4 ms·
There’s a huge corpus of jurisprudence on this in the EU, where such funding is illegal: https://en.wikipedia.org/wiki/State_aid_(European_Union) https://en.wi
by Brakenshire 8y ago
There’s a huge corpus of jurisprudence on this in the EU, where such funding is illegal:
https://en.wikipedia.org/wiki/State_aid_(European_Union) https://en.wikipedia.org/wiki/State_aid_(European_Union)
- twelvechairs 8y agoDoesnt stop them giving land for free and supporting infrastructure though. Which can be a huge part of the cost. Aalianz Arena (munich) is a good example
- Brakenshire 8y agoIt’s not a terrible thing to improve transport infrastructure for a part of the city. Similarly I was reading that the council local to Tottenham’s new stadium are improving public squares around the area, but they’re spending only £30m relative to a stadium cost of £850m. And it is public squares which are being improved. Governments can usually spend to improve general resources around a project, but not contribute to the project itself. With the idea of preventing market distortion from subsidy and a race to the bottom between different states. I’m surprised they can give land for free, I’d have thought that would fall foul of the legislation.