Mixed Results for Ford in E.U. State Aid Bid

Law360, New York (July 5, 2006, 12:00 AM EDT) -- The European Commission has slashed aid to Ford Co.’s Belgian plant, approving a €6.24 million helping hand from the Belgian government but denying another €6.04 million request.

Ford will use the aid it receives to defray the costs of a new training program at Ford’s Genk plant in Belgium’s Flemish region.

Regulators claimed the additional funds, which were to be used to train workers to build Ford’s newer models, would give Ford an unfair edge over other carmakers.

European Commission rules stipulate that training for a...
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