BRUSSELS (Reuters) – The European Commission said on Friday it had opened an in-depth investigation to assess whether French aid given to shipping firms Corsica Linea and La Meridionale was compliant with EU state aid rules.
The probe will focus on France’s decision to give 853.6 million euros ($923.9 million) to those two companies over the period running from 2023-2030.
($1 = 0.9240 euros)
(Reporting by Sudip Kar-Gupta; Editing by Piotr Lipinski)
