Brussels, 03/09/2015 (Agence Europe) - Italy may, by reference to an EU regulation not in force at the time, apply compound interest to the recovery, demanded by the European Commission in 2002, of state aid granted in the 1990s to the companies ASM Brescia and AEM (which have since merged to become A2A) in the form of company tax exemptions.
In a ruling delivered on Thursday 3 September (case C-89/14), the Court of Justice of the EU, to which questions had been referred by the Italian...