The EU General Court holds that the benefits of a state guarantee can only be assumed in the case of borrowing, and that in other types of transaction the Commission must prove their existence (IFP Énergies nouvelles)

Article published on StateAidHub: http://stateaidhub.eu, republished in e-Competitions with the courtesy of the author. The original title of this article appears below the e-Competitions title. Authors are welcome to write an alternative article on this case/text, provided they have no relationships with a party or related third party. Article will need e-Competitions Board approval before publication.

Beneficiaries and Benefits of State Guarantees* A state guarantee is presumed to lower borrowing costs. However, any other benefits in relation to customers or suppliers have to be proven. Introduction On 26 May 2016, the General Court rendered its judgment in case T-479/11, France v Commission concerning the IFP.[1] France appealed against Commission decision 2012/26 which found that France granted aid to IFP. IFP iIFP s a public research institution with three missions of general interest: research in oil and gas exploration and petrochemical technologies; training of engineers and technicians; and information and documentation related to petrochemicals. In addition, IFP controls three commercial companies with which it has concluded exclusive agreements for research and

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Phedon Nicolaides, The EU General Court holds that the benefits of a state guarantee can only be assumed in the case of borrowing, and that in other types of transaction the Commission must prove their existence (IFP Énergies nouvelles), 26 May 2016, e-Competitions May 2016, Art. N° 90052

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