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Document 52009XC0627(01)
Authorisation for State aid pursuant to Articles 87 and 88 of the EC Treaty — Cases where the Commission raises no objections (Text with EEA relevance )
Authorisation for State aid pursuant to Articles 87 and 88 of the EC Treaty — Cases where the Commission raises no objections (Text with EEA relevance )
Authorisation for State aid pursuant to Articles 87 and 88 of the EC Treaty — Cases where the Commission raises no objections (Text with EEA relevance )
SL C 147, 27.6.2009, p. 1–4
(BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
27.6.2009 |
EN |
Official Journal of the European Union |
C 147/1 |
Authorisation for State aid pursuant to Articles 87 and 88 of the EC Treaty
Cases where the Commission raises no objections
(Text with EEA relevance)
2009/C 147/01
Date of adoption of the decision |
24.11.2008 |
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Reference number of State aid |
NN 68/08 |
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Member State |
Latvia |
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Region |
— |
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Title (and/or name of the beneficiary) |
Public support measures to JSC Parex Banka |
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Legal basis |
Law on Budget and Financial Management |
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Type of measure |
Individual aid |
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Objective |
Aid to remedy serious disturbances in the economy |
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Form of aid |
Guarantee, Other forms of equity intervention, Soft loan |
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Budget |
Overall budget: LVL 945 million |
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Intensity |
100 % |
||||
Duration (period) |
11.11.2008-11.5.2009 |
||||
Economic sectors |
Financial intermediation |
||||
Name and address of the granting authority |
|
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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/community_law/state_aids/index.htm
Date of adoption of the decision |
21.4.2009 |
Reference number of State aid |
N 664/08 |
Member State |
Hungary |
Region |
— |
Title (and/or name of the beneficiary) |
Support measure for the banking industry in Hungary |
Legal basis |
Reinforcement of the Stability of the Financial Intermediary System (2008. évi CIV. törvény a pénzügyi közvetítőrendszer stabilitásának erősítéséről) |
Type of measure |
Aid scheme |
Objective |
Aid to remedy serious disturbances in the economy |
Form of aid |
Guarantee, Recapitalisation |
Budget |
Overall budget: HUF 300 billion for the recapitalisation and HUF 1 500 billion for the guarantee |
Intensity |
— |
Duration (period) |
Recapitalisation: 31 March 2009 Guarantee measure: 30 June 2009 |
Economic sectors |
Financial intermediation |
Name and address of the granting authority |
Ministry of Finance |
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/community_law/state_aids/index.htm
Date of adoption of the decision |
11.2.2009 |
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Reference number of State aid |
NN 3/09 |
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Member State |
Latvia |
||||
Region |
— |
||||
Title (and/or name of the beneficiary) |
Amendments to the Public support measures to JSC Parex Banka |
||||
Legal basis |
The Government Regulation ‘Issuing and supervision of guarantees for bank loans’, Law on Bank takeover, Parex investment agreement, Individual decision taken by the Government |
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Type of measure |
Individual aid |
||||
Objective |
Aid to remedy serious disturbances in the economy |
||||
Form of aid |
Guarantee, other forms of equity intervention, soft loan |
||||
Budget |
Overall budget: LVL 2 245 million |
||||
Intensity |
— |
||||
Duration (period) |
11.11.2008-11.5.2009 |
||||
Economic sectors |
Financial intermediation |
||||
Name and address of the granting authority |
|
||||
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/community_law/state_aids/index.htm
Date of adoption of the decision |
21.4.2009 |
|||||
Reference number of State aid |
N 232/09 |
|||||
Member State |
United Kingdom |
|||||
Region |
— |
|||||
Title (and/or name of the beneficiary) |
Assets Backed Securities Scheme |
|||||
Legal basis |
Section 228 of the Banking Act 2009 |
|||||
Type of measure |
Aid scheme |
|||||
Objective |
Aid to remedy serious disturbances in the economy |
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Form of aid |
Guarantee |
|||||
Budget |
Overall budget: EUR 50 000 million |
|||||
Intensity |
— |
|||||
Duration (period) |
until 22.11.2009 |
|||||
Economic sectors |
Financial intermediation |
|||||
Name and address of the granting authority |
|
|||||
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/community_law/state_aids/index.htm
Date of adoption of the decision |
7.5.2009 |
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Reference number of State aid |
N 244/09 |
|||||
Member State |
Germany |
|||||
Region |
— |
|||||
Title (and/or name of the beneficiary) |
Commerzbank |
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Legal basis |
Gesetz sur Errichtung eines Sonderfonds Finanzmarktstabilisierung |
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Type of measure |
Aid scheme |
|||||
Objective |
Aid to remedy serious disturbances in the economy |
|||||
Form of aid |
Direct grant |
|||||
Budget |
Overall budget: EUR 1 820 million |
|||||
Intensity |
— |
|||||
Duration (period) |
— |
|||||
Economic sectors |
Financial intermediation |
|||||
Name and address of the granting authority |
|
|||||
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/community_law/state_aids/index.htm