natgillin/translations-raw huggingface dataset:
The Commission thus concludes that measure NP3 is appropriate, necessary and, in the light of the deep restructuring foreseen for the Bank in which the economic activities of Nea Proton Bank are now contained, are proportionate to the intended objective.
T Banki uurimise algatamise otsuse põhjendustes 26–32 on komisjon juba sätestanud, et meede T, T Banki üle kantud vara ja kohustuste rahastamispuudujäägi katmine Kreeka hoiuste ja investeeringute tagamise fondi ja finantsstabiilsuse fondi kriisilahenduskavast, kujutab riigiabi aluslepingu artikli 107 lõike 1 tähenduses.
Compatibility of the aid measures with the Restructuring Communication
Sama otsuse põhjenduses 33 nimetas komisjon riigiabi saajaks TT Banki, millesse kanti üle T Banki majandustegevus, mis jätkus just tänu laekunud abile.
In recitals 60, 61, 78 and 79 of the Nea Proton Opening Decision regarding measures NP1 and NP2 the Commission noted that Nea Proton Bank would probably not be able to remunerate the State aid it received and underlined that the absence of remuneration triggered the need for in-depth restructuring.
Abi olemasolu TT Banki rekapitaliseerimise meetme raames toimunud rekapitaliseerimise puhul (meede TT)
In recital 211 the Commission noted as regards the remuneration of measure NP3 that, given that the sale price of Nea Proton is set at one euro, the HFSF will not recover any of the EUR 395 million injected just before the sale (measure NP3).
Kreeka riigi 224,96 miljoni euro suurune kapitalisüst TT Bankile (meede TT) tehti Kreeka pankade toetuskavasse [123] kuuluva rekapitaliseerimismeetme raames.
Moreover, Greece will not recover anything from the preference shares issued to it in May 2009, since the equity claims related to them were left in the liquidated Proton Bank.
Kava heakskiitmise otsuses järeldas komisjon, et kava raames võetud meetmed kujutavad riigiabi.
The Commission therefore concludes that the absence of remuneration triggers the need for in-depth restructuring, both in terms of viability measures and in terms of measures to limit distortions of competition.
Seega kujutas meede TT abi TT Bankile.
Long-term viability of Nea Proton Bank’s activity through sale
Nagu märkis komisjon New TT uurimise algatamise otsuse põhjenduses 98, säilitas New TT Bank ettevõtjas TT Bank (sealhulgas T Bankis) arendatud majandustegevuse.
Point 21 of the Restructuring Communication provides that where the credit institution in difficulty cannot credibly return to long term-viability, its orderly liquidation or its auctioning off should be considered.
Abi olemasolu New TT Banki rahastamispuudujäägi katmise puhul (meede NTT1)
Member States may therefore encourage the exit of non-viable players while allowing for the exit process to take place within an appropriate time frame that preserves financial stability.
New TT uurimise algatamise otsuse põhjendustes 53–57 on komisjon juba sätestanud, et meede NTT1, finantsstabiilsuse fondi sekkumine eesmärgiga katta New TT Banki rahastamispuudujääk, kujutab endast riigiabi aluslepingu artikli 107 lõike 1 tähenduses.
In the Nea Proton Opening Decision, the Commission raised serious doubts as to whether Nea Proton Bank could restore its long-term viability on a stand-alone basis and pointed out the synergies that could be achieved by its integration into a large financial entity.
Sama otsuse põhjenduses 54 sätestas komisjon, et meetmest sai majanduslikku kasu New TT Bank, kes säilitas TT Banki majandustegevuse, mis jätkus just tänu laekunud abile.
In that respect, point 17 of the Restructuring Communication clarifies that the sale of an ailing bank to another financial institution can contribute to the restoration of long-term viability, if the purchaser is viable and capable of absorbing the transfer of the ailing bank and may help to restore market confidence.
Abi olemasolu esialgse algkapitali sissemakse puhul (meede NTT2)
Moreover, in line with the MEFP, further consolidation of the banking sector had to be achieved and the HFSF had to sell Nea Proton Bank by 15 July 2013.
New TT uurimise algatamise otsuse põhjendustes 49–52 on komisjon juba sätestanud, et meede NTT2, Kreeka finantsstabiilsuse fondi kapitalisüst New TT Bankile summas 500 miljonit eurot, kujutab endast New TT Bankile antud riigiabi aluslepingu artikli 107 lõike 1 tähenduses.
As stated in section 7.5.2, on the basis of its restructuring plan, the Bank can be considered as a viable entity.
Abi andmine Eurobankile kui New TT Banki ostjale
Therefore, the fact that the activities of Nea Proton Bank have been transferred to the Bank allows their long-term viability to be restored.
Eurobank omandas New TT Banki aktsiad avatud ja mittediskrimineeriva hankemenetluse teel.
Moreover, the fact that Nea Proton Bank is fully integrated within the Bank and disappears as a stand-alone competitor constitutes in-depth restructuring as required by the insufficient remuneration of the State aid.
Kreeka ametiasutuste 15. juulil 2013 esitatud teabe kohaselt võttis fondi finantsnõustaja ühendust mitmete võimalike Kreeka ja välispankadega ja investoritega, kuid lõpliku pakkumuse tegi vaid neli suurimat panka.
Own contribution and burden-sharing
Asjaolu, et finantsnõustaja võttis ühendust mitmete pankadega, võimaldab komisjonil järeldada, et hankemenetlus oli avatud ja mittediskrimineeriv.
In the Nea Proton Opening Decision, the Commission expressed doubts as to whether the restructuring costs were limited to the minimum.
Eurobanki pakkumus hinnati parimaks tänu pakutud hinnale ja tasu liigile.
Those doubts derived from the observation that Nea Proton Bank could not return to long-term viability on a stand-alone basis without incurring high costs.
Täpsemalt nõustus Eurobank tasuma finantsstabiilsuse fondile kokku 681 miljonit eurot uute emiteeritud tavaaktsiatena.
The integration of Nea Proton Bank into the Bank, a larger entity with IT infrastructure and risk management structure in place, addresses those concerns.
Suuruselt teine pakkumus kujutas rahalist pakkumust summas 500 miljonit eurot.
The sale to the Bank contributes to limiting the restructuring costs to the minimum.
Seega oli see 26,58 % madalam kui Eurobanki pakkumus.
Concerning the contribution of shareholders and subordinated debt holders to the restructuring costs, the Commission has already established in recital 77 of the Nea Proton Opening Decision that the shareholders and subordinated debt holders were not transferred to Nea Proton Bank but remained in Proton Bank, that is to say, the entity in liquidation.
Kreeka keskpanga 8. juuli 2013. aasta kirja kohaselt ei olnud võimalik kaaluda ühtki kohaliku panga rahalist pakkumust põhjusel, et need sõltusid eurosüsteemi rahastamisest, ning veelgi vähem juhul, kui saadi erakorralist likviidsusabi.
Hence, the Commission considered that sufficient burden-sharing of shareholders and subordinated debt holders was achieved.
Seega ei olnud suuruselt teine pakkumus kooskõlas Kreeka keskpanga nõuetega.
Measures to limit distortions of competition
Samuti tuleb märkida, et müügilepingu kohaselt sai finantsstabiilsuse fond Eurobankilt 1418,75 miljoni euro väärtuses uusi emiteeritud tavaaktsiaid müügihinnaga 0,48 eurot aktsia [124].
Regarding measures to limit distortions of competition, point 30 of the Restructuring Communication provides that ‘the Commission takes as a starting point for its assessment of the need for such measures, the size, scale and scope of the activities that the bank in question would have upon implementation of a credible restructuring plan.
Fondi aktsiaosalus Eurobankis kasvas 93,55 protsendilt 95,23 protsendile.
The nature and form of such measures will depend on two criteria: first, the amount of the aid and the conditions and circumstances under which it was granted and, second, the characteristics of the market or markets on which the beneficiary bank will operate.’
Seega järeldab komisjon, et omandamine ei kujuta abi andmist ostjale.
Regarding the amount of aid received, the Commission notes the amount of the total aid received in the form of capital of EUR 2111,6 million (Pr1, NP1, NP2, NP3), in addition to State liquidity support of EUR 149,4 million (Pr3) and Greek government securities of EUR 78 million (Pr2).
Järeldus abi olemasolu kohta
Measure Pr1 corresponded to 4,6 % of Proton Bank’s RWA at that time.
Eespool kirjeldatut arvesse võttes leiab komisjon, et meetmed T, TT, NTT1 ja NTT2 kujutavad riigiabi.
Measure NP1, the financing of the funding gap from the transfer of activities from Proton Bank to Nea Proton Bank, corresponded to around 36 % of the RWA of Proton Bank at the end of 2010 or 84 % of the RWA of Nea Proton Bank at the time of its creation.
Meetme T kohta järeldab komisjon, et abi anti T Banki tegevusvaldkondadele, mis kanti üle TT Banki ja hiljem New TT Banki.
The initial share capital injection by the HFSF into Nea Proton Bank, which was part of measure NP2, corresponded to around 18,8 % of the latter’s RWA at the time of its creation.
Meetme TT kohta järeldab komisjon, et abi anti TT Banki tegevusvaldkondadele, mis kanti üle New TT Banki.
The additional share capital injections, which were part of measure NP2, corresponded to around 34,2 % of the RWA of Nea Proton Bank (based on the data of 31 December 2012 [122]).
Meetmetest NTT1 ja NTT2 sai kasu New TT Bank.
As stated in recital 80 of the New Proton Opening Decision, measures NP1 and NP2 represented more than 50 % of Proton Bank’s RWA or more than 130 % of Nea Proton Bank’s RWA.
Seega järeldab komisjon, et T Banki tegevusvaldkondadele, mis säilitati TT Bankis ja hiljem New TT Bankis, eraldati rekapitaliseerimiseks abi summas 677 miljonit eurot, ning TT Banki tegevusvaldkondadele, mis säilitati New TT Bankis, eraldati kapitalitoetuse vormis riigiabi summas 4457,96 miljonit eurot (meetmed TT, NTT1 ja NTT2).
The share capital injection, prior to the sale to the Bank, that is to say, measure NP3, corresponded to around 48,7 % of the RWA of Nea Proton Bank (based on data of 31 May 2013).
Tabel 10
Such amounts of aid in combination with the absence of remuneration call for a deep reduction of the market presence of the beneficiary.
Ülevaade T Banki, TT Banki ja New TT Banki saadud koguabist
Regarding the market on which Nea Proton Bank operated, in recital 82 of the Nea Proton Opening Decision the Commission pointed out that Proton Bank was a very small bank (approximately 1 % market share of Greek banks’ total assets) and consequently the assets and liabilities of Proton Bank which were transferred into Nea Proton Bank were relatively small compared to the size of the Greek banking system.
T Banki tegevusvaldkonnad
Therefore, it concluded that, despite the exceptionally large aid amount, the distortions of competition caused by the aid to Nea Proton Bank could be considered to be limited.
T Bankist TT Banki ülekandmisel tekkinud rahastamispuudujäägi katmine
Moreover, the activities of Nea Proton Bank were offered to competitors through an open auction.
TT Banki tegevusvaldkonnad
Following its sale, Nea Proton Bank ceased to exist as a stand-alone competitor as it was fully integrated within the Bank.
New TT Banki tegevusvaldkonnad
The Commission concludes that given the small size of Nea Proton Bank the open sale process, and the fact that Nea Proton Bank will not continue to exist as a stand-alone competitor, there are no undue distortions of competition, despite the very large amount of aid and the absence of remuneration.
TT Bankist New TT Banki ülekandmisel tekkinud rahastamispuudujäägi katmine
Conclusion on the compatibility with the Restructuring Communication
Nagu on selgitatud põhjendustes 199 ja 200, tuleb Kreeka pankade suhtes võetud abimeetmete hindamiseks võtta aluseks aluslepingu artikli 107 lõike 3 punkt b.
On the basis of the analysis in recitals 216 to 226 above, the Commission concludes that the sale of Nea Proton Bank and its integration into the Bank ensure Nea Proton Bank’s long-term viability, that the aid is limited to the minimum necessary and that there is no undue distortion of competition.
asjakohasus, vajalikkus ja proportsionaalsus.
All the aid measures listed in Table 7 should therefore be declared compatible with the internal market.
Rekapitaliseerimisteatises [125] sätestati edasised juhised riigi kapitalisüstide puhul nõutavate hüvitise tasemete kohta.
ASSESSMENT OF AID RELATED TO NEW TT BANK
Ümberkorraldamisteatises [126] selgitas komisjon lõpuks ümberkorralduskavade hindamise meetodit.
(229 ) The Commission has to assess whether the measures constitute State aid within the meaning of Article 107(1) of the Treaty.
Eurobanki ümberkorralduskava hindamisel ümberkorraldamisteatise kohaselt võtab komisjon arvesse kõiki tabelis 8 osutatud meetmeid.
Existence of aid in the coverage of the funding gap of the transferred assets and liabilities of T Bank (measure T)
Abimeetmete kokkusobivus 2008. aasta pangandusteatise ja rekapitaliseerimisteatisega
In recitals 26 to 32 of the T Bank Decision, the Commission has already established that measure T, the intervention by the Resolution Scheme of the HDIGF and the HFSF to cover the funding gap of the assets and liabilities transferred to TT Bank, constitutes State aid within the meaning of Article 107(1) of the Treaty.
Abimeetme T kokkusobivus 2008. aasta pangandusteatise ja rekapitaliseerimisteatisega
In recital 33 of that Decision the Commission considered the economic activities of T Bank which were transferred to TT Bank to be the beneficiary of State aid as they continued to exist because of the aid received.
Meetme T kohta on komisjon T Banki uurimise algatamise otsuses leidnud, et selle puhul on aluslepingu artikli 107 lõike 3 punkti b nõuded täidetud, ning otsustanud, et meede on siseturuga kokkusobiv finantsstabiilsuse kaalutlustel kuue kuu jooksul alates asjaomase otsuse kuupäevast.
Existence of aid in the recapitalisation granted under the recapitalisation measure to TT Bank (measure TT)
Kreeka ametiasutused ei ole esitanud TT Banki ajakohastatud ümberkorralduskava, milles oleks arvesse võetud T Banki tegevuse integreerimist TT Banki enne nimetatud pooleaastase ajavahemiku lõppu.
The EUR 224,96 million capital injection by the Greek State into TT Bank (measure TT) was granted under the recapitalisation measure forming part of the Greek Banks Support Scheme [123].
New TT uurimise algatamise otsuse põhjenduses 83 leidis komisjon siiski, et tegevusetus oli mõistetav seetõttu, et vahepeal oli võetud vastu otsus TT Banki kriisilahenduse kohta.
Measure TT therefore constituted aid to TT Bank.
Abimeetme TT kokkusobivus 2008. aasta pangandusteatisega
As the Commission observed in recital 98 of the New TT Opening Decision, New TT Bank harbours the economic activities previously carried out within TT Bank, including T Bank.
Abimeetmete NTT1 ja NTT2 kokkusobivus 2008. aasta pangandusteatise ja rekapitaliseerimisteatisega
Existence of aid in the financing of the funding gap of New TT Bank (measure NTT1)
Komisjon on New TT uurimise algatamise otsuses meetmed NTT1 ja NTT2 päästmisabina ajutiselt juba heaks kiitnud.
In recitals 53 to 57 of the New TT Opening Decision, the Commission has already established that measure NTT1, the intervention by the HFSF to cover the funding gap of New TT Bank, constitutes State aid within the meaning of Article 107(1) of the Treaty.
Abimeetmete T, TT, NTT1 ja NTT2 kokkusobivus ümberkorraldamisteatisega
In recital 54 of that Decision the Commission considered New TT Bank to be the economic beneficiary as New TT Bank harbours the economic activities of TT Bank which continue to exist because of the aid received.
T Banki käsitleva otsuse põhjenduses 45 märkis komisjon, et Kreeka hoiuste ja investeeringute tagamise fond ja Kreeka finantsstabiilsuse fond ei nõua tõenäoliselt raha tagasimaksmist ning et T Bankist TT Banki ülekandmisel tekkinud rahastamispuudujäägi katmine sarnaneb seega toetusele.
Existence of aid in the initial share capital injection (measure NTT2)
Pealegi, nagu on järeldatud New TT uurimise algatamise otsuse põhjenduses 101, võib Kreeka finantsstabiilsuse fond loota 500 miljoni euro suurusest algkapitali sissemaksest (meede NTT2) vaid osa tagasisaamist.
In recitals 49 to 52 of the New TT Opening Decision, the Commission has already established that measure NTT2, the initial share capital injection by the HFSF amounting to EUR 500 million in favour of New TT Bank, constitutes State aid to New TT Bank within the meaning of Article 107(1) of the Treaty.
Lisaks märkis komisjon, et TT Bankist New TT Banki ülekandmisest tekkinud rahastamispuudujäägi katmist (meede NTT1) Kreeka finantsstabiilsuse fondile ei hüvitata ning on väga väike tõenäosus, et finantsstabiilsuse fond saab midagi tagasi 3,7 miljardist eurost.
Existence of aid to the Bank as the acquirer of New TT Bank
Lõpuks märgib komisjon, et riigiabi väga tõenäoliselt ei korva meetmest TT midagi, kuna 2009. aasta mais väljastatud eelisaktsiatega seotud omakapitali investeeringud jäid likvideeritud TT Banki.
The Bank acquired the shares in New TT Bank in the framework of an open and non-discriminatory tender process.
Nagu on osutatud New TT uurimise algatamise otsuse põhjendustes 77 ja 102, tingib hüvitamise puudumine põhjaliku ümberkorraldamise vajaduse nii elujõulisuse kui ka konkurentsimoonutusi piiravate meetmete näol.
According to information received from the Greek authorities on 15 July 2013, a financial advisor contacted a large number of foreign and Greek banks and investors and only the four largest Greek banks submitted final offers.
New TT Banki tegevuse pikaajaline elujõulisus müügi kontekstis
The fact that the financial advisor contacted a large number of banks allows the Commission to conclude that the tender process was open and non-discriminatory.
New TT uurimise algatamise otsuse punktis 3.2.4.1 väljendas komisjon tõsist kahtlust selle üle, kas New TT Bank suudab taastada oma pikaajalise elujõulisuse iseseisva üksusena ning kas New TT Bank suudab saavutada kavandatud tulude kasvu.
More precisely, the Bank agreed to pay the HFSF a total of EUR 681 million in the form of newly issued ordinary shares.
Samuti viidati sünergiale, mida oleks võimalik saavutada New TT Banki integreerimisel suuremasse finantsüksusesse.
The second-highest offer was a cash offer of EUR 500 million.
Seda enam, et Kreeka teise kohandamiskava majandus- ja rahanduspoliitika memorandumi kohaselt oli New TT Banki müük esmatähtis tegevus, võttes arvesse üldsuse huve ja finantsstabiilsuse ning finantsstabiilsuse fondi varade kaitsmise kaalutlusi.
It was therefore 26,58 % lower than the offer of the Bank.
Seepärast võimaldab New TT Banki majandustegevuse ülekandmine Eurobanki taastada selle elujõulisuse.
The second-highest offer therefore did not comply with the requirements of the Bank of Greece.
Komisjoni järelduse kohaselt tagatakse ümberkorralduskavaga ebapiisava hüvitamise tõttu nõutav põhjalik ümberkorraldamine.
It should also be noted that under the sale contract the HFSF received 1418,75 million new ordinary shares of the Bank at the offer price of EUR 0,48 each [124].
New TT uurimise algatamise otsuse põhjenduses 99 komisjoni väljendatud mure seoses sellega, kas iseseisva üksusena ümberkorraldamine võimendas New TT Banki ümberkorralduskulusid, sai lahenduse vabatahtlikult töölt lahkumise kava [128] näol, mille New TT Bank viis ellu 2013. aasta juulis iseseisva üksusena, ning panga müügiga Eurobankile.
The shareholding of the HFSF in the Bank increased from 93,55 % to 95,23 %.
Täpsemalt viiakse ümberkorralduskulud miinimumini filiaalivõrgu ratsionaliseerimise ning T Banki täieliku ja reaalse integreerimise kaudu Eurobankiga.
Therefore, the Commission concludes that the acquisition does not constitute aid to the buyer.
Mis puutub aktsionäride ja allutatud laenude omanike vahel koormuse jagamisse, siis on komisjon juba New TT uurimise algatamise otsuse põhjenduses 100 sätestanud, et aktsionäre ega allutatud laenude omanikke New TT Banki üle ei kantud, vaid nad jäid likvideerimisel olevasse TT Banki.
Conclusion on the existence of aid
Seega leiab komisjon, et ümberkorralduskulude puhul on piirdutud miinimumiga ning saavutatud on piisav koormuse jagunemine.
On the basis of the foregoing, the Commission considers that measures T, TT, NTT1 and NTT2 all constitute State aid.
Nagu aga on juba järeldatud põhjenduses (251), tingis hüvitamise puudumine põhjaliku ümberkorraldamise vajaduse nii elujõulisuse kui ka konkurentsimoonutusi piiravate meetmete näol.
Regarding measure T, the Commission concludes that the aid benefited the activities of T Bank as they were transferred to TT Bank and later to New TT Bank.
Seoses saadud abi suurusega meenutab komisjon, et New TT uurimise algatamise otsuse põhjenduses 104 on ta märkinud, et New TT Bank on saanud abi 4,6 miljardi euro eest (meetmed NTT1 ja NTT2), mis moodustab enam kui 70 % TT Banki riskiga kaalutud varast ja enam kui 90 % New TT Banki riskiga kaalutud varast.
Regarding measure TT, the Commission concludes that it benefited the activities of TT Bank which were transferred to New TT Bank.
Lisaks märkis komisjon, et TT Bank (New TT Banki üle kantud majandustegevusega varem tegelenud juriidiline isik) oli juba saanud abi Kreeka pankade toetuskavast [129] – esmalt kapitalisüsti summas 224,96 miljonit eurot eelisaktsiate vormis (meede TT), mis moodustas tol ajal 2,9 % panga riskiga kaalutud varast.
The beneficiary of measures NTT1 and NTT2 is New TT Bank.
Lisaks eraldati T Banki kriisi lahendamise raames TT Banki üle kantud tegevusvaldkondadele kriisilahendusabi kokku umbes 678 miljonit eurot (meede T), mis moodustas ühinemise kuupäeval (31. märts 2011) 37,7 % T Banki riskiga kaalutud varast.
Therefore, the Commission concludes that the economic activities of T Bank, as they were harboured in TT Bank and later in New TT Bank, have benefited from recapitalisation aid amounting to EUR 677 million while the activities carried out by TT Bank harboured in New TT Bank have benefited from State aid in the form of capital support of EUR 4457,96 million (measures TT, NTT1 and NTT2).
Selline abisumma koos hüvitamise puudumisega nõuab põhjalikku ümberkorraldamist.
Table 10
Teisalt on komisjon New TT uurimise algatamise otsuse põhjenduses 104 toonud välja abi eraldamise tingimused.
Overview of the total aid received by T Bank, TT Bank and New TT Bank
Täpsemalt tundub, et märkimisväärne osa TT Banki viimaste aastate kahjumist ei pärine tegevusriskist, vaid Kreeka riigivõlakirjade hoidmisest.
Financing of funding gap from T to TT
Seega tundub, et abi ei moonuta eriti konkurentsi.
TT Bank’s activities
Siiski märkis komisjon, et kui vaadata TT Banki suurust, siis hoiti pangas proportsionaalselt märkimisväärselt rohkem Kreeka riigivõlakirju kui teistes Kreeka pankades ning see tegur kajastab teatavat kohatut riskeerimist.
New TT Bank’s activities
Nagu juba märgitud, lõpetas New TT Bank tegevuse kui eraldiseisev konkurent, kes kujundab oma poliitikat iseseisva üksusena.
Financing of funding gap from TT Bank to New TT Bank
Eurobanki ümberkorraldamiskava põhineb New TT Banki täieliku integreerimise eeldusel, isegi kui Eurobank jätkab Hellenic Postbanki nime kasutamist mõne filiaali ja toote puhul.
As explained in recitals 199 and 200, the legal basis for the assessment of aid measures to Greek banks should, at present, be Article 107(3)(b) of the Treaty.
Mis puudutab turgu, kus New TT Bank tegutses, on New TT Banki uurimise algatamise otsuse põhjenduses 106 juhitud tähelepanu, et TT Bank oli keskmise suurusega pank (mille hoiuste turuosa moodustas umbes 6 %) ning sellest tulenevalt olid ka TT Bankist New TT Banki üle kantud vara ja kohustused Kreeka pangandussüsteemi mahuga võrreldes suhteliselt väikesed.
As explained in recital 201, in order for an aid to be compatible under Article 107(3)(b) of the Treaty it must comply with the general criteria for compatibility:
Seepärast järeldas komisjon, et olenemata väga suurest abisummast võib pidada New TT Bankile antud abist põhjustatud konkurentsimoonutusi pigem piiratuks.
appropriateness, necessity and proportionality.
Hellenic Postbanki nimega filiaalivõrgu kavandatav vähendamine umbes 50 filiaali võrra [130] 196st kinnitab põhjenduses (263) esitatud hinnangut, mille kohaselt saab pidada New TT Bankile eraldatud abist põhjustatud konkurentsi moonutamist pigem piiratuks.