FrancophonIA/DGT-Translation_Memory huggingface dataset:
English: Secured assets were agreed as collateral. These assets were also subject to varying degrees of retention of title (Eigentumsvorbehalt) by the winegrowing enterprises and merchants (Weinbaugetriebe und Kommissionäre) in the form of simple, extended or prolonged retention of title.
Italian: A titolo di garanzia reale sono stati concordati beni garantiti, soggetti a vari gradi di riserva di proprietà (Eigentumsvorbehalt) da parte dei viticoltori e commercianti di vini (Weinbaugetriebe und Kommissionäre), sotto forma di riserva di proprietà semplice, estesa o prolungata.
English: On 11 November 1999 the winegrowing enterprises and merchants received a down payment of 80 % of the purchase price. A down payment of EUR 0,31 per litre was paid on average.
Italian: L’11 novembre 1999, viticoltori e commercianti di vini hanno ricevuto un acconto pari all’80 % del prezzo d’acquisto, in media un acconto di 0,31 EUR al litro.
English: 1700 out of the 2700 winegrowing enterprises and merchants declared their willingness to waive 90 % of their remaining claims, corresponding to around 60 % of the outstanding claims of the group as a whole. However, the remaining winegrowing enterprises and merchants either specifically refused the offer or did not answer the request.
Italian: 1700 dei 2700 viticoltori e commercianti di vini si sono dichiarati disponibili a rinunciare al 90 % dei crediti residui, corrispondenti a circa il 60 % dei crediti in essere del gruppo nel suo complesso.
English: In addition, a number of the winegrowing enterprises and merchants had handed in complaints against GfW and these complaints had been treated by the court who proposed settlements agreements. According to the settlement agreements GfW should pay 70 % of the remaining claims and 30 % should be waived.
Italian: Inoltre, alcuni viticoltori e commercianti di vini avevano presentato denuncia contro la GfW presso il tribunale, che ha proposto degli accordi di transazione, ai sensi dei quali la GfW era tenuta a pagare il 70 % dei crediti residui a fronte della rinuncia al restante 30 %.
English: As there was no such risk premium added to the interest rate an aid element was present at the time of granting of the loan. This aid element can be calculated as the difference between the interest rate charged and the market interest rate plus the risk premium which should have been charged.
Italian: L’assenza di un premio di rischio in aggiunta al tasso di interesse configura un elemento di aiuto al momento della concessione del credito, che si può calcolare come la differenza tra il tasso di interesse applicato e il tasso di interesse di mercato maggiorato del premio di rischio che avrebbe dovuto essere applicato.
English: The full quote for November 1999 is a market price for table wine between EUR 0,26 and EUR 0,56 per litre. In addition, this was the full spread for entire 1999. For 2000 the spread lay between EUR 0,20 and EUR 0,41 per litre.
Italian: Nel novembre 1999 la quotazione completa del prezzo di mercato per il vino da tavola andava da 0,26 a 0,56 EUR al litro, ed è stato così per l’intero 1999, mentre nel 2000 la quotazione è variata tra 0,20 e 0,41 EUR al litro.
English: Despite a successful start to the negotiations with a majority of the winegrowing enterprises and merchants agreeing to waive their claims, GfW eventually failed due to concerted actions by some of the winegrowing enterprises and merchants and their lawyers. They were not willing to waive their claims because of their preferential security position as a result of their extended or prolonged retention of title and filled complaints.
Italian: Malgrado l’avvio positivo dei negoziati, con la maggioranza dei viticoltori e commercianti di vini disposti a rinunciare ai propri crediti, alla fine la GfW non è riuscita nel suo intento a causa di un’azione concertata di alcuni viticoltori e commercianti, sostenuti dai rispettivi legali, che non essendo disposti a rinunciare ai propri crediti, in considerazione della posizione di garanzia privilegiata di cui godevano in virtù della riserva di proprietà estesa o prolungata, hanno presentato denuncia.
English: If WAK had not subordinated and waived its claims and interest payments GfW would have had to apply for insolvency and GfW would have been wound up. WAK’s claims would have had to be met from the sale of GfW’s stocks.
Italian: se la WAK non avesse subordinato i propri crediti e rinunciato ai crediti e al pagamento degli interessi, la GfW avrebbe dovuto chiedere la procedura di insolvenza e sarebbe entrata in liquidazione.
Polish: jeżeli WAK nie podporządkowałby wierzytelności i nie odstąpiłby od przysługujących mu roszczeń i spłat odsetek, spółka GfW byłaby zmuszona do ogłoszenia niewypłacalności i w konsekwencji zostałaby rozwiązana; wierzytelności WAK musiałyby zostać uregulowane w wyniku sprzedaży zapasów spółki GfW,
English: It is also pointed out that if insolvency proceedings had been opened the repayments on the loan of EUR 1440476,92 made by GfW to WAK in the period 1 November to 31 December 2000 could have been contested by GfW under the insolvency rules. This would have led to WAK being obliged to repay these funds.
Italian: si rileva inoltre che, in caso di apertura della procedura di insolvenza, il rimborso alla WAK del prestito di 1440476,92 EUR effettuato dalla GfW nel periodo 1 novembre - 31 dicembre 2000 avrebbe potuto essere contestato dalla GfW ai sensi delle norme sull’insolvenza, con il risultato di obbligare la WAK a rimborsare tali fondi.
English: This assessment has to be done using the private creditor test. The private creditor test assesses whether, under the same market conditions, a private creditor would have acted or has acted in the same way as the public creditor.
Italian: Questa valutazione si deve effettuare ricorrendo al test del creditore privato, che valuta se alle medesime condizioni di mercato un creditore privato avrebbe o ha agito come il creditore pubblico.
English: However, according to the European Commission, the German insolvency law states that only the debt to those winegrowing enterprises and merchants with prolonged retention of title would have had to be settled before the debts of WAK. The other debts would be on an equal standing with the debt of WAK.
Italian: Tuttavia, secondo la Commissione europea, la legge tedesca sull’insolvenza stabilisce che solo il debito nei confronti di viticoltori e commercianti con una riserva di proprietà prolungata avrebbe dovuto essere saldato prima dei debiti nei confronti della WAK, mentre tutti gli altri debiti sarebbero stati nella medesima condizione.
English: In the opening of procedures, the price paid by GfW for the must bought was said to be above the market price. As market price the price for table wine was used and the price quoted as reference price was EUR 0,26 per litre.
Italian: Nell’apertura del procedimento, si è affermato che il prezzo pagato dalla GfW per il mosto fosse superiore al prezzo di mercato, utilizzando come prezzo di mercato di riferimento il prezzo del vino da tavola di 0,26 EUR al litro.
English: Pursuant to this information, on the market of raw wine for sparkling wine, the basic price paid for one litre of must of 60 degrees Oechsle was EUR 0,312 per litre. For each additional degree Oechsle (up to a maximum of 80 degrees Oechsle) EUR 0,005 per litre was paid.
Italian: Secondo queste informazioni, sul mercato del vino grezzo per spumante il prezzo base pagato per un litro di mosto di 60 gradi Oechsle era 0,312 EUR al litro, maggiorato di 0,005 EUR al litro per ciascun grado Oechsle aggiuntivo (fino a un massimo di 80 gradi Oechsle).
Portuguese: Segundo essas informações, o preço básico pago no mercado do vinho de base destinado à elaboração de vinhos espumantes, por um litro de mosto de 60° Oechsle, era de 0,312 EUR. Eram pagos 0,005 EUR suplementares, por litro, por cada grau Oechsle adicional (até ao máximo de 80° Oechsle).
Polish: Zgodnie z tymi informacjami podstawowa cena jednego litra moszczu o 60° Oechsle na rynku wina bazowego do produkcji wina musującego wynosiła 0,312 EUR. Za każdy dodatkowy stopień w skali Oechslego (maksymalnie do 80° w skali Oechslego) płacono 0,005 EUR za litr.
English: In view of the commercial problems described above, an interim statement of account was drawn up for the year until 31 October 2000 and examined by an auditor. On 31 October 2000 GfW’s liabilities (EUR 15670155) exceeded its current assets (EUR 9886856) with EUR 5783299 and GfW had the liabilities as expressed in the table below.
Lithuanian: Atsižvelgiant į minėtas prekybos problemas, buvo parengtas einamųjų metų tarpinis sąskaitos išrašas už laikotarpį iki 2000 m. spalio 31 d., kurį išnagrinėjo audito įmonė 2000 m. spalio 31 d. GfW įsipareigojimai (15670155 EUR) šios įmonės trumpalaikį turtą (9886856 EUR) viršijo 5783299 EUR (GfW įsipareigojimai nurodyti toliau pateiktoje lentelėje).
English: If the company had been wound up the value of GfW’s stocks would have fallen. The actual proceeds from the sale of the stocks would have been only about 50 % to 70 % of the book value.
Lithuanian: jeigu įmonę būtų tekę likviduoti, GfW atsargų vertė būtų sumažėjusi. pardavus atsargas faktinės įplaukos būtų siekę tik apie 50–70 % finansinės vertės.
English: Paragraph 168 and 169 of the judgment reads: ‘(168)
Lithuanian: Sprendimo 168 ir 169 punktuose nurodyta:
English: The security positions awarded the winegrowing enterprises and merchants in the case at hand gave varying degree of security. Only the ones with prolonged retention of title had the full security for payment.
Lithuanian: Visos skolos grąžinimo garantijos buvo užtikrintos tik toms vynuogių auginimo įmonėms ir prekybininkams, kuriems buvo taikoma pratęstos nuosavybės teisės išlaikymo sąlyga.
English: At the time of the granting of the aid, aid to primary producers was evaluated directly under Article 107(3)(c) of the TFEU. In accordance with the praxis at the time, aid for investments, credit, the livestock sector, producer organisations, publicity and promotion, compensation for damages caused by diseases, insurance premiums and technical assistance could when fulfilling certain criteria be deemed compatible with the internal market. None of the mentioned forms of compatible aid can however be used to exempt the aid in question.
Maltese: Fil-ħin tal-għoti tal-għajnuna, l-għajnuna lill-produtturi primarji ġiet direttament evalwata skont l-Artikolu107((3)(c) tat-TFUE. Skont il-prassi ta’ dak iż-żmien, l-għajnuna għall-investimenti, il-kreditu, is-settur tal-bhejjem, l-organizzazzjonijiet tal-produtturi, il-pubbliċità u promozzjoni, il-kumpens għal danni kkawżati mill-mard, il-primjums ta’ assigurazzjoni u l-assistenza teknika setgħu meta jissodisfaw ċerti kriterji jitqiesu kompatibbli mas-suq intern. Madankollu ma tista’ tintuża l-ebda waħda mill-forom ta’ għajnuna kompatibbli msemmija sabiex teżenta l-għajnuna in kwistjoni.
English: In 1999, using a loan of EUR 15302696,25 from WAK and its own resources, GfW purchased 44 million litres of must. 60 % of this must had a minimum of 60 degree Oechsle and an average of 81 degree Oechsle.
Portuguese: Em 1999, recorrendo a um empréstimo de 15302696,25 EUR do WAK e a recursos próprios, a GfW comprou 44 milhões de litros de mosto, dos quais 60 % tinham, pelo menos, 60° Oechsle e, em média, 81° Oechsle.
Dutch: In 1999 kocht GfW 44 miljoen liter most met gebruikmaking van zowel eigen middelen als een lening van WAK van 15302696,25 EUR. Van deze most had 60 % minimaal 60 graden Oechsle bij een gemiddeld gehalte van 81 graden Oechsle.
English: Following a complaint received on 10 May 2001 the Commission sent a written inquiry to the Federal Republic of Germany on 9 November 2001. The measure was notified by letter of 5 March 2002, received on 8 March 2002, in response to this inquiry of the Commission.
Polish: Po otrzymaniu skargi w dniu 10 maja 2001 r. Komisja przesłała pisemne zapytanie do Republiki Federalnej Niemiec dnia 9 listopada 2001 r. Środek został zgłoszony pismem z dnia 5 marca 2002 r., otrzymanym w dniu 8 marca 2002 r., które zostało wysłane w odpowiedzi na wspomniane zapytanie Komisji.
English: It operates in the winegrowing sector in a similar manner as a bank. WAK’s customary trade is the granting of loans for land reparcelling (Flurbereinigung).
Portuguese: Opera no setor vitivinícola como um banco e dedica-se habitualmente à concessão de empréstimos para emparcelamento («Flurbereinigung»).
English: An average price of EUR 0,38 per litre was paid for all the must purchased. No finished wine was purchased.
Portuguese: Estes mostos foram comprados ao preço médio de 0,38 EUR por litro, não tendo sido comprado nenhum vinho acabado.
English: In 2000, due to the comparatively large harvests and falling sales of sparkling wine the market in white wine slumped even further (average prices falling in some instances by as much as EUR 0,20). Much of the cask wine still in storage had to be sent for another round of distillation.
Portuguese: Em 2000, devido ao maior volume da colheita e à queda das vendas de vinhos espumantes, o mercado do vinho branco contraiu-se ainda mais, tendo os preços médios descido, em alguns casos, 0,20 EUR. Muito do vinho a granel ainda armazenado teve de ser enviado para nova campanha de destilação.
English: In this context Germany points to the relevant market. In its opinion the market price for ordinary table wine cannot be taken as a benchmark for this 60 % of the stock because the relevant market for GfW is not the ordinary table wine market but the market for higher quality raw wine to be used in the production of sparkling wine.
Portuguese: Neste contexto, a Alemanha invoca o conceito de «mercado pertinente» e considera que o preço de mercado do vinho de mesa comum não pode servir de referência para os 60 % em causa das existências, dado que o mercado pertinente no caso da GfW não era o mercado do vinho de mesa comum, mas sim o mercado do vinho de base de qualidade superior destinado à elaboração de vinhos espumantes.
English: The Commission, on the other hand, believes that this development was in fact foreseeable. The new common organisation of the market in wine explicitly set out to eliminate the distillation system.
Portuguese: Em contrapartida, a Comissão é de opinião que a evolução era, na realidade, previsível, pois a nova organização comum do mercado vitivinícola estabelece explicitamente a eliminação do regime de destilação.
English: The report comes to the conclusion that it made economic sense for WAK to subordinate their claims, waive part of their claims to the abovementioned amount and to waive the future interest payments. The reasons for this conclusion were submitted by Germany and are as follows:
Romanian: Raportul concluzionează că subordonarea creanțelor, renunțarea la o parte din creanțele menționate mai sus și renunțarea la plata dobânzii în viitor au reprezentat o decizie rațională din punct de vedere economic pentru WAK.
English: WAK’s claims would have had to be met from the sale of GfW’s stocks. If the company had been wound up the value of GfW’s stocks would have fallen.
Romanian: dacă WAK nu și-ar fi subordonat creanțele și nu ar fi renunțat la acestea și la plata dobânzii, GfW ar fi trebuit să solicite insolvența și ar fi fost lichidată; creanțele WAK ar fi trebuit achitate din vânzarea stocurilor GfW;
English: Separation of assets is possible only if the insolvency administrator refuses to perform the contract, in which case the creditor can withdraw from the contract and demand the separation of the assets, and is entitled to compensation for non-performance of the contract. Down payments may be offset.
Romanian: Separarea activelor este posibilă numai dacă administratorul judiciar refuză îndeplinirea contractului, caz în care creditorul se poate retrage din contract și poate solicita separarea activelor, având dreptul la despăgubiri pentru neîndeplinirea contractului; aconturile pot fi compensate.
English: In the opening of procedures doubt was expressed as to whether WAK kept the subordination and waiver of claim to a strict minimum. However, according to the comments of Germany, WAK waived the share of its claims needed to cover GfW’s deficit for 2000, which was necessary according to German insolvency law (see recital 25) in order to avoid insolvency proceedings and enable GfW to continue trading.
Romanian: La deschiderea procedurii, s-au exprimat îndoieli privitoare la măsura în care WAK s-a limitat la strictul necesar în privința subordonării și renunțării la creanțe.