The EU Commission holds that the remuneration fee paid to the Italian postal service provider for the distribution of postal savings books does not constitute State aid because it is in line with the principles established by the EU Court of Justice (Cassa Depositi e Prestiti / Poste Italiane)

Boeshertz, Daniel; Icardi, Paola

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22 Nov 2006

The EU Commission holds that the remuneration fee paid to the Italian postal service provider for the distribution of postal savings books does not constitute State aid because it is in line with the principles established by the EU Court of Justice (Cassa Depositi e Prestiti / Poste Italiane)

KEYWORDS

Reference

EU Commission, C 49/2006, Poste Italiane / Bancoposta, 22 November 2006

"Poste Italiane: a market fee can fulfil the Altmark criteria"* On 22 November 2006, the Commission has decided that the remuneration fee paid by ‘Cassa Depositi e Prestiti’(CDP) to ‘Poste Italiane’(PI) for the distribution of postal savings books as of 2004 does not constitute State aid [1] because this remuneration is in line with the principles established by the European Court of Justice in its Altmark ruling of 24 July 2003 [2]. I. Background CDP is a state-controlled financial body, whose mission is to foster the development of public investment, local utility infrastructure works and major public works of national interest. PI is the universal postal service provider in Italy, which fulfils the universal postal service obligation. PI also exercises financial activities through

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Authors

Daniel Boeshertz
European Commission - DG COMP (Brussels)

Belgium 3 contributions 1932 visits
Paola Icardi
European Commission - DG BUDG (Brussels)

Belgium 1 contribution 1061 visits

Quotation

Daniel Boeshertz, Paola Icardi, The EU Commission holds that the remuneration fee paid to the Italian postal service provider for the distribution of postal savings books does not constitute State aid because it is in line with the principles established by the EU Court of Justice (Cassa Depositi e Prestiti / Poste Italiane), 22 November 2006, e-Competitions November 2006, Art. N° 36184

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