The EU Court of Justice rejects the Commission’s appeal concerning alleged aid granted to a bank and clarifies the requirements for the imputability test in the case of private entities (Banca Popolare di Bari)

On 2 March 2021, the Grand Chamber of the Court of Justice (“ECJ”) confirmed the judgment of the General Court (“GC”) in Tercas (19 March 2019, Italy and Others v Commission, Joined Cases T-98/16, T-196/16 and T-198/16). The judgments on appeal and at first instance provide important guidance on the concept of “State aid” in the sense of Article 107(1) TFEU and, in particular, on the question whether a measure adopted by a private entity can be “imputable” to a Member State within the meaning of that provision. The case concerns certain measures adopted by an Italian private consortium of banks called Fondo interbancario di tutela dei depositi (“FITD”). The establishment of FITD was authorised by the Italian central bank (“Bank of Italy”), which also approved its statutes. The Bank of Italy

L'accès à cet article est réservé aux abonnés

Déjà abonné ? Identifiez-vous

L’accès à cet article est réservé aux abonnés.

Lire gratuitement un article

Vous pouvez lire cet article gratuitement en vous inscrivant.

 

Version PDF

Auteurs

  • Van Bael & Bellis (Brussels)
  • Van Bael & Bellis (Brussels)

Citation

Francesco Pili, Markus Wellinger, The EU Court of Justice rejects the Commission’s appeal concerning alleged aid granted to a bank and clarifies the requirements for the imputability test in the case of private entities (Banca Popolare di Bari), 2 mars 2021, e-Competitions March 2021, Art. N° 100351

Visites 162

Tous les numéros

  • Latest News issue 
  • Tous les News issues
  • Latest Special issue 
  • Tous les Special issues