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EU Orders Greece To Recover €55M In Misused State Aid

By Darcy Reddan (November 20, 2017, 5:08 PM EST) -- Greece will have to recover €55 million ($64.5 million) in financial support provided to a Greek defense and munitions company, Hellenic Defence Systems SA, because the loans fell outside the scope of European Union state aid rules and distorted competition, the European Commission announced Monday....

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