IP/07/217
Brussels, 21 February 2007
European Commission approves Czech
compensation measure to port and inland waterway operators for flood
damages
The aid will be granted to port and inland waterway
operators in a non-discriminatory manner to cover damages caused by the floods
in 2006. It will cover a maximum of 100% of the damages that can be proved to
have been caused by the floods. The granting procedure guarantees that the
compensation cannot exceed the amounts necessary to compensate for the losses.
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