Press Release: State aid: Commission takes Greece to Court for failure to recover illegal tax exemptions

The European Commission decided on 24 February 2010 to refer Greece to the Court of Justice of the European Union on the basis of Article 108(2) of the Treaty on the Functioning of the European Union (TFEU) for failing to comply with a Commission decision of July 2007. The 2007 decision ordered Greece to recover state aid unlawfully granted to hundreds of companies through illegal tax exemptions. To date, Greece has not recovered the aid from the beneficiaries.