Europäisches Beihilfenrecht Blog

State Aid Uncovered Blog

In Lexxions Blog „State Aid Uncovered” veröffentlicht Prof. Phedon Nicolaides wöchentlich kritische Analysen zu den neuesten Urteilen und Entscheidungen zu staatlichen Beihilfen. Jeder Beitrag stellt die wichtigsten Punkte eines Gerichtsurteils oder einer EU-Kommissionsentscheidung vor, ordnet sie in den Kontext ähnlicher Rechtsprechung oder Praxis ein, bewertet die zugrundeliegende Argumentation und zeigt etwaige Ungereimtheiten oder Widersprüche auf.

In loser Folge werden auf diesem Blog auch Gastbeiträge von anderen Experten für staatliche Beihilfen veröffentlicht, welche die Inhalte der Blogbeiträge ergänzen.

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Professor at Maastricht University; Professor at University of Nicosia, and Academic Director at Lexxion Training

undertaking in difficulty ×

5. Januar 2026  |   von Phedon Nicolaides

Transfer of Public Land Free of State Aid
State Aid Blogs - Blog 1 Bild Madrid
For valuation of public land to be credible, it should preferably be carried out by external experts. Introduction  In December 2011, the Commission asked the Spanish authorities for information on alleged state aid in the transfer of public land from Madrid City Council to Real Madrid football club. In December 2013, the Commission decided to open the formal investigation procedure […]
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Keine Kommentare
30. Dezember 2025  |   von Phedon Nicolaides

State Aid to Support a Technology Hub
State Aid Blogs - State Aid Uncovered photos 92
Introduction  As part of the digital transition, Member States try to revitalise old industrial regions. A case in point is a recent Commission decision on the establishment of a technology hub in Poland’s former coal mining region of Katowice [SA.114301].1  The purpose of the Polish measure was to incentivise the development of new skills in the region. The aided project is a […]
Mehr lesen
Keine Kommentare
23. Dezember 2025  |   State Aid Uncovered von Phedon Nicolaides

No Imputability to the State of Investment by a State Enterprise
State Aid Blogs - State Aid Uncovered photos 88
Introduction  The past three articles have dealt with cases where the Commission or an EU court concluded that they were free of state aid or there were doubts as to whether they constituted state aid.  Today’s article reviews another case concerning a state intervention that was free of state aid. In decision SA.100862, the Commission found that transfer of state assets to a Finnish undertaking did not confer an advantage […]
Mehr lesen
Keine Kommentare
16. Dezember 2025  |   State Aid Uncovered von Phedon Nicolaides

Services Inextricably Linked to the Functions of the State
State Aid Blogs - State Aid Uncovered photos 87
Introduction  There are many cases where recipients of public subsidies perform non-economic activities and, therefore, those subsidies do not constitute state aid in the meaning of Article 107(1) TFEU. By contrast, there are only a handful of cases where activities that are normally economic in nature become non-economic because they are inextricably linked to a function reserved for the state or the […]
Mehr lesen
Keine Kommentare
9. Dezember 2025  |   State Aid Uncovered von Phedon Nicolaides

Compensation to the Operator of a Canal Lock that Provides Free Services May Constitute State Aid
State Aid Blogs - State Aid Uncovered photos 86
Introduction State aid rules are often perceived as straightjacket on Member State policies. Yet, the fundamental logic of the criteria used by the Commission and endorsed by EU courts to determine the compatibility of state aid force Member States to ask, at minimum, why they intervene, what is the most appropriate method of intervention and how much money is required […]
Mehr lesen
Keine Kommentare
2. Dezember 2025  |   State Aid Uncovered von Phedon Nicolaides

Arbitration Decision that is Free of State Aid
State Aid Blogs - State Aid Uncovered photos 82
Introduction Some cases seem to run forever. In 1960, Dimosia Epicheirisi Ilektrismou [DEI], the then sole supplier of electricity in Greece, entered into an agreement with Alouminion, an aluminium smelter, to provide electricity at preferential rates. The agreement expired in 2006. However, DEI and Alouminion, and its successor Mytilinaios and now Metlen, were not able to agree on a new […]
Mehr lesen
Keine Kommentare
4. November 2025  |   State Aid Uncovered von Phedon Nicolaides

The Commission Must Examine the Presence and Compatibility of Indirect State Aid
State Aid Blogs - State Aid Uncovered photos 74
Introduction  The Commission, in its 2016 Notice on the Notion of State Aid, made an important distinction between “indirect” beneficiaries and “secondary” beneficiaries of state aid. All state aid measures have secondary effects for the simple reason that direct aid recipients do not function in isolation from the rest of the economy. When they spend the aid they receive, third […]
Mehr lesen
Keine Kommentare
9. September 2025  |   State Aid Uncovered von Phedon Nicolaides

Injection of State Capital that Is Free of State Aid
State Aid Blogs - State Aid Uncovered photos 66
Introduction Directive 2014/59 on the recovery and resolution of financial institutions and Regulation 806/2014 on establishing the single resolution mechanism stipulate that if state aid is granted to a bank, it is automatically considered to be “failing or likely to fail” and it must be either resolved, if it is a systemic institution, or, otherwise, liquidated. The only exception is […]
Mehr lesen
Keine Kommentare
26. August 2025  |   State Aid Uncovered von Phedon Nicolaides

State-Aid Free Investment: Pari Passu or Benchmarked against Market Return
State Aid Blogs - State Aid Uncovered photos 19
Introduction The Finnish state owned 100% of four different companies which operated risk capital and private equity. One of those four companies was “Tesi”. Finland proposed the consolidation of the other three companies – with an estimated value of EUR 500 million – into Tesi. In addition, Finland intended to inject extra capital of EUR 300 million in Tesi. For […]
Mehr lesen
Keine Kommentare
12. August 2025  |   State Aid Uncovered von Phedon Nicolaides

Linked Enterprises through Relationships between Natural Persons
State Aid Blogs - State Aid Uncovered photos 63
Introduction A perennial issue facing aid-granting authorities is whether the aid applicants are SMEs. A mis-assessment of the SME status can have dire consequences as demonstrated by a Commission decision in May 2025 concerning State aid granted by Germany to sawmill Abalon Hardwood Hessen [AHH] [SA.24030]. The Commission found the aid to be incompatible with the internal market and ordered […]
Mehr lesen
Keine Kommentare
Nächste Seite »

undertaking in difficulty ×

5. Januar 2026  |   von Phedon Nicolaides

Transfer of Public Land Free of State Aid
State Aid Blogs - Blog 1 Bild Madrid
For valuation of public land to be credible, it should preferably be carried out by external experts. Introduction  In December 2011, the Commission asked the Spanish authorities for information on alleged state aid in the transfer of public land from Madrid City Council to Real Madrid football club. In December 2013, the Commission decided to open the formal investigation procedure […]
Mehr lesen
Keine Kommentare
30. Dezember 2025  |   von Phedon Nicolaides

State Aid to Support a Technology Hub
State Aid Blogs - State Aid Uncovered photos 92
Introduction  As part of the digital transition, Member States try to revitalise old industrial regions. A case in point is a recent Commission decision on the establishment of a technology hub in Poland’s former coal mining region of Katowice [SA.114301].1  The purpose of the Polish measure was to incentivise the development of new skills in the region. The aided project is a […]
Mehr lesen
Keine Kommentare
23. Dezember 2025  |   State Aid Uncovered von Phedon Nicolaides

No Imputability to the State of Investment by a State Enterprise
State Aid Blogs - State Aid Uncovered photos 88
Introduction  The past three articles have dealt with cases where the Commission or an EU court concluded that they were free of state aid or there were doubts as to whether they constituted state aid.  Today’s article reviews another case concerning a state intervention that was free of state aid. In decision SA.100862, the Commission found that transfer of state assets to a Finnish undertaking did not confer an advantage […]
Mehr lesen
Keine Kommentare
16. Dezember 2025  |   State Aid Uncovered von Phedon Nicolaides

Services Inextricably Linked to the Functions of the State
State Aid Blogs - State Aid Uncovered photos 87
Introduction  There are many cases where recipients of public subsidies perform non-economic activities and, therefore, those subsidies do not constitute state aid in the meaning of Article 107(1) TFEU. By contrast, there are only a handful of cases where activities that are normally economic in nature become non-economic because they are inextricably linked to a function reserved for the state or the […]
Mehr lesen
Keine Kommentare
9. Dezember 2025  |   State Aid Uncovered von Phedon Nicolaides

Compensation to the Operator of a Canal Lock that Provides Free Services May Constitute State Aid
State Aid Blogs - State Aid Uncovered photos 86
Introduction State aid rules are often perceived as straightjacket on Member State policies. Yet, the fundamental logic of the criteria used by the Commission and endorsed by EU courts to determine the compatibility of state aid force Member States to ask, at minimum, why they intervene, what is the most appropriate method of intervention and how much money is required […]
Mehr lesen
Keine Kommentare
2. Dezember 2025  |   State Aid Uncovered von Phedon Nicolaides

Arbitration Decision that is Free of State Aid
State Aid Blogs - State Aid Uncovered photos 82
Introduction Some cases seem to run forever. In 1960, Dimosia Epicheirisi Ilektrismou [DEI], the then sole supplier of electricity in Greece, entered into an agreement with Alouminion, an aluminium smelter, to provide electricity at preferential rates. The agreement expired in 2006. However, DEI and Alouminion, and its successor Mytilinaios and now Metlen, were not able to agree on a new […]
Mehr lesen
Keine Kommentare
4. November 2025  |   State Aid Uncovered von Phedon Nicolaides

The Commission Must Examine the Presence and Compatibility of Indirect State Aid
State Aid Blogs - State Aid Uncovered photos 74
Introduction  The Commission, in its 2016 Notice on the Notion of State Aid, made an important distinction between “indirect” beneficiaries and “secondary” beneficiaries of state aid. All state aid measures have secondary effects for the simple reason that direct aid recipients do not function in isolation from the rest of the economy. When they spend the aid they receive, third […]
Mehr lesen
Keine Kommentare
9. September 2025  |   State Aid Uncovered von Phedon Nicolaides

Injection of State Capital that Is Free of State Aid
State Aid Blogs - State Aid Uncovered photos 66
Introduction Directive 2014/59 on the recovery and resolution of financial institutions and Regulation 806/2014 on establishing the single resolution mechanism stipulate that if state aid is granted to a bank, it is automatically considered to be “failing or likely to fail” and it must be either resolved, if it is a systemic institution, or, otherwise, liquidated. The only exception is […]
Mehr lesen
Keine Kommentare
26. August 2025  |   State Aid Uncovered von Phedon Nicolaides

State-Aid Free Investment: Pari Passu or Benchmarked against Market Return
State Aid Blogs - State Aid Uncovered photos 19
Introduction The Finnish state owned 100% of four different companies which operated risk capital and private equity. One of those four companies was “Tesi”. Finland proposed the consolidation of the other three companies – with an estimated value of EUR 500 million – into Tesi. In addition, Finland intended to inject extra capital of EUR 300 million in Tesi. For […]
Mehr lesen
Keine Kommentare
12. August 2025  |   State Aid Uncovered von Phedon Nicolaides

Linked Enterprises through Relationships between Natural Persons
State Aid Blogs - State Aid Uncovered photos 63
Introduction A perennial issue facing aid-granting authorities is whether the aid applicants are SMEs. A mis-assessment of the SME status can have dire consequences as demonstrated by a Commission decision in May 2025 concerning State aid granted by Germany to sawmill Abalon Hardwood Hessen [AHH] [SA.24030]. The Commission found the aid to be incompatible with the internal market and ordered […]
Mehr lesen
Keine Kommentare
Nächste Seite »

undertaking in difficulty ×

5. Januar 2026  |   von Phedon Nicolaides

Transfer of Public Land Free of State Aid
State Aid Blogs - Blog 1 Bild Madrid
For valuation of public land to be credible, it should preferably be carried out by external experts. Introduction  In December 2011, the Commission asked the Spanish authorities for information on alleged state aid in the transfer of public land from Madrid City Council to Real Madrid football club. In December 2013, the Commission decided to open the formal investigation procedure […]
Mehr lesen
Keine Kommentare
30. Dezember 2025  |   von Phedon Nicolaides

State Aid to Support a Technology Hub
State Aid Blogs - State Aid Uncovered photos 92
Introduction  As part of the digital transition, Member States try to revitalise old industrial regions. A case in point is a recent Commission decision on the establishment of a technology hub in Poland’s former coal mining region of Katowice [SA.114301].1  The purpose of the Polish measure was to incentivise the development of new skills in the region. The aided project is a […]
Mehr lesen
Keine Kommentare
23. Dezember 2025  |   State Aid Uncovered von Phedon Nicolaides

No Imputability to the State of Investment by a State Enterprise
State Aid Blogs - State Aid Uncovered photos 88
Introduction  The past three articles have dealt with cases where the Commission or an EU court concluded that they were free of state aid or there were doubts as to whether they constituted state aid.  Today’s article reviews another case concerning a state intervention that was free of state aid. In decision SA.100862, the Commission found that transfer of state assets to a Finnish undertaking did not confer an advantage […]
Mehr lesen
Keine Kommentare
16. Dezember 2025  |   State Aid Uncovered von Phedon Nicolaides

Services Inextricably Linked to the Functions of the State
State Aid Blogs - State Aid Uncovered photos 87
Introduction  There are many cases where recipients of public subsidies perform non-economic activities and, therefore, those subsidies do not constitute state aid in the meaning of Article 107(1) TFEU. By contrast, there are only a handful of cases where activities that are normally economic in nature become non-economic because they are inextricably linked to a function reserved for the state or the […]
Mehr lesen
Keine Kommentare
9. Dezember 2025  |   State Aid Uncovered von Phedon Nicolaides

Compensation to the Operator of a Canal Lock that Provides Free Services May Constitute State Aid
State Aid Blogs - State Aid Uncovered photos 86
Introduction State aid rules are often perceived as straightjacket on Member State policies. Yet, the fundamental logic of the criteria used by the Commission and endorsed by EU courts to determine the compatibility of state aid force Member States to ask, at minimum, why they intervene, what is the most appropriate method of intervention and how much money is required […]
Mehr lesen
Keine Kommentare
2. Dezember 2025  |   State Aid Uncovered von Phedon Nicolaides

Arbitration Decision that is Free of State Aid
State Aid Blogs - State Aid Uncovered photos 82
Introduction Some cases seem to run forever. In 1960, Dimosia Epicheirisi Ilektrismou [DEI], the then sole supplier of electricity in Greece, entered into an agreement with Alouminion, an aluminium smelter, to provide electricity at preferential rates. The agreement expired in 2006. However, DEI and Alouminion, and its successor Mytilinaios and now Metlen, were not able to agree on a new […]
Mehr lesen
Keine Kommentare
4. November 2025  |   State Aid Uncovered von Phedon Nicolaides

The Commission Must Examine the Presence and Compatibility of Indirect State Aid
State Aid Blogs - State Aid Uncovered photos 74
Introduction  The Commission, in its 2016 Notice on the Notion of State Aid, made an important distinction between “indirect” beneficiaries and “secondary” beneficiaries of state aid. All state aid measures have secondary effects for the simple reason that direct aid recipients do not function in isolation from the rest of the economy. When they spend the aid they receive, third […]
Mehr lesen
Keine Kommentare
9. September 2025  |   State Aid Uncovered von Phedon Nicolaides

Injection of State Capital that Is Free of State Aid
State Aid Blogs - State Aid Uncovered photos 66
Introduction Directive 2014/59 on the recovery and resolution of financial institutions and Regulation 806/2014 on establishing the single resolution mechanism stipulate that if state aid is granted to a bank, it is automatically considered to be “failing or likely to fail” and it must be either resolved, if it is a systemic institution, or, otherwise, liquidated. The only exception is […]
Mehr lesen
Keine Kommentare
26. August 2025  |   State Aid Uncovered von Phedon Nicolaides

State-Aid Free Investment: Pari Passu or Benchmarked against Market Return
State Aid Blogs - State Aid Uncovered photos 19
Introduction The Finnish state owned 100% of four different companies which operated risk capital and private equity. One of those four companies was “Tesi”. Finland proposed the consolidation of the other three companies – with an estimated value of EUR 500 million – into Tesi. In addition, Finland intended to inject extra capital of EUR 300 million in Tesi. For […]
Mehr lesen
Keine Kommentare
12. August 2025  |   State Aid Uncovered von Phedon Nicolaides

Linked Enterprises through Relationships between Natural Persons
State Aid Blogs - State Aid Uncovered photos 63
Introduction A perennial issue facing aid-granting authorities is whether the aid applicants are SMEs. A mis-assessment of the SME status can have dire consequences as demonstrated by a Commission decision in May 2025 concerning State aid granted by Germany to sawmill Abalon Hardwood Hessen [AHH] [SA.24030]. The Commission found the aid to be incompatible with the internal market and ordered […]
Mehr lesen
Keine Kommentare
Nächste Seite »

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