28First of all, those privileges, due in particular to the exemption from fees provided for by that law, are capable of depriving the treasury of the Member State of certain sources of liquidity and, therefore, to reduce the latter’s budget. Next, such an exemption could reduce the burden normally imposed on the budget of a bank, thereby conferring on it an economic advantage over its competitors. The file submitted to the Court does not disclose whether other banks benefit from such an exemption, which would indicate that that measure is selective. Finally, it cannot be ruled out that that exemption, in connection with the other privileges granted by Law 4332/1929, has the effect of strengthening ATE’s position in relation to competing banks active in intra-European trade and that it makes it more difficult to penetrate the market of the Member State for banks established in other Member States.
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