Navigation path

Login   |   Register

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR









Press conference by Joaquín Almunia on tax benefits granted by Spain to certain EIG and their investors

7 123 views

On 17 July 2013, Joaquín Almunia, Vice-President of the EC in charge of Competition, held a press conference on the Commission's call for recovery of tax benefits granted by Spain to certain Economic Interest Groupings (EIG) and their investors. After an in-depth investigation, the European Commission concluded that a Spanish scheme for the purchase of ships involving leasing and financing through tax relief is partly incompatible with EU rules on State aid. This scheme, which was set up in 2002, conferred a selective advantage on economic interest groupings and their investors over their competitors. The Commission was not notified of the scheme for the purpose of prior authorisation as required. Under European rules, the beneficiaries must now repay the aid to the Spanish State. In accordance with the principle of legal certainty, the Commission will not require the repayment of aid granted between the start of the scheme in 2002 and April 2007, when the Commission publicly declared a similar French scheme incompatible.

Type: Complete press conference   Reference: I-080822   Date: 17/07/2013   Duration: 28:44 Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL,
© European Union, 2013   /   Source: Producer: EC - Audiovisual Service   /   Producer: Executive producer: ALL TV
To download, please log in







Related videos

07:37  Decision on the Spanish Tax Lease:- press conference by  Joaquín ALMUNIA, Vice-President of the EC in charge of Competition
Decision on the Spanish Tax Lease:- press conference by Joaquín ALMUNIA, ...
Ref: I-080843
Date: 17/07/2013
28:44 Press conference by Joaquín Almunia on tax benefits granted by Spain to certain EIG and their investors
Press conference by Joaquín Almunia on tax benefits granted by Spain to certain ...
Ref: I-080822
Date: 17/07/2013
03:42 Extracts from the press conference by Joaquín Almunia on tax benefits granted by Spain to certain EIG and their investors
Extracts from the press conference by Joaquín Almunia on tax benefits granted by ...
Ref: I-080823
Date: 17/07/2013

Related photos

Press conference by Joaquín Almunia, Vice-President of the EC, on tax benefits granted by Spain to certain EIG and their investors
Press conference by Joaquín Almunia, Vice-President of the EC, on tax benefits ...
Ref: 023778
Date: 17/07/2013


You don't find what you are looking for? Ask us!


Thu 23/11
European Commission - Upcoming events The news: On Thursday, 7 October 2017, the European Commission is currently planning to adopt its monthly infringements package. These decisions seek to enforce EU law across Europe so that citizens and businesses can benefit fully from the internal market.
Thu 23/11
European Commission - Press release Brussels, 23 November 2017 The European Commission has defined concrete areas of investments for its External Investment Plan. The new plan will mobilise €44 billion of sustainable investment for Africa and the EU Neighbourhood countries.
Thu 23/11
European Commission - Press release Brussels, 23 November 2017 Today the European Commission has revealed ambitious new plans to strengthen Europe's ability to deal with natural disasters. The proposal is a central part of President Juncker's agenda of a Europe that protects.
Thu 23/11
European - Press release Commission Brussels, 23 November 2017 Commission diagnoses the state of health in the EU Only by rethinking our health systems can we ensure that they remain fit-for-purpose and provide patient-centred care.
Thu 23/11
European Commission - Fact Sheet Brussels, 23 November 2017 The European Commission has tabled a set of proposals to strengthen the EU's civil protection response and boost Europe's ability to better deal with natural disasters.
Thu 23/11
European Commission - Fact Sheet Brussels, 23 November 2017 Why do we need an External Investment Plan? Some of the main challenges for developing countries remain achieving inclusive and sustainable growth and creating jobs.
Thu 23/11
European Commission - Daily News Daily News 23 / 11 / 2017 Brussels, 23 November 2017 rescEU: a new European system to tackle natural disasters Today the European Commission has revealed ambitious new plans to strengthen Europe's ability to deal with natural disasters.
Wed 22/11
European Commission - Press release Brussels, 22 November 2017 The European Commission has fined Tokai Rika, Takata, Autoliv, Toyoda Gosei and Marutaka a total of € 34 million for breaching EU antitrust rules. The companies took part in one or more of four cartels for the supply of car seatbelts,...
Wed 22/11
European Commission - Press release Brussels, 22 November 2017 The European Commission is steadily moving towards meeting the target set by President Jean-Claude Juncker of ensuring that, by the end of the current mandate, at least 40% of its middle and senior managers are women.
Wed 22/11
Commission - Press release European Brussels, 22 November 2017 Commission sets out EU's economic and social priorities for the year ahead, gives policy recommendation for the euro area and completes the assessment of euro area Member States' Draft Budgetary Plans.


Go to rss page Go to EU Tube page Go to twitter page Go to facebook page Go to contact page


Credit © European Union, 2017