The ongoing financial crisis has brought about a revolutionary change in the European Commission’s treatment of State Aid. Financial sector “bail outs” by national governments have, seemingly, been approved in decisions made overnight.But now, as the crisis tightens its grip on more and more industry sectors across the “real” economy and public funds are stretched to unprecedented lengths, insiders are debating whether this flexible approach will – or can – continue. In the meantime, aid seekers struggle to keep abreast of constantly evolving standards on conceptual aspects of State Aid and its interaction with other areas of law and industry regulation, as well as the availability and justifiability of State Aid and, consequently, the risks of recovery and challenge by competitors. Thus, it is vitally important that companies across sectors, financial institutions and even their most experienced advisors are up to date on what the authorities expect today – yesterday’s knowledge simply isn’t enough.C5’s EU State Aid Summit is a must for State Aid recipients, potential beneficiaries, their competitors and their legal, financial and other advisors. This event brings together an unparalleled panel of speakers, including State Aid decision-makers from the European Commission and member states across the EU.
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