- Volume 3 (2004), Issue 3
- Vol. 3 (2004), No. 3
- >
- Page 7
- p. 7
Calculating Public Service Compensation
I. Introduction Not all the financial means made available by a national Treasury to a particular undertaking constitute “aid” within the scope of Article 87(1) EC. The grant of “State resources” only constitutes “aid” if the circumstances of the transactions at issue do not reflect normal market conditions. Commission decisions and the jurisprudence of the European Courts have established that the State’s participation in transactions resembling “nor