natgillin/translations-raw huggingface dataset:
Belgien har pligt til gennem ONDD at tilbagesøge den støtte, der er omhandlet i artikel 4, fra SA Ducroire.
According to settled case law, there is an effect on trade between Member States where the undertaking in receipt of aid carries on its activities in a sector which is open to competition and in which there is trade between Member States [87].
Belgien har pligt til at fremlægge detaljerede oplysninger, herunder en attest fra et uafhængigt revisionsselskab, som kontrollerer disse regnskaber, som bevis for, at tilbagebetalingen alene er finansieret af SA Ducroires aktivitet med ordinære risici.
The fact that, at the start of this procedure, a competitor from a Member State other than Belgium complained about the distortion of competition as a result of Ducroire/Delcredere's actions in a third Member State (the Czech Republic) simply confirms that Ducroire/Delcredere is active in a sector subject to trade between Member States.
Den sum, der skal tilbagesøges, pålægges renter fra den dato, på hvilken den blev stillet til SA Ducroires rådighed (den 1. januar 2005), og indtil den er tilbagebetalt.
Trade between Member States is therefore sufficiently affected by Measure 3.
Tilbagesøgningen af støtten iværksættes omgående og effektivt.
In the light of the above, Measure 3 constitutes aid.
Artikel 6
The Commission considers that this aid is new aid which was not notified to it beforehand and is, therefore, illegal.
Der skal uden ophør indføres særskilt forvaltning og særskilte regnskaber for aktiviteten med ekstraordinære henholdsvis ordinære risici, og dette skal opretholdes, så længe der ydes statsstøtte til aktiviteten med ekstraordinære risici.
The ONDD subscribed the capital in question in September 2004 and the short-term risk activity (including marketable risks) was transferred to Ducroire/Delcredere on 1 January 2005.
Artikel 7
This measure:
Inden to måneder efter meddelelsen af denne afgørelse forelægger Belgien følgende oplysninger for Kommissionen:
is therefore later than the date of 17 September 1998, after which Belgium is required not to grant new aid as a result of its acceptance of the Communication on export-credit insurance, and
det samlede beløb (hovedstol og renter), som skal tilbagesøges hos SA Ducroire
does not qualify for the limitation period set out in Article 15 of Council Regulation (EC) No 659/1999 of 22 March 1999 laying down detailed rules for the application of Article 93 of the EC Treaty since it was adopted less than ten years ago.
en detaljeret beskrivelse af de foranstaltninger, der allerede er truffet eller er planlagt for at efterkomme afgørelsen
The part of the capital granted by the ONDD to Ducroire/Delcredere (EUR 36,6 million) which was not notified to the Commission beforehand, thus constitutes illegal new aid from the beginning.
dokumentation for, at SA Ducroire har fået påbud om at tilbagebetale støtten.
ASSESSMENT OF THE COMPATIBILITY OF THE POTENTIAL AID WITH THE INTERNAL MARKET (194) The Commission has verified the compatibility of Measure 3 in accordance with the provisions in the Communication on export-credit insurance applicable at the time.
Belgien holder løbende Kommissionen orienteret om de nationale foranstaltninger, der træffes for at efterkomme denne afgørelse, indtil den i artikel 4 omhandlede støtte er fuldt tilbagebetalt.
The new Communication to Member States concerning the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to short-term export-credit insurance (hereinafter: ‘the new Communication on export-credit insurance’), published on 19 December 2012, applies from 1 January 2013.
Belgien indsender på Kommissionens anmodning straks oplysninger om de foranstaltninger, der allerede er truffet eller er planlagt for at efterkomme afgørelsen.
In principle, according to points 3.2 and 4.1 of the Communication on export-credit insurance, the exemptions set out in the Treaty provisions on state aid do not apply to aid granted for the insurance of marketable risks.
Belgien fremsender endvidere detaljerede oplysninger om de støttebeløb og de renter, der allerede er tilbagebetalt af SA Ducroire.
This aid clearly distorts competition between insurers, but above all leads to ‘variations in the insurance cover available for marketable risks in different Member States, thereby distorting competition between companies in Member States and having secondary effects on intra-Community trade regardless of whether intra-Community exports outside the Community are concerned.
Artikel 8
The exceptions provided for in Article 92 of the Treaty do not apply to aid for the insurance of marketable risks.
Belgien træffer de fornødne foranstaltninger til at efterkomme nærværende afgørelse senest fire måneder efter meddelelsen af afgørelsen.
The distorting effects of such aid in the Community outweigh any possible national or Community interest in supporting exports’ [88].
Artikel 9
In other words, this aid is not in principle eligible for any of the exemptions set out in Article 107(3) of the TFEU, in particular that provided for in Article 107(3)(c), because it constitutes too great a distortion of competition in the internal market.
Denne afgørelse er rettet til Kongeriget Belgien.
Moreover, the aid in question does not meet the conditions of eligibility for one or more of the exemptions provided for in Article 107(3) of the TFEU.
Udfærdiget i Bruxelles, den 20. marts 2013
In particular, as stated in the opening decision, the aid in question cannot constitute rescue or restructuring aid according to the Community guidelines on state aid for rescuing and restructuring firms in difficulty [89], essentially for the following reasons:
På Kommissionens vegne
The Belgian authorities have not proved that Ducroire/Delcredere was eligible for such aid, for instance that it was in difficulty within the meaning of the guidelines on state aid for rescuing and restructuring firms in difficulty.
Næstformand
It should also be noted that, according to point 12 of those guidelines, a newly created firm is not eligible for rescue or restructuring aid.
Med virkning fra den 1. december 2009 er EF-traktatens artikel 87 og 88 blevet til henholdsvis artikel 107 og 108 i traktaten om Den Europæiske Unions funktionsmåde (»TEUF«).
The aid was not confined to the minimum necessary.
De to sæt bestemmelser er i det væsentlige identiske.
In particular, the capital allocation to Ducroire/Delcredere was sufficiently large to enable it to carry out acquisitions.
I nærværende afgørelse skal henvisninger til artikel 107 og 108 i TEUF efter omstændighederne forstås som henvisninger til EF-traktatens artikel 87 og 88.
The business plan presented in 2004 in the form of internal memos did not envisage an own contribution by the beneficiary.
Med TEUF er der også indført visse terminologiske ændringer, f.eks. er »Fællesskab« erstattet med »Union«, »fællesmarkedet« med »det indre marked« og »Retten i Første Instans« med »Retten«.
The business plan for Ducroire/Delcredere did not contain any measures to limit distortions of competition.
Det er TEUF-terminologien, der anvendes i denne afgørelse.
There is nothing in the provisions of the new Communication on export-credit insurance that would change the Commission's assessment.
EUT C 163 af 1.6.2011, s. 1.
Consequently, the measure at issue cannot be declared compatible with the internal market pursuant to Article 107(3) of the TFEU.
Fortrolige oplysninger.
THE OBLIGATION TO ESTABLISH AND MAINTAIN A SEPARATE ADMINISTRATION AND SEPARATE ACCOUNTS
EFT C 281 af 17.9.1997, s. 4.
According to point 4.3 of the Communication on export-credit insurance, where a non-marketable risk activity receives state support, the company will have to keep a separate administration and separate accounts for its insurance of marketable risks and non-marketable risks so as to ensure that the capital allocated to the non-marketable risk activity does not benefit the marketable risk activity, thereby distorting competition.
Fra den 1. januar 2013 anvender Kommissionen den nye meddelelse til medlemsstaterne om anvendelse af artikel 107 og 108 i traktaten om Den Europæiske Unions funktionsmåde på kortfristet eksportkreditforsikring, offentliggjort den 19. december 2012 (EUT C 392 af 19.12.2012, s. 1).
According to the Belgian authorities, Ducroire/Delcredere has been engaged in the short-term risk business since 1 January 2005, based on the transfer of an existing business with its existing capital (without an additional capital allocation).
Uanset om skyldnerne er offentligretlige eller ikke.
In the alternative, Belgium considers that the capital was granted on terms acceptable to a private investor.
Se bilaget til meddelelsen om eksportkreditforsikring.
Since, according to the Belgian authorities, Ducroire/Delcredere does not receive state support — even for the non-marketable risk activity it operates — it is, according to those authorities, not necessary to establish separate accounts.
Se s. 60 og 69 i bilag 8 til Belgiens bemærkninger til Europa-Kommissionens beslutning af 24. februar 2011, som blev fremsendt af de belgiske myndigheder den 1. juni 2011.
In section V.1.1.2 it was concluded that the capital allocated to the transferred activity amounted to EUR [45-75] million and that there was therefore an additional capital of EUR [75-100] million, of which EUR [35-65] million de facto benefited the non-marketable risk activity.
Denne kapital vedrørende ekstraordinære risici omfatter den kapital i SA Ducroire, som på tidspunktet for overdragelsen af forsikringsaktiviteterne vedrørende kortfristede risici til SA Ducroire understøttede forsikring af risici forbundet med skyldnere etableret i Rumænien og Bulgarien, idet disse risici på daværende tidspunkt var ekstraordinære, i og med at disse lande havde tiltrådt Den Europæiske Union den 1. januar 2007, hvilket vil sige efter overdragelsen af aktiviteterne til SA Ducroire.
The Belgian authorities' argument that the non-marketable risk activity does not receive state support must therefore be rejected since the existence of additional capital which partly benefited the non-marketable risk activity has been proven.
Se Kommissionens beslutning af 21. december 2005 i sag N 531/2005, »Foranstaltninger i forbindelse med oprettelse og drift af Banque Postale«, betragtning 54 ( EUT C 21 af 28.1.2006, s. 2), som kan læses på nettet: http://ec.europa.eu/eu_law/state_aids/comp-2005/n531-05.pdf.
In addition, the 2004 financial projections for Ducroire/Delcredere's entire business envisaged an expected profitability lower than the risk-free rate at the time [90].
Ifølge de belgiske myndigheder dækkede ONDD risiciene på debitorer i zone 1 indtil 1993 ([…] se fodnote 24) og holdt siden op med at tilbyde denne dækning.
The expected profitability was therefore insufficient to satisfy the requirements of a private investor in a market economy.
Selv før 1993 har ONDD aldrig haft en stor portefølje af ordinære risici.
It can therefore be concluded that the non-marketable risk activity has continued to benefit from state support.
Se eksemplet s. 13-14 i Belgiens bemærkninger til Europa-Kommissionens beslutning af 24. februar 2011, som blev fremsendt af de belgiske myndigheder den 1. juni 2011.
Since the non-marketable risk activity has received and is receiving state support, Ducroire/Delcredere should from its establishment have complied with point 4.3 of the Communication on export-credit insurance imposing a separate administration and separate accounts making it possible to distinguish between the activities relating to non-marketable risks and those relating to marketable risks, and this as long as it carries on its activity relating to marketable risks.
CBFA (bank-, finans- og forsikringskommissionen) er resultatet af integrationen af OCA (tilsynsmyndigheden for forsikringsselskaber) og CBF (bank- og finanskommissionen) den 1. januar 2004.
This obligation is maintained in the provisions of the new Communication on export-credit insurance (see point 15 of the new Communication on export-credit insurance).
Kommissionens tilføjelse: De belgiske myndigheder henviser til de minimis-reglen.
Ducroire/Delcredere was and therefore still is bound by this obligation.
Ifølge artikel 108, stk. 3, i TEUF er der pligt til at underrette Kommissionen om statsstøtte med henblik på at fastslå foreneligheden heraf med det indre marked ifølge kriterierne i artikel 107, stk. 1, i TEUF.
A separate administration and separate accounts for the non-marketable and the marketable risk activities must therefore be introduced immediately.
De minimis-reglen angiver, at støtte, der er tildelt i en periode på tre år, og som ikke overskrider et bestemt loft, er undtaget fra denne forpligtelse.
Otherwise, the support amounting to EUR [35-65] million granted to the non-marketable risk activity would no longer escape from classification as aid.
På tidspunktet for anvendelsen af foranstaltning 1 og 2 var det gældende loft fastsat til 100000 EUR ved Kommissionens forordning (EF) nr. 69/2001 af 12. januar 2001 om anvendelse af EF-traktatens artikel 87 og 88 på de minimis-støtte (EFT L 10 af 13.1.2001, s. 30).
The conclusion of this Decision that this amount of EUR [35-65] million supports the non-marketable risk activity is based on certain assumptions that are in some cases impossible to verify in a context of retrospective reconstruction of separate accounts (there is no formal separation of accounts within Ducroire/Delcredere).
Se fodnote 14.
The Commission will no longer accept such a retrospective reconstruction if it must again examine the use of Ducroire/Delcredere's capital in future.
Se s. 7 i Belgiens bemærkninger til Europa-Kommissionens beslutning af 7. december 2007, som blev fremsendt af de belgiske myndigheder den 12. februar 2008 (de belgiske myndigheder henviser hertil på s. 14 i deres bemærkninger af 1. juni 2011).
The purpose of the obligation to keep a separate administration and separate accounts is precisely to avoid having to resort to such retrospective reconstruction which is, by necessity, based on a number of assumptions that are partially unverifiable.
Se s. 22-24 i Belgiens bemærkninger til Europa-Kommissionens beslutning af 24. februar 2011, som blev fremsendt af de belgiske myndigheder den 1. juni 2011.
This Decision and in particular the calculation of the amount of EUR 36,6 million are based on separate accounts (balance sheet and profit and loss accounts) for marketable and non-marketable risks at 31 December 2011 as submitted by the Belgian authorities in May 2012.
De nærmere oplysninger om de overførte poster blev forelagt af de belgiske myndigheder den 14. februar 2007 på side 3 i disses svar på Kommissionens brev af 17. januar 2007 i sag CP 8/2007 (SA.22302) og gentaget i betragtning 70 i indledningsbeslutningen.
It would not be acceptable, therefore, if the introduction of a separate administration and separate accounts were to be based on assumptions and methods other than those used to determine the amounts submitted in the context of this procedure.
EFT L 77 af 20.3.2002, s. 17-22.
In particular, it would not be acceptable to allocate less capital to the non-marketable risk activity (and thus more capital to the marketable risk activity) than that set out in the separate balance sheet at 31 December 2011 submitted by the Belgian authorities in May 2012.
Se s. 9-11 i Belgiens svar på Europa-Kommissionens spørgsmål af 28. juli 2011, som blev fremsendt af de belgiske myndigheder den 5. december 2011 (de detaljerede beregninger blev fremsendt den 14. november 2011).
In the alternative, the Commission would emphasise that the absence of separate accounts since the establishment of Ducroire/Delcredere has made the examination of Measure 3 considerably more complicated and forced the Commission to conduct its analysis on the basis of certain assumptions.
M.B. 4. oktober 1939 (Belgiens statstidende).
Given that the obligation to keep separate accounts lay with Ducroire/Delcredere, it can hardly reproach the Commission for having made certain assumptions or having developed a complex approach as part of its analysis.
Vedrørende ONDD's virksomhed for egen regning med statsgaranti.
In the absence of such a complex approach, the Commission could simply have considered that the entire EUR [75-100] million constituted an advantage within the meaning of Article 107(1) of the TFEU.
Se s. 16 i Belgiens svar på Europa-Kommissionens spørgsmål af 28. juli 2011, som blev fremsendt af de belgiske myndigheder den 5. december 2011.
THE OBLIGATION THAT THE NON-MARKETABLE ACTIVITY SHOULD NOT CONTRIBUTE TO REPAYING THE AID
Se bilag B14 til de belgiske myndigheders svar på Kommissionens spørgsmål af 28. juli 2011, som de fremsendte den 5. december 2011.
In this Decision, the Commission has excluded from qualification as aid that part of the capital which de facto benefits the non-marketable risk activity, even though this part of the capital constituted support that did not meet the requirements of a private investor.
Se s. 10 i Belgiens bemærkninger til Europa-Kommissionens beslutning af 24. februar 2011, som de belgiske myndigheder fremsendte den 1. juni 2011, s. 10: Ifølge de kategorier, der blev anvendt af ONDD […].
The amount of the incompatible aid therefore does not include the support for non-marketable activities.
Se bilag 8 (s. 70) og bilag 13 til Belgiens bemærkninger til Europa-Kommissionens beslutning af 23. februar 2011, som blev fremsendt af de belgiske myndigheder den 1. juni 2011.
Following the logic of this Decision, the repayment of the incompatible aid should therefore be financed strictly by the marketable activity and the related capital, as this is the only way of restoring the competitive situation in the market for marketable risks that existed before the incompatible aid was granted.
Se s. 28 i de strategiske retningslinjer for ONDD og datterselskabet af 28. september 2004 med titlen »Lignes directrices stratégiques pour l'ONDD et sa SA«, som blev forelagt ONDD's bestyrelse og figurerer i bilag 10 i Belgiens bemærkninger til Europa-Kommissionens beslutning af 23. februar 2011, som de belgiske myndigheder fremsendte den 1. juni 2011.
As indicated above, this recovery must be made on the basis of separate accounts in a manner consistent with the comments by the Belgian authorities of May 2012.
EUT L 335 af 17.12.2009, s. 1.
CONCLUSIONS
Solvens II-direktivet trådte i kraft den 6. januar 2010.
The Commission finds that, of the three measures which were the subject of the formal investigation procedure, Measures 1 and 2 (the state guarantee and the potential internal transfers of resources to marketable risks within the ONDD) do not constitute state aid within the meaning of Article 107(1) of the TFEU.
Solvens II er en EU-regelreform på forsikringsområdet.
However, the analysis of Measure 3 makes it possible to conclude as to the existence of state aid within the meaning of Article 107(1) of the TFEU amounting to EUR 36,6 million.
I tråd med Basel II er formålet en bedre tilpasning af den egenkapital, som forsikrings- og genforsikringsselskaber har behov for til de risici, som disse løber ved udøvelsen af deres virksomhed.
Since the ONDD (for the account of the Belgian State) illegally implemented Measure 3 in breach of Article 108(3) of the TFEU and since this aid is incompatible with the internal market, it must be recovered.
Efter Solvens I, som foreskrev en solvensmargen, der var fastlagt i henhold til procentdele af præmier og skader, går reguleringen af forsikringerne over til mere komplekse regler med integrering af risikoen ved enten anvendelse af en standardformel eller brug af en intern model.
The repayment of this aid must be financed by Ducroire/Delcredere's marketable risk activity,
Metoden med standardformlen er i øjeblikket ved at blive defineret og kalibreret via Quantitative Impact Studies (herefter »QIS«).
HAS ADOPTED THIS DECISION:
Se s. 16 i Belgiens svar på Europa-Kommissionens spørgsmål af 28. juli 2011, som blev fremsendt af de belgiske myndigheder den 5. december 2011.
Article 1
Parentes: årlig vækstrate for den forventede aktivitet i det pågældende scenario.
Since the guarantee granted by Belgium to the ONDD did not benefit the ONDD's marketable risk activity, it does not constitute aid.
Kapitalbehovet til ordinære og ekstraordinære risici giver ikke tilsammen den totale sum, for der er en absolut minimumstærskel på 3 mio. EUR for årene 2004-2006 og 3,2 mio. EUR for årene 2007-2009.
Article 2
Se de dokumenter, som de belgiske myndigheder fremsendte den 14. november 2011 (Excel-fil, siden »Capital«).
Any internal transfers of resources to the marketable risk activity within the ONDD, the existence of which has not been proved, do not constitute aid.
Det fremgår, at QIS 2005-metoden sammen med intern modellering er blevet brugt udelukkende til at fastslå den kapital, der er tildelt ordinære og ekstraordinære risici i 2005.
Article 3
For årene efter 2005 blev kapitalen fastslået i […].
The initial capital allocation granted by the ONDD to Ducroire/Delcredere amounting to EUR 113,4 million does not constitute aid.
Kommissionen har konstateret regnefejl i de finansielle fremskrivninger.
Article 4
Navnlig adskiller summen af resultaterne fra forsikringsaktiviteten for de forskellige områder sig fra det samlede resultat af SA Ducroires forsikringsaktivitet.
The initial capital allocation granted by the ONDD to Ducroire/Delcredere amounting to EUR 36,6 million, implemented on 23 September 2004 in breach of Article 108(3) of the Treaty on the Functioning of the European Union, constitutes illegal aid incompatible with the internal market within the meaning of that Treaty.
Der er sket sammentællingsfejl ved beregningen af resultatet af forsikringsaktiviteten for hele SA Ducroire.
Article 5
Disse differencer har dog ingen væsentlig indvirkning på vurderingen af ROE.
Belgium, through the ONDD, shall recover from Ducroire/Delcredere the aid referred to in Article 4.
Se bilag 10 til Belgiens bemærkninger til Europa-Kommissionens beslutning af 23. februar 2011, som blev fremsendt af de belgiske myndigheder den 1. juni 2011.
Belgium shall provide detailed evidence — including certification issued by an independent firm auditing these accounts — that the repayment has been financed exclusively by Ducroire/Delcredere's marketable risk activity.
Se s. 33 i Belgiens svar på Europa-Kommissionens spørgsmål af 28. juli 2011, som blev fremsendt af de belgiske myndigheder den 5. december 2011.
The sums to be recovered shall include the interest which has accrued between the date on which they were made available to Ducroire/Delcredere (1 January 2005) and the date on which they are actually recovered.
Belgien har foretaget følgende beregning for de ordinære risici: 8 mio. EUR + [(100 mio. EUR — 82 mio. EUR) × (8 mio. EUR/82 mio. EUR)].
The interest shall be calculated on a compound basis in accordance with Chapter V of Commission Regulation (EC) No 794/2004 [91].
Det samme gælder for de ekstraordinære risici.
Recovery of the aid shall be immediate and effective.
Se de belgiske myndigheders bemærkninger af 14. november 2011 (Excel-filer: »201105 P&L et Bilan Business Plan Scenario 1B«, siderne P & L_cessibles og PL_non_cessibles).
Article 6
Se s. 38-39 i Belgiens svar på Europa-Kommissionens spørgsmål af 28. juli 2011, som blev fremsendt af de belgiske myndigheder den 5. december 2011.
A separate administration and separate accounts must be introduced without delay for the non-marketable risk activity and the marketable risk activity, and maintained for as long as the non-marketable risk activity receives state support.
Se s. 38 i Belgiens bemærkninger til Europa-Kommissionens beslutning af 24. februar 2011, som blev fremsendt af de belgiske myndigheder den 1. juni 2011.
The separation of the accounts must take account of the financial data furnished by the Belgian authorities in May 2012.
MEDAF = Modèle d'évaluation des actifs financiers: model til vurdering af finansielle aktiver.
In particular, the resulting breakdown of the capital must be done in the same way as in May 2012.
Kun erhvervsdrivende med en skønnet primær forretning inden for ordinære risici (dvs. over 50 % i præmier eller samlet eksponering alt efter tilgængelig information) er valgt.
Article 7