State Aid Law Blog

State Aid Uncovered Blog

In Lexxion’s State Aid Uncovered blog, Prof. Phedon Nicolaides publishes weekly critical analyses of recent State aid judgments and decisions. Each post presents the key points of a court judgment or EU Commission decision, places it in the context of similar case law or practice, assesses the underlying reasoning and highlights any inconsistencies or contradictions.

Guest contributions from other State aid experts will also be published on the blog at irregular intervals to complement the content of the blog posts.

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State Aid Uncovered ×

12. September 2017  |   State Aid Uncovered by Phedon Nicolaides

Concession Agreements Free of State Aid
State Aid Blogs - concessions State aid airports
Awards of concession contracts should follow a procedure which is open, transparent, non-discriminatory and unconditional. Prices may be regulated to prevent excessive prices and profits. But, the concession fee may be adjusted to enable the concessionaire to earn a sufficient return.   Introduction This article examines the link between State aid and concession agreements. In decision SA.44259, the Commission considered […]
read more
No Comments
5. September 2017  |   State Aid Uncovered by Phedon Nicolaides

Sale, Liquidation and Other Options for Private Investors
State Aid Blogs - m 33
A private investor chooses the less costly option between selling a company at a loss and liquidating it. In addition to avoiding losses, a private investor also cares for its image, quantifies its value and factors it in the sale or liquidation option.   Introduction On 6 July 2017, the General Court ruled in two closely related cases: T-74/14, France […]
read more
No Comments
29. August 2017  |   State Aid Uncovered by Phedon Nicolaides

Bank Recapitalisation that Conforms to the Market Economy Investor Principle
State Aid Blogs - m 7
A public authority acts like a private investor when it injects capital in a stricken bank if there is a realistic prospect of sufficient return that compensates it for the risk it bears.   Introduction Caixa Geral de Depósitos (CGD) is the largest bank in Portugal and is now fully owned by the State. In June 2012, Portugal notified to […]
read more
No Comments
22. August 2017  |   State Aid Uncovered by Phedon Nicolaides

State Aid Is Not Compatible With the Internal Market when it Contravenes other EU Rules
State Aid Blogs - m 4 1
Relief from a penalty imposed by EU rules is State aid that is incompatible with the internal market.   Introduction EU rules contain a standard exclusion: State aid cannot be declared compatible with the internal market when it is non-severable [i.e. cannot be separated] from a violation of EU law. Yet, cases involving non-severable violations of EU law are rare. […]
read more
No Comments
15. August 2017  |   State Aid Uncovered by Phedon Nicolaides

Exceptions to the Exceptional Nature of State Aid for Banks
State Aid Blogs - m 4
State aid for banks can be granted without triggering resolution in cases of precautionary recapitalisation and liquidation.   Introduction A primary objective of the European response to the financial crisis was to sever the link between troubled banks and indebted sovereign. The principle now is that if a bank needs money to meet the capital adequacy ratio required by banking […]
read more
No Comments
8. August 2017  |   State Aid Uncovered by Phedon Nicolaides

Sale of State-Owned Bank
State Aid Blogs - 01.11.17 State aid
The sale of a public asset is free of State aid when it is open, transparent, non-discriminatory, unconditional and the award is made to the highest binding and credible offer.   Introduction The rules on State aid to financial institutions and banks have become very strict. Owners and creditors have to be bailed in [the so-called burden sharing] and the […]
read more
No Comments
1. August 2017  |   State Aid Uncovered by Phedon Nicolaides

Collective Insolvency and the GBER
State Aid Blogs - m 8
The eligibility of an aid applicant and the legality of the aid are determined at the point when the aid is granted. If afterwards the aid recipient ceases to be an SME or enters in financial difficulties it is not a relevant issue.   Introduction When Member States grant aid on the basis of the General Block Exemption Regulation [Regulation […]
read more
No Comments
25. July 2017  |   State Aid Uncovered by Phedon Nicolaides

Transfer of Trademarks
State Aid Blogs - m 9
The free transfer of a trademark that belongs to the state confers two possible advantages to the new owner if there is a market for that trademark.   Introduction When a public authority places at the disposal of an undertaking a public asset, it confers to that undertaking a competitive advantage. The competitive advantage is eliminated whenever that public authority […]
read more
No Comments
18. July 2017  |   State Aid Uncovered by Phedon Nicolaides

Even the Catholic Church Is not Absolved from State Aid Rules: The Essence of Economic Activity – PART II
State Aid Blogs - m 10
Purely religious activities and education funded by the state are not economic in nature.   Read the I. part of the article, here. Selective economic advantage The Court proceeded to examine the possible existence of a selective economic advantage. It first recalled, in paragraph 65, that the concept of State aid covers only those public measures which favour certain undertakings “or” […]
read more
No Comments
11. July 2017  |   State Aid Uncovered by Phedon Nicolaides

Even the Catholic Church Is not Absolved from State Aid Rules: The Essence of Economic Activity – PART I
State Aid Blogs - m 10
Purely religious activities and education funded by the state are not economic in nature. Introduction On 27 June 2017 the Court of Justice ruled in case C‑74/16, Congregación de Escuelas Pías Provincia Betania v Ayuntamiento de Getafe.[1] The ruling was in response to a request from a Spanish administrative court dealing with a tax dispute between religious schools and the municipality of […]
read more
10 Comments
« Previous PageNext Page »

State Aid Uncovered ×

12. September 2017  |   State Aid Uncovered by Phedon Nicolaides

Concession Agreements Free of State Aid
State Aid Blogs - concessions State aid airports
Awards of concession contracts should follow a procedure which is open, transparent, non-discriminatory and unconditional. Prices may be regulated to prevent excessive prices and profits. But, the concession fee may be adjusted to enable the concessionaire to earn a sufficient return.   Introduction This article examines the link between State aid and concession agreements. In decision SA.44259, the Commission considered […]
read more
No Comments
5. September 2017  |   State Aid Uncovered by Phedon Nicolaides

Sale, Liquidation and Other Options for Private Investors
State Aid Blogs - m 33
A private investor chooses the less costly option between selling a company at a loss and liquidating it. In addition to avoiding losses, a private investor also cares for its image, quantifies its value and factors it in the sale or liquidation option.   Introduction On 6 July 2017, the General Court ruled in two closely related cases: T-74/14, France […]
read more
No Comments
29. August 2017  |   State Aid Uncovered by Phedon Nicolaides

Bank Recapitalisation that Conforms to the Market Economy Investor Principle
State Aid Blogs - m 7
A public authority acts like a private investor when it injects capital in a stricken bank if there is a realistic prospect of sufficient return that compensates it for the risk it bears.   Introduction Caixa Geral de Depósitos (CGD) is the largest bank in Portugal and is now fully owned by the State. In June 2012, Portugal notified to […]
read more
No Comments
22. August 2017  |   State Aid Uncovered by Phedon Nicolaides

State Aid Is Not Compatible With the Internal Market when it Contravenes other EU Rules
State Aid Blogs - m 4 1
Relief from a penalty imposed by EU rules is State aid that is incompatible with the internal market.   Introduction EU rules contain a standard exclusion: State aid cannot be declared compatible with the internal market when it is non-severable [i.e. cannot be separated] from a violation of EU law. Yet, cases involving non-severable violations of EU law are rare. […]
read more
No Comments
15. August 2017  |   State Aid Uncovered by Phedon Nicolaides

Exceptions to the Exceptional Nature of State Aid for Banks
State Aid Blogs - m 4
State aid for banks can be granted without triggering resolution in cases of precautionary recapitalisation and liquidation.   Introduction A primary objective of the European response to the financial crisis was to sever the link between troubled banks and indebted sovereign. The principle now is that if a bank needs money to meet the capital adequacy ratio required by banking […]
read more
No Comments
8. August 2017  |   State Aid Uncovered by Phedon Nicolaides

Sale of State-Owned Bank
State Aid Blogs - 01.11.17 State aid
The sale of a public asset is free of State aid when it is open, transparent, non-discriminatory, unconditional and the award is made to the highest binding and credible offer.   Introduction The rules on State aid to financial institutions and banks have become very strict. Owners and creditors have to be bailed in [the so-called burden sharing] and the […]
read more
No Comments
1. August 2017  |   State Aid Uncovered by Phedon Nicolaides

Collective Insolvency and the GBER
State Aid Blogs - m 8
The eligibility of an aid applicant and the legality of the aid are determined at the point when the aid is granted. If afterwards the aid recipient ceases to be an SME or enters in financial difficulties it is not a relevant issue.   Introduction When Member States grant aid on the basis of the General Block Exemption Regulation [Regulation […]
read more
No Comments
25. July 2017  |   State Aid Uncovered by Phedon Nicolaides

Transfer of Trademarks
State Aid Blogs - m 9
The free transfer of a trademark that belongs to the state confers two possible advantages to the new owner if there is a market for that trademark.   Introduction When a public authority places at the disposal of an undertaking a public asset, it confers to that undertaking a competitive advantage. The competitive advantage is eliminated whenever that public authority […]
read more
No Comments
18. July 2017  |   State Aid Uncovered by Phedon Nicolaides

Even the Catholic Church Is not Absolved from State Aid Rules: The Essence of Economic Activity – PART II
State Aid Blogs - m 10
Purely religious activities and education funded by the state are not economic in nature.   Read the I. part of the article, here. Selective economic advantage The Court proceeded to examine the possible existence of a selective economic advantage. It first recalled, in paragraph 65, that the concept of State aid covers only those public measures which favour certain undertakings “or” […]
read more
No Comments
11. July 2017  |   State Aid Uncovered by Phedon Nicolaides

Even the Catholic Church Is not Absolved from State Aid Rules: The Essence of Economic Activity – PART I
State Aid Blogs - m 10
Purely religious activities and education funded by the state are not economic in nature. Introduction On 27 June 2017 the Court of Justice ruled in case C‑74/16, Congregación de Escuelas Pías Provincia Betania v Ayuntamiento de Getafe.[1] The ruling was in response to a request from a Spanish administrative court dealing with a tax dispute between religious schools and the municipality of […]
read more
10 Comments
« Previous PageNext Page »

State Aid Uncovered ×

12. September 2017  |   State Aid Uncovered by Phedon Nicolaides

Concession Agreements Free of State Aid
State Aid Blogs - concessions State aid airports
Awards of concession contracts should follow a procedure which is open, transparent, non-discriminatory and unconditional. Prices may be regulated to prevent excessive prices and profits. But, the concession fee may be adjusted to enable the concessionaire to earn a sufficient return.   Introduction This article examines the link between State aid and concession agreements. In decision SA.44259, the Commission considered […]
read more
No Comments
5. September 2017  |   State Aid Uncovered by Phedon Nicolaides

Sale, Liquidation and Other Options for Private Investors
State Aid Blogs - m 33
A private investor chooses the less costly option between selling a company at a loss and liquidating it. In addition to avoiding losses, a private investor also cares for its image, quantifies its value and factors it in the sale or liquidation option.   Introduction On 6 July 2017, the General Court ruled in two closely related cases: T-74/14, France […]
read more
No Comments
29. August 2017  |   State Aid Uncovered by Phedon Nicolaides

Bank Recapitalisation that Conforms to the Market Economy Investor Principle
State Aid Blogs - m 7
A public authority acts like a private investor when it injects capital in a stricken bank if there is a realistic prospect of sufficient return that compensates it for the risk it bears.   Introduction Caixa Geral de Depósitos (CGD) is the largest bank in Portugal and is now fully owned by the State. In June 2012, Portugal notified to […]
read more
No Comments
22. August 2017  |   State Aid Uncovered by Phedon Nicolaides

State Aid Is Not Compatible With the Internal Market when it Contravenes other EU Rules
State Aid Blogs - m 4 1
Relief from a penalty imposed by EU rules is State aid that is incompatible with the internal market.   Introduction EU rules contain a standard exclusion: State aid cannot be declared compatible with the internal market when it is non-severable [i.e. cannot be separated] from a violation of EU law. Yet, cases involving non-severable violations of EU law are rare. […]
read more
No Comments
15. August 2017  |   State Aid Uncovered by Phedon Nicolaides

Exceptions to the Exceptional Nature of State Aid for Banks
State Aid Blogs - m 4
State aid for banks can be granted without triggering resolution in cases of precautionary recapitalisation and liquidation.   Introduction A primary objective of the European response to the financial crisis was to sever the link between troubled banks and indebted sovereign. The principle now is that if a bank needs money to meet the capital adequacy ratio required by banking […]
read more
No Comments
8. August 2017  |   State Aid Uncovered by Phedon Nicolaides

Sale of State-Owned Bank
State Aid Blogs - 01.11.17 State aid
The sale of a public asset is free of State aid when it is open, transparent, non-discriminatory, unconditional and the award is made to the highest binding and credible offer.   Introduction The rules on State aid to financial institutions and banks have become very strict. Owners and creditors have to be bailed in [the so-called burden sharing] and the […]
read more
No Comments
1. August 2017  |   State Aid Uncovered by Phedon Nicolaides

Collective Insolvency and the GBER
State Aid Blogs - m 8
The eligibility of an aid applicant and the legality of the aid are determined at the point when the aid is granted. If afterwards the aid recipient ceases to be an SME or enters in financial difficulties it is not a relevant issue.   Introduction When Member States grant aid on the basis of the General Block Exemption Regulation [Regulation […]
read more
No Comments
25. July 2017  |   State Aid Uncovered by Phedon Nicolaides

Transfer of Trademarks
State Aid Blogs - m 9
The free transfer of a trademark that belongs to the state confers two possible advantages to the new owner if there is a market for that trademark.   Introduction When a public authority places at the disposal of an undertaking a public asset, it confers to that undertaking a competitive advantage. The competitive advantage is eliminated whenever that public authority […]
read more
No Comments
18. July 2017  |   State Aid Uncovered by Phedon Nicolaides

Even the Catholic Church Is not Absolved from State Aid Rules: The Essence of Economic Activity – PART II
State Aid Blogs - m 10
Purely religious activities and education funded by the state are not economic in nature.   Read the I. part of the article, here. Selective economic advantage The Court proceeded to examine the possible existence of a selective economic advantage. It first recalled, in paragraph 65, that the concept of State aid covers only those public measures which favour certain undertakings “or” […]
read more
No Comments
11. July 2017  |   State Aid Uncovered by Phedon Nicolaides

Even the Catholic Church Is not Absolved from State Aid Rules: The Essence of Economic Activity – PART I
State Aid Blogs - m 10
Purely religious activities and education funded by the state are not economic in nature. Introduction On 27 June 2017 the Court of Justice ruled in case C‑74/16, Congregación de Escuelas Pías Provincia Betania v Ayuntamiento de Getafe.[1] The ruling was in response to a request from a Spanish administrative court dealing with a tax dispute between religious schools and the municipality of […]
read more
10 Comments
« Previous PageNext Page »

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