Recovery obligation: The Court of Justice of the European Union orders Greece to pay a lump sum of €5.500.000 and a semi-annual penalty payment of €4.368.000, due to its failure to comply with the recovery obligation of aid granted to a Greek mining company (Larco)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Larko is a Greek public company active in the mining sector, which the Greek authorities considered privatizing in 2012. Following a formal investigation procedure into 6 measures allegedly benefitting this company, the

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  • European Court of Justice (Luxembourg)

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Raphaël Vuitton, Recovery obligation: The Court of Justice of the European Union orders Greece to pay a lump sum of €5.500.000 and a semi-annual penalty payment of €4.368.000, due to its failure to comply with the recovery obligation of aid granted to a Greek mining company (Larco), 20 January 2022, Concurrences N° 2-2022, Art. N° 106611, p. 166

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