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Document E2021C0617(05)
State aid – Decision to raise no objections 2021/C 234/08
State aid – Decision to raise no objections 2021/C 234/08
State aid – Decision to raise no objections 2021/C 234/08
IO C 234, 17.6.2021, p. 9–9
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
- Date of document:
- 17/06/2021; Dáta foilsithe
- Author:
- Údarás Faireacháin CSTE
- Form:
- Fógraí
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- Link
- Link
- Select all documents mentioning this document
- Link
- Related document(s):
-
- E2023C0413(01) Relation
- EUROVOC descriptor:
- Subject matter:
- Directory code:
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17.6.2021 |
EN |
Official Journal of the European Union |
C 234/9 |
State aid – Decision to raise no objections
(2021/C 234/08)
The EFTA Surveillance Authority raises no objections to the following state aid measure:
|
Date of adoption of the decision |
26 March 2021 |
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Case No |
86598 |
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Decision No |
023/21/COL |
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|
EFTA State |
Iceland |
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Title |
Aid to Farice ehf. for investment in a third submarine cable |
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Legal basis |
Parliamentary resolution No 31/149 approving the Government’s Telecommunications Policy, and parliamentary approval of the state budget to finance the project with public funds |
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Type of measure |
Individual aid |
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Objective |
To enhance security and reduce vulnerability of international connectivity to and from Iceland, as well as shortening the digital distance between Iceland and Europe |
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Form of aid |
Share capital increase |
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Budget |
Estimated EUR 50 million |
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Intensity |
100 % |
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Economic sectors |
International connectivity services |
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Name and address of the granting authority |
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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/
