Abstract
The present Community guidelines on state aid for rescuing and restructuring firms in difficulty, a type of aid that is widely regarded as particularly distortive to the single market, will expire on 9 October 2004. The Commission has already identified a number of issues which it regards as problematic. This article draws attention to a number of further issues which also require clarification.
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References
XXVIIIth Report on Competition Policy, 1998 p. 91. See also European Commission: State Aid Scoreboard, COM(2003) 636 final, 29/10/2003.
They are applicable to all sectors except motor vehicles, air transport and shipbuilding (OJ 1999 C 288/2). These guidelines revised the original version of 1994 (OJ 1994 C 368/12).
State Aid Scoreboard, op. cit., COM(2003) 636 final, 29/10/2003, p. 18.
See, in this respect, P. Anestis, S. Mavroghenis, S. Drakakakis: Rescue and Restructuring Aid — A Brief Assessment of the Principal Provisions of the Guidelines, in: European State Aid Law Quarterly, Vol. 3, No. 1, 2004, p. 27 ff.; E. Valle, K. van de Casteele: Revision of the Rescue and Restructuring Guidelines: A Crackdown?, in: European State Aid Law Quarterly, Vol. 3, No. 1, 2004, p. 9 ff.; P. Nicolaides, M. Kekelekis: An Assessment of EC State Aid Policy on Rescue and Restructuring of Companies in Difficulty, forthcoming in European State Aid Law Quarterly, 2004.
See, for example, D. Harbord, G. Yarrow: State Aids, Restructuring and Privatisation, in: European Economy, 1999, No. 3, pp. 89–130; L.-H. Röller, C. von Hirschhausen: State Aid, Restructuring and Privatisation in the New GermanLänder, in: European Economy, 1999, No. 3, pp. 132–160; L.-H. Röller, C. von Hirschhausen: State Aid, Industrial Restructuring and Privatisation in the New GermanLänder: Competition Policy with Case Studies of the Shipbuilding and Synthetic Fibres Industries, Discussion Paper 13, July 1996, Social Science Research Centre Berlin.
See European Commission, DG Enterprise: Report on SMEs (2002), accessed at: http://europa.eu.int/comm/enterprise/enterprise_policy/analysis/doc/execsum_2002_en.pdf.
Commission Regulation (EC) No. 70/2001 of 12 January 2001 on the application of Articles 87 and 88 of the EC Treaty to, State aid to small and medium-sized enterprises, OJ 2001 L 10/33.
Case C-730/79,Philip Morris v Commission, ECCR 1980 2671, paras. 16–17.
State Aid Scoreboard, op. cit., COM(2003) 636 final, 29/10/2003., p. 15–16.
See also the criteria in D. Harbord, G. Yarrow, op. cit., State Aids, Restructuring and Privatisation, in: European Economy, 1999, No. 3, pp. 89–130; and L.-H. Röller, C. von Hirschhausen, op. cit., State Aid, Restructuring and Privatisation in the New GermanLänder, in: European Economy, 1999, No. 3, pp. 132–160
See, for example, Case C-320/91,Paul Corbeau, 1993 ECRI-02533; Case C-393/92,Municipality of Almelo and Others v NV Energiebedrijf Ijsslmij, 1994 ECR I-01477; Case C-158/94,Commission v Italy, 1997 ECR I-05789.
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Nicolaides, P., Kekelekis, M. An economic analysis of EC guidelines on state aid for the rescue and restructuring of companies in difficulty. Intereconomics 39, 204–212 (2004). https://doi.org/10.1007/BF03032111
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DOI: https://doi.org/10.1007/BF03032111