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Document E2011C0623(02)

No State aid within the meaning of Article 61 of the EEA Agreement

OJ C 182, 23.6.2011, p. 11–11 (BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

23.6.2011   

EN

Official Journal of the European Union

C 182/11


No State aid within the meaning of Article 61 of the EEA Agreement

2011/C 182/08

The EFTA Surveillance Authority raises no objections to the following State aid measure:

Date of adoption of the decision

:

16 March 2011

Case number

:

69464

Decision number

:

69/11/COL

EFTA State

:

Iceland

Title (and/or name of the beneficiary)

:

Rescue aid to the Icelandic Housing Financing Fund (Íbúðalánasjódur)

Legal basis

:

Supplementary Budget Act 2010

Objective

:

Remedy a serious disturbance in the Icelandic economy

Form of aid

:

Equity increase

Budget

:

ISK 33 billion

Economic sectors

:

Financial institutions

Other information

:

Temporary approval subject to submission of restructuring plan by 30 September 2011

The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s website:

http://www.eftasurv.int/state-aid/state-aid-register/


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