The EU Commission decides to refer Romania to the EU Court of Justice for failing to fully recover illegal State aid (Viorel / Ioan Micula)

State aid: Commission refers Romania to Court for failure to recover illegal aid worth up to €92 million* The European Commission has decided to refer Romania to the European Court of Justice for failing to fully recover illegal State aid worth up to €92 million from Viorel and Ioan Micula and their group of companies, as required by a Commission decision of 2015. An arbitral award of December 2013 (Micula v Romania) found that by revoking an investment incentive scheme in 2005, four years prior to its scheduled expiry in

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European Commission, The EU Commission decides to refer Romania to the EU Court of Justice for failing to fully recover illegal State aid (Viorel / Ioan Micula), 7 December 2018, e-Competitions December 2018, Art. N° 88684

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