State Aid to Banks: A Critical Examination of the Role of the European Commission in Assessing Financial Support Measures

In times of crisis, state aid is a commonly used instrument to rescue banks from collapsing. But how does the European Commission evaluate such support measures? And how do we ensure that the principle of equality is not compromised in the process? This English edition provides a critical analysis of the EC's role in the execution of state aid.

Addressing the Reality of State Aid during Times of Crisis

The reality for numerous European banks during the financial crisis was either state aid or bankruptcy. The rescue of Italian banks in the summer of 2017 highlighted that financial rescue operations are still very much prevalent today. In this context, the European Commission plays a crucial supervisory role, approving hundreds of support measures during times of crisis. "State Aid to Banks" sheds light on the procedural aspects of the EC's assessment of state aid. How does this process unfold? When does it potentially conflict with the principle of equality? And how can it be objectively evaluated?

A Comprehensive Framework for Understanding State Aid Issues

This English edition offers a comprehensive framework for addressing the complex issues surrounding state aid. It serves as a valuable source of information for governments, banks, and the European Commission, providing insights into the multidisciplinary aspects of state aid, both from an economic and legal perspective. Its unique approach makes it a one-of-a-kind publication.

Analyzing the Evaluation Process and its Compliance with Equality Principles

Lack of clarity surrounds the evaluation process of the European Commission regarding state aid measures, particularly in terms of its compatibility with the principle of equality. This publication systematically analyzes the background of state aid, the control mechanisms in place, the role of the Crisis Communication department within the EC, relevant case law from the European Court of Justice, and the impact of the banking union. Furthermore, it explores different approaches to objectively assess measures in accordance with the principle of equality.

With its critical examination of the EC's role in assessing state aid and its insightful analysis of the legal and economic aspects, this publication offers a valuable resource for anyone involved in the field of state aid – governments, banks, and the European Commission alike.