Competition commissioner to reform state aid rules

EU Competition Commissioner Neelie Kroes has said she will undertake a thorough reform of the EU state aid rules.

In an interview with German daily FT Deutschland, Mrs Kroes said, "We need less and better state aid".

Among those areas particularly affected by the new rules will be poor regions - such as Germany's five regions from the former east - in rich member states.

"We have to ask ourselves whether we continue to support poor areas in a rich country", said the Dutch Co...