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EC Statement: State aid - Commission takes Greece to Court for failure to recover illegal tax exemptions

( February 24, 2010, 10:45 GMT | Official Statement) -- Extract: The European Commission has decided to refer Greece to the Court of Justice of the European Union on the basis of Article 108(2) of the Treaty on the Functioning of the European Union (TFEU) for failing to comply with a Commission decision of July 2008. The 2008 decision ordered Greece to recover state aid unlawfully granted to hundreds of companies through illegal tax exemptions. To date, Greece has not recovered the aid from the beneficiaries.The European Commission has decided to refer Greece to the Court of Justice of the European Union on the basis of Article 108(2) of the Treaty on the Functioning of the European Union (TFEU) for failing to comply with a Commission decision of July 2008. The 2008 decision ordered Greece to recover state aid unlawfully granted to hundreds of companies through illegal tax exemptions. To date, Greece has not recovered the aid from the beneficiaries....

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