ALERTS: STATE AID - EUROPEAN UNION - GREECE - INCOMPATIBLE AID - COMPANY IN DIFFICULTY - PRIVATE INVESTOR

Incompatible aid: The Court of Justice of the European Union annuls the judgment of the General Court confirming the incompatibility of several aid measures implemented by the Greek State in favour of a company in difficulty (Larko)

*This article is an automatic translation of the original article in French, provided here for your convenience. Read the original article. On 26 March 2020, the Court of Justice of the European Union delivered a judgment in case C-244/18 (Larko Geniki Metalleftiki kai Metallourgiki AE v. European Commission).. It will be recalled that in a judgment rendered on February 1, 2018 In Case T-412/14 (Larko Geniki Metalleftiki kai Metallourgiki AE v Commission), the Court of First Instance of the European Union upheld the Commission's decision of 27 March 2014 in its entirety. concluding that several aid measures implemented by the Greek State in favour of a company in difficulty, Larko, which specialises in the extraction and processing of laterite ore, the extraction of lignite and the

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Incompatible aid: The Court of Justice of the European Union annuls the judgment of the General Court confirming the incompatibility of several aid measures implemented by the Greek State in favour of a company in difficulty (Larko), 26 March 2020, Concurrences N° 2-2020, Art. N° 94056, www.concurrences.com

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