2011/747/: Commission Decision of 24 May 2011 on State aid C 88/97 implemented by... (32011D0747)
2011/747/: Commission Decision of 24 May 2011 on State aid C 88/97 implemented by France in favour of Crédit Mutuel (notified under document C(2011) 3436) Text with EEA relevance
- COMMISSION DECISION
- of 24 May 2011
- on State aid C 88/97 implemented by France in favour of Crédit Mutuel
- (notified under document C(2011) 3436)
- (Only the French text is authentic)
- (Text with EEA relevance)
- (2011/747/EU)
- 1.
- PROCEDURE
- 2.
- DESCRIPTION OF THE
- LIVRET BLEU
- SAVINGS VEHICLE
- 2.1.
- Description of Crédit Mutuel
- 2.2.
- Description of the
- Livret bleu
- 2.3.
- Reasons for initiating the procedure/extending the procedure
- 3.
- THE COMPLAINANTS’ ARGUMENTS
- 4.
- COMMENTS FROM THIRD PARTIES
- 5.
- CRÉDIT MUTUEL’S COMMENTS
- 6.
- COMMENTS BY FRANCE
- 7.
- ASSESSMENT
- 7.1.
- Existence of aid
- 7.1.1.
- The conditions of the Altmark judgment are not met
- 7.1.2.
- The conditions relating to the existence of aid are met
- 7.1.2.1.
- Imputability to the State and state resources
- 7.1.2.2.
- Selectivity
- 7.1.2.3.
- The conditions of the Altmark judgment being inapplicable, examination as to the existence of an advantage distorting competition
- 7.1.2.4.
- Effect on trade between Member States
- 7.1.2.5.
- Unlawfulness of the aid measure
- 7.2.
- Compatibility of the aid with the internal market
- 7.2.1.
- Beginning of the period considered (27 September 1991)
- 7.2.2.
- Global approach up to the end of 2005 and each year thereafter
- 7.2.3.
- Advantages taken into account
- 7.2.4.
- Calculation of a reasonable profit
- 7.2.5.
- Verification of the absence of overcompensation
- 8.
- CONCLUSION
- Article 1
- Article 2
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