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Banca Tercas state aid decision annulled by EU court

( March 19, 2019, 08:46 GMT | Official Statement) -- MLex Summary: The EU General Court has annulled a European Commission decision, which said aid given by a private consortium to one of its members constituted state aid. The court said the commission didn't have sufficient evidence to conclude that the support measures were taken under the actual influence or control of the state.Statement follows. The judgment is attached in French. Case reference is T-98/16 T-196/16 T-198/16 Italy, others v EC. ...

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