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Europe Daily Bulletin No. 9091

17 December 2005
Contents Publication in full By article 32 / 38
GENERAL NEWS / (eu) eu/court of justice
Confirmation of Commission's decision ruling aid to Italian banking sector incompatible with Common Market rules

Luxembourg, 16/12/2005 (Agence Europe) - The European Court of Justice has confirmed the decision of the Commission on the incompatibility of aid in favour of the Italian banking sector with the common market rules, because this aid may affect trade between the Member States and thus distort competition, according to a press release. In its decision on 11 December 2001, the Commission took the view that the Italian legislation had brought in a regime of aid which was incompatible with the...

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THE DAY IN POLITICS
GENERAL NEWS