CASE COMMENTS : STATE AIDS – AID TO SHIPBUILDING – MISUSE OF AID – RECOVERY – SHIPYARDS

Misuse of aid: The General Court rules that the Greek authorities have committed a misuse of aid granted to a shipyard initially authorised by the Commission under certain conditions, and interprets strictly the derogations about the protection of the essential interests of the States laid down by the Treaty (Ellinika Nafpigeia)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Trib. EU, 15 March 2012, Ellinika Nafpigeia v Commission, Case T-391/08 The Court dismissed an action for annulment of the Commission's decision of 8 July 2008, by which the Commission had decided on 16 measures in favour of Hellenic Shipyards ('HSY'). A first series of actions against that decision had already been dismissed by a judgment of the Court of First Instance of 10 November 2011 (Trib. EU, Elliniki Nafpigokataskevastiki and Others v Commission, Case T-384/08, see Concurrences No 1 2012). Unlike that first series of actions, which concerned only the guarantee of compensation granted by a State bank to the purchaser of the shipyards in the event

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  • European Commission - Legal Service (Brussels)

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Bruno Stromsky, Misuse of aid: The General Court rules that the Greek authorities have committed a misuse of aid granted to a shipyard initially authorised by the Commission under certain conditions, and interprets strictly the derogations about the protection of the essential interests of the States laid down by the Treaty (Ellinika Nafpigeia), 15 March 2012, Concurrences N° 3-2012, Art. N° 48432, pp. 174-176

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