ALERTS: STATE AID - EUROPEAN UNION - BANKING SECTOR - EXISTING AID - REJECTION - ACCOUNTABILITY - PUBLIC ENTERPRISE

Existing aid: The Court of Justice of the European Union confirms that the support granted by an Italian private law consortium to one of its members was not imputable to the State (Banca Popolare di Bari a.o.)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 2 March 2021, the Court of Justice of the European Union delivered its judgment in Case C-425/19 (European Commission v. Italian Republic and others) https://lactu-concurrence.us14.list.... Taking the view in turn that the support granted by a consortium of Italian banks to one of its members did not involve the use of State resources and was therefore not imputable to it, the Court of Justice of the European Union, following the conclusions of the Court of Justice of the European Communities at conclusionshttps://lactu-concurrence.us14.list...by Advocate General Evgeni Tanchev, dismisses the appeal brought by the Commission against the judgment of the

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Existing aid: The Court of Justice of the European Union confirms that the support granted by an Italian private law consortium to one of its members was not imputable to the State (Banca Popolare di Bari a.o.), 2 March 2021, Concurrences N° 2-2021, Art. N° 99524, www.concurrences.com

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