Financial Times FT.com

US fines more European companies over Cuba

By Inigo More in Madrid and Antonio Leon in Brussels

Published: September 3 2004 03:00 | Last updated: September 3 2004 03:00

The US has imposed fines on several European companies in the last few months, including Alitalia, the Italian airline, for breaking its Cuban embargo laws, raising fears of a new trade confrontation between Washington and Brussels.

The fines follow the penalty imposed on Iberia, the Spanish airline, after it was accused of shipping Cuban goods through the US, Expansión, the Spanish sister paper of the Financial Times, has learned.

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