European Commission investigates suspected public grants to Antwerp port
Share article:
Share article:

European Commission investigates suspected public grants to Antwerp port

©Belga
©Belga

The European Commission is launching a full investigation into possible public grants to two operators of container terminals in the port of Antwerp, reveals the European Commission in a press release. The operators named are PSA Antwerp and Antwerp Gateway.

The Commission is seeking to determine if the cuts in compensation granted by the port of Antwerp to two operators of container terminals gave them an unfair advantage compared to their competition.

Port authorities initially agreed a minimal tonnage with the two operators. PSA Antwerp and Antwerp Gateway did not respect this requirement between 2009 and 2012, and compensation to port authorities was thus scheduled. But then, these authorities retroactively decided to lower the level of compensation with regards minimal tonnage issues in March 2013. The payment expected from the operators went down by approximately 80%, explains the Commission.

The competition watchdog launched an investigation following a complaint by a competitor. “If the operation did not respect market conditions, it could amount to a public grant as defined by EU regulation,” says the Commission.

(Source: Belga)

Latest news

Anti-vaxxers demonstrate against Covid Safe Ticket in Brussels
Hundreds of supporters of the anti-vaxx movement gathered on Saturday outside the headquarters of the Pfizer pharmaceutical company to protest ...
Belgium’s investment funds total 260 billion euros in assets
Belgium’s funds industry grew by 5.3% (13 billion euros) in the second quarter of this year, bringing investment funds available to the public to ...
Brussels to Luxembourg by train in two hours soon possible
The fastest train ride between Brussels and Luxembourg currently takes almost three hours, but that could be slashed to about two hours thanks to the ...
Daily Covid infections up by almost 30% in Belgium
Between 6 and 12 October, an average of 2,438 people were infected with the Covid-19 virus every day, according to figures from the Sciensano public ...
Over 80,000 companies in Belgium non-compliant with anti-money laundering meassures
Over 80,000 companies and non-profits in Belgium are still not compliant with the Ultimate Business Owner (UBO) register, which is required of them ...
Increase in tax exemption for donations in Belgium fails to meet expectations
The increase from 45% to 60% in the tax exemption for donations, decided by the former federal government in June 2020, has cost Belgium more than ...
Sex workers in Belgium to get more social rights protection
The social rights of sex workers will soon be better protected in Belgium, Belga News Agency reports. The Council of Ministers has approved a draft ...
Belgian firms sent almost 266 billion euros to tax havens last year
Hundreds of Belgian firms sent close to 266 billion euros to tax havens last year, De Tijd reported on Saturday. Any Belgian individual or firm ...
Belgian investigator wins prestigious US prize
Olivier Hardy, an investigator with the federal police’s anti-terrorist unit in Brussels, DR3, received on Friday a "Top Cop" prize in Washington for ...
Pegasus Project: European Parliament awards journalism prize to investigation of use of spyware
The Daphne Caruana Prize for Journalism was awarded on Thursday to the journalists from the Pegasus Project coordinated by the Forbidden Stories ...
Belgians can now test their knowledge of driving rules and win prizes
The Walloon Road Safety Agency (AWSR) launched on Friday a quiz to allow the general public to test their knowledge of the highway code. Last year, ...
600 extras wanted for film about Belgian ‘Porn King’ and notorious Antwerp nightclub
A Belgian movie telling the story of a notorious Antwerp nightclub with connections to a Belgian 'Porn King' is looking for 600 extras at the end of ...