CASE COMMENTS: STATE AID – EUROPEAN UNION - MINING SECTOR – GUARANTEE – FIRM IN DIFFICULTY – MARKET ECONOMY OPERATOR TEST

Failing firm: The Court of Justice of the European Union partially annuls the judgment of the General Court of the European Union which confirmed that guarantees granted to a Greek mining company constituted State aid incompatible with the internal market (Larko)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. This is the latest episode in a long-standing dispute, and the judgment under comment is set in the same context as that which led to the Court's judgment of 9 November 2017, Commission v. Greece (C-481/16, comm. R Vuitton, ConcurrencesNo. 1-2018, pp. 134-136.) and the judgments of the Court of First Instance of 1 February 2018 in Larko v Commission (T-412/24, EU:T:2018:55 and T-423/14, EU:T:2018:57, comm. R. Vuitton, ConcurrencesNo 2-2018, pp. 146-149.). It will therefore be limited to pointing out that Larko is a Greek State-owned company active in the extraction and processing of certain minerals. By its Decision 2014/539/EU (OJ 2014 L 254, p. 24), the

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  • European Court of Justice (Luxembourg)

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Raphaël Vuitton, Failing firm: The Court of Justice of the European Union partially annuls the judgment of the General Court of the European Union which confirmed that guarantees granted to a Greek mining company constituted State aid incompatible with the internal market (Larko), 26 March 2020, Concurrences N° 2-2020, Art. N° 94506, pp. 147-148

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