EU High Court Rules on State Subsidies

by 5m Editor
1 July 2004, at 12:00am

BRUSSELS - The European Union high court ruled Tuesday that EU governments cannot override the bloc's executive office in deciding whether state subsidies are illegal. The Luxembourg-based European Court of Justice ruled that it was illegal for EU governments to allow Portugal to bail out struggling pig farmers. Portugal must now recover the money it gave to its farmers.

5m Editor