FrancophonIA/DGT-Translation_Memory huggingface dataset:
English: After the restructuring period HSH will keep six branches or representations in London, Hong Kong, New York, Singapore, Luxembourg and Athens.
Finnish: Rakenneuudistuksen jälkeen HSH:lla on kuusi toimipaikkaa tai edustustoa, jotka sijaitsevat Lontoossa, Hongkongissa, New Yorkissa, Singaporessa, Luxemburgissa ja Ateenassa.
Greek: Μετά την αναδιάρθρωση, η HSH θα διατηρήσει έξι υποκαταστήματα ή γραφεία εκπροσώπησης στο Λονδίνο, το Χονγκ Κονγκ, τη Νέα Υόρκη, τη Σιγκαπούρη, το Λουξεμβούργο και την Αθήνα.
Czech: Po restrukturalizaci si HSH ponechá šest poboček či zastoupení v Londýně, Hongkongu, New Yorku, Singapuru, Lucemburku a Aténách,
Slovenian: Po obdobju prestrukturiranja bo banka HSH obdržala šest podružnic oziroma predstavništev v Londonu, Hongkongu, New Yorku, Singapurju, Luksemburgu in Atenah.
Romanian: După perioada de restructurare, HSH va păstra șase sucursale sau agenții la Londra, Hong Kong, New York, Singapore, Luxemburg și Atena.
Latvian: Pēc pārstrukturēšanas HSH saglabās sešas filiāles vai pārstāvniecības – Londonā, Honkongā, Ņujorkā, Singapūrā, Luksemburgā un Atēnās.
Maltese: Wara l-perjodu ta’ ristrutturar, HSH se żżomm is-sitt fergħat jew uffiċċji tar-rappreżentanza li għandha f’Londra, f’Ħong Kong, fi New York, f’Singapor, fil-Lussemburgu u f’Ateni.
English: Germany considered that the Commission should determine the aid element of the second-loss guarantee according to the general state aid rules and in particular the Commission Notice on the application of Article 87 and 88 of the EC Treaty to state aid in the form of guarantees [32] (hereinafter the ‘Guarantees Notice’). According to Germany, in so far as it was recognised that the remuneration for the risk shield was market-oriented, applying the Guarantees Notice would lead to a marginal aid element.
Greek: Η Γερμανία θεωρεί ότι η Επιτροπή θα πρέπει να προσδιορίσει το στοιχείο ενίσχυσης της εγγύησης δευτερεύουσας ζημίας σύμφωνα με τους γενικούς κανόνες για τις κρατικές ενισχύσεις και, ειδικότερα, την ανακοίνωση της Επιτροπής σχετικά με την εφαρμογή των άρθρων 87 και 88 της Συνθήκης ΕΚ στις κρατικές ενισχύσεις με τη μορφή εγγυήσεων [32] (στο εξής «ανακοίνωση για τις εγγυήσεις») Σύμφωνα με τη Γερμανία, η εφαρμογή της ανακοίνωσης για τις εγγυήσεις θα οδηγούσε στον υπολογισμό μικρότερου στοιχείου ενίσχυσης, εφόσον η αμοιβή για τα μέτρα θωράκισης αναγνωρισθεί ως το κανονικό αντίτιμο της αγοράς.
Maltese: Il-Ġermanja qieset li l-Kummissjoni għandha tiddetermina l-element ta’ għajnuna tal-garanzija fuq it-tieni telf skont ir-regoli ġenerali dwar l-għajnuna mill-Istat u b’mod partikolari skont l-Avviż tal-Kummissjoni dwar l-applikazzjoni tal-Artikoli 87 u 88 tat-Trattat dwar il-KE għall-għajnuna mill-Istat fil-forma ta’ garanziji [32] (minn issa ‘l quddiem “l-Avviż dwar il-Garanziji”). Skont il-Ġermanja, sa fejn kien rikonoxxut li r-remunerazzjoni għall-irpar mir-riskju kienet ibbażata fuq is-suq, l-applikazzjoni tal-Avviż dwar il-Garanziji se tirriżulta f’element ta’ għajnuna marġinali.
English: An adequate remuneration for an impaired asset measure is one that would remunerate the regulatory capital impact of the measure. Thus the capital relief effect should be adequately remunerated.
Greek: Μια αμοιβή για μέτρο αρωγής κρίνεται κατάλληλη εάν αντισταθμίζει τις επιπτώσεις του μέτρου όσον αφορά το ίδιο κεφάλαιο που προβλέπεται από τις ρυθμιστικές διατάξεις Αυτό σημαίνει, ότι η κατάλληλη αμοιβή για την κεφαλαιακή διευκόλυνση πρέπει να είναι εξασφαλισμένη.
English: Those figures compare to [around 7] % and [around 9] % levels in the initial plan for the same ratios. They are more in line with the newly emerging capital standards for banks.
Greek: Τα ποσοστά αυτά μπορούν να αντιδιασταλούν προς αυτά που προέβλεπε το αρχικό σχέδιο αναδιάρθρωσης, δηλαδή [περίπου 7] % και [περίπου 9] % αντιστοίχως, και ανταποκρίνονται περισσότερο προς τα νέα κεφαλαιακά πρότυπα για τις τράπεζες.
Hungarian: Ezek a számok állnak szemben az eredeti szerkezetátalakítási tervben előirányzott [körülbelül 7] %-os, illetve [körülbelül 9] %-os hányadosokkal, amelyek inkább a bankokra előírt új tőkeszabályoknak felelnek meg.
Romanian: Aceste cifre sunt comparabile cu nivelurile de [aproximativ 7]% și, respectiv, [aproximativ 9]% ale ratelor prevăzute în planul inițial și se apropie mai mult de noile cerințe ale standardelor în curs de apariție privind capitalul băncilor.
Lithuanian: Palyginti su pirminiame restruktūrizavimo plane numatytais atitinkamai [maždaug 7] % ir [maždaug 9] %, šios kvotos labiau atitinka naujas bankams taikomas kapitalo normas.
English: HSH will not expand business activities through the acquisition of other firms. Landesbank mergers remain possible, subject to the Commission’s approval.
Swedish: Precis som tidigare är det möjligt med sammanslagningar inom ramen för en eventuell konsolidering av delstatsbanker, under förutsättning att kommissionen ger sitt förhandsgodkännande.
Finnish: Sulautumat mahdollisen Landesbank-pankkien fuusioitumisen puitteissa ovat edelleen mahdollisia, jos komissio antaa niihin etukäteen luvan.
Greek: Συμπράξεις στο πλαίσιο ενδεχόμενης ενοποίησης κεντρικών τραπεζών ομόσπονδων κρατιδίων (Landesbank) θα μπορούν να πραγματοποιηθούν και στο μέλλον, υπό την επιφύλαξη πρότερης άδειας της Επιτροπής.
Hungarian: Az esetleges tartományi banki konszolidáció keretében megvalósuló összefonódásokra továbbra is van lehetőség, ha a Bizottság ezeket előzetesen engedélyezi.
English: The aid in the form of a EUR 3 billion recapitalisation, a EUR 10 billion guarantee granted by Germany to HSH in the form of a risk shield and the liquidity guarantees granted by Germany are compatible with the internal market, in light of the commitments set out in Annexes I and III and subject to compliance with the conditions set out in in Annex II. Article 2
Portuguese: A recapitalização no montante de 3 mil milhões de euros, a garantia concedida pela Alemanha sob a forma de uma proteção contra riscos ao HSH AG no valor de 10 mil milhões de euros e as garantias de liquidez concedidas pela Alemanha constituem auxílios estatais na aceção do artigo 107.o, n.o 1, do Tratado sobre o Funcionamento da União Europeia.
Greek: Δεδομένων των δεσμεύσεων που περιλαμβάνονται στα παραρτήματα I και ΙΙΙ και με την επιφύλαξη της τήρησης των όρων που προβλέπονται στο παράρτημα II, η ενίσχυση με τη μορφή ανακεφαλαιοποίησης ύψους 3 δισεκατ. ευρώ την οποία χορήγησε η Γερμανία υπέρ της HSH AG με τη μορφή θωράκισης έναντι κινδύνου ύψους 10 εκατ. ευρώ, και οι εγγυήσεις ρευστότητας που παρείχε η Γερμανία είναι συμβιβάσιμες με την εσωτερική αγορά.
English: Cyclical activities are activities whose performance is closely linked to the economic cycle. Volatile activities are activities which show large differences in performance from one period to another.
Greek: Κυκλικές είναι οι δραστηριότητες των οποίων η απόδοση είναι στενά συνδεδεμένη με τον συγκυριακό κύκλο, ενώ ασταθείς είναι οι δραστηριότητες οι οποίες χαρακτηρίζονται από ευρείες διακυμάνσεις της απόδοσής τους από μια χρονική περίοδο σε άλλη.
English: DOLANA Grundstücksverwaltungsgesellschaft mbH & Co. Objekt Sehnde KG
Greek: DOLANA Grundstόcksverwaltungsgesellschaft mbH & Co. Objekt Sehnde KG
English: An additional EUR 62 million was taken over by the private shareholders. With effect from 31 December 2010, these silent partnerships were converted into ordinary shares.
Spanish: Los accionistas privados se hicieron cargo de otros 62 millones EUR. El 31 de diciembre 2010 esta aportación pasiva se convirtió en acciones ordinarias.
Polish: Akcjonariusze prywatni przejęli dodatkowe 62 mln EUR. Wspomniane ciche udziały zostały zamienione na akcje zwykłe ze skutkiem od dnia 31 grudnia 2010 r..
Slovenian: Zasebni delničarji so prevzeli dodatnih 62 milijonov EUR. Z učinkom od 31. decembra 2010 so bila ta tiha družbeništva pretvorjena v navadne delnice.
Romanian: În mod suplimentar, acționarii privați au preluat 62 de milioane EUR. Începând de la 31 decembrie 2010, aceste contribuții tacite au fost convertite în acțiuni ordinare.
English: Additionally, HSH had applied for SoFFin guarantees covering new issuances of debt up to an amount of EUR 30 billion. SoFFin approved the issuance of a first tranche of EUR 10 billion at the beginning of December 2008.
Spanish: Además, HSH había solicitado garantías de liquidez al SoFFin para cubrir la emisión de nuevos títulos de deuda hasta un total de 30000 millones EUR. A principios de diciembre de 2008 el SoFFin aprobó la emisión de un primer tramo de 10000 millones EUR. Las garantías se autorizaron en el marco del paquete de salvamento alemán [25].
Slovenian: Poleg tega je banka HSH zaprosila za jamstva sklada SoFFin, ki krijejo nove izdaje dolga v višini do 30 milijard EUR. Sklad SoFFin je izdajo prve tranše v višini 10 milijard EUR odobril v začetku decembra 2008.
Romanian: În plus, HSH a solicitat garanții de la SoFFin pentru acoperirea emisiunii de noi titluri de creanțe până la o valoare de 30 de miliarde EUR. SoFFin a aprobat emiterea unei prime tranșe de 10 miliarde EUR, la începutul lunii decembrie 2008.
English: The guarantees were approved within the framework of the German rescue scheme [25]. The remaining EUR 20 billion were to be activated after the submission of a restructuring plan.
Spanish: Los restantes 20000 millones EUR deberían liberarse tras la presentación de un plan de reestructuración.
Portuguese: As garantias foram aprovadas no âmbito do pacote de resgate alemão [25] Os restantes 20 mil milhões de euros seriam disponibilizados após a apresentação de um plano de reestruturação.
English: At the same time HSH’s total assets will decrease by EUR [25-35] billion. The difference between total assets and total liabilities (adjusted for the effect of derivatives) represents a gap in the funding plan which has to be covered by short-term unsecured and secured funding as well as an excess of deposits and equity.
Spanish: Al mismo tiempo, los activos totales de HSH se reducirán en [25-35] mil millones EUR. La diferencia entre el total de activos y el total de obligaciones (reajustada respecto al efecto de los derivados) constituye un déficit en el plan de financiación que debe ser cubierto con medios financieros garantizados y sin garantizar a corto plazo así como un excedente de depósitos y fondos propios.
Italian: Contemporaneamente le attività totali di HSH si ridurranno di [25-35] miliardi di EUR. La differenza tra le attività totali e l’importo totale delle passività (depurato dagli effetti dei derivati) comporta un deficit nel piano di finanziamento che deve essere coperto con mezzi finanziari a breve termine garantiti e non garantiti e mediante un’eccedenza di conferimenti e risorse proprie.
Slovenian: Hkrati se bodo skupna sredstva banke HSH zmanjšala za [25–35] milijard EUR. Razlika med skupnimi sredstvi in skupnimi obveznostmi (prilagojena za učinek izvedenih finančnih instrumentov) predstavlja primanjkljaj v načrtu financiranja, ki ga je treba pokriti s kratkoročnim nezavarovanim in zavarovanim financiranjem, pa tudi presežki vlog in kapitalom.
Romanian: În același timp, activele totale ale HSH vor scădea cu [25-35] miliarde EUR. Diferența dintre activele totale și pasivele totale (ajustată la efectele instrumentelor derivate) reprezintă un deficit în planul de finanțare care trebuie acoperită prin finanțări negarantate și garantate pe termen scurt, precum și prin suplimentarea depozitelor și a capitalului propriu.
Lithuanian: Tuo pat metu bendras HSH turtas sumažės [25–35] mlrd. EUR. Dėl bendro turto ir bendrų įsipareigojimų skirtumo (pakoreguoto pagal išvestinių finansinių priemonių poveikį) finansavimo plane atsiranda spraga, kuri turi būti užpildyta trumpalaikėmis užtikrintomis ir neužtikrintomis lėšomis bei pertekliniais indėliais ir nuosavomis lėšomis.
English: Over the year 2010, the saving banks provided EUR [2,5-3,5] billion of long-term unsecured funding for HSH and EUR [200-500] million of long-term secured funding. That total amount of EUR [2,7-4] billion compares to EUR [150-250] million of total funding provided by other Landesbanks and EUR [1-2] billion provided by other financial institutions (private and public other than saving banks and Landesbanks).
Spanish: En el año 2010 las cajas de ahorros aportaron [2,5-3,5] mil millones EUR de la financiación a largo plazo no garantizada de HSH y [200-500] millones EUR de la financiación a largo plazo garantizada, es decir, en total [2,7-4] mil millones EUR. Frente a estos importes, otros bancos regionales aportaron en total [150-250] millones EUR y otras instituciones financieras (privadas y públicas sin cajas de ahorros ni bancos regionales), [1-2] mil millones EUR.
Polish: W 2010 r. kasy oszczędnościowe zapewniły HSH długoterminowe finansowanie zabezpieczone w wysokości [2,5–3,5] mld EUR oraz długoterminowe finansowanie niezabezpieczone w wysokości [200–500] mld EUR. Całkowitą kwotę [2,7–4] mld EUR należy porównać z kwotą [150–250] mld EUR całkowitego finansowania udzielonego przez inne banki krajów związkowych oraz z kwotą [1–2] mld EUR od innych instytucji finansowych (prywatnych i publicznych, innych niż kasy oszczędnościowe i banki krajów związkowych).
Romanian: În cursul anului 2010, casele de economii au acordat finanțări negarantate pe termen lung în valoare de [2,5-3,5] miliarde EUR pentru HSH, precum și finanțări garantate pe termen lung în valoare de [200-500] milioane EUR. Suma totală de [2,7-4] miliarde EUR este comparabilă cu finanțările totale de [150-250] de milioane EUR acordate de alte bănci regionale și de [1-2] miliarde EUR acordate de alte instituții financiare (private și publice, altele decât casele de economii și băncile regionale).
Lithuanian: 2010 m. taupomieji bankai suteikė [2,5–3,5] mlrd. EUR ilgalaikio neužtikrinto HSH finansavimo ir [200–500] mln. EUR ilgalaikio užtikrinto finansavimo, t. y. iš viso [2,7–4] mlrd. EUR; kiti žemės bankai suteikė iš viso [150–250] mln. EUR, o kitos finansų įstaigos (privačios ir valstybinės finansų įstaigos, išskyrus taupomuosius bankus ir žemės bankus) – [1–2] mlrd. EUR;
English: The valuation of HSH for determining the price of the newly issued shares was conducted under the assumption that the risk shield of EUR 10 billion would be implemented. That assumption must have significantly influenced the result of the valuation.
Spanish: La valoración de HSH para establecer el precio de las acciones recién emitidas se efectuó en la suposición de que se aplicaría la cobertura de riesgo por un valor de 10000 millones EUR. Esta hipótesis influyó decisivamente en el resultado de la valoración.
Italian: La valutazione di HSH ai fini della determinazione del prezzo delle azioni di nuova emissione è stata compiuta sulla base del presupposto che sarebbe stata concessa la garanzia di rischio per 10 miliardi di EUR. Questa presunzione ha influito notevolmente sul risultato della valutazione.
Polish: Wycenę HSH na potrzeby określenia ceny nowo emitowanych akcji przeprowadzono przy założeniu wdrożenia zabezpieczenia przed ryzykiem o wartości 10 mld EUR. Założenie to z pewnością miało istotny wpływ na wynik wyceny.
Hungarian: Az újonnan kibocsátott részvények árának meghatározásához szükséges értékelés azon feltevés alapján készült, miszerint a 10 milliárd EUR nagyságú kockázati fedezetet igénybe veszik, és ez a feltevés jelentősen befolyásolta az értékelés eredményét.
Slovenian: Vrednotenje banke HSH zaradi določanja cene novo izdanih delnic je bilo izvedeno ob predpostavki, da bo vzpostavljena zaščita pred tveganjem v višini 10 milijard EUR. Ta predpostavka je zagotovo precej vplivala na rezultat vrednotenja.
Romanian: Evaluarea HSH pentru stabilirea prețului acțiunilor nou emise a fost efectuată pe baza ipotezei că se va pune în aplicare garanția de risc de 10 miliarde EUR. Această ipoteză a influențat, probabil, în mod semnificativ, rezultatul evaluării.
English: The savings bank associations provide services to the savings banks in Schleswig-Holstein and hold participations/shareholdings for the savings banks, as is the case with the savings bank’s shares in HSH Nordbank. If the participations of the savings banks in the associations increase in value, the value of the savings banks also increases.
Spanish: Las Federaciones de Cajas de Ahorros prestan servicios a las cajas de ahorros de Schleswig-Holstein y poseen participaciones/acciones de las cajas de ahorros, como es el caso de las acciones de cajas de ahorros en HSH Si se incrementa el valor de las participaciones de las cajas de ahorros en las federaciones, también se incrementa el valor de las cajas de ahorros.
English: The C stand-alone rating (for Moody’s ‘Bank Financial Strength Rating’, or ‘BFSR’) [19] reflected the rating agencies’ view that HSH possessed adequate financial strength with a limited but valuable business franchise. According to Moody’s BFSR methodology, banks rated at C display either acceptable financial fundamentals within a predictable and stable environment or good financial fundamentals within a less predictable and stable operating environment.
Finnish: Stand-alone-luokituksessa (Moody’sin Bank Financial Strength Rating, BFSR-luokitus) [19] C näkyy luottoluokituslaitosten näkemys, että HSH:n vakavaraisuus on asianmukainen ja että sillä on hyvä liiketoimintamalli. Moody’sin BFSR-menetelmän mukaan C-luokituksen saaneiden pankkien taloudellista tilaa koskevat perusluvut ovat hyväksyttävät toimintaympäristön ollessa ennustettava ja vakaa tai niiden taloudellista tilaa koskevat perusluvut ovat hyvät toimintaympäristön ollessa vähemmän ennustettava ja vakaa.
English: The Commission has in fact considered Gewährträgerhaftung to be state aid. It has called for the abolition of Gewährträgerhaftung by Germany.
French: La Commission a effectivement considéré la Gewährträgerhaftung comme une aide d’État et a exigé que l’Allemagne abroge ce dispositif.
Italian: La Commissione ha ritenuto che la Gewährträgerhaftung integrasse, di fatto, un aiuto di Stato e ha preteso che la Germania la abolisse.
Swedish: Kommissionen har funnit att den statliga ansvarsgarantin i praktiken utgör statligt stöd och har krävt att Tyskland ska avskaffa den statliga ansvarsgarantin.
Finnish: Komissio onkin todennut Gewährträgerhaftung-takausvelvollisuuden olevan itse asiassa valtiontukea ja pyytänyt Saksaa poistamaan takausvelvollisuuden.
Slovak: Komisia považovala povinnosť ručenia zriaďovateľa v skutočnosti za štátnu pomoc a žiadala od Nemecka, aby ju zrušilo.
Polish: Komisja faktycznie uznała Gewährträgerhaftung za pomoc państwa i wezwała Niemcy do zniesienia tej gwarancji.
Hungarian: A Bizottság a garancianyújtói felelősséget valóban állami támogatásnak minősítette, és Németországtól annak megszüntetését kérte.
Romanian: Comisia a considerat că, în realitate, Gewährträgerhaftung constituie ajutor de stat și a solicitat Germaniei să o anuleze.
English: For the reasons set out in recitals 223 to 226 and further explained in recitals 229 to 232 below, the Commission considers that achieving a level of capitalisation sufficient to buffer variations in the financial performance of HSH resulting from swings in the economic cycle is crucial in order not to compromise its return to viability. Such a sufficient buffer is considered to be a common equity ratio of 10 %.
Finnish: Kuten 223–226 kappaleessa ja tarkemmin vielä 229–232 kappaleessa esitetään, komissio katsoo, että HSH:n on välttämätöntä saada pääomaa niin paljon, että se muodostaa puskurin, jolla se voi vastata suhdanteista johtuviin taloudellisen tuloksensa heilahteluihin niin, että sen elinkelpoisuuden palautuminen ei missään vaiheessa vaarannu.
English: The downsizing of HSH’s balance sheet will lead to a very substantial diminution of capital market operations. Capital market operations will be reduced to reach EUR [25-35] billion in assets in the core bank by 2014.
Portuguese: A redução do total do balanço levará a uma diminuição significativa das atividades de mercado de capital do HSH, que, até 2014, serão reduzidas para um volume de [25-35] mil milhões de euros de ativos no core bank.
Finnish: Taseen loppusumman pienentäminen vähentää huomattavasti HSH:n pääomamarkkinatoimintoja, jotka supistetaan vuoteen 2014 mennessä [25–35] miljardiin euroon ydinpankin varoista.
English: The core bank moreover will continue to be jointly and severally liable for the remuneration of the guarantee on the portfolio of the restructuring unit. That liability of the core bank may be cancelled at the initiative of the public-sector owners.
Finnish: Lisäksi ydinpankki on edelleen yhteisvastuullisesti velvollinen maksamaan korvauksen rakenneuudistusyksikön salkun takauksesta Tämä velvollisuus voidaan poistaa ydinpankilta julkisten omistajien aloitteesta.
English: Finally it has received a relatively high amount of aid (see below): in particular, the risk shield covers around 75 % of its balance sheet. Taking into account the effect of the measure, the position of HSH in the banking sector and in shipping financing in particular, and the aid amount, the advantage granted to HSH was liable to affect trade between Member States.
French: Enfin, HSH a reçu une aide relativement élevée (voir considérant (159)] et la garantie générale couvre environ 75 % de son bilan. Compte tenu des effets de la mesure, de la position de HSH dans le secteur bancaire (notamment sur le marché du financement de navires) et du montant de l’aide, le danger existait de voir l’avantage octroyé à cette banque affecter les échanges entre les États membres.
English: The payments of the additional premium would only exceed HSH’s expected net profit for the period 2012-2014 only in the scenario involving a EUR 10 billion drawing (see recital 90 above). The Commission further notes that HSH has already cancelled EUR 3 billion of the guarantee, which implies that the third scenario set out in Table 4 above (drawing of the entire EUR 10 billion of the guarantee) can be ruled out.
French: Par conséquent, les paiements de la prime complémentaire ne dépasseraient le bénéfice net de HSH attendu pour la période 2012-2014 que dans le scénario 3, qui prévoit un recours aux 10 milliards d’euros de la garantie (voir le considérant 90]. De plus, la Commission observe que HSH a déjà renoncé à 3 milliards de la garantie, de sorte que la réalisation du troisième scénario du tableau 4 (recours à la totalité des 10 milliards d’euros de la garantie) peut être exclue.