Commission refers Spain to Court of Justice for failure to recover illegal aid from Magefesa Group

Document:

The European Commission has decided under EC Treaty State aid rules to refer Spain to the European Court of Justice for failure to comply with a Commission decision of 14 October 1998. The decision ordered Spain to recover illegal and incompatible State aid from Indosa-CMD, a subsidiary of the Magefesa Group. To date, Spain has not achieved full recovery of the illegal aid.