Lack of reasoning : The CFI severely reprimands the Commission and reverses a decision declaring for procedural flaws and lack of motivation (Paquebot "Le Levant")

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. It is in particularly harsh terms towards the Commission that the The Court of First Instance of the European Communities has given a judgment in which it adopted on 22 February 2006, to take the decision which declared incompatible with the common market the aid granted by France for the financing of the construction of the liner "Le Levant". In the framework of the "Loi Pons" instituting a special tax regime for certain overseas investments, which has been advantageous for certain overseas declared compatible with the State aid rules in 1993, of the private investors, natural persons, have come