Compatible aid: The General Court of the European Union clarifies the conditions for restructuring aid to be valid by analyzing the condition of non-recurrence of aid rescuing and restructuring companies in difficulty (Wizz Air Hungary)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. The Covid-19 crisis was an opportunity for a very large for a very large number of European airlines to benefit from benefit from aid. This has been the source of a lot of litigation litigation in which the Court of First Instance - and soon the Court on many aspects of state aid law. On May 4, 2022, the Court of First Instance, in case T-718/20, Wizz Air Hungary, had to determine whether the Commission had correctly assessed the risk of serious social difficulties. On 19 February 2020, Romania notified the Commission a plan to grant rescue aid - in the form of a loan - to the of a loan - to the national airline TAROM, which was then in financial

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Authors

  • Sheppard, Mullin, Richter & Hampton (Brussels)
  • Sheppard, Mullin, Richter & Hampton (Brussels)

Quotation

Jacques Derenne, Nour el-Houda Bey, Compatible aid: The General Court of the European Union clarifies the conditions for restructuring aid to be valid by analyzing the condition of non-recurrence of aid rescuing and restructuring companies in difficulty (Wizz Air Hungary), 4 May 2022, Concurrences N° 3-2022, Art. N° 108194, pp. 148-150

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