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… EC. 4 Case C- 482/99, French Republic v Commission, 2002 ECR I-4397, at para. 38 (hereinafter “French Republic v Commission”). 5 Rodger, MacCulloch, Competition Law and Policy in the EC and UK, Taylor & Francis (2008), p. 345. 6 Nikolaides, Kekelekis, Buyskes, State Aid Policy in the European Community: A Guide for Practitioners, Kluwer Law International (2005), p. 12. 7 Rodger, MacCulloch, Competition Law and Policy in the EC and the UK, Taylor & Francis, (2008), p. 346. 8 Nicolaides, Essays on Law … Aid in the transport sector, retrieved from www.eipa.nl on 28.05.2012. 14 Case C-387/92, Banco Exterior de España v. Ayuntamiento de Valencia, 15 March 1994. 15 Case C-6/97, Italy v Commission, [1999] ECR, I-2981,Para.15. 16 Nikolaides, Kekelekis, Buyskes, State Aid Policy in the European Community: A Guide for Practitioners, Kluwer Law International (2005), p. 19. http://arno.unimaas.nl/show.cgi?fid=13483 http://www.eipa.nl/ 6 would not survive without public money constitutes state aid, … directly to Olympic Airways and it confers an advantage on the company that is not conferred on its competitors. It thus distorts competition. Having reached the result that Olympic Airways did in fact receive State Aid, the Commission proceeded to checking whether the Aid provided could fall under one of the exceptions listed in art. 107 TFEU. None of the exceptions of art. 107 (2) TFEU apply since the aid does not have a social character, it is not granted to individual consumers, there was no …