EU clears up to 1.2bn euros of aid for cloud computing
If project is so successful it generates extra revenue, the firms will have to return part of aid
Source: dunyanews.tv
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EU clears up to US$1.3 billion of state aid for cloud computing
BRUSSELS: The European Commission approved on Tuesday up to €1.2 billion (US$1.3 billion) of state aid for a European cloud computing project in a bid to boost the involvement of EU business in a field dominated by US companies. The project, called IPCEI Next Generation Cloud Infrastructure and Services
Source: channelnewsasia.com