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: 2013-09-10
Institutions: European Commission
Subjects: Cyprus, Greece, Netherlands, North Holland, State aid, control of State aid, economic recession, financial services, insurance, pharmaceutical industry, research and development








C_2013261EN.01000101.xml










10.9.2013   


EN


Official Journal of the European Union


C 261/1





Authorisation for State aid pursuant to Articles 107 and 108 of the TFEU
Cases where the Commission raises no objections
(Text with EEA relevance)
2013/C 261/01







Date of adoption of the decision


3.5.2013




Reference number of State Aid


SA.35460 (13/NN)




Member State


Greece




Region


—


—




Title (and/or name of the beneficiary)


Liquidation aid for ATE Bank resolution




Legal basis








 


Νόμος 3864/2010 και Ν.3601/2007 όπως τροποποιήθηκε με τον Ν.4021/2011










 


απόφαση της ΤΤΕ 2209/27.7.2012 (φεκ 2209/27/7/12)








Type of measure


Ad hoc aid


Transferred activities of ATE Bank




Objective


Remedy for a serious disturbance in the economy




Form of aid


Other — Recapitalisation of EUR 290 million in December 2011 — Resolution of ATE Bank in July 2012 which implied a recapitalisation of EUR 570 million related to the transferred activities of ATE Bank and a transfer of EUR 7 471 million of EFSF bonds to make up for the fact that transferred assets were lower than transferred liabilities




Budget


Overall budget: EUR 8 331 million




Intensity


—




Duration (period)


—




Economic sectors


Financial and insurance activities




Name and address of the granting authority







Υπουργείο Οικονομικών




Νίκης 5-7




101 80 Αθήνα/Athens




ΕΛΛΑΔΑ/GREECE








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


17.7.2013




Reference number of State Aid


SA.36653 (13/N)




Member State


Netherlands




Region


Noord-Holland


—




Title (and/or name of the beneficiary)


Pallas




Legal basis








1.


EZ Kaderwet (Framework Law of the Ministry of Economic Affairs)










2.


Provincewet (Provincial Act)








Type of measure


Individual aid


Stichting Voorbereiding Pallas-reactor i.o. (‘Foundation Preparation Pallas-reactor’)




Objective


Sectoral development, Execution of an important project of common Europe, Research and development




Form of aid


Soft loan




Budget


Overall budget: EUR 80 million




Intensity


100 %




Duration (period)


30.6.2013-31.12.2017




Economic sectors


Other research and experimental development on natural sciences and engineering, Manufacture of pharmaceutical preparations




Name and address of the granting authority







Ministry of Economic Affairs




PO Box 20401




2500 EK Den Haag




NEDERLAND









Province of North Holland




PO Box 3007




2011 DA Haarlem




NEDERLAND








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


25.7.2013




Reference number of State Aid


SA.36930 (13/N)




Member State


Cyprus




Region


—


—




Title (and/or name of the beneficiary)


Second prolongation of Cypriot guarantee scheme for banks H2 2013




Legal basis


Draft law that governs the granting of government guarantees for the securing of loans and/or the issue of bonds by cred. instit.




Type of measure


Scheme


—




Objective


Remedy for a serious disturbance in the economy




Form of aid


Guarantee




Budget


Overall budget: EUR 6 000 million




Intensity


—




Duration (period)


25.7.2013-31.12.2013




Economic sectors


Financial service activities, except insurance and pension funding




Name and address of the granting authority







Ministry of Finance




Mr D. Dionyssiou, M. Karaoli & G. Afxentiou




1439 Nicosia




CYPRUS








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