The article deals with the State aid to credit institutions within the new legal framework of the Bank Recovery and Resolution Directive and other relevant EU Regulations. The article considers also the Communications issued by the EU Commission and in particular the Communication 2013 which has provided a much more rigorous interpretation of the State aid rules which had been given in the aftermath of the financial crisis of 2008 a more flexible approach. The article concludes that too much discretion has been given to the EU Commission and that a legislative reform is needed.
Sostegno pubblico alle banche e aiuti di stato / Clarich, Marcello. - In: GIURISPRUDENZA COMMERCIALE. - ISSN 0390-2269. - 64:5/2017(2017), pp. 702-719.
Sostegno pubblico alle banche e aiuti di stato
CLARICH MARCELLO
2017
Abstract
The article deals with the State aid to credit institutions within the new legal framework of the Bank Recovery and Resolution Directive and other relevant EU Regulations. The article considers also the Communications issued by the EU Commission and in particular the Communication 2013 which has provided a much more rigorous interpretation of the State aid rules which had been given in the aftermath of the financial crisis of 2008 a more flexible approach. The article concludes that too much discretion has been given to the EU Commission and that a legislative reform is needed.File | Dimensione | Formato | |
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