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Document E2021C0218(02)

State aid – Decision to raise no objections 2021/C 58/07

OJ C 58, 18.2.2021, p. 51–51 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

18.2.2021   

EN

Official Journal of the European Union

C 58/51


State aid – Decision to raise no objections

(2021/C 58/07)

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

Date of adoption of the decision

12 November 2020

Case No

85837

Decision No

132/20/COL

EFTA State

Norway

Region

Whole territory of Norway

Title

COVID-19 - Portfolio guarantee on trade credit insurance

Legal basis

Parliamentary resolution (‘Stortingsvedtak’) on an amendment to the National Budget 2020: ‘Prop. 1 S Tillegg 1 (2020-2021) Endring av Prop. 1 S (2021-2021) Statsbudsjettet 2021’ (yet to be adopted)

Type of measure

Scheme

Objective

Ensure a functioning trade credit insurance market in the face of the COVID-19 pandemic

Form of aid

Guarantees

Budget

NOK 19.820 billion in guarantees

Duration

Until 30 June 2021

Economic sectors

Trade credit insurance

Name and address of the granting authority

GIEK

Postboks 1763 Vika

N-0122 Oslo

NORWAY

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/decisions/


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