- Volume 9 (2010), Issue 1
- Vol. 9 (2010), No. 1
- >
- Pages 105 - 117
- pp. 105 - 117
Commission v Greece – The End of the Olympic Airways Saga?
With its judgment in Case C-369/07 Commission v Greece of 7 July 20091, the ECJ imposed both a lump sum and a penalty payment on Greece due to its failure to fulfil its obligations pursuant to Article 228(2) EC (now Article 260(2) TFEU). This has been the first State aid-related case in which the ECJ has imposed financial penalties on a Member State. In this respect, the Court indicated that, due to the “vital nature of the Treaty rules of State aid”, a