Overview

The applicability of EC law of state aids to the state's unlimited liability for Savings Banks and Landesbanken is controversial. Legal and political discussions following the Maastricht-II-Treaty tend to assume that liabilities have to be qualified as state aids. However, as the liabilities in question derive from public ownership, they have to be distinguished from securities for corporate debts which might be qualified as state aids under EC law. In this context the book discusses state aids to public companies and the private investor test of the EC Court of Justice. The authors question the EC Commission's concept to quantify refinancing advantages which are supposed to be achieved by virtue of public liability.

Full Product Details

Author:   Ulrich Immenga ,  Joachim Rudo
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint:   Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Weight:   0.355kg
ISBN:  

9783540643142

ISBN 10:   3540643141
Pages:   154
Publication Date:   05 May 1998
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   Out of stock  
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