CELEX: 62008TJ0384
Language: en
Date: 2011-11-10
Title: Judgment of the General Court (Seventh Chamber) of 10 November 2011. # Elliniki Nafpigokataskevastiki AE Chartofylakeiou, Howaldtswerke-Deutsche Werft GmbH and ThyssenKrupp Marine Systems AG v European Commission. # State aid - Shipbuilding - Aid granted by the Greek authorities in the form of an indemnification guarantee - Decision declaring the aid incompatible with the common market - Concept of State aid - Imputability to the State - State resources - Private investor test. # Case T-384/08.

Judgment of the General Court (Seventh Chamber) of 10 November 2011 – Elliniki Nafpigokataskevastiki and Others v Commission
      (Case T-384/08)
      State aid – Shipbuilding – Aid granted by the Greek authorities in the form of an indemnification guarantee – Decision declaring aid incompatible with the common market – Concept of State aid – Imputability to the State – State resources – Private investor test
      1.                     State aid – Concept – Aid granted by a public undertaking – State-controlled undertaking – Whether aid measure automatically
            attributable to the State – Not automatically attributable – Series of indicators to be taken into consideration (Art. 87(1)
            EC) (see paras 50-54, 63-69)
      2.                     State aid – Concept – Guarantee given by the State – Included – State resources not immediately and certainly mobilised –
            Not relevant (Art. 87(1) EC) (see paras 89-90)
      Re:
      
         
               APPLICATION for annulment of Article 16 of Commission Decision 2009/610/EC of 2 July 2008 on the measures C 16/04 (ex NN 29/04,
                  CP 71/02 and CP 133/05) implemented by Greece in favour of Hellenic Shipyards SA (OJ 2009 L 225, p. 104).
               
            Operative part 
      The Court:
      
         
                  1.
               
               
                  
               
               
                  	Dismisses the action;
               
            
         
                  2.
               
               
                  
               
               
                  	Orders Elliniki Nafpigokataskevastiki AE Chartofylakeiou, Howaldtswerke-Deutsche Werft GmbH and ThyssenKrupp Marine Systems
                     AG to bear their own costs and to pay those incurred by the European Commission and by Trapeza Peiraios AE.