Donnay International S.A. ('Donnay'), a Belgian licensor of the
manufacture of sports equipment).
As a result of this transaction the authority has increased its
investment to a 95%...
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9th December, 1992
COMMISSION AUTHORIZES REFINANCING OF LAW ON THE MEZZOGIORNO
Following termination of the proceedings under Article 93(2) of the EEC
Treaty initiated by its letter of 25 June 1992, the Commission decided
today that the national refinancing - amounting to LIT 24 000 billion
(ECU 14 350 million) - of the measures provided for in Law No 64 of
1 March 1992 on the Mezzogiorno is compatible...
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9th December, 1992
COMMISSION APPROVES AID FOR SALE OF CONTAINERSHIP TO MEXICO
Under the Sixth Directive on Aid to Shipbuilding the Commission has
approved a Spanish aid credit, granted to Mexico under a 1990 bilateral
economic cooperation agreement, to finance the purchase by
Transportaciones Marítima Mexicana (TMM) of four containerships of 35,000
DWT from the yard Astilleros Españoles. The...
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9th December, 1992
REVIEW OF THE GUIDELINES ON AID TO THE SYNTHETIC FIBRES INDUSTRY
The Commission has approved new guidelines on aid to the synthetic fibres
industry, to apply from 1 January 1993 until 31 December 1994, unless
they are revised before then to bring them into line with market
developments. The new guidelines develop and reinforce the rules which
have applied since 1977.
The scope of the new...
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9th December, 1992
COMMISSION APPROVES AID FOR OPEL INVESTMENT IN EISENACH
The Commission has decided to close the procedure opened in December 1991
(IP(91)1174) to examine the compatibility of aid which the German
authorities proposed to grant to Opel for investments at Eisenach in the
new Länder. Opel has built a new plant which will reach its full
capacity of 150.000 cars per annum in 1994....
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9th December, 1992
TACIS 1992: EC COMMISSION DECIDES 1992 ACTION PROGRAMMES FORTECHNICAL ASSISTANCE TO THE CIS AND GEORGIA
The Commission of the European Communities decided today in which
concrete forms the EC will provide technical assistance to the
Commonwealth of Independent States and Georgia under the 1992 TACIS
Programme.
To that end, the Commission approved a total of 17 TACIS Action
Programmes which has been prepared by the Commission...
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