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 )
Date: 2009-07-30
Institutions: European Commission
Subjects: Ireland, Latvia, State aid, bank, control of State aid, economic recession, exchange of information








C_2009177EN.01000101.xml










30.7.2009   


EN


Official Journal of the European Union


C 177/1





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 177/01






Date of adoption of the decision


14.1.2009




Reference number of State Aid


N 9/09




Member State


Ireland




Region


—




Title (and/or name of the beneficiary)


Anglo-Irish Bank




Legal basis


The Credit Institutions (Financial Support) Act 2008




Type of measure


Individual aid




Objective


Aid to remedy serious disturbances in the economy




Form of aid


Other forms of equity intervention




Budget


Overall budget: EUR 1 500 million




Intensity


—




Duration (period)


—




Economic sectors


Financial intermediation




Name and address of the granting authority







The Minister, acting on behalf of the Government, in accordance with the Act




Department of Finance




Government Building




Upper Merrion Street




Dublin 2




IRELAND








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


16.2.2009




Reference number of State Aid


N 61/09




Member State


Ireland




Region


—




Title (and/or name of the beneficiary)


Change of ownership of Anglo Irish Bank Corporation plc




Legal basis


The Anglo-Irish Bank Corporation Act 2009




Type of measure


—




Objective


—




Form of aid


—




Budget


—




Intensity


Measure does not constitute aid




Duration (period)


—




Economic sectors


Financial intermediation




Name and address of the granting authority







The Minister, acting on behalf of the Government, in accordance with the Act




Department of Finance




Government Buildings




Upper Merrion Street




Dublin 2




IRELAND








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


30.6.2009




Reference number of State Aid


N 326/09




Member State


Latvia




Region


—




Title (and/or name of the beneficiary)


Garantiju shēmas bankām Latvijā pagarināšana




Legal basis


Government Regulation on ‘Procedure for Issuing and Supervision of Guarantees for Bank Loans’




Type of measure


Aid scheme




Objective


Aid to remedy serious disturbances in the economy




Form of aid


Guarantee




Budget


Overall budget: LVL 2 400 million




Intensity


—




Duration (period)


1.7.2009-31.12.2009




Economic sectors


Financial intermediation




Name and address of the granting authority







Ministry of Finance




Smilšu 1




Rīga, LV-1919




LATVIJA








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