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EU probes French subsidies to aeronautic suppliers
Quick ReadEU probes French state subsidies to aircraft manufacturers' suppliers
(AP) — The European Union's executive says it is investigating French state help to companies that supply parts to aircraft manufacturers.
It says it doubts that France's "Aero 2008" program offering exchange rate risk insurance is legal under EU rules, claiming that the insurance premiums may not be in line with market prices and could be easily supplied by banks.
The EU sets strict...
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