CASE COMMENT: STATE AIDS - RESTRUCTURING AID - MISUSE OF AID

Review of the EC margin of discretion: The CFI rules that when the Commission has a wide discretion, judicial review of the manner in which that discretion is exercised is confined mainly to establish that the decision is sufficiently motivated (Olympiaki Aeroporia Ypiresies)

TPICE, 12 septembre 2007, Olympiaki Aeroporia Ypiresies AE c/ Commission, aff. T-68/03 Le Tribunal annule partiellement la décision rendue par la Commission en 2002 relative à certaines aides nouvelles que les autorités helléniques ont attribuées à OA (à l'époque, “Olympic Airways”) mais confirme la décision en ce qu'elle ordonne le remboursement de l'aide à la restructuration. Chronologie des faits Les éléments chronologiques essentiels de cette affaire sont les suivants : 1994 : Décision déclarant compatibles plusieurs aides à la restructuration (garanties d'emprunt, allègement de dette, conversion de la dette pour partie en capital, injection de capital en trois tranches) sous condition du respect de 21 engagements par le gouvernement grec ; 1998 : Plan de restructuration révisé déclaré

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  • Sheppard, Mullin, Richter & Hampton (Brussels)

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Jacques Derenne, Review of the EC margin of discretion: The CFI rules that when the Commission has a wide discretion, judicial review of the manner in which that discretion is exercised is confined mainly to establish that the decision is sufficiently motivated (Olympiaki Aeroporia Ypiresies), 12 September 2007, Concurrences N° 4-2007, Art. N° 14351, pp. 113-114

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