Fabrice Fries elected AFP president & CEO
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AFP welcomes European Commission decision securing its public financing
The European Commission has given its decision on a complaint made in February 2010 by a German news agency against France for giving state aid to AFP. The decision recognizes the missions of general interest on an international level attributed to AFP and permits the compensation of the net cost by a State subsidy that respects European competition laws. “This decision is a crucial moment for AFP,” said AFP chairman Emmanuel Hoog.
The European Commission has given its decision on a complaint made in February 2010 by a German news agency against France for giving state aid to AFP.
The decision recognizes the missions of general interest on an international level attributed to AFP and permits the compensation of the net cost by a State subsidy that respects European competition laws.
“This decision is a crucial moment for AFP,” said AFP chairman Emmanuel Hoog.
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