FUNDING APPROVED FOR FRENCH NEWS CHANNEL.

PositionCFII - Brief Article

Public funding for CFII, France's answer to international TV news channels such as CNN and BBC News 24, was cleared from EU rules on anti-competitive state aid by the European Commission on June 7, paving the way for the launch of a channel designed to "bring the French point of view to foreign audiences". Neelie Kroes, Competition Commissioner, said that while the allocation of public funds to CFII constituted state aid, it could nonetheless be authorised as a project...

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