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Document 52024AS58504

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.58504

C/2020/8653

OJ C, C/2024/6806, 13.11.2024, ELI: http://data.europa.eu/eli/C/2024/6806/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/2024/6806/oj

European flag

Official Journal
of the European Union

EN

C series

C/2024/6806

13.11.2024

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.58504

(Text with EEA relevance)

(C/2024/6806)

Date of adoption of the decision

1.12.2020

Aid number

SA.58504

Member State

Germany

Region

 

Title (title and/or name of the beneficiary)

Covid 19: Federal Scheme on Recapitalisation Measures

Legal basis

Regelung zur vorübergehenden Gewährung von Rekapitalisierungen und nachrangigem Fremdkapital im Geltungsbereich der Bundesrepublik Deutschland im Zusammenhang mit dem Ausbruch von COVID-19

Type of measure

Scheme

 

Objective

Remedy for a serious disturbance in the economy

Form of aid

Equity instruments, Hybrid capital instruments (convertible bonds), Subordinated debt

Budget

Overall budget: 3 350 000 000 EUR

Annual budget: 0 EUR

Intensity

 

Duration

Until 30.9.2021

Economic sectors

All economic sectors eligible to receive aid

Name and address of the granting authority

Bundesministerium für Wirtschaft und Energie

Scharnhorststraße 34-37, D-10115 Berlin

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/2024/6806/oj

ISSN 1977-091X (electronic edition)

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