Brussels, 18/12/2015 (Agence Europe) - The Spanish tax lease system (RELF), which allows shipping companies to buy ships from Spanish ship-builders at a reduced cost, does not confer selective economic advantages on economic interest groups (IEG) and certain investors. It is therefore not unlawful state aid under Internal Market rules on a level playing field for competition, as opposed to what the European Commission ruled in a decision in July 2013 (2014/200/EU).
In this ruling, issued on...