The European Commission has confirmed it has opened a formal investigation to examine whether Spanish authorities’ plans to grant public financing to Ford for an investment project in the Valencia region are in line with EU state aid rules. In 2012, Spain notified plans to offer Ford España S.L. a €25.2m Subscribe to Automotive World … Continued
The European Commission has confirmed it has opened a formal investigation to examine whether Spanish authorities’ plans to grant public financing to Ford for an investment project in the Valencia region are in line with EU state aid rules.
In 2012, Spain notified plans to offer Ford España S.L. a €25.2m
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https://www.automotiveworld.com/articles/eu-to-probe-spanish-aid-to-fords-valencia-plant/
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