102In that regard, it must be noted that the General Court found that the Commission had not incorrectly established the existence of such an advantage, correctly ruling, at paragraphs 106 and 108 of the judgment under appeal, that such a guarantee ‘is, as a rule, liable to confer an advantage’, as it is granted without something in return and enables its recipient to obtain more favourable credit terms than what it would have obtained on its own merits alone, thereby easing the pressure on its budget.
Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.