CASE COMMENTS: REGULATIONS - FINANCIAL STABILITY – STATE AIDS – BANKING COMMUNICATION – BAIL IN

Financial markets: The Court of Justice of the European Union rules that the Banking Communication of the European Commission must be interpreted notably by taking into account the objective of financial stability (Kotnik)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 19 July 2016, the Court of Justice of the EU, meeting in its Grand Chamber formation, interpreted the Banking Communication adopted by the Commission in the wake of the banking crisis (Communication from the Commission on the application of State aid rules to State aid to banks in the context of the financial crisis as from 1 August 2013, Communication on the banking sector, OJEU 2013, C 216, p. 1). In the present case, the Constitutional Court of Slovenia had referred a question to the Court of Justice for a preliminary ruling in a case concerning the review of the Slovenian Banking Act, which provides for exceptional measures for the recovery of the

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  • University Paris II Panthéon‑Assas

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Francesco Martucci, Financial markets: The Court of Justice of the European Union rules that the Banking Communication of the European Commission must be interpreted notably by taking into account the objective of financial stability (Kotnik), 19 July 2016, Concurrences Nº 4-2016, Art. N° 82096, pp. 190-193

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