Brussels, 17/12/2015 (Agence Europe) - Thanks to an “ingenious legal arrangement”, France has saved the nation-wide courier company Sernam from having to repay state aid totalling €642 million. This is despite the ruling of the General Court of the EU which has just, on Thursday 17 December, ordered that money to be recovered (case T-242/12).
The legal saga of state aid granted by France to Sernam, a former subsidiary of French national railways (SNCF), a specialist in delivery and...