LONDON – The European Commission says it plans to allow small amounts of state aid for the transport industry. A state allotment of €100,000 ($130,000) or less over three years cannot be paid in the European Union without the Commission’s prior authorization. The new regulation applies to transport services such as public transport operators, taxi and other car-for-hire groups, where there are “social” reasons for the aid. However the aid is not available to auto makers. (See related ...
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