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The Issue of Liability for Expenditure of Public Funds From the Perspective of State Aid Regulation (Zagadnienie odpowiedzialnosci za wydatkowanie funduszy publicznych z perspektywy regulacji pomocy panstwa)

Author

Listed:
  • Piotr Podsiadlo

    (Cracow University of Economics)

Abstract

From the economic point of view relating to State interventionism, it ought to be noted that State aid can be a justified action mainly because of social prosperity if the free competition market mechanism does not bring satisfactory results. The major criterion for providing State aid should be rationality, which is the highest determinant of the admissibility of using aid measures. The aim of the article is to analyse the conditions of admissibility of State aid in the European Union, taking into account the rules applicable to the obligation to notify and authorize State aid. Article 108 TFEU contains rules on the procedural aspects of State aid control and thus complements the substantive rules contained in Article 107 TFEU. Until the Treaty of Lisbon, Article 108 TFEU had never been amended. The procedure of State aid control constitutes a special procedure that deviates from the general procedures of monitoring the compliance with the European Union law.

Suggested Citation

  • Piotr Podsiadlo, 2019. "The Issue of Liability for Expenditure of Public Funds From the Perspective of State Aid Regulation (Zagadnienie odpowiedzialnosci za wydatkowanie funduszy publicznych z perspektywy regulacji pomocy p," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 17(83), pages 119-136.
  • Handle: RePEc:sgm:pzwzuw:v:17:i:83:y:2019:p:119-136
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    More about this item

    Keywords

    State aid; European Union; competition policy; notification and authorization procedure; recovery and repayment procedure;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law

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