A European Court ruled Friday that a credit line offered by the French government to France Telecom in 2002 – but never used – cannot be considered as a form of illegal state aid, annulling a European Commission decision that considered it state aid. Dow Jones Newswires reports that the government promised at the end of 2002 to give the company a EUR9 billion loan. However, given that there was never a real transfer of state resources, this cannot be considered state aid, the court said
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