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Europe Daily Bulletin No. 13255

22 September 2023
Contents Publication in full By article 22 / 35
ECONOMY - FINANCE - BUSINESS / State aid
After re-examination, European Commission finds that support granted to Banca Tercas did not constitute State aid
Brussels, 21/09/2023 (Agence Europe)

On Thursday 21 September, the European Commission concluded that the support granted to the Banca Tercas savings bank by the Italian mandatory deposit guarantee scheme did not constitute State aid.

The EU institution drew this conclusion after carrying out a reassessment following a judgment of the Court of Justice of the European Union confirming that it had erred in law in this case.

In December 2015, the Commission found that support granted by the Italian Fondo Interbancario di Tutela...

Contents

SECTORAL POLICIES
Russian invasion of Ukraine
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
COURT OF JUSTICE OF THE EU
NEWS BRIEFS