Case C‑472/15 P - Sace/Sace BT vs. European Commission

The Commission welcomes the judgment by the Court of Justice, which fully dismisses an appeal by SACE and SACE BT against a June 2015 judgment of the General Court concerning aid granted to SACE BT. The General Court’s judgment upheld a 2013 Commission decision finding that aid was granted to SACE BT and ordering the recovery of around €78 million. The Court of Justice confirmed the Commission's assessment that the support provided by SACE to its subsidiary SACE BT does not correspond to the behaviour of a market economy investor and was imputable to the State.