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Unlimited Liability of State-owned Banks under the EC-Rules of State Aids

Unlimited Liability of State-owned Banks under the EC-Rules of State Aids

von Joachim Rudo und Ulrich Immenga
Softcover - 9783642958601
53,49 €
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Beschreibung

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.

Details

Verlag Springer Berlin
Ersterscheinung 16. Februar 2012
Maße 23.5 cm x 15.5 cm
Gewicht 248 Gramm
Format Softcover
ISBN-13 9783642958601
Seiten 142

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