EU puts a stop to Spain’s dream of high-speed trains and orders it to PAY BACK £117million

Last week Commission bosses threatened to fine cash-strapped Greece after it failed to recover state aid from a shipyard near Athens.

They want to impose a €6million (£5million) upfront penalty on Greece’s government, followed by a daily levy of €35,000 (£29,000).

The row erupted because Greek ministers used state aid to save the Hellenic Shipyards company in 2008, before selling it to a German firm.

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