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Document 52025AS116229

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.116229

C/2024/8749

OJ C, C/2025/1168, 18.2.2025, ELI: http://data.europa.eu/eli/C/2025/1168/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)

ELI: http://data.europa.eu/eli/C/2025/1168/oj

European flag

Official Journal
of the European Union

EN

C series

C/2025/1168

18.2.2025

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.116229

(Text with EEA relevance)

(C/2025/1168)

Date of adoption of the decision

13.12.2024

Aid number

SA.116229

Member State

Greece

Region

 

Title (title and/or name of the beneficiary)

Prolongation of the re-introduction of the Hercules Scheme

Legal basis

Law 4649/2019 (A 206) Hercules Law Law 5072/2023 (A 198) amending Hercules LawLaw 4818/2021 (A 124) amending Hercules LawLaw 3156/2003 (A 157) - Securitization lawLaw 4549/2018 (A 105) - State guarantees

Type of measure

Scheme

 

Objective

Remedy for a serious disturbance in the economy

Form of aid

Guarantee

Budget

Overall budget: 1 000 000 000 EUR

Intensity

Measure does not constitute aid

Duration

Until 30.06.2025

Economic sectors

Financial service activities, except insurance and pension funding

Name and address of the granting authority

Ministry of Economy and Finance General Secretariat for Financial Sector and Private Debt Management

8, Karageorgi Servias str., 105 62 Athens, Greece

Other information

 

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/2025/1168/oj

ISSN 1977-091X (electronic edition)

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