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Neelie Kroes - stirring the wrath of the EU's big three (Photo: European Commission)

EU big three hit back at state aid plans

France, Germany and the UK are preparing a joint response to suggestions by the Competition Commissioner on overhauling the EU's state aid system.

They believe it is "unacceptable" to stop aid, provided under the supervision of the European Commission, to poor regions and are preparing a joint reply to Competition Commissioner Neelie Kroes' plans to reform state aid rules, according to French daily Le Monde.

Mrs Kroes announced her plans via a series of interviews last week.

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