The EU General Court confirms the Commission’s decision ruling that the Province of Burgenland had granted State aid that was not compatible with the common market (Land Burgenland)

I. Introduction On 28 February 2012 the General Court confirmed the European Commission’s (“Commission”) decision of 30 April 2008 [1] and ruled that the Province of Burgenland had granted State aid to Grazer Wechselseitige Versicherung AG (“GRAWE”) which was not compatible with the common market [2]. This court decision is not final, but it is an “interim result” of an endless privatization process of the regional HYPO Bank Burgenland AG (“Bank Burgenland”), which was no badge of honour so far for the Province of Burgenland. This article shall give a view on the proceedings on State aid granted by the Austrian Authorities to GRAWE in connection with the privatization of Bank Burgenland from the perspective of the best but rejected bidder. After two unsuccessful attempts to privatize Bank

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

  • Trummer & Thomas (Vienna)
  • Trummer & Thomas (Vienna)
  • Borealis (Vienna)

Citation

Alexander Thomas, Gregor Trummer, Isolde Rabl, The EU General Court confirms the Commission’s decision ruling that the Province of Burgenland had granted State aid that was not compatible with the common market (Land Burgenland), 28 février 2012, e-Competitions Due Process Research Program, Art. N° 48241

Visites 855

Tous les numéros

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