Financial Times FT.com

Broadband expansion boost

By Stanley Pignal in Brussels

Published: May 19 2009 23:47 | Last updated: May 19 2009 23:47

Public funding of broadband internet networks in rural areas may be allowable under European state aid rules, according to draft guidelines issues by the European Commission.

The proposed rules potentially open the door to billions of euros of state money in infrastructure projects, some of it as part of nationally-funded stimulus packages.

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