STATE AID IN COUNTRIES OF THE EUROPEAN UNION AS A FORM OF MARKET INTERVENTION
STATE AID IN COUNTRIES OF THE EUROPEAN UNION AS A FORM OF MARKET INTERVENTION
Author(s): Edin RizvanovićSubject(s): Law, Constitution, Jurisprudence, EU-Legislation
Published by: Удружење за европско право - Центар за право Европске уније
Keywords: state aid; public funds; state interventionism; Common Market; horizontal aid; regional aid; incompatibility; trade; illegal aid; aid forms; market; competition
Summary/Abstract: In this treatise, the Author attempts to bring the importance of state interventions back into limelight. He does so at a time when the European Union is trying to pressure the authorities in Bosnia and Herzegovina to provide necessary legal normatives for this issue, which is of high importance for any state. The Author focuses on the state’s approach to solving economic and social issues, emphasizing the significance of establishing and honouring principles and standards in awarding aid, in monitoring realisation, its potential incompatibility with the Common Market and the possibility of returning the (unlawfully) received aid. These are public funds, collected from taxpayers, which are distributed in the redistribution process to certain enterprises, regions and sectors. Relative indicators in awarding aid, based on national income, are the standards to follow.
Journal: Revija za evropsko pravo
- Issue Year: 9/2007
- Issue No: 2-3
- Page Range: 5-19
- Page Count: 15
- Language: English