The EU Commission decides that a French bank was not overcompensated for distributing funds for social housing (Crédit Mutuel)

"State aid: main developments between 1 May and 31 August 2011"* On 24 May 2011, following a formal investigation started in 1998, the Commission decided that Crédit Mutuel was not overcompensated for distribution of the Livret bleu savings account in France [1]. In 1975 France created the Livret bleu savings account and entrusted

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Authors

  • LUISS Guido Carli University (Rome)
  • DG COMP (Brussels)

Quotation

Danilo Samà, Alessandra Forzano, The EU Commission decides that a French bank was not overcompensated for distributing funds for social housing (Crédit Mutuel), 24 May 2011, e-Competitions Bulletin State aid and Service of General Economic Interest, Art. N° 54625

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