State Aid

State Aid

State aid has become a central concern of the European Commission and this has coincided with a more economic approach to the assessment. In particular, state aid cases took on a new dimension in the wake of the 2008 financial crisis, as the unprecedented severity of the crisis resulted in significant amounts of State support being granted to financial institutions and other companies.

CRA has helped various companies and governmental departments to assess whether the aid in question is state aid, and if it is, whether this aid is compatible with the state aid rules.

We have advised on the terms of some of the most high-profile government interventions, such as the restructuring of the Irish banking sector.