8/2016 : 28 January 2016 - Judgment of the General Court in case T-427/12

Date of article: 28/01/2016

Daily News of: 28/01/2016

Country:  EUROPE

Author: Court of Justice of the European Union

Article language: en

Austria v Commission
State aid
The General Court confirms that the guarantee granted by Austria to BayernLB in the context of its restructuring concerning BayernLB’s credit lines in favour of Hypo Group Alpe Adria constitutes State aid which is nevertheless compatible with EU law

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