natgillin/translations-raw huggingface dataset:
Given that the notion of Member State includes all levels of public authorities, regardless of whether it is a national, regional or local authority, the Commission concludes that the measure is imputable to the State and involves a transfer of State resources.
Sellega seoses on Euroopa Kohus kindlaks teinud, et kõnealune eesmärk on saavutatud, kui abisaaja on ebaseadusliku abina saadud summad tagasi maksnud ja seega loobunud eelisest, mis tal turul konkurentide ees oli, ning kui on taastatud abi väljamaksmisele eelnenud olukord.
In its observations to the opening decision, WV Stahl requests the Commission to ensure a quick recovery of State aid granted in the form of loans to Ilva below market conditions, based on the difference between the interest rate charged and the market rate when the loans were granted (see recital 120).
Kooskõlas kohtupraktikaga on nõukogu määruse (EL) 2015/1589 artikli 16 lõikes 1 sätestatud: „Kui ebaseadusliku abi korral tehakse negatiivne otsus, nõuab komisjon, et kõnealune liikmesriik peab võtma kõik vajalikud meetmed, et abisaajalt abi tagasi saada.“
For the finding of an economic advantage in measure 5, the Commission considers that the same reasoning as for measure 3 can be applied despite two main factual differences between both measures.
Seega, võttes arvesse, et kõnealuste meetmete rakendamisel rikuti Euroopa Liidu toimimise lepingu artiklit 108 ning need kujutavad endast ebaseaduslikku ja siseturuga kokkusobimatut abi, tuleb see abi tagasi nõuda, et taastada enne abi väljamaksmist turul valitsenud olukord.
The first factual difference is that measure 5 is a public loan whereas measure 3 is a State guarantee on a syndicated loan.
Abi tuleks tagasi nõuda alates kuupäevast, mil abisaaja sai eelise, st alates ajast, mil abi anti abisaaja käsutusse, kuni tegeliku tagasimaksmiseni ning abisaajal tuleb tasuda abisumma pealt intressi kuni abi tegeliku tagasimaksmiseni.
However, this factual difference does not affect the reasoning developed in recitals 166 to 179, which equally holds for a loan and for a guarantee.
Tuginedes eeltoodud hinnangule punktides 5.2.3 ja 5.2.5, tuleb meetmetes nr 3 ja 5 sisalduv abi element tagasi maksta järgmiselt.
The second factual difference is the date of granting: 30 April 2015 for measure 3 v 15 December 2015 for measure 5.
Meetme nr 3 puhul vahe i) põhjenduse 190 selgituste järgi arvutatud intressimäära (mida kohaldati laenu põhiosale) ja ii) garanteeritud laenu kogumaksumuse (mis on arvutatud kui laenu põhiosale pankade kohaldatud intressimäärade ja riigi kohaldatud garantiipreemia summa) vahel, mis on arvutatud ja sisse nõutud ajavahemikul, mille jooksul need summad tehti Ilvale kättesaadavaks.
However, the Commission considers that the reasoning developed in recitals 166 to 179 also holds at the granting date of measure 5: in December 2015, the liquidation value of Ilva's assets could still be expected to be high and the aggregated amount of pre-deductible claims had increased by EUR 400 million (i.e. the amount of measure 3) as compared to April 2015, reaching a total of ca.
Meetme nr 5 puhul vahe i) põhjenduse 213 selgituste järgi arvutatud intressimäära (mida kohaldati laenu põhiosa suhtes) ja ii) tegeliku intressimäära (mida Ilva peaks maksma ja mida nõuti ajavahemikul, kui asjaomased summad tehti Ilvale kättesaadavaks) vahel.
EUR […] — still comfortably less than the EUR 1,8 billion liquidation mass which could be anticipated.
Vastavalt Euroopa Liidu toimimise lepingu artikli 4 lõike 3 kohasele lojaalse koostöö põhimõttele peab Itaalia esitama komisjonile kahe kuu jooksul käesoleva otsuse teatavakstegemise kuupäevast Ilvale antud abi täpse summa, võttes eelkõige arvesse laenudena antud abi, tegelikke makse- ja lunastustähtpäevi ning teisi Itaalia esitatud asjaomaseid tingimusi.
Moreover, Law Decree No 191/2015 gives a higher priority of repayment to measure 5 than other pre-deductible claims, as shown in Graph 2, further increasing the potential LGD of measure 5.
Igal juhul peavad tagasimakstavad summad sisaldama intressi kuni kogu tagasimaksmise lõpuni.
In light of the above, it appears that the LGD of the loan was still reasonably high and the Commission concludes that there could be a business case, for a private lender used to dealing with risky credits, in granting a loan to Ilva.
Kuni intressimäärade kohandamiseni kättesaadavaks tehtud summad on siseturuga kokkusobimatud ning need tuleb tagasi nõuda koos intressidega kuni summade tegeliku tagasisaamiseni.
Like for measure 3, the Commission then assessed whether the financial terms of the public loan adequately remunerate the risk taken by the State.
JÄRELDUS
For the same reasons as for measure 3, the Commission considers that the […] opinion does not provide an appropriate method for determining whether the annual interest rate charged by the State (2,94 %) is appropriate.
Komisjon leiab, et Itaalia on käesoleva otsuse punktides 2.2.3 ja 2.2.5 osutatud meedet nr 3 ja nr 5 rakendanud ebaseaduslikult, rikkudes Euroopa Liidu toimimise lepingu artikli 108 lõiget 3.
Therefore, the Commission collected similar public data as for measure 3 (CDS spreads and bond yields) from the database S&P Capital IQ Platform, corresponding however to the granting date of measure 5.
Komisjon teeb järelduse, et meetmete nr 3 ja nr 5 abielement on siseturuga kokkusobimatu ning see tuleb abisaajalt Ilvalt koos intressidega tagasi nõuda.
The data collected on 14 observations available in December 2015 shows CDS spreads for maturities of five years varying from 6,2 % to 300,5 % with a median value of 44,1 %, and CDS spreads for maturities of one year varying from 3,0 % to 648 % with a median value of 32,7 %.
ON VASTU VÕTNUD KÄESOLEVA OTSUSE:
The data collected on 31 observations available in December 2015 indicates bond rates between 2,2 % and 99,0 % with a median value of 17,6 % for three-year maturity bonds.
Artikkel 1
As the analysed data shows, the cost of financing for companies rated CCC+, D or SD at the date of granting of measure 5 was substantially higher than what Ilva obtained through the State.
Järgmised meetmed, mille suhtes kohaldatakse käesolevat otsust, ei kujuta endast riigiabi Euroopa Liidu toimimise lepingu artikli 107 lõike 1 tähenduses:
Indeed, the interest charged on the loan to Ilva was at an annual rate of 2,94 % while the market indications show a much higher total cost during the same period.
Ilva eelmise omaniku vastu algatatud kriminaalmenetluse ajal konfiskeeritud varade ülekanne 1,1 miljardi euro ulatuses vastavalt Ilvaga eraviisiliselt sõlmitud kompromisskokkuleppele;
Like for measure 3, this plausibility check demonstrates that the public loan defined as measure 5 confers an economic advantage on Ilva, which Ilva would not have obtained at market conditions.
250 miljoni euro suuruse eralaenu suhtes kohaldatud 11. augusti 2014. aasta dekreetseaduse nr 101/2013 artikli 12 lõige 5 eelnevalt mahaarvatavate laenude kohta;
Following the same reasoning as for measure 3 mutatis mutandis, the Commission decided to take into account also the 2008 Communication.
5. märtsil 2015 Fintecna ja Ilva vahel sõlmitud kompromisskokkulepe 156 miljoni euro suhtes 4. märtsi 2015. aasta dekreetseaduse nr 1/2015 alusel.
This led the Commission to establish the appropriate market rate for the quantification of the aid element of the loan granted without collateral at 10,06 %, calculated as the sum of a base rate of 0,06 % corresponding to the Euribor 1-year on 15 December 2015, and a credit margin of 1000 bps.
Artikkel 2
The amount of the advantage linked to the public loan defined as measure 5 must be calculated as the difference between (i) the interest rate calculated as explained in recital 213 applied to the loan principal; and (ii) the actual interest rate due by Ilva, calculated and charged for the period during which the amounts were made available to Ilva.
Teised meetmed, mille suhtes kohaldatakse käesolevat otsust ja mis Itaalia ebaseaduslikult kehtestas Euroopa Liidu toimimise lepingu artikli 108 lõiget 3 rikkudes, kujutavad endast siseturuga kokkusobimatut riigiabi:
The State loan defined as measure 5 is an ad hoc support measure granted in favour of one single undertaking: Ilva.
Ilva 400 miljoni euro suurusele laenule riigigarantii andmine ministri 30. aprilli 2015. aasta määrusega vastavalt dekreetseadusele nr 1/2015;
As such, measure 5 is selective.
Ilvale 300 miljoni euro suuruse riigilaenu andmine ministri 15. detsembri 2015. aasta määrusega vastavalt dekreetseadusele nr 191/2015.
Conclusion on measure 5
Artikkel 3
Since measure 5 meets all the criteria laid down in Article 107(1) TFEU, the Commission concludes that it constitutes State aid, the amount of which can be determined based on the methodology described in recital 214.
Itaalia nõuab abisaajatelt tagasi artiklis 2 nimetatud meetmete alusel antud abi, mis on siseturuga kokkusobimatu.
Unlawfulness of the aid
Tagasinõutavatelt summadelt arvestatakse intressi alates kuupäevast, mil need anti abisaajate käsutusse, kuni nende tegeliku tagasimaksmiseni.
Measures 3 and 5 constitute State aid within the meaning of Article 107(1) TFEU, which were implemented without prior notification to the Commission in breach of Article 108(3) TFEU.
Intress arvutatakse liitintressina vastavalt komisjoni määruse (EÜ) nr 794/2004 V peatükile ja komisjoni määrusele (EÜ) nr 271/2008, millega muudetakse määrust (EÜ) nr 794/2004.
As such, those measures have been unlawfully implemented.
Itaalia kohandab kõikide artiklis 2 osutatud meetmete alusel antud abi tagasimaksete suhtes turupõhiseid tingimusi, mis on esitatud käesoleva otsuse põhjendustes 190 ja 213, kahe kuu jooksul käesoleva otsuse teatavakstegemise kuupäevast.
Compatibility of the aid with the internal market
Artikkel 4
The prohibition on State aid is neither absolute nor unconditional.
Artiklis 2 osutatud meetmete alusel antud abi nõutakse tagasi viivitamata ja tulemuslikult.
In particular, paragraphs 2 and 3 of Article 107 TFEU constitute legal bases allowing some aid measures to be considered compatible with the internal market.
Itaalia tagab, et käesolev otsus rakendatakse nelja kuu jooksul pärast käesoleva otsuse teatavakstegemise kuupäeva.
Since they consider that the measures under investigation do not constitute State aid, the Italian authorities did not put forward any reason relating to their compatibility.
Artikkel 5
Therefore, the Commission will assess on its own motion whether the State aid measures granted to Ilva, i.e. measures 3 and 5, can be declared compatible with the internal market under any of these possible legal bases.
Kahe kuu jooksul pärast käesoleva otsuse teatavakstegemist esitab Itaalia järgmise teabe:
The Commission observes that the derogations in Article 107(2) TFEU are clearly inapplicable.
käesoleva otsuse täitmiseks juba võetud ja kavandatavate meetmete üksikasjalik kirjeldus;
Of the derogations in paragraph 3 of this Article, only points (a) and (c) could prove useful.
dokumendid, mis tõendavad, et abisaajat on abi tagastamise kohustusest teavitatud;
Point (a) provides that aid to promote the economic development of areas where the standard of living is abnormally low or where there is serious underemployment may be considered to be compatible with the internal market.
dokumendid, mis tõendavad, et käesoleva otsuse artikli 3 lõikes 4 esitatud kohandused on rakendatud.
Point (c) states that aid to facilitate the development of certain economic activities or of certain economic areas, where such aid does not adversely affect trading conditions to an extent contrary to the common interest, may also be considered to be compatible with the internal market.
Itaalia teavitab komisjoni käesoleva otsuse rakendamiseks võetud riiklike meetmete edenemisest seni, kuni artiklis 2 osutatud meetmete alusel antud abi on täielikult tagasi makstud.
As regards point (a) of Article 107(3) TFEU, undertakings active in the steel sector, like Ilva, are not eligible for regional aid pursuant to point 9 of the Guidelines on regional State aid.
Ta esitab komisjoni taotlusel viivitamata teabe käesoleva otsuse täitmiseks juba võetud ja kavandatud meetmete kohta.
Therefore, this legal basis cannot be applied to the measures under investigation.
Ta esitab ka üksikasjalikud andmed abisaajalt juba tagasi saadud abisummade ja intresside kohta.
As regards point (c) of Article 107(3) TFEU, the Commission cannot see any framework or guidelines concerning the application of Article 107(3), which could apply to the measures under assessment.
Artikkel 6
In particular, undertakings active in the steel sector, like Ilva, are not eligible for rescue and restructuring aid pursuant to point 18 of the Guidelines on State aid for rescuing and restructuring non-financial undertakings in difficulty.
Käesolev otsus on adresseeritud Itaalia Vabariigile.
Since it qualifies as an undertaking in difficulty pursuant to point 20(c) of the Guidelines on State aid for rescuing and restructuring non-financial undertakings in difficulty, Ilva is also not eligible for environmental aid pursuant to point 16 of the Guidelines on State aid for environmental protection and energy.
Brüssel, 21. detsember 2017
In light of the above, the Commission concludes that the State aid measures granted to Ilva are not compatible with the internal market.
Komisjoni nimel
Recovery of aid incompatible with the internal market
Margrethe Vestager
According to the TFEU and the settled case-law of the Court of Justice, the Commission is competent, when it has found that aid is incompatible with the internal market, to decide that the State concerned must abolish or alter it.
ELT C 142, 22.4.2016, lk 37, ja ELT C 241, 1.7.2016, lk 12.
The Court has also consistently held that the obligation on a Member State to abolish aid regarded by the Commission as being incompatible with the internal market is designed to re-establish the previously existing situation.
Vt allmärkus nr 1.
In this context, the Court has established that this aim is achieved once the recipient has repaid the amounts granted by way of unlawful aid, thus forfeiting the advantage which it had enjoyed over its competitors on the market, and the situation prior to payment of the aid is restored.
ELT C 209, 23.7.2013, lk 1.
In line with the case-law, Article 16(1) of Council Regulation (EU) 2015/1589 lays down: ‘Where negative decisions are taken in cases of unlawful aid, the Commission shall decide that the Member State concerned shall take all necessary measures to recover the aid from the beneficiary’.
konfidentsiaalne teave
Thus, given that the measures in question were implemented in violation of Article 108 of the Treaty, and are to be considered as unlawful and incompatible aid, they must be recovered in order to re-establish the situation that existed on the market prior to their granting.
Ilva ja Euroferi tootmisvõimsuse prognoosid.
Recovery should cover the time from when the advantage accrued to the beneficiary, that is to say when the aid was put at the disposal of the beneficiary, until effective recovery, and the sums to be recovered should bear interest until effective recovery.
Vastavalt esitlusele, mille Ilva erivolinikud esitasid Itaalia Saadikutekojale 10. jaanuaril 2017: http://www.gruppoilva.com/it/media/media/comunicazioni-dei-commissari.
Based on the assessment above in Sections 5.2.3 and 5.2.5, the aid element contained in measures 3 and 5 must be recovered as follows:
Vastavalt Ilva siseandmetele 2015. aasta kohta.
For measure 3, the difference between (i) the interest rate calculated as explained in recital 190 applied to the loan principal; and (ii) the total financial cost of the guaranteed loan calculated as the sum of the interest rate applied by the banks to the loan principal and the guarantee premium applied by the State, calculated and charged for the period during which the amounts were made available to Ilva.
Vt http://europa.eu/rapid/press-release_IP-14-1151_en.htm
For measures 5, the difference between (i) the interest rate calculated as explained in recital 213 applied to the loan principal; and (ii) the actual interest rate due by Ilva, calculated and charged for the period during which the amounts were made available to Ilva.
Kriminaalmenetlus nr 938/2010 R.G.
Pursuant to the principle of sincere cooperation under Article 4(3) TFEU, Italy must provide the Commission within two months from the date of notification of this Decision with the exact amount of aid granted to Ilva, taking into account, in particular, for the aid in the form of loans, the actual dates of payments or repayments as well as all other relevant circumstance reported by Italy.
Rikkumismenetlus nr 2013/2177.
In each case, the amounts to be recovered must include interest due until recovery takes place.
Septembris 2013 ja aprillis 2014.
Within the same two-month deadline, Italy must inform the Commission of the removal of future economic advantages deriving from measures 3 and 5.
Euroopa Parlamendi ja nõukogu 15. jaanuari 2008. aasta direktiiv 2008/1/EÜ saastuse kompleksse vältimise ja kontrolli kohta (ELT L 24, 29.1.2008, lk 8).
For this purpose, Italy should ensure that the relevant total financing costs and interest rates at least match, respectively, the market driven interest rates cited in recitals 190 and 213.
Euroopa Parlamendi ja nõukogu 24. novembri 2010. aasta direktiiv 2010/75/EL tööstusheidete kohta (ELT L 334, 17.12.2010, lk 17).
Any amount made available until the adjustment of the interest rates will remain aid incompatible with the internal market and as such subject to recovery, together with the recovery interest accrued until the date of recovery.
Vt Riigi Teataja nr 105, 8.5.2014, kättesaadav aadressil: http://www.gazzettaufficiale.it/eli/id/2014/05/08/14A03637/sg
CONCLUSION
Seaduseks muudetud dekreetseaduse tekst on kättesaadav aadressil: http://www.normattiva.it/uri-res/N2Ls?urn:nir:stato:decreto.legge:2015-01-05;1!vig=
The Commission finds that Italy has unlawfully implemented measures 3 and 5 referred to in Sections 2.2.3 and 2.2.5 of this Decision, in breach of Article 108(3) TFEU.
Seaduseks muudetud dekreetseaduse tekst on kättesaadav aadressil: http://www.normattiva.it/uri-res/N2Ls?urn:nir:stato:decreto.legge:2015-12-04;191!vig=
The Commission concludes that the aid element under measures 3 and 5 is incompatible with the internal market and must be recovered from the beneficiary, Ilva, together with recovery interest,
Vastavalt dekreetseaduse nr 143/2008 artikli 2 lõikele 4.
HAS ADOPTED THIS DECISION:
Selle kohta vaata lähemalt http://www.giustizia.it/giustizia/it/mg_2_9_1.wp
Article 1
Õiguslik alus kehtestati esimest korda dekreetseaduse nr 61/2013 artikli 1 lõikes 11 quinquies, mida muudeti 2013. aasta detsembris, 2014. aasta augustis ja viimati 2015. aasta märtsis.
The following measures subject to this Decision do not constitute State aid within the meaning of Article 107(1) of the Treaty on the Functioning of the European Union:
Vt http://www.ilsole24ore.com/art/notizie/2015-11-24/ilva-giudici-svizzeri-no-rientro-italia-12-miliardi-riva-171441.shtml ja http://www.repubblica.it/economia/finanza/2015/11/24/news/ilva_annullato_il_sequestro_da_un_miliardo_in_svizzera-128062132/.
the transfer of the assets in the amount of EUR 1,1 billion seized during criminal proceedings against Ilva's previous owners implemented by the private settlement agreement reached with Ilva;
Vt http://www.ilsole24ore.com/art/impresa-e-territori/2017-05-24/ilva-firmata-transazione-il-rientro-fondi-svizzera-131344.shtml
the Law Decree No 101/2013 of 11 August 2014 and its Article 12, paragraph 5, on pre-deductible loans as applied to a private EUR 250 million loan;
Vt http://www.ilsole24ore.com/art/impresa-e-territori/2014-05-12/ilva-taranto-stipendi-salvi-ma-resta-crisi-finanziaria-123429.shtml?uuid=ABUglaHB.
the settlement agreement concerning the amount of EUR 156 million reached between Fintecna and Ilva on 5 March 2015 based on Law Decree No 1/2015 from 4 March 2015.
Vt http://www.ilsole24ore.com/art/impresa-e-territori/2014-07-03/ilva-aggrappata-prestito-ponte-063934_PRV.shtml?uuid=ABpE6DXB&fromSearch.
Article 2
Vt „L'incontro di ieri a Palazzo Chigi tra rappresentanti degli istituti di credito e Governo – il sottosegretario alla presidenza, Graziano Del Rio, il ministro e il vice ministro dello Sviluppo economico, rispettivamente Federica Guidi e Claudio De Vincenti – non ha portato i segnali che l'azienda attende in modo da attenuare la propria crisi finanziaria“, nagu on teatatud http://www.ilsole24ore.com/art/notizie/2014-05-14/ilva-nessuna-concessione-un-prestito-ponte-132300.shtml?uuid=ABPqs9HB: Vt ka 2014. aasta mais avaldatud artiklit: http://www.ilsole24ore.com/art/impresa-e-territori/2014-05-12/ilva-taranto-stipendi-salvi-ma-resta-crisi-finanziaria-123429.shtml?uuid=ABUglaHB: „L'Ilva ha avanzato la richiesta ed ha avviato la trattativa con le banche che viene seguita anche dal Governo“.
The other measures subject to this Decision, unlawfully put into effect by Italy in breach of Article 108(3) of the Treaty on the Functioning of the European Union, constitute State aid incompatible with the internal market:
Seaduse nr 116/2014 artikkel 22-quater, millega muudetakse sõnastust ja muudetakse 24. juuni 2014. aasta dekreetseadus nr 91/2014 seaduseks.
the granting to Ilva, by Ministerial Decree of 30 April 2015 pursuant to Law Decree No 1/2015, of the State guarantee on a EUR 400 million loan;
Põhineb dekreetseaduse nr 61/2013 artikli 1 lõikel 1 koostoimes 3. detsembri 2012. aasta dekreetseaduse nr 207/2012 artikliga 1, mis muudeti seaduseks 24. detsembril 2012 seadusega nr 231/2012.
the granting to Ilva, by Ministerial Decree of 15 December 2015 pursuant to Law Decree No 191/2015, of a EUR 300 million State loan.
Intesa Sanpaolo S.p.A., Unicredit S.p.A. ja Banco Popolare Società Cooperativa.
Article 3
„L'organo commissariale di ILVA S.p.A. al fine della realizzazione degli investimenti necessari al risanamento ambientale, nonché di quelli destinati ad interventi a favore di ricerca, sviluppo e innovazione, formazione e occupazione, nel rispetto della normativa dell'Unione europea in materia, è autorizzato a contrarre finanziamenti per un ammontare complessivo fino a 400 milioni di euro, assistiti dalla garanzia dello Stato.
Italy shall recover the incompatible aid granted under the measures referred to in Article 2 from the beneficiary.
Il predetto finanziamento è rimborsato dall'organo commissariale in prededuzione rispetto agli altri debiti […].“
The sums to be recovered shall bear interest from the date on which they were put at the disposal of the beneficiaries until their actual recovery.
„Allo scopo di definire tempestivamente le pendenze tuttora aperte, il commissario straordinario, entro sessanta giorni dell'entrata in vigore del presente decreto, è autorizzato a sottoscrivere con FINTECNA S.p.A., in qualità di avente causa dell'IRI, un atto convenzionale di liquidazione dell'obbligazione contenuta nell'articolo 17.7 del contratto di cessione dell'ILVA Laminati Piani (oggi ILVA S.p.A.).
The interest shall be calculated on a compound basis in accordance with Chapter V of Commission Regulation (EC) No 794/2004 and to Commission Regulation (EC) No 271/2008 amending Regulation (EC) No 794/2004.
La liquidazione è determinata nell'importo di 156.000.000 di euro, ha carattere definitivo, non è soggetta ad azione revocatoria e preclude ogni azione concernente il danno ambientale generatosi, relativamente agli stabilimenti produttivi ceduti dall'IRI in sede di privatizzazione dell'ILVA Laminati Piani (oggi ILVA S.p.A.), antecedentemente al 16 marzo 1995.
Italy shall adjust all outstanding payments of aid under the measures referred to in Article 2 to the market driven terms set out in recitals 190 and 213 of this Decision, within two months from the date of notification of this Decision.
Le somme rinvenienti di detta operazione affluiscono nella contabilità ordinaria del Commissario straordinario.“
Article 4
Pressiteade on kättesaadav aadressil http://www.cdp.it/static/upload/com/0000/comunicato-n.-12-del--11-03-2015_fintecna-ilva.pdf