Deutsche Post Aid Appeal Must Be Reviewed, EU Court Says
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A European Union court was ordered to re-examine Deutsche Post AG’s appeal against a state aid probe that forced the bloc’s biggest postal company to repay 298 million euros ($411 million) in subsidies.
The EU’s General Court’s initial ruling rejecting an appeal against the EU probe included mistakes and “has to be annulled,” the EU Court of Justice in Luxembourg ruled today. It sent the case back to the lower court to be reassessed.