| Author (Corporate) | European Court of Justice: Press and Information Division |
|---|---|
| Series Title | Press Release |
| Series Details | No.8, 2016 (28.01.16) |
| Publication Date | 28/01/2016 |
| Content Type | News |
|
The General Court confirms that the guarantee granted by Austria to BayernLB in the context of its restructuring concerning BayernLB’s credit lines in favour of Hypo Group Alpe Adria constitutes State aid which is nevertheless compatible with EU law. It therefore rejects the action brought by Austria against the decisions of the Commission. |
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| Source Link | Link to Main Source http://curia.europa.eu/jcms/upload/docs/application/pdf/2016-01/cp160008en.pdf |
| Subject Categories | Internal Markets, Law |
| Countries / Regions | Austria, Europe, Germany |
