CASE COMMENT: STATE AIDS - SERVICE OF GENERAL ECONOMIC INTEREST

Annulation: The CFI annuls the "Livret bleu" decision for insufficient reasoning and expresses its regret that the clarification given in the Altmark case was not available to the Commission (Crédit Mutuel)

Le Tribunal annule la décision du “Livret bleu’’ pour insuffisance de motivation ... et regrette que la Commission n’ait pas pu bénéficier des clarifications apportées par la Cour dans Altmark

*This article is an automatic translation of the original article in French, provided here for your convenience. Read the original article. CFI, 18 January 2005, Confédération nationale du Crédit mutuel v. Commission, Case T-93/02 In its decision of 15 January 2002, the Commission took the view that the "measures taken by France in favour of Crédit Mutuel for the collection and management of regulated savings under the "Livret bleu" scheme include state aid" which it also considered incompatible with the common market. The system conferred on Crédit Mutuel the exclusive right to collect these regulated savings, giving savers tax advantages. From 1975 onwards, Crédit Mutuel was first required to allocate 50% of the sums collected to general interest missions, i.e.

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Jean-Yves Chérot, Annulation: The CFI annuls the "Livret bleu" decision for insufficient reasoning and expresses its regret that the clarification given in the Altmark case was not available to the Commission (Crédit Mutuel), 18 January 2005, Concurrences N° 2-2005, Art. N° 1281, pp. 79-80

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