The New State aid Banking Communication: The Beginning of the Bail-In Era Will Ensure a Level Playing Field of Enhanced Burden-Sharing journal article Max Lienemeyer, Clemens Kerle, Helena Malikova European State Aid Law Quarterly, Volume 13 (2014), Issue 2, Page 277 - 288 I. Introduction The purpose of this article is to discuss the enhanced burden-sharing rules in theCommission’s newBanking Communication (“NBC”)1 of 10 July 2013. The NBC constitutes the latest amendment of the State aid framework for bank restructuring, which is based on six specific “Crisis Communications”.2 It replaces the first of these Communications, the Banking Communication, and thereby indicates a major change in the Commission approach to ban
The European Commission’s Phasing-Out Process for Exceptional Crisis-related Measures journal article Max Lienemeyer, Laurent Le Mouël European State Aid Law Quarterly, Volume 10 (2011), Issue 1, Page 41 - 48 I. Introduction The financial and economic crisis currently faced by industrialised countries is the most important since the Second World War. To address challenges raised by the crisis, governments in these countries have put in place exceptional measures to support their financial sector, maintain banks lending to the real economy, and mitigate the impact of the financial crisis on their economies. In the EU, these exceptional emergency measures co
Judgment By Formula: Regulatory Form and the Differentiation of Fiscal Measures and Non-Fiscal Measures in EU State Aid Law Christopher McMahon