COMPETITION Transport

Decision looms on aid to keep ferry firm afloat

By Ian Wishart - 20.10.2011 / 05:18 CET

SeaFrance needs money to stay in business but Almunia is set to request new restructuring plan.

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State-aid rules should become more ‘efficient' under plan.

Commission says €100 million loan would break state-aid rules.

Extension in place because institutions continue to struggle with the financial crisis.

Austrian subsidies for energy-intensive businesses ruled illegal.

Commission to make decisions before the summer on state aid to four German banks.

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