# C_2012220EN.01000601.xml

| 25.7.2012 | EN | Official Journal of the European Union | C 220/6 |
| --- | --- | --- | --- |

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 |

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 |
| --- | --- |

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 |

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 |

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 |

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 |
| --- | --- |

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 |

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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