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27 Dec
09:34

EC confirms value of Ilva's illegal state aid

The European Commission has concluded its ongoing investigation related to state aid given by the Italian authorities to Ilva since the company entered into administration in 2015. According to the findings, two public measures gave the steelmaker an undue advantage. The Commission indicated specifically that two loans of €400 million ($476m) and €300m allocated in 2015 were granted under unfair conditions. &ldqu…
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