June 30, 2010 / 2:37 PM / 9 years ago

WTO panel tells EU to end prohibited Airbus subsidies

GENEVA, June 30 (Reuters) - The European Union and some of its member states paid prohibited export subsidies to aerospace group Airbus EAD.PA and must withdraw them, a World Trade Organization dispute panel said on Wednesday.

The panel also told the EU to withdraw other subsidies or end their adverse effects on the United States, but did not uphold all the U.S. complaints.

The WTO said the prohibited subsidies should be withdrawn immediately and said this meant 90 days; but the legal process could mean months or years before this deadline is reached.

The EU, which has also challenged U.S. subsidies for Airbus rival Boeing (BA.N), has 30 days in which to appeal. (Reporting by Jonathan Lynn; Editing by Stephanie Nebehay)

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