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Image header Agence Europe
Europe Daily Bulletin No. 12887
Contents Publication in full By article 20 / 29
BREACHES OF EU LAW / State aid

UK referred to Court over UK judgment allowing enforcement of arbitral award granting illegal State aid

The European Commission decided on Wednesday 9 February to refer the United Kingdom to the Court of Justice of the European Union over a judgment of its Supreme Court of 19 February 2020 allowing the enforcement of an arbitration award ordering Romania to pay compensation to investors, despite a Commission decision finding that the compensation violated EU State aid rules.

In December 2013, an arbitration tribunal, constituted under the International Centre for Settlement of Investment...

Contents

SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
BREACHES OF EU LAW
NEWS BRIEFS