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Image header Agence Europe
Europe Daily Bulletin No. 13318
Contents Publication in full By article 23 / 36
COURT OF JUSTICE OF THE EU / Banks

Restructuring of Banca Tercas - Banca Popolare di Bari’s claim for damages dismissed

In a judgment handed down on Wednesday 20 December (Case T-415/21), the General Court of the European Union rejected Banca Popolare di Bari’s claim for compensation in respect of a European Commission decision of December 2015 which wrongly considered that the preventive support intervention by the FITD fund in favour of Banca Tercas, which Banca Popolare di Bari absorbed, constituted unlawful state aid (see EUROPE B12219A23).

The General Court pointed out that the Union must make good...

Contents

SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
Russian invasion of Ukraine
COURT OF JUSTICE OF THE EU
NEWS BRIEFS
ADDENDUM