CASE COMMENTS: STATE AIDS - CALCULATION OF INTEREST RELATING TO THE RECOVERY OF AID THAT IS INCOMPATIBLE WITH THE COMMON MARKET – REGULATION NO 794/2004

State aid recovery : The Court of Justice of the European Union considers that the EU law does not preclude Italian legislation which, by reference to a regulation not in force at the time, provides for the application of compound interest to the recovery of State aid (A2A)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. More than 13 years after its adoption, the Commission's decision on Italian local public services has again given rise to a Court ruling. In this latest judicial episode, the modalities of implementing the recovery of the aid in question were at the centre of the debates. It should be recalled that, in 2002, in its Decision 2003/193/EC, the Commission had, in its Decision 2003/193/EC, classified as state aid incompatible with the common market the tax exemptions and subsidised loans from which certain Italian local public services had benefited. It ordered their recovery. Italy and six companies providing the services in question appealed against that

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