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Document 52012XC0725(02)

Authorisation for State aid pursuant to Articles 107 and 108 of the TFEU — Cases where the Commission raises no objections Text with EEA relevance

IO C 220, 25.7.2012, p. 6–8 (BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

25.7.2012   

EN

Official Journal of the European Union

C 220/6


Authorisation for State aid pursuant to Articles 107 and 108 of the TFEU

Cases where the Commission raises no objections

(Text with EEA relevance)

2012/C 220/02

Date of adoption of the decision

27.6.2012

Reference number of State Aid

SA.34056 (12/N)

Member State

United Kingdom

Region

London

Non-assisted areas

Title (and/or name of the beneficiary)

Cable car for London

Legal basis

Greater London Authority Act 1999 as amended; decision of Transport of London Finance and Policy Committee from Wednesday 30 March 2011

Type of measure

Ad hoc aid

DLRL, subsidiary of TfL

Objective

Sectoral development

Form of aid

Direct grant

Budget

 

Overall budget: GBP 44,50 million

 

Annual budget: GBP 1,24 million

Intensity

48,10 %

Duration (period)

Economic sectors

Urban and suburban passenger land transport

Name and address of the granting authority

Transport for London

10th Floor, Windsor Hse

42-50 Victoria Street

London

SW1H 0TL

UNITED KINGDOM

Other information

The authentic text(s) of the decision, from which all confidential information has been removed, can be found at:

http://ec.europa.eu/competition/elojade/isef/index.cfm

Date of adoption of the decision

27.6.2012

Reference number of State Aid

SA.34820 (12/N)

Member State

Spain

Region

Title (and/or name of the beneficiary)

Rescue measures in favour of BFA/Bankia — Spain

Legal basis

Real Decreto-ley 9/2009, de 26 de junio, sobre reestructuration bancaria y reforzamiento de los recursos propios de las entidades de crédito. El art. 7 regula los procesos de reestructuracion ordenada de entidades de crédito con intervenion des FROB. Real Decreto-ley 18/2012, de 11 de mayo, sobre saneamiento y venta de los activos inmobiliarios del sector financiero. Acuerdo de la Comisión Rectora del FROB por el que se detallan los criterios y actuaciones a los que ajustará su actuación en los procesos de reforzamiento de los recursos propios de las entidades de crédito previstos en los artículos 9 y 10 del Real Decreto-ley 9/2009, de 26 de junio, sobre reestructuración bancaria y reforzamiento de los recursos propios de las entidades de crédito.

Type of measure

Individual aid

BFA/Bankia

Objective

Remedy for a serious disturbance in the economy, Rescuing firms in difficulty

Form of aid

Budget

Overall budget: EUR 23 500 million

Intensity

Duration (period)

Economic sectors

Financial and insurance activities

Name and address of the granting authority

FROB. Fondo de Reestructuration Ordenada Bancaria

José Ortega y Gasset, 22 5°

28006 Madrid

ESPAÑA

Other information

The authentic text(s) of the decision, from which all confidential information has been removed, can be found at:

http://ec.europa.eu/competition/elojade/isef/index.cfm

Date of adoption of the decision

29.6.2012

Reference number of State Aid

SA.34897 (12/N)

Member State

Germany

Region

Title (and/or name of the beneficiary)

Zweites Finanzmarktstabilisierungsgesetz (Verlängerung der Kommissionsgenehmigung SA.34345 vom 5. März 2012)

Legal basis

Zweites Finanzmarktstabilisierungsgesetz (2. FMStG) vom 24.2.2012 (in Kraft seit 1.3.2012)

Finanzmarktstabilisierungsfondsgesetz (FMStFG)

Finanzmarktstabilisierungsfondsverordnung (FMStFV)

Type of measure

Scheme

Objective

Remedy for a serious disturbance in the economy, Rescuing firms in difficulty, Restructuring firms in difficulty

Form of aid

Provision of risk capital, Other, Guarantee — Übernahme von Risikopositionen mit Rückübertragung

Budget

 

Overall budget: EUR 480 000 million

 

Annual budget: EUR 480 000 million

Intensity

100 %

Duration (period)

1.7.2012-31.12.2012

Economic sectors

Financial and insurance activities

Name and address of the granting authority

Bundesministerium der Finanzen

Wilhelmstr. 97

10117 Berlin

DEUTSCHLAND

Other information

The authentic text(s) of the decision, from which all confidential information has been removed, can be found at:

http://ec.europa.eu/competition/elojade/isef/index.cfm


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