Where an economic advantage derived from state sources distorts or may distort competition by favouring certain undertakings or production sectors, such advantage is deemed as a State aid and it is subject to the European regulations concerning same. In this field, the European Union has almost exclusive regulatory powers, national legal provisions being limited to […]

Contribution of MPR Partners | Maravela, Popescu & Asociații to the prestigious Doing Business in Europe 2015 guide. Copyright in the work lies with Thomson Reuters (Professional) UK Limited.