The EU Commission approves a State aid scheme partly because it didn’t contain aid and partly because it was compatible with the internal market (Primary Residence Protection Scheme)

* 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.

Public Subsidies to Households Can Be State aid* Introduction The fact that a public measure has social objectives and aims to help poor households or disadvantaged persons instead of undertakings does not necessarily remove it from the reach of State aid rules. During the past decade, in response to the economic crisis, a number of Member States have tried to support households which fell behind in their mortgage payments. Although the express intention was to assist hard-pressed home owners, banks could indirectly benefit as well. In this situation, the assessment of the compatibility of possible State aid with the internal market can be rather tricky. In its decision SA.53520, the Commission examined a Greek scheme for the protection of “primary residences”.[1] [A similar Cypriot

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Phedon Nicolaides, The EU Commission approves a State aid scheme partly because it didn’t contain aid and partly because it was compatible with the internal market (Primary Residence Protection Scheme), 19 September 2019, e-Competitions September 2019, Art. N° 93444

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