Brussels, 07/04/2014 (Agence Europe) - On 3 April (ruling C-559/12 P), the Court of Justice of the EU upheld the judgment of the General Court of September 2012 (see EUROPE 10693) that the implied unlimited guarantee granted by the French state to La Poste, as a public establishment, constitutes state aid which is incompatible with the single market.
Following an appeal by France against this verdict, it ruled that there was a presumption that the granting of a guarantee of this kind...