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General Court confirms that government statements of support do not constitute State aid

  • Nabarro LLP
  • -
  • European Union, France
  • -
  • June 7 2010

On 21 May 2010, the General Court annulled a decision of the European Commission which had earlier concluded that certain statements, made by the French Minister of the Economy in 2002 indicating that the Government was considering making a shareholder loan to France Telecom (FT), constituted illegal State aid