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Thu 07 Jul 2009EU approves €251m in aid for Gdansk shipyard
THE IMMEDIATE future of the famous Gdansk shipyard was secured yesterday, when the European Commission approved €251 million in aid to the birthplace of Poland’s Solidarity trade union.
The yard faced closure when the EU threatened to make it repay huge subsidies received from the Polish government to keep it afloat, cash which gave Gdansk and two other historic Baltic shipyards, Gdynia and Szczecin, an unfair advantage in Europe’s shipbuilding market.
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