EU okays aid for car plant by Italy's De Tomaso

Newswire

BRUSSELS, Jan 20 (Reuters) - The Italian government can give sports car maker De Tomaso 81 million euros ($104.9 million) to build a new car plant in Calabria, the European Commission said on Thursday. After an in-depth investigation begun in 2003, the European Union executive found that only part of a proposed 179 million euros in aid was necessary for the 207 million project to be built in Italy rather than in alternative Romania. Investments in Calabria are eligible for aid of up to ...

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