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Europe Daily Bulletin No. 8869

19 January 2005
Contents Publication in full By article 10 / 28
GENERAL NEWS / (eu) eu/court of first instance
European Commission's State aid decision against Crédit Mutuel (France) is annulled

Luxembourg, 18/01/2005 (Agence Europe) - The EU's Court of First Instance has annulled the decision taken by the European Commission on 15 January 2002 as it considers that the French mutualist bank, the Crédit Mutuel, had received illegal State aid for the management of one of its products, the “Livret bleu”. European judges point out that the Commission's decision is not sufficiently motivated, as it has not identified the measures that it describes as State aid. As a result, they...

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