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EU launches probe into breaks for Italy firms hit by natural disasters

Source: Thomson Reuters Foundation - Wed, 17 Oct 2012 10:03 GMT
Author: Reuters
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MILAN, Oct 17 (Reuters) - The European Commission said on Wednesday it had launched a probe into tax and welfare breaks offered by the Italian government to companies affected by earthquakes and natural disasters since 2002 to see if they met state aid rules.

In a statement, the Commission said it had asked Italy to halt the measures until it had ascertained whether they met EU rules on state aid.

(Reporting By Stephen Jewkes)

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