natgillin/translations-raw huggingface dataset:
Furthermore, the Commission cannot agree with the Portuguese authorities that the authorisation for the debt rescheduling and for the waiver of fines and interest was given within the framework of a general system applicable to all undertakings in a similar situation on the basis of Decree-Law No 411/91 and therefore did not confer a specific advantage on RTP.
Razen tega se Komisija strinja s portugalskimi organi oblasti, da je bilo dovoljenje za prerazporeditev dolga in odpoved globam in obrestim dano v okviru splošnega sistema, ki se uporablja za vsa podjetja v podobnih situacijah, na osnovi Uredbe z zakonsko močjo št. 411/91 in zato RTP ni podelilo posebne ugodnosti.
Without prejudging the selective or general nature of such a scheme, the purpose of the present decision is to determine whether the application of the scheme to RTP was selective.
Da ne bi vnaprej obsodili selektivno ali splošno naravo takšne sheme je cilj sedanje odločitve ugotoviti ali je bila uporaba sheme selektivna.
In order to prove that the rescheduling is indispensable to ensure the viability of the company, Decree-Law No 411/91 requires a financial/economic study to be carried out.
Uredba z zakonsko močjo št. 411/91 zahteva izvedbo finančno/ekonomske študije, da se ugotovi, da je prerazporeditev neobhodno potrebna za zagotovitev družbine sposobnosti za življenje.
RTP never carried out such a study of its viability pursuant to Article 2(3) of Decree-Law No 411/91.
RTP ni nikoli izvedel takšne študije svoje sposobnosti za življenje v skladu s členom 2(3) Uredbe z zakonsko močjo št. 411/91.
Furthermore, the condition laid down in Article 2(1)(d) was not applicable to RTP as the debt regularisation did not follow state intervention.
Razen tega se pogoj, določen v členu 2(1)(d) ni uporabljal za RTP, ker reguliranje dolga ni sledilo državni intervenciji.
The Commission does not agree with the Portuguese authorities, which claim that the history of state intervention affected the operation of the debtor enterprise and that RTP was governed by statutory rules at the time of the state intervention.
Komisija se ne strinja s portugalskimi organi oblasti, ki zatrjujejo, da je zgodovina državne intervencije vplivala na delovanje dolžniškega podjetja in da so RTP v času državne intervencije upravljala statutarna pravila.
Although RTP was subject to a special management regime in 1977 [66], this regime came to an end with the adoption of the 1980 statutes, whereas the debt to the social security scheme was built up in the period 1983 to 1989.
Čeprav je bila RTP v letu 1977 subjekt posebnega režima upravljanja [66] se je ta režim končal s sprejemom statuta v letu 1980, medtem ko se je shema socialne varnosti vzpostavila v obdobju 1983-1989.
The Commission considers that the debt regularisation for RTP cannot be considered part of a general regime under Law No 411/91 as RTP did not meet the criteria laid down in this Law for such authorisation.
Komisija smatra, da se reguliranje dolga za RTP ne more upoštevati kot del splošnega režima v skladu z Zakonom št. 411/91, ker RTP ni izpolnjeval meril, ki jih ta zakon določa za takšno dovoljenje.
Therefore, the measure was applied in a selective manner to RTP.
Zato se je pri RTP ukrep uporabil na selektiven način.
Furthermore, by granting the debt rescheduling, the State should have acted like a public or private creditor that seeks to recover sums due to it and, to that end, concludes debt rescheduling agreements to facilitate payment [67].
Razen tega bi morala država z odobritvijo prerazporeditve dolga ravnati kot javni ali zasebni upnik, ki skuša povrniti zapadle vsote in ki sklepa pogodbe o prerazporeditvi dolga zato, da pospeši plačilo [67].
The rate of default interest applied by the State should be equal to the rate a private creditor would apply in similar circumstances.
Stopnja zamudnih obresti, ki jih je uporabila država bi morala biti enaka stopnji, ki jo bi uporabil zasebni upnik v enakih okoliščinah.
The Commission considers that a private creditor that pursued the recovery of the debt by legal means would obtain at least the statutory interest rate.
Komisija meni, da bi zasebni upnik, ki bi zasledoval povračilo dolga s pravnimi sredstvi dobil vsaj statutorno obrestno mero.
Therefore, by not requiring any interest payments at all, despite available enforcement mechanisms, the Portuguese authorities did not act like a private creditor would have done in order to maximise the rate of interest.
Iz tega razloga portugalski organi oblasti niso ravnali tako, kot bi ravnal zasebni upnik, v smislu povečanja obrestne mere, ker sploh niso zahtevali nobenih plačil obresti, kljub razpoložljivim izvršilnim mehanizmom.
Furthermore, the debt with the social security scheme built up in the period 1983 to 1989 and a rescheduling arrangement was agreed only in 1993.
Razen tega se je dolg s shemo socialne varnosti v obdobju 1983-1989 povečeval in šele v letu 1993 je bila dogovorjena pogodba o prerazporeditvi.
Under the same conditions a private creditor would not have allowed a similar accumulation of outstanding debt over such a long period without initiating collection procedures.
Zasebni upnik pod istimi pogoji ne bi dovolil podobno kopičenje zapadlega dolga skozi tako dolgo obdobje brez, da bi sprožil postopke za povračilo.
Therefore, it seems that the measure conferred a specific advantage on RTP.
Iz tega razloga je videti, da je ukrep RTP podelil posebno ugodnost.
As regards the payments for the hiving-off of the television signals network, the Commission cannot take into account the comments of third parties that question the calculation of the value of the broadcasting network.
Komisija glede plačil za odcepitev omrežja televizijskih signalov ne more upoštevati pripombe tretjih strank, ki dvomijo v izračun vrednosti radiofuzijskega omrežja.
The Commission already concluded in its decision of 2 October 1996 on the financing of RTP that the price paid by the State to RTP for the network represented the market value and did not constitute state aid [68].
Komisija je s svojo odločitvijo 2. oktobra 1996 že odločila o financiranju RTP in sicer da je cena, ki jo je država plačala RTP za omrežje predstavljala tržno vrednost in ni predstavljala državne pomoči [68].
This conclusion was not contested by SIC before the Court of First Instance [69].
SIC to odločitev pred sodiščem prve stopnje ni izpodbijal [69].
Furthermore, the Commission does not agree with the comments to the effect that the compensation is not justified because the television network has been built with the help of state financing.
Komisija se poleg tega ne strinja s pripombami, da kompenzacija ni upravičena, ker je bilo televizijsko omrežje ustanovljeno s pomočjo državnega financiranja.
It considers that the function of the State as an investor should not be confused with its function as a public authority.
Upošteva, da se funkcija države, kot investitorja ne sme mešati s funkcijo javnega organa.
Although the State is the sole owner of RTP and became the sole owner of TDP, the two companies should, for transparency reasons, be legally and financially independent.
Četudi je država edini lastnik RTP in je postala edini lastnik TDP bi morale biti ti dve družbi pravno in finančno neodvisni iz razlogov preglednosti.
The network was part of the assets of RTP.
Omrežje je bilo del premoženja RTP.
Therefore, the compensation granted by the State to the public company RTP in respect of the market value of the network, which it had decided to split off from the assets of RTP, does not confer any financial advantage on RTP as the compensation matched the real value of those assets.
Iz tega razloga kompenzacija, ki jo je odobrila država javni družbi RTP z ozirom na tržno vrednost omrežja, ki se je odločilo odcepiti od premoženja RTP, ne podeljuje RTP nobene finančne ugodnosti, ker kompenzacija ustreza realni vrednosti tega premoženja.
And so, the measure does not confer an advantage on RTP and does not, therefore, constitute state aid within the meaning of Article 87(1) of the EC Treaty.
Tako ukrep ne podeljuje nobene ugodnosti RTP in iz tega razloga ne predstavlja državne pomoči v smislu člena 87(1) Pogodbe ES.
After considering the comments from third parties and the Portuguese authorities, the Commission concludes that the capital increases in the period 1994 to 1997 provided a financial advantage for RTP.
Komisija je po presoji pripomb tretjih strank in portugalskih organov oblasti ugotovila, da so dokapitalizacije v obdobju 1994-1997 zagotovile RTP finančno korist.
As can be seen from Table 3, considering the weak financial position of RTP in the period when the capital increases were made, no private investor would have injected capital into the company as no normal return could be expected from the company within a reasonable time.
Kot je mogoče videti v tabeli 3 in ob upoštevanju slabega finančnega položaja RTP v obdobju, ko so se izvedle dokapitalizacije, noben zasebni vlagatelj ne bi vložil kapital v družbo, pri kateri v razumnem času ne bi bilo mogoče pričakovati nobenega normalnega dohodka.
In fact, despite the capital injections, the financial position of RTP deteriorated.
Kljub dokapitalizacijam se je finančni položaj RTP dejansko poslabšal.
Neither the Portuguese authorities nor third parties alleged that the Portuguese State acted as a private investor when injecting capital into the company.
Niti portugalski organi oblasti, kot tudi tretje stranke niso navedli, da je portugalska država z vložitvijo kapitala v družbo ravnala kot zasebni investitor.
The Commission does not agree with the Portuguese authorities that the loan granted in 1998 was in conformity with market conditions.
Komisija se ne strinja s portugalskimi organi oblasti, da je bilo posojilo, odobreno v letu 1998 v skladu s tržnimi pogoji.
For the loan not to constitute state aid, the conditions attached to it (the security sought and the interest rate) should reflect the inherent risk of lending to an undertaking [70].
Da posojilo ne bi predstavljajo državne pomoči bi priloženi pogoji (iskanje zavarovanja in obrestna mera) morali izkazovati pripadajoče tveganje posojanja podjetju [70].
The risk and subsequently the interest rate are higher when a company is in an economic and financial situation the soundness of which is below the level at which a financial institution would lend to it.
Ko se družba nahaja v gospodarskem in finančnem položaju, katerega solventnost je pod ravnjo, da bi finančna ustanova posodila denar sta tveganje in posledično obrestna mera višji.
As can be seen from Table 3, at the time the loan was agreed, RTP was in severe financial difficulties to the extent that its debts exceeded the value of its assets and net equity was negative.
Kot je mogoče videti iz tabele 3 je bil RTP v času, ko je bilo posojilo dogovorjeno v hudih finančnih težavah in sicer v takšni meri, da so njegovi dolgovi presegli vrednost njegovega premoženja in neto osnovni kapital je bil negativen.
Technically, the company was bankrupt.
Tehnično je družba bankrotirala.
Firstly, it should be borne in mind that the loan was a subordinated loan, i.e. it had no asset-based security and, in the case of bankruptcy, it ranked for repayment purposes after all creditors but before shareholders.
Prvič se mora upoštevati, da je bilo posojilo hibridni instrument, namreč ni imelo zavarovanja, ki temelji na premoženju in v primeru stečaja je bilo v vrsti poplačila za vsemi upniki, vendar pred delničarji.
The absence of appropriate asset-based security was a clear indication that the loan was not granted at market conditions and that aid was involved.
Odsotnost ustreznega zavarovanja, ki temelji na premoženju je bila jasna indikacija, da se posojilo ni odobrilo v skladu s tržnimi pogoji in da je bil vpletena pomoč.
In view of the technical bankruptcy of RTP at the time the loan was granted, no financial institution would have granted a subordinated loan to the company as there was little likelihood of RTP being able to repay it.
Nobena finančna ustanova ne bi v času odobritve posojila glede na tehnični bankrot RTP odobrila družbi hibridni instrument, ker je bila majhna verjetnost, da bo RTP lahko posojilo vrnil.
Indeed, the loan was not granted by a private financial institution but by the Public Debt Stabilisation Fund.
V resnici je posojilo odobrila zasebna finančna ustanova, vendar s strani Sklada za stabilizacijo javnega dolga.
Secondly, it can be argued that the interest rate applied to the loan clearly does not reflect its intrinsic risk.
Drugič se lahko dokaže, da obrestna mera, uporabljena pri posojilu ne odraža jasno svojega pravega tveganja.
Not only is it below the reference rate that the Commission normally uses to calculate the aid element in interest subsidy schemes for loans [71], but also a normal market operator would require, on the top of sound guarantees, an interest rate that compensated for such a high risk of non-repayment.
Ne samo, da je pod referenčno mero, ki jo ponavadi uporablja Komisija za izračun elementa pomoči pri shemah obrestnih subvencij za posojila [71], temveč bi tudi običajen tržni operater poleg trdnih garancij zahteval obrestno mero, ki bi nadomestila tako visoko tveganje neplačila.
Given that its financial position was such that RTP would not have been able to obtain a subordinated loan under normal circumstances, the loan effectively equates to the payment of a grant and constitutes an advantage for RTP.
Glede na to, da je bil finančni položaj RTP takšen, da v normalnih okoliščinah ne bi mogel pridobiti odvisnega posojila, posojilo učinkovito izenačuje plačilo podpore in predstavlja za RTP določeno korist.
Accordingly, the Commission considers that the debt rescheduling with the social security scheme, the capital injections in the period 1994 to 1997 and the loan granted in 1998 provided a financial and economic advantage as compared with competitors that did not receive the same funds.
Glede na to Komisija smatra, da prerazporeditev dolga s shemo socialne varnosti, dokapitalizacije v obdobju 1994-1997 in posojilo, odobreno v letu 1998 predstavljajo finančno in gospodarsko korist, v primerjavi s konkurenti, ki istih denarnih sredstev niso prejeli.
Distortion of competition
Izkrivljenje konkurence
Since the Portuguese television market was open to competition by 1992 at the latest, there were competitors on the market during the period that RTP benefited from the different measures.
Ker je bil portugalski televizijski trg odprt najkasneje do leta 1992 so bili v času, ko je RTP iz različnih ukrepov prejel korist na trgu konkurenti.
In February 1992 broadcasting licences were granted to the commercial broadcasters SIC and TVI and in October 1992 SIC started broadcasting in Portugal.
V februarju 1992 sta bili SIC in TVI odobreni radiofuzijski dovoljenji in v oktobru 1992 je SIC na Portugalskem pričel z oddajanjem televizijskega programa.
The Commission does not agree with the Portuguese authorities that the agreement on the debt with the social security scheme would fall outside the concept of state aid, as the debt itself had been created before the Portuguese broadcasting market was opened up to competition.
Komisija se ne strinja s portugalskimi organi oblasti, da pogodba o dolgu s shemo socialne varnosti ne spada v obseg državne pomoči, ker je dolg nastal preden se je portugalski radiofuzijski trg odprl za konkurenco.
The financial advantage was granted to RTP in May 1993 after the opening-up of the broadcasting market and was therefore able to confer an economic advantage on RTP.
Finančna ugodnost je bila odobrena RTP v maju 1993, po odprtju radiofuzijskega trga in je zato lahko RTP zagotovila finančno korist.
Accordingly, the Commission concludes that the measures granted by the State were able to confer an economic and financial advantage on RTP compared with competitors not receiving the same funds and thereby to distort competition within the meaning of Article 87(1).
Komisija glede na to ugotavlja, da so ukrepi, odobreni s strani države lahko podelili RTP gospodarsko in finančno prednost v primerjavi s konkurenti, ki niso prejeli istih denarnih sredstev in tako izkrivili konkurenco v skladu s pomenom člena 87(1).
Effect on trade between Member States
Vpliv na trgovino med državami članicami
State measures fall within the scope of Article 87(1) in so far as they affect trade between Member States.
Državni ukrepi spadajo v obseg člena 87(1) in v tej meri vplivajo na trgovino med državami članicami.
This is the case whenever the activities in question are subject to intra-Community trade.
To je v primeru, kadar koli so sporne dejavnosti predmet notranje trgovine Skupnosti.
In the present case, the beneficiary RTP is itself active on the international market.
V obstoječem primeru je upravičenec RTP sam aktiven na mednarodnem trgu.
Indeed, through the European Broadcasting Union it exchanges television programmes and participates in the Eurovision system [72].
Dejansko preko Evropske radiofuzijske unije izmenjuje televizijske programe in je udeležen v sistemu Evrovizije [72].
Furthermore, RTP is in direct competition with commercial broadcasters that are active on the international broadcasting market and have an international ownership structure [73].
Razen tega je RTP v neposredni konkurenci z zasebnimi izdajatelji televizijskega programa, ki so aktivne na mednarodnem radiofuzijskem trgu in imajo mednarodno strukturo lastništva [73].
Accordingly, it can be concluded that the measures granted to RTP affect trade between Member States within the meaning of Article 87(1).
Glede na to se lahko ugotovi, da so odobreni ukrepi RTP vplivali na trgovino med državami članicami v smislu člena 87(1).
Conclusion on the aid nature of the ad hoc measures
Odločitev o naravi pomoči začasnih ukrepov
It transpires from the above that, leaving aside possible public service obligations imposed on RTP, the following measures involve state aid within the meaning of Article 87(1) of the EC Treaty: the debt rescheduling with the social security scheme, the capital injections during the period 1994 to 1997 and the loan granted in 1998.
Brez upoštevanja možnih obveznosti iz opravljanja javne službe naložene RTP iz zgoraj navedenega izhaja, da naslednji ukrepi vključujejo državno pomoč v smislu člena 87(1) Pogodbe ES: prerazporeditev dolga s shemo socialne varnosti, dokapitalizacije v obdobju 1994-1997 in odobreno posojilo v letu 1998.
However, as mentioned above, RTP is entrusted with a public service broadcasting obligation.
Vendar, kot je zgoraj navedeno je RTP zadolžena za obveznosti iz opravljanja javne službe radiotelevizije.
The European Court of Justice ruled in Altmark that state measures compensating for public service costs do not qualify as state aid under Article 87(1) of the EC Treaty when the following four conditions are all satisfied [74]:
Sodišče je v primeru Altmark odločilo, da državni ukrepi, ki kompenzirajo stroške javne službe ne ustrezajo državni pomoči v skladu s členom 87(1) Pogodbe ES, v kolikor so izpolnjeni naslednji štirje pogoji [74]:
the recipient undertaking must actually have public service obligations to discharge, and the obligations must be clearly defined,
podjetje prejemnik mora dejansko opravljati obveznosti javne službe in obveznosti morajo biti jasno določene,
the parameters on the basis of which the compensation is calculated must be established in advance in an objective and transparent manner,
parametri, na podlagi katerih se izračuna kompenzacija se morajo določiti vnaprej na objektiven in pregleden način,
the compensation cannot exceed what is necessary to cover all or some of the costs incurred in the discharge of public service obligations, taking into account the relevant receipts and a reasonable profit for discharging those obligations,
kompenzacija ne sme preseči, kar je potrebno za pokritje vseh ali nekaterih nastalih stroškov opravljanja obveznosti javne službe, upoštevajoč ustrezne prejemnike in primeren dobiček za opravljanje teh obveznosti,
when the company is not chosen pursuant to a public procurement procedure, the level of compensation needed must be determined on the basis of an analysis of the costs which a typical undertaking, well run and adequately equipped, would have incurred in discharging those obligations.
ko družba ni izbrana v skladu s postopkom javnih naročil, se mora raven potrebne kompenzacije določiti na osnovi analize stroškov, ki bi za opravljanje teh obveznosti nastali tipičnemu podjetju, ki dobro posluje in je primerno opremljeno.
Leaving aside the first and third conditions, the ad hoc measures mentioned in paragraph 151 do not seem to fulfil the second and fourth conditions of Altmark for the reasons given below:
Brez upoštevanja prvega in tretjega pogoja je videti, da začasni ukrepi, navedeni v uvodni izjavi 151 ne izpolnjujejo drugega in četrtega pogoja Altmark zaradi spodaj opredeljenih razlogov:
It is clear that the financing granted by means of the agreement with the social security scheme and the loan were not part of a compensation system the parameters of which had been established beforehand in an objective and transparent manner (second condition).
Jasno je, da odobreno financiranje s sredstvi pogodbe s shemo socialne varnosti in posojilo niso bili del kompenzacijskega sistema, katerih parametri so bili predhodno določeni na objektiven in pregleden način (drugi pogoj).
On the contrary, they were based on ad hoc decisions attributable to the State.
Nasprotno so temeljili na začasnih odločitvah, ki se lahko pripišejo državi.
Furthermore, as stated in paragraph 61, the public service contracts provided for a specific financing possibility for investments in public service equipment by means of capital injections.
Poleg tega so pogodbe za izvajanje javne službe, kot navedeno v uvodni izjavi 61, določile posebno možnost financiranja vlaganj v opremo javne službe s sredstvi dokapitalizacije.
They do not restrict the investments to public services or define clearly the conditions and limits of state participation; they merely refer to the possibility for the State to participate in RTP's investments as a shareholder.
Ne omejujejo vlaganja v javno službo, niti jasno ne določajo pogoje in omejitve državne udeležbe.
Therefore, the Commission considers that the capital injections too cannot be considered to be part of a compensation system the parameters of which have been established beforehand in an objective and transparent manner.
Komisija iz tega razloga meni, da se tudi dokapitalizacije ne morejo upoštevati kot del kompenzacijskega sistema, katerih parametri so bili predhodno določeni na objektiven in pregleden način.
Furthermore, it is clear that RTP was not chosen pursuant to a public procurement procedure guaranteeing the lowest possible cost.
Razen tega je jasno, da RTP ni bil izbran v skladu s postopkom javnih naročil, z jamčenjem najnižje možne cene.
There are no indications that the amount of the ad hoc payments was determined on the basis of an analysis of the costs that a typical undertaking would incur (fourth condition).
Ne obstajajo nobene indikacije, da se je znesek začasnih plačil določil na osnovi analize stroškov, ki bi nastale tipičnemu podjetju (četrti pogoj).
Accordingly, it is clear that in the present case not all the Altmark conditions are satisfied.
Glede na to je jasno, da v zadevnem primeru niso izpolnjeni vsi Altmark pogoji.
Therefore, the measures mentioned in paragraph 151 must be regarded as state aid under Article 87(1) of the EC Treaty.
Iz tega razloga se morajo ukrepi, navedeni v uvodni izjavi 151 upoštevati kot državna pomoč v skladu s členom 87(1) Pogodbe ES.
Assessment of the compatibility of the measures
Ocenitev združljivosti ukrepov
The Court of Justice has consistently held that Article 86 may provide for an exemption from the ban on state aid for undertakings entrusted with a service of general economic interest (SGEI).
Sodišče je konsekventno menilo, da lahko člen 86 predstavlja izjemo od prepovedi državne pomoči podjetjem, ki so zadolžena za službo splošnega gospodarskega interesa (SGEI).