natgillin/translations-raw huggingface dataset:
In addition to the substantial public control demonstrated above, the Commission must underline the mandatory nature of the contributions to the FITD resources used in intervention.
Osim što je prethodno dokazala znatan javni nadzor, Komisija mora naglasiti obveznu narav doprinosa FITD-ovim sredstvima upotrijebljenima u intervenciji.
As described in Section 2.3, membership of the FITD is mandatory for Italian banks [86].
Kako je istaknuto u odjeljku 2.3, članstvo u FITD-u obvezno je za talijanske banke [86].
In that respect, the reference to the Fondo di Garanzia dei Depositanti del Credito Cooperativo (see recital 70), intended to corroborate the alleged voluntary nature of membership of the FITD, is erroneous, since under the Banking Act [87] Italian mutual banks are required to establish a distinct deposit guarantee scheme within their own network: as a consequence, mutual banks cannot be members of the FITD, and conversely, non-mutual banks cannot be members of the Fondo di Garanzia dei Depositanti del Credito Cooperativo and must be members of the FITD.
U tom smislu, pogrešno je upućivanje na fond Fondo di Garanzia dei Depositanti del Credito Cooperativo (vidjeti uvodnu izjavu 70.), kojim se htjelo potkrijepiti navodnu dobrovoljnu narav članstva u FITD-u jer su na temelju Zakona o bankama [87] talijanske zadružne banke dužne u okviru vlastite mreže uspostaviti različit sustav osiguranja depozita: posljedično, zadružne banke ne mogu biti članice FITD-a, a banke koje nisu zadružne ne mogu biti članice fonda Fondo di Garanzia dei Depositanti del Credito Cooperativo i moraju biti članice FITD-a.
Hence the provision of the FITD's constitution [88] allowing member banks to withdraw their membership, which has been highlighted by the interested parties in their comments (see recital 70), is a mere theoretical possibility that cannot be put into effect, since those banks cannot become members of any other recognised deposit guarantee scheme.
Stoga je odredba iz FITD-ova statuta [88] kojom se bankama članicama dopušta povlačenje iz članstva, a koju su zainteresirane strane u svojim primjedbama naglasile (vidjeti uvodnu izjavu 70.), puka teoretska mogućnost koja se ne može provesti jer te banke ne mogu postati članice ni jednog drugog priznatog sustava osiguranja depozita.
Moreover, the decision to take support measures is taken by the governing bodies of the FITD.
Štoviše, odluku o mjerama podrške donijela su FITD-ova upravljačka tijela.
Regardless of their individual interests, member banks can neither veto such a decision nor opt out of the measures [89], and have to contribute to the funding of the action decided.
Bez obzira na njihove pojedinačne interese, banke članice ne mogu uložiti veto na takvu odluku niti se mogu izuzeti od mjera [89] te moraju pridonijeti financiranju djelovanja koje je predmet odluke.
The fact that such resources are not recorded on the FITD's balance sheet, but in separate accounts, is a mere formality, since the resources are managed directly by the FITD.
Činjenica da ta sredstva nisu zabilježena u FITD-ovoj bilanci, nego na zasebnim računima, samo je formalnost jer sredstvima upravlja izravno FITD.
This leads the Commission to conclude that the intervention is imputable to the FITD and not to its members, and that the resources used to take measures are the FITD's resources and not the member banks' own.
Komisija je na temelju toga zaključila da je intervencija pripisiva FITD-u, a ne njegovim članicama, te da su za poduzimanje mjera iskorištena FITD-ova sredstva, a ne vlastita sredstva banaka članica.
Therefore, since both membership of the FITD and contributions to support measures decided by the FITD are mandatory, the Commission concludes that in order to operate as a non-mutual bank in Italy it is mandatory under Italian law to contribute to the costs of FITD's support measures.
S obzirom na to da su i članstvo u FITD-u i doprinosi mjerama podrške o kojima je FITD odlučio obvezni, Komisija zaključuje da je, na temelju talijanskog prava, banka koja nije zadružna, a koja želi poslovati u Italiji obvezna pridonositi troškovima FITD-ovih mjera podrške.
The resources used to finance such support measures are clearly required, managed and apportioned according to the law and other public rules, and consequently have a public character.
Jasno je da se sredstva za financiranje takvih mjera zahtijevaju, dodjeljuju i da se njima upravlja u skladu sa zakonima i drugim javnim propisima te su ona stoga javne prirode.
Accordingly, the Commission concludes that in the case at issue, both in principle and in practice, the Italian authorities exercise constant control of compliance in the use of the FITD's resources with public objectives, and influence the use of those resources by the FITD.
U skladu s tim, Komisija zaključuje da u predmetnom slučaju talijanska nadležna tijela u načelu i u praksi stalno nadziru usklađenost korištenja FITD-ovih sredstava s javnim ciljevima i utječu na FITD-ovu upotrebu tih sredstava.
In particular, given that the public authorities have the formal powers both to request intervention and to approve the substance of the action taken with respect to compliance with the public mandate (recital 126), the Commission concludes that the role of the Banca d'Italia cannot be considered as limited to a purely informative step or a mere formal check of validity and lawfulness [90].
Konkretno, s obzirom na to da su tijela javne vlasti službeno ovlaštena zahtijevati intervenciju i odobriti suštinu djelovanja u pogledu usklađenosti s javnim ovlastima (uvodna izjava 126.), Komisija zaključuje da se ne može smatrati da je uloga Banke Italije ograničena samo na informiranje ili na isključivo formalnu provjeru valjanosti i zakonitosti [90].
In particular, the Court of Justice pointed out in Doux Élevage that the mandatory nature of the levies in that case was not dependent upon ‘the pursuit of political objectives which are specific, fixed and defined by the public authorities’.
Točnije, Sud je u presudi u predmetu Doux Élevage naglasio da obvezujuća priroda pristojbi u tom predmetu nije ovisila o „ostvarenju konkretnih političkih ciljeva koje su utvrdila i definirala tijela javne vlasti”.
But the FITD's actions are indeed dependent upon public objectives that are specific, fixed and defined by the public authorities, and controlled by them, notably the policy objectives of protecting depositors.
No FITD-ovo djelovanje ovisi o konkretnim političkim ciljevima koje su utvrdila i definirala tijela javne vlasti, koja ih i nadziru, a posebno ciljevima politike zaštite deponenata.
The measures at issue are under the supervision of the Banca d'Italia, and consequently they are supervised among other things in the light of the objectives of the Banca d'Italia, including the preservation of the stability of the financial system.
Predmetne mjere podliježu nadzoru Banke Italije te su, posljedično, među ostalim, predmet nadzora u svjetlu ciljeva Banke Italije, uključujući očuvanje stabilnosti financijskog sustava.
Here, the following facts need to be recalled:
Ovdje je potrebno podsjetiti na sljedeće činjenice:
the importance of the Banca d'Italia's role in ensuring the stability of the Italian banking system and protecting depositors;
važnost uloge Banke Italije za osiguranje stabilnosti talijanskog bankarskog sustava i zaštitu deponenata;
the extensive powers that the Banca d'Italia can exercise to ensure that the FITD takes account of those requirements.
opsežne ovlasti koje Banka Italije može izvršavati kako bi osigurala da FITD vodi računa o tim zahtjevima.
The factors referred to in recitals 127 to 131 above (legislation that makes the organisation subject to tight control, and effective coordination by the Banca d'Italia in order to ensure that the FITD contributes to the achievement of major public objectives) show that the FITD enjoys an exceptional legal status compared to normal private consortia under Italian law, and that its purpose, witnessed by its public mandate, extends clearly beyond, for instance, that of the CIDEF [91], which was assessed in the Doux Élevage judgment.
Čimbenici iz prethodnih uvodnih izjava 127. do 131. (zakonodavstvo zbog kojeg je organizacija predmet strogog nadzora i stvarna koordinacija koju Banka Italije provodi kako bi se osigurao doprinos FITD-a ostvarenju glavnih javnih ciljeva) pokazuju da FITD, u usporedbi s običnim privatnim konzorcijima na temelju talijanskog prava, uživa izvanredan pravni status te da je njegova svrha, o čemu svjedoče i njegove javne ovlasti, opširnija od, primjerice, svrhe CIDEF-a [91], koja je ocijenjena u presudi u predmetu Doux Élevage.
Such an exceptional status is a valid indicator of imputability under the Stardust Marine test.
Takav izvanredan status valjan je pokazatelj pripisivosti mjere državi u skladu s testom iz predmeta Stardust Marine.
In view of the factors mentioned above, the content, compass and object of the measures show how unlikely it is that the public authorities should have no hand in their adoption.
U pogledu prethodno navedenih čimbenika, sadržaj, opseg i predmet mjera pokazuju da nije vjerojatno da tijela javne vlasti nemaju utjecaja na njihovo donošenje.
Not only did the measures confer a competitive advantage on an undertaking, they prevented it from failing altogether, thanks to public support provided through measures 1, 2 and 3 described in recital 38, in order to protect depositors and the stability of the Italian banking system.
Mjere ne samo da predstavljaju konkurentsku prednost za neko poduzeće, nego je njima spriječena njegova propast i to zahvaljujući javnoj podršci osiguranoj prvom, drugom i trećom mjerom, koje su opisane u uvodnoj izjavi 38., u cilju zaštite deponenata i stabilnosti talijanskog bankarskog sustava.
The Commission accordingly considers that there is sufficient evidence to show that the measure is imputable to the State and financed through public resources.
Komisija stoga smatra da ima dovoljno dokaza o tome da je mjera pripisiva državi te da je financirana javnim sredstvima.
Even if some of the factors to which the Commission has given weight, taken individually, did not by themselves suffice to justify the conclusion that the measures were imputable to the State, it is plain from recitals 118 to 144 that taken together the evidence considered there demonstrates that the measures assessed by the Commission show the imputability to the State of FITD's action.
Čak i ako, uzeti pojedinačno, neki čimbenici koje Komisija smatra važnima nisu dovoljni za obrazloženje zaključka da su mjere pripisive državi, iz uvodnih izjava 118. do 144. jasno je da dokazi razmatrani u njima, uzeti zajedno, pokazuju da mjere koje je Komisija ocijenila upućuju na to da je FITD-ovo djelovanje pripisivo državi.
Regarding the comments put forward by Italy and the interested parties in relation to the Commission decision on the aid to Banco di Sicilia and Sicilcassa, it should first be recalled that the existence of State aid is an objective concept and cannot be determined on the basis of an alleged practice adopted by the Commission in its decisions, even if such a practice were to be demonstrated.
U pogledu primjedaba Italije i zainteresiranih strana u vezi s odlukom Komisije o potpori bankama Banco di Sicilia i Sicilcassa, najprije bi trebalo podsjetiti na to da je postojanje državne potpore objektivan koncept te da ga nije moguće utvrditi na temelju navodne prakse koju je Komisija donijela u svojim odlukama, čak i kada bi se takva praksa mogla dokazati.
In addition, the Commission points out that at the time when the support measures for Tercas were approved, by contrast with 1999, the Commission had already developed and published in considerable detail the conditions under which support from a deposit guarantee scheme constitutes State aid.
Osim toga, Komisija ističe da je u trenutku odobrenja mjera podrške za Tercas, za razliku od 1999., Komisija već bila razradila i objavila detaljne uvjete u skladu s kojima podrška sustavu osiguranja depozita predstavlja državnu potporu.
Moreover, at the time of the Sicilcassa decision the Commission had not adapted its own assessment of imputability in the light of the findings of the Union law courts in Stardust Marine and subsequent rulings.
Štoviše, u trenutku donošenja odluke o banci Sicilcassa, Komisija nije bila prilagodila svoju ocjenu pripisivosti državi u svjetlu zaključaka sudova Unije u presudi u predmetu Stardust Marine i naknadnim presudama.
Contrary to the arguments put forward by Italy and the interested parties, the Commission's practice in its decisions with regard to intervention by deposit guarantee schemes [92] provides ample indication that the action taken by the FITD is in the nature of State aid.
Suprotno argumentima Italije i zainteresiranih strana, postupanje Komisije u njezinim odlukama o intervenciji sustava osiguranja depozita [92] sadržava dostatne naznake o tome da je djelovanje FITD-a po svojoj prirodi državna potpora.
In light of the above, the Sicilcassa decision provides no grounds for invoking legitimate expectations on the part of Italy and the interested parties.
U svjetlu prethodno navedenog, u odluci o banci Sicilcassa nema osnove za navođenje legitimnih očekivanja Italije i zainteresiranih strana.
Selective advantage distorting competition and affecting trade between Member States
Selektivna prednost kojom se narušava tržišno natjecanje i koja utječe na trgovinu među državama članicama
The support measures taken by the FITD conferred a selective advantage on Tercas, and the FITD was not acting in the capacity of an operator in a market economy.
FITD-ove mjere podrške predstavljaju selektivnu prednost za Tercas, a FITD nije djelovao u svojstvu subjekta u tržišnom gospodarstvu.
Measures 1, 2 and 3, for which there is no expectation or possibility of any return, are not measures that would be taken by a market economy operator.
Prva, druga i treća mjera, u okviru kojih nije bilo očekivanja ni mogućnosti povrata, nisu mjere koje bi poduzeo subjekt u tržišnom gospodarstvu.
They show that the FITD was acting not as a market economy operator but as a body fulfilling a public mandate [93].
One ukazuju na to da FITD nije djelovao kao subjekt u tržišnom gospodarstvu, nego kao tijelo koje izvršava javne ovlasti [93].
All three measures are grants of assistance without any fee, remuneration or associated return, whose combined effect was that Tercas did not exit the market as it would likely have done in the absence of such support, and which thereby conferred a selective advantage on Tercas.
Svim trima mjerama dodijeljena je pomoć bez ikakve pristojbe, naknade ili s njima povezanog povrata i njihov je zajednički učinak bio taj da Tercas nije izašao s tržišta, što bi se bez takve podrške vjerojatno dogodilo, te one stoga predstavljaju selektivnu prednost za Tercas.
Even if it were to be accepted that the measures ought to be assessed in the light of the conduct of a comparably situated market economy operator, it would in any event be for the Member State concerned to furnish the Commission with objective and verifiable evidence to show that the decision was based on a prior economic assessment, comparable to the assessment that might be carried out by a rational private operator in a similar situation in order to determine the future profitability of the measure.
Čak i kada bi se prihvatilo da je mjere potrebno ocijeniti u svjetlu postupanja usporedivog subjekta u tržišnom gospodarstvu, na dotičnoj bi državi članici u svakom slučaju bilo da dostavi Komisiji objektivne i provjerljive dokaze o tome da je odluka utemeljena na prethodnoj gospodarskoj procjeni koju je moguće usporediti s procjenom koju bi u sličnoj situaciji proveo racionalan privatni subjekt radi utvrđenja buduće isplativosti mjere.
In the case at hand, no evidence has been supplied to the Commission to demonstrate that the FITD demanded a business plan or a calculation of the return on the capital invested, which are fundamental requirements for any investment decision on the part of a private operator.
Komisiji u predmetnom slučaju nisu dostavljeni dokazi o tome da je FITD zatražio poslovni plan ili izračun povrata uloženog kapitala, što su temeljni zahtjevi za odluku privatnog subjekta o bilo kojem ulaganju.
Italy and the interested parties claim that those measures were in fact compliant with the principle of the operator in a market economy [94], in particular because the action enabled the FITD to limit costs to which it would otherwise have been exposed, namely the costs to the FITD of reimbursing depositors at the stage of compulsory administrative winding up of Tercas.
Italija i zainteresirane strane tvrde da su te mjere bile u skladu s načelom subjekta u tržišnom gospodarstvu [94], posebno zbog toga što je djelovanjem FITD-u omogućeno ograničenje troškova kojima bi u protivnom bio izložen, odnosno FITD-ovih troškova plaćanja naknade deponentima u fazi obvezne administrativne likvidacije Tercasa.
The interested parties claim further that the actions of the FITD are within the sphere of the private autonomy of the member banks.
Zainteresirane strane nadalje tvrde da FITD-ovo djelovanje spada u sferu privatne autonomije banaka članica.
The Commission takes the view that the measures are clearly imputable to the FITD, which is controlled by the public authorities (see the assessment in recitals 134 to 136), and not to the member banks.
Komisija je mišljenja da su mjere jasno pripisive FITD-u koji nadziru tijela javne vlasti (vidjeti ocjenu u uvodnim izjavama 134. do 136.), a ne bankama članicama.
Any comparison with action taken by the FITD before the member banks were legally bound to belong to it are irrelevant, in view of the fact that member banks now have no way of opting out of particular measures, as explained in recitals 134 and 135.
Nebitna je svaka usporedba s FITD-ovim djelovanjem dok banke članice još nisu bile zakonski obvezane na pristupanje FITD-u i to zbog činjenice da banke sada ni na koji način ne mogu biti izuzete od određenih mjera, kako je objašnjeno u uvodnim izjavama 134. i 135.
This is aggravated by the mechanism by which the FITD decides such measures, as described in recital 36, which is skewed in favour of large banks [95] in such a way that decisions to intervene can be taken against the will of the majority of the member banks.
To je naglašeno i načinom FITD-ova odlučivanja o takvim mjerama, kako je navedeno u uvodnoj izjavi 36., a koji naginje u korist velikih banaka [95], tako da odluke o intervenciji mogu biti donesene protivno volji većine banaka članica.
The costs in question thus arise from obligations imposed on the FITD as a deposit guarantee scheme acting under a public mandate to protect depositors.
Predmetni troškovi tako nastaju na temelju obveza nametnutih FITD-u kao sustavu osiguranja depozita koji djeluje u skladu s javnim ovlastima u cilju zaštite deponenata.
No market economy operator would have to fulfil the obligations deriving from a public mandate, such as the obligation to reimburse depositors in the event of a liquidation of Tercas.
Nijedan subjekt u tržišnom gospodarstvu ne bi morao ispunjavati obveze koje proizlaze iz javnih ovlasti, kao što je obveza plaćanja naknade deponentima u slučaju likvidacije Tercasa.
According to established case-law, obligations incurred under a public mandate cannot be taken into account in the application of the market economy operator principle [96].
U skladu s ustaljenom sudskom praksom, obveze koje proizlaze iz javnih ovlasti ne uzimaju se u obzir pri primjeni načela subjekta u tržišnom gospodarstvu [96].
Leaving aside the obligations incurred under the FITD's public mandate, therefore, the Commission concludes that none of the three measures would have been adopted by a market economy operator.
Ne uzimajući u obzir obveze koje proizlaze iz FITD-ovih javnih ovlasti, Komisija zaključuje da subjekt u tržišnom gospodarstvu ne bi donio ni jednu od triju navedenih mjera.
The absence of a business plan and any prospect of any return on investment whatsoever is fundamental to that assessment, and cannot but confirm the conclusion.
Nedostatak poslovnog plana i izgleda za povrat ulaganja od temeljne je važnosti za tu ocjenu i samo potvrđuje zaključak.
Finally, BPB and Tercas contend that the action taken by the FITD can be considered to be concurrent with the contribution of BPB as a private operator.
Konačno, BPB i Tercas navode da se FITD-ovo djelovanje može smatrati istodobnim s doprinosom BPB-a kao privatnog subjekta.
The Commission points out that concurrent investment of this kind must be on fully equal conditions for the private and the public co-investors.
Komisija ističe da istodobno ulaganje te vrste mora biti pod potpuno jednakim uvjetima kao za privatne i javne suulagače.
That condition is clearly not fulfilled here.
Jasno je da taj uvjet u ovom slučaju nije ispunjen.
BPB obtained full ownership of Tercas, whereas the FITD received no return on its investment.
BPB je stekao vlasništvo nad Tercasom, dok Tercas nije ostvario povrat svojeg ulaganja.
For the reasons set out in recitals 149 to 156, the measures taken by the FITD in favour of Tercas provided Tercas with an advantage, namely a non-repayable contribution to cover its negative equity, an unremunerated guarantee on some credit exposures towards […], and a conditional non-repayable contribution if needed in order to shield Tercas from part of its tax liabilities under the then applicable income tax rules.
Zbog razloga navedenih u uvodnim izjavama 149. do 156., Tercasu je FITD-ovim mjerama u njegovu korist osigurana prednost, odnosno bespovratni doprinos radi pokrića njegova negativnog kapitala, jamstvo bez naknade za neke kreditne izloženosti prema […] te uvjetni bespovratni doprinos, prema potrebi, radi zaštite Tercasa od dijela njegovih poreznih obveza u skladu s tada važećim propisima o porezu na dobit.
Taken together those measures prevented Tercas's exit from the market.
Zahvaljujući svim tim mjerama spriječen je Tercasov izlazak s tržišta.
Tercas would not have benefited from those measures under normal market conditions.
Tercas ne bi ostvario korist od tih mjera u uobičajenim tržišnim uvjetima.
The Commission is of the opinion that the measures at issue are selective, because they relate to Tercas only.
Komisija je mišljenja da su predmetne mjere selektivne jer se odnose samo na Tercas.
Such support measures are available only to banks in special administration, and only on a case-by-case basis.
Takve mjere podrške dostupne su samo bankama pod posebnom upravom i samo u pojedinačnim slučajevima.
The Commission consequently takes the view that the measures assessed in this Decision were aimed at Tercas specifically and exclusively, in order to prevent its exit from the market, and were therefore selective.
Komisija stoga smatra da su mjere procijenjene u ovoj odluci bile posebno i isključivo namijenjene Tercasu kako bi se spriječio njegov izlazak s tržišta te da su stoga selektivne.
Finally, the advantages conferred on Tercas by the FITD action distort competition by preventing the failure and market exit of Tercas.
Naposljetku, prednosti dodijeljene Tercasu FITD-ovim djelovanjem narušavaju tržišno natjecanje sprječavanjem propasti Tercasa i njegova izlaska s tržišta.
Tercas is in competition with foreign undertakings, so that trade between Member States is affected.
Tercas se natječe sa stranim poduzetnicima, tako da to utječe na trgovinu među državama članicama.
Regarding measure 1, the grant of EUR 265 million took the legal form of a non-repayable contribution to cover Tercas's negative equity without any element of remuneration.
U pogledu prve mjere, bespovratna sredstva u iznosu od 265 milijuna EUR imala su pravni oblik nepovratnog doprinosa radi pokrića Tercasova negativnog kapitala bez ijednog elementa naknade.
The Commission considers the aid component to be the full amount of EUR 265 million.
Komisija smatra da je komponenta potpore cjelokupni iznos od 265 milijuna EUR.