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T. Obradovic Mazal

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Author: T. Obradovic MazalYear: 2015clear all
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NEW RULES FOR RESCUING AND RESTRUCTURING STATE AID - SHARING BURDEN OF PRESENT TO SHARE GAINS OF FUTURE

(STEF92 Technology, 2015, T. Obradovic Mazal, E. Culinovic Herc)

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State aid for rescue and restructuring of companies in difficulty causes a significant distortion of market competition. Financed by taxpayers'money and in a sensitive era of EU economy getting back at its feet, state aid to companies facing difficulties called for additional ex ante control and filters to be applied. Thus, the European Commission introduced new Guidelines looking into more strict assessments of cases where rescue or restructuring aid is awarded. In addition, the burden must be shared between the ...

SOCIAL SCIENCES: Section Law2015
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