State aid Statement of reasons member countries Loans at reduced rates intended to make it possible to become established in certain non Effect on trade between Member States and distortion of competition
Sumário
Judgment of the Court of First Instance (Second Chamber) of 6 September 2006.
Italian Republic (T-304/04) and Wam SpA (T-316/04) v Commission of the European Communities.
State aid - Loans at reduced rates intended to make it possible to become established in certain non-member countries - Effect on trade between Member States and distortion of competition - Statement of reasons.
Joined cases T-304/04 and T-316/04.
Texto da decisão
Judgment of the Court of First Instance (Second Chamber) of 6 September 2006 – Italy and Wam v Commission
(Joined Cases T-304/04 and T-316/04)
State aid – Loans at reduced rates intended to make it possible to become established in certain non-member countries – Effect on trade between Member States and distortion of competition – Statement of reasons
State aid – Commission decision finding aid to be incompatible with the common market (Arts 87(1) EC and 253 EC) (see paras 60-78)
Re:
| APPLICATION for annulment of Commission Decision 2006/177/EC of 19 May 2004 on State aid No C 4/2003 (ex NN 102/2002) implemented by Italy for WAM SpA (OJ 2006 L 63, p. 11). |
Operative part
The Court:
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Annuls Commission Decision 2006/177/EC of 19 May 2004 on State aid No C 4/2003 (ex NN 102/2002) implemented by Italy for WAM SpA (OJ 2006 L 63, p. 11); |
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Dismisses the actions as to the remainder; |
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Orders the Commission to bear its own costs and to pay those incurred, in Case T-304/04, by the Italian Republic and, in Case T-316/04, by Wam, including those relating to the interim proceedings. |