CASE COMMENT: STATE AIDS - COMMISSION DECISION - FAILURE TO FULFIL OBLIGATIONS

Reimbursement: The ECJ holds that the only defence available to oppose a decision to reimburse incompatible State aids is absolute impossibility to properly implement the EC’s decision (Spain)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. ECJ, 20 September 2007, Commission v. Kingdom of Spain, case C-177/06 Three Basque provinces have adopted tax measures to encourage business creation (exemption from corporate tax for ten consecutive tax years). The Commission has adopted three decisions in which it classifies these measures as incompatible aid and requires that aid already paid be recovered and that unpaid aid be suspended. The decision provided that Spain had to inform the Commission within two months of notification of the measures taken to comply with the decisions. The decisions were notified to Spain on 28

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • Sheppard, Mullin, Richter & Hampton (Brussels)

Quotation

Jacques Derenne, Reimbursement: The ECJ holds that the only defence available to oppose a decision to reimburse incompatible State aids is absolute impossibility to properly implement the EC’s decision (Spain), 20 September 2007, Concurrences N° 4-2007, Art. N° 14364, pp. 121-122

Visites 3547

All reviews