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

7123 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

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
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
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!


Fri 02/12
European Commission - Upcoming events The news: The European Commission is presenting its fourth Recommendation on the specific measures that Greece needs to take to have a well-functioning asylum system and fully implement the EU asylum standards that apply to all member States.
Fri 02/12
European Commission - Upcoming events The news: The Commission will present an Action Plan to enhance the overall security of travel documents to combat the increasingly significant phenomenon of travel document fraud. The growing trend in this type of fraud has been highlighted by the recent terrorist attacks in Europe.
Fri 02/12
European Commission - Upcoming events The news: From 5 to 9 December, the 'Vocational Education and Training' (VET) Skills Week will take place in Brussels and all over Europe, under the motto 'Discover Your Talent'. It will be a week full of EU-level events taking place in Brussels, and over...
Fri 02/12
European Commission - Upcoming events The news: On 8 December 2016, the Commission will host the second EU Internet Forum bringing together the Commission – with the participation of Commissioners Dimitris Avramopoulos and Julian King - Member States, EUROPOL, the Radicalisation Awareness Network (RAN) and Internet companies.
Fri 02/12
European Commission - Upcoming events The news: The European Commission is presenting its eighth progress report on the EU's emergency relocation and resettlement schemes, providing an updated state of play and assessing the actions taken since 9 November.
Fri 02/12
European Commission - Upcoming events The news: The European Commission is presenting the fourth Report on the progress made in the implementation of the EU-Turkey Statement, summarising the progress made in the implementation of the Statement since it took effect on 20 March and developments having taken place since the...
Wed 23/11
European Commission - Upcoming events The news: On Thursday 8 December 2016, the European Commission will 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.
Tue 29/11
European Commission - Upcoming events The news: On 7 December 2016, the Commission will present its Youth Initiative. The Youth Initiative reflects the European Union's determination to cater well for its young generation and will set out new actions to step up support of young people by broadening opportunities.
Fri 02/12
European Commission - Commissioners' weekly activities Brussels, 2 December 2016 (Susceptible de modifications en cours de semaine) Déplacements et visites   Lundi 5 décembre President Jean-Claude Juncker receives Mr Filippo Grandi, United Nations High Commissioner for Refugees.
Fri 02/12
European Commission - Press release Brussels, 2 December 2016 A study released by the European Commission today shows that green bonds have enjoyed extraordinary growth, since they were first issued in 2007. The study on the potential and functioning of green bond markets also identifies key bottlenecks and measures to...


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


Credit © European Union, 2016