Home Choice Loans

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Remember the complaints about the Home Choice Loans and possible infringements of state aid and that? Well the EC has responded to the complaints. Here is the response I received:

Brussels, 08/01/10*D/5031


A(2009)21897 / D(2010)1

Subject: State aid complaint CP 300/2008 – Ireland

Home Choice Loan

Dear Madam/Sir,

I am writing to you because you sent a complaint to the Commission concerning the granting of alleged state aid through the above measure.

The Commission services forwarded a sample of the complaints received to the national authorities and discussed the measure with them.

On 23 November 2009, the Irish authorities informed the Commission services and announced that the measure, previously limited to new properties, would be extended to existing properties.

Given in addition the small number of loans granted under the scheme as initially set up, this might serve to meet the concerns you previously expressed. The competent departments in the Directorate General for Competition believe that the extension of the measure meets the main grounds of the complaints it received.

In the light and on the basis of this information, the competent departments in the Directorate General for Competition do not see sufficient grounds for continuing the investigation.

Should you want to dispute the above findings or learn of any new particulars that might demonstrate the existence of an infringement of the state aid rules, I would be grateful if you would inform my services as soon as possible. If the Commission services do not hear from you within 20 working days from the date of this letter, the complaint will be deemed to be withdrawn.

Yours faithfully,


Head of Unit

Interesting response? How to proceed is the question!

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Author: Stephen

Cork born and bred, proud European and Irishman. Involved in many organisations and politics. Also writes for SpirtualityIreland.org and UCC Express.

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