Authorisation for State aid pursuant to Articles 107 and 108 of the TFEU — Cases where the Commission raises no objections  Text with EEA relevance
Date: 2012-08-15
Institutions: European Commission
Subjects: Ireland, Poland, Portugal, State aid, control of State aid, economic recession, financial services, insurance








C_2012246EN.01000101.xml










15.8.2012   


EN


Official Journal of the European Union


C 246/1





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 246/01







Date of adoption of the decision


20.12.2011




Reference number of State Aid


SA.33443 (11/N)




Member State


Ireland




Region


—


—




Title (and/or name of the beneficiary)


Submission of Bank of Ireland revised restructuring plan pursuant to requirements of State aid decision SA.33216 (11/N) — Ireland




Legal basis


Submission of Bank of Ireland revised restructuring plan pursuant to requirements of State aid decision SA.33216 (11/N) — Ireland




Type of measure


Individual aid


Bank of Ireland Group




Objective


Remedy for a serious disturbance in the economy




Form of aid


Other forms of equity intervention




Budget


EUR (5 000-6 000) million




Intensity


—




Duration (period)


29.7.2011-31.12.2015




Economic sectors


Financial and insurance activities




Name and address of the granting authority







Minister for Finance




Department of Finance




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/competition/elojade/isef/index.cfm







Date of adoption of the decision


9.7.2012




Reference number of State Aid


SA.34811 (12/N)




Member State


Poland




Region


—


—




Title (and/or name of the beneficiary)


Szóste rozszerzenie programu wspierania finansowania banków w Polsce




Legal basis


Ustawa z dnia 12 lutego 2009 r. o udzielaniu przez Skarb Państwa wsparcia instytucjom finansowym (Dz.U. nr 39, poz. 308 ze zm.)
Ustawa z dnia 19 listopada 2009 r. o zmianie ustawy o udzielaniu przez Skarb Państwa wsparcia instytucjom finansowym (Dz.U. z 2010 r. nr 3, poz. 12)




Type of measure


Scheme


—




Objective


Remedy for a serious disturbance in the economy




Form of aid


Guarantee, Other




Budget


Overall budget: PLN 160 000 million




Intensity


—




Duration (period)


Until 31.12.2012




Economic sectors


Financial and insurance activities




Name and address of the granting authority







Minister Finansów




ul. Świętokrzyska 12




00-916 Warszawa




POLSKA/POLAND








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.34958 (12/N)




Member State


Portugal




Region


—


—




Title (and/or name of the beneficiary)


Concessão extraordinária de garantias pessoais pelo Estado, no âmbito do sistema financeiro.




Legal basis


A base jurídica engloba a Lei 60-A/2008, de 20 de outubro + Portaria 1219-A/2008, de 23 de outubro de 2008, alterada pelas Portarias 946/2010, de 22 de setembro de 2010 e 80/2012, de 27 de março de 2012 + Lei 64-B/2011 (Lei do Orçamento do Estado para 2012).




Type of measure


Scheme


—




Objective


Remedy for a serious disturbance in the economy




Form of aid


Guarantee




Budget


Overall budget: EUR 29 920 million




Intensity


—




Duration (period)


1.7.2012-31.12.2012




Economic sectors


Financial service activities, except insurance and pension funding




Name and address of the granting authority







Ministério das Finanças




Av. Infante D. Henrique 1.o





1149-009 Lisboa




PORTUGAL








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