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France faces court over Bull aid

The European Commission may take legal action against France over its refusal to retrieve illegal state aid granted to its ailing...

The European Commission may take legal action against France over its refusal to retrieve illegal state aid granted to its ailing computer firm Bull.

European competition commissioner Mario Monti said he wanted to take France to court over the failure of struggling French computer maker Bull to repay €450m (£314m) in aid the government handed out last year.

"This constitutes a serious violation of community rules. That is why I intend, in the very near future, to propose to the Commission to refer the matter to the European Court of Justice, so that the case can be launched in early October," Monti said.

Paul Meller writes for IDG News Service

 

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