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Document 52023AS109365
Authorisation for State aid pursuant to Articles 107 and 108 of the Treaty on the Functioning of the European Union – Cases where the Commission raises no objections – SA.109365Text with EEA relevance.
Authorisation for State aid pursuant to Articles 107 and 108 of the Treaty on the Functioning of the European Union – Cases where the Commission raises no objections – SA.109365Text with EEA relevance.
Authorisation for State aid pursuant to Articles 107 and 108 of the Treaty on the Functioning of the European Union – Cases where the Commission raises no objections – SA.109365Text with EEA relevance.
C/2023/8034
OJ C, C/2023/1649, 28.12.2023, ELI: http://data.europa.eu/eli/C/2023/1649/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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Official Journal |
EN Series C |
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C/2023/1649 |
28.12.2023 |
Authorisation for State aid pursuant to Articles 107 and 108 of the Treaty on the Functioning of the European Union
Cases where the Commission raises no objections
SA.109365
(Text with EEA relevance)
(C/2023/1649)
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Date of adoption of the decision |
28.11.2023 |
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Aid number |
SA.109365 |
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Member State |
Greece |
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Region |
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Title (title and/or name of the beneficiary) |
Re-introduction of the Hercules Scheme |
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Legal basis |
Law 4649/2019 (A 206) Hercules Law Law 4818/2021 (A 124) amending Hercules LawLaw 3156/2003 (A 157) — Securitization lawLaw 4549/2018 (A 105) — State guarantees |
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Type of measure |
Scheme |
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Objective |
Remedy for a serious disturbance in the economy |
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Form of aid |
Guarantee |
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Budget |
Overall budget: 2 000 000 000 EUR |
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Intensity |
Measure does not constitute aid |
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Duration |
Until 31.12.2024 |
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Economic sectors |
Financial service activities, except insurance and pension funding |
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Name and address of the granting authority |
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Other information |
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The authentic text(s) of the decision, from which all confidential information has been removed, can be found at:
https://competition-cases.ec.europa.eu/search?caseInstrument=SA
ELI: http://data.europa.eu/eli/C/2023/1649/oj
ISSN 1977-091X (electronic edition)