The European Commission finds that a State guarantee put in place by France to cover the exchange rate risk for aeronautic suppliers does not constitute State aid (Aero 2008)

State aid: main developments between 1 January and 30 April 2011* On 8 March, the Commission closed a formal investigation procedure opened in 2009 and found that a state guarantee put in place by France to cover the exchange rate risk for aeronautic suppliers (Aero 2008) does not constitute state aid. The “Aero 2008” guarantee enables

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Authors

  • European Commission - DG COMP (Brussels)
  • Permanent Representation of Sweden to the EU (Brussels)

Quotation

Alessandra Forzano, Erika Lofquist, The European Commission finds that a State guarantee put in place by France to cover the exchange rate risk for aeronautic suppliers does not constitute State aid (Aero 2008), 8 March 2011, e-Competitions March 2011, Art. N° 48088

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