State aid to banks
Einde inhoudsopgave
State aid to banks (IVOR nr. 109) 2018/8.2.1:8.2.1 Why is this a relevant characteristic?
State aid to banks (IVOR nr. 109) 2018/8.2.1
8.2.1 Why is this a relevant characteristic?
Documentgegevens:
mr. drs. R.E. van Lambalgen, datum 01-12-2017
- Datum
01-12-2017
- Auteur
mr. drs. R.E. van Lambalgen
- JCDI
JCDI:ADS584744:1
- Vakgebied(en)
Financieel recht / Europees financieel recht
Mededingingsrecht / EU-mededingingsrecht
Toon alle voetnoten
Voetnoten
Voetnoten
See, for instance: Anglo Irish Bank, 14 January 2009, para. 50; Anglo Irish Bank, 26 June 2009, para. 56; Bank of Ireland, 26 March 2009, para. 60; AIB, para. 75; KBC, 18 December 2008, para. 58; Alpha Bank, 27 July 2012, para. 58; KA, 31 March 2011, para. 57; SNS REAAL, 10 December 2008, para. 50; NLB, 7 March 2011, para. 51;
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In some decisions1, the systemic importance of the beneficiary bank is mentioned in the context of the appropriateness of the aid measure. The mentioning of the systemic importance of the bank makes sense: the aid measure should be appropriate, not (only) to rescue to the bank, but also to rescue the banking sector. Indeed, the appropriateness-criterion requires that the aid should achieve the objective of remedying a serious disturbance in the economy.
It should be noted that not every decision mentions this serious disturbance in the economy or the systemic importance of the bank in the compatibility- assessment. This not-mentioning is not problematic, because if the systemic importance of the bank was already established when the legal basis for the compatibility assessment was chosen, then there is no need to reiterate that the bank has systemic importance. However, the fact that some decisions mention the systemic importance of the bank in the compatibility-assessment while other decisions do not, creates a somewhat chaotic impression.