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Law-Now 11 May 2022 · Hungary

The General Court of the EU confirms the legality of the rescue aid to TAROM

1 min read

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On 4 May 2022, the General Court of the EU confirmed the legality of the Commission's decision approving rescue aid of 36.66 million EUR from Romania to the airline TAROM. It found that the aid was indeed aimed at avoiding the social difficulties that an interruption of TAROM's services would cause for the connectivity of Romanian regions. In its judgment, the Court of First Instance clarifies the examination of the compatibility of rescue and restructuring aid with the internal market, in particular with regard to the conditions of “contribution to an objective of common interest” and “non-recurrence” laid down in the Guidelines on State aid for rescuing and restructuring firms in difficulty other than financial institutions.

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