CASE COMMENTS : STATE AIDS – RESTRUCTURING AID – RELIEF OF PENSION FINANCING – POSTAL SERVICES

Restructuring aid – Relief of pension financing: The European Commission approves, under certain conditions, State aid for the financing of pension relief and restructuring aid in favour of the postal incumbent operator (Royal Mail Group)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Eur. comm., Dec. 21, 2012, United Kingdom - Royal Mail Group, aff. SA.31479 The Commission's decision on Royal Mail is twofold: firstly, it declares aid which leads the State to take over part of the retirement pensions due to former staff by the incumbent postal operator to be conditionally compatible, and secondly, it declares aid, in the form of debt relief, to the restructuring of Royal Mail to be compatible. The first part of the decision has a now classic aspect, as the Commission has acquired a certain

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  • European Commission - Legal Service (Brussels)

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Bruno Stromsky, Restructuring aid – Relief of pension financing: The European Commission approves, under certain conditions, State aid for the financing of pension relief and restructuring aid in favour of the postal incumbent operator (Royal Mail Group), 21 March 2012, Concurrences N° 3-2012, Art. N° 48438, p. 180

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