natgillin/translations-raw huggingface dataset:
Lone Star, was not ready to take over these assets saying that it did not have sufficient time to assess in detail the assets involved and the related risk.
Družba Lone Star ni bila pripravljena prevzeti aktivnih postavk, ker domnevno ni imela dovolj časa, da bi zadevne postavke in s tem povezana tveganja temeljito preverila.
Germany asked an expert to confirm that the EUR 600 million state guarantee covers only unexpected losses.
Nemčija je zaprosila izvedenca za potrditev, da se to državno jamstvo v višini 600 milijonov EUR res nanaša izključno na nepričakovane izgube.
If the disposal of certain (special purpose) companies or shareholdings in such companies in the real- estate financing business segment adversely affects IKB and the other shareholders any further owing to conveyance duty and agreements with business associates to hold shares of about 5,2 % until the project expires, shareholdings of approximately 5,2 % in the companies concerned may be maintained, and debt financing directly related thereto may be continued, beyond 30 September 2011.
Če bi odsvojitev določenih (nepremičninskih) družb ali deležev v takšnih podjetjih, ki poslujejo na področju financiranja nepremičnin, IKB in solastnike zaradi Zakona o davku na promet nepremičnin (Grunderwerbssteuer-Gesetzes) in zaradi dogovora med poslovnimi partnerji, da ohranijo delež v višini približno 5,2 % do konca trajanja projekta, dodatno obremenila, lahko po 30. septembru 2011 ohranijo deleže v zadevnih podjetjih v višini do 5,2 % in nadaljujejo tuje financiranje, ki je z njimi neposredno povezano.
Actively unwound means (a) sold or unwound by other similar extraordinary measures resulting in liquidity, or (b) not continued including non-prolongation of existing contracts except for what is already contractually committed.
Aktivna ukinitev pomeni: (a) prodajo ali drugo izredno ukinitev, s katero se doseže likvidnost; (b) prenehanje poslovanja, vključno z nepodaljševanjem že veljavnih pogodb, z izjemo obveznosti iz že veljavnih pogodb.
Some of the business currently carried out in Luxembourg (in particular […]) is necessary in order to serve corporate clients.
Del poslovnih dejavnosti v Luxembourgu (še posebej […]) je nujno potreben, da se zadosti potrebam podjetij, s katerimi posluje IKB.
Germany has confirmed that, in accordance with the IFRS accounting rules applied by IKB, all activities which are economically imputable to IKB will be accounted for in the IKB balance sheet.
Nemčija je potrdila, da so v skladu z mednarodnimi standardi računovodskega poročanja (IFRS), ki jih uporablja IKB, v bilanci IKB zajete vse dejavnosti, ki jih je mogoče ekonomsko pripisati IKB.
Equal to total on-balance sheet investments (after currency adjustments) of EUR 6,0 billion minus EUR 0,545 billion sales and EUR 1 billion SIP 1 transfer, and EUR 1,2 billion SIP 2 transfer.
Ustreza vsoti vseh bilančnih naložb (po prevrednotenjih) v višini 6 milijard EUR, od katere je odštetih 0,545 milijarde EUR stroškov za prodajo ter 1 milijarda EUR stroškov za prenos portfelja SIP 1 in 1,2 milijarde EUR stroškov za prenos portfelja SIP 2.
This is the sum of […] of EUR […] billion plus the […] from the actively unwound business activities of about EUR […] billion.
To je vsota […] v višini […] milijard EUR s prištetim […] iz aktivno ukinjenih poslovnih dejavnosti v višini […] milijard EUR.
This value was below IKB’s stock market value and even below the stock market value on 27 July 2007.
Ta vrednost je bila nižja od borzne vrednosti IKB in celo nižja od borzne vrednosti z dne 27. julija 2007.
This corresponds to [> 15] % default of the overall amount of loans distributed by IKB on behalf of KfW, assuming that in the case of an insolvency of IKB, these loans would partially default, which would be directly to the detriment of KfW.
To ustreza tveganju zaradi neplačil v višini [> 15] % pri vseh kreditih, ki jih je banka IKB dodelila v imenu KfW. Pri tem se upošteva, da teh kreditov v primeru plačilne nesposobnosti IKB deloma ne bi bilo mogoče odplačati, kar bi neposredno neugodno vplivalo na KfW.
Case T-296/97 [2000] ECR II-3871, paragraph 81.
Glej zadevo T-296/97, Recueil 2000, str. II-3871, točka 81.
Commission Decision 2008/263/EC in Case C 50/06 BAWAG, recital 127 (OJ L 83, 26.3.2008, p. 7).
Odločba Komisije 2008/263/ES v zadevi C 50/06, BAWAG, uvodna izjava 127 (UL L 83, 26.3.2008, str. 7).
According to settled practice, imputability can be inferred from a set of indicators arising from the circumstances of the case and the context in which the measure was taken.
V skladu z ustaljeno prakso pripisovanje izhaja iz vrste kazalnikov, ki so odvisni od določenih okoliščin primera in okoliščin, v katerih je bil ukrep sprejet.
This is the case, for example, where the supervisory board is closely affiliated on a personal level with the State.
Primer tega so okoliščine, v katerih so med nadzornim svetom in državo tesne osebne vezi.
See Commission Decision of 4 June 2008 in Case C 9/08 SachsenLB, not yet published.
Glej Odločbo Komisije z dne 4. junija 2008 v zadevi C 9/08, Sachsen LB, ki še ni objavljena.
Nor was imputability questioned in Commission Decision 2001/695/EC in Case C 1/2000 Holzmann, recital 20 (OJ L 248, 18.9.2001, p. 46) or in the Commission Decision of 17 January 2003 in Case NN 115/02 MobilCom (OJ C 80, 3.4.2003, p. 5).
Tudi v Odločbi Komisije 2001/695/ES v zadevi C 1/2000 Holzmann, uvodna izjava 20 (UL L 248, 18.9.2001, str. 46.), in Odločbi Komisije z dne 17. januarja 2003 v zadevi NN 115/02, MobilCom, (UL C 80, 3.4.2003, str. 5) o pripisovanju ni bilo dvomov.
See Commission Decision of 4 June 2008 in Case C 9/08 SachsenLB, not yet published, recital 72.
Glej Odločbo Komisije z dne 4. junija 2008 v zadevi C 9/08, Sachsen LB, še ni objavljena, uvodna izjava 72.
This conclusion was also in line with the previous paragraph, Commission Decision 2005/345/EC in Case C 28/2002 Bankgesellschaft Berlin, recital 140 (OJ L 116, 4.5.2005, p. 1).
Tak sklep je tudi v skladu s stališčem iz primera o pomoči družbi Bankgesellschaft Berlin; glej Odločbo Komisije v zadevi 28/02, Bankgesellschaft Berlin, uvodna izjava 140 (UL L 116, 4.5.2005, str. 1).
However, winding-up costs are normally difficult to calculate and estimates are faced with uncertainties, see for example Commission Decision 2005/345/EC in Case C 28/02 Bankgesellschaft Berlin, recitals 163 et seq. Also Commission Decision 2008/263/EC in Case C 50/06 BAWAG, recital 166.
Vendar pa je stroške plačilne nesposobnosti praviloma težko izračunati in ocene so polne dvomov, glej na primer Odločbo Komisije v zadevi C 28/02, Bankgesellschaft Berlin, uvodna izjava 163 (UL L 116, 4.5.2005, str. 1.) in naslednje, ter Odločbo Komisije 2008/263/ES v zadevi C 50/06, BAWAG, uvodna izjava 166.
Joined Cases T-129/95, T-2/96 and T-97/96 Neue Maxhütte Stahlwerke [1999] ECR II-17, paragraph 121.
Združene zadeve T-129/95, T-2/96 in T-97/96, Neue Maxhütte Stahlwerke, Recueil 1999, str. II-17, točka 121.
See Joined Cases T-129/95, T-2/96 and T-97/96 Neue Maxhütte Stahlwerke [1999] ECR II-17, paragraph 119.
Glej združene zadeve T-129/95, T-2/96 in T-97/96, Neue Maxhütte Stahlwerke, Recueil 1999, str. II-17, točka 119.
Communication on public undertakings in the manufacturing sector (OJ C 307, 13.11.1993, p. 3).
Sporočilo Komisije o javnih podjetjih v predelovalni industriji (UL C 307, 13.11.1993, str. 3).
Commission Decision 2005/137/EC in Case C 25/02 Carsid, paragraphs 67 to 70 (OJ L 47, 18.2.2005, p. 28).
Odločba Komisije 2005/137/ES v zadevi C 25/02, Carsid uvodne, izjave 67 do 70 (UL L 47, 18.2.2005, str. 28).
The Commission further notes that the other owners of IKB did not participate in the support measure.
Komisija še ugotavlja, da drugi lastniki IKB niso bili soudeleženi pri podpori.
In Case T-11/95 BP Chemicals [1998] ECR II-3235 it was held that the mere fact that a public undertaking has already made capital injections into a subsidiary which are classed as ‘aid’ does mean that a further capital injection cannot easily be classed as an investment which satisfies the private market-economy investor test, in particular if it cannot reasonably be separated from these first injections and classed as an independent investment.
V zadevi T-11/95, BP Chemicals, Recueil 1998, str. II-3235 je bilo ugotovljeno, da že samo okoliščina, da je javno podjetje svoji odvisni družbi zagotovilo prilive kapitala, ki se štejejo za „pomoč“, privede do tega, da ni mogoče izhajati iz tega, da poznejši kapitalski vložek izpolnjuje načelo vlagatelja v tržnem gospodarstvu. To še zlasti velja, če ta vložek ni razumno ločen od prvih kapitalskih vložkov in ga ni mogoče šteti za ločeno naložbo.
The Court considers that the chronology of the capital injections, their purpose and the subsidiary’s situation at the time when each decision to make an injection was made are relevant factors for such a determination.
Sodišče je menilo, da časovno zaporedje kapitalskih vložkov, njihov namen in položaj odvisne družbe v času, ko je bila sprejeta odločitev za izvedbo vsake od teh kapitalskih naložb, spadajo med pomembna dejstva za obravnavo.
See Commission Decision of 30 April 2008 in Case NN 25/08, Rescue aid to WestLB, not yet published.
Glej Odločbo Komisije z dne 30. aprila 2008 v zadevi NN 25/08, Pomoč za reševanje WestLB, še ni objavljena.
See Commission Decision of 4 June 2008 in Case C 9/08 SachsenLB, not yet published, recital 71.
Glej Odločbo Komisije z dne 4. junija 2008 v zadevi C 9/08, Sachsen LB, še ni objavljena, uvodna izjava 71.
See footnote 33.
Glej opombo 33.
See also Commission Decision of 2 April 2008 in Case C 14/08 (ex NN 1/08) Restructuring aid to Northern Rock, paragraph 96 (OJ C 135, 3.6.2008, p. 21).
V zvezi s tem glej tudi Odločbo Komisije z dne 2. aprila 2008 v zadevi C 14/08 (prej NN 1/08), Pomoč za prestrukturiranje, dodeljena banki Northern Rock, uvodna izjava 96 (UL C 135, 3.6.2008, str. 21).
European Commission, Twenty-third Report on Competition Policy, 1993, p. 270.
[41] Evropska komisija, XXIII. Poročilo o politiki konkurence, 1993, str. 270.
See in this respect Joined Cases T-129/95, T-2/96 and T-97/96 Neue Maxhütte Stahlwerke [1999] ECR II-17, paragraph 119, Case C-334/99 Gröditzer Stahlwerke [2003] ECR I-1139, paragraphs 134 et seq., Commission Decision of 30 April 2008 in Case C 56/06, Bank Burgenland (OJ L 239, 6.9.2008, p. 32), and Commission Decision of 4 June 2008 in Case C 9/08, SachsenLB, not yet published, recital 73.
V zvezi s tem glej združene zadeve T-129/95, T-2/96 in T-97/96, Neue Maxhütte Stahlwerke, Recueil 1999, str. II-17, točka 119, zadevo C-334/99, Gröditzer Stahlwerke, Recueil 2003, str. I-1139, točka 134 in naslednje, ter Odločbo Komisije z dne 30. aprila 2008 v zadevi C 56/06, Bank Burgenland (UL L 239, 6.9.2008, str. 32) in Odločbo Komisije z dne 4. junija 2008 v zadevi C 9/2008, Sachsen LB, še ni objavljena, uvodna izjava 73.
See Commission Decision of 20 April 2008 in Case C 16/04 Hellenic Shipyards, not yet published.
Glej Odločbo Komisije z dne 20. aprila 2008 v zadevi C 16/04, Hellenic Shipyards, še ni objavljena.
Communication from the Commission on the revision of the method for setting the reference and discount rates (OJ C 14, 19.1.2008, p. 6).
Sporočilo Komisije o spremembi metode določanja referenčnih obrestnih mer in diskontnih stopenj (UL C 14, 19.1.2008, str. 6).
IKB’s own funds in this respect are considered to comprise the total Tier 2 capital (in particular reserves and hybrid capital), which has been used to absorb the losses stemming in particular from the portfolio investments.
Za lastno sredstvo IKB se v zvezi s tem šteje celotni sekundarni kapital (še posebej rezerve in hibridni kapital), ki se uporablja za prevzem izgub zlasti iz portfeljskih naložb.
Part of these proceeds were realised as early as March 2008.
Del teh donosov je bil dosežen že v marcu 2008.
Depending on the assets’ book value and the maturity of debt.
To je odvisno od knjigovodske vrednosti aktivnih postavk in roka zapadlosti dolžniškega instrumenta.
This has been accepted in past Commission decisions, such as Commission Decision 2007/257/EC in Case C 44/05, Huta Stalowa Wola, recital 71 (OJ L 112, 30.4.2007, p. 67); Commission Decision 2008/90/EC in Case C 20/06, Novoles Straža (OJ L 29, 2.2.2008, p. 7); Commission Decision 2008/145/EC in Case C 54/06, Bison Bial (OJ L 46, 21.2.2008, p. 41); and Commission Decision of 4 June 2008 in Case C 9/08 SachsenLB, not yet published.
Takšna utemeljitev je že bila uporabljena v predhodnih odločbah Komisije; glej na primer Odločbo Komisije 2007/257/ES v zadevi C 44/05, Huta Stalowa Wola, uvodna izjava 71 (UL L 112, 30.4.2007, str. 67), Odločbo Komisije 2008/90/ES v zadevi C 20/06, Novoles Straža (UL L 29, 2.2.2008, str. 7), Odločbo Komisije 2008/145/ES v zadevi C 54/06, Bison Bial (UL L 46, 21.2.2008, str. 41) in Odločbo Komisije z dne 4. junija 2008 v zadevi C 9/08, Sachsen LB, še ni objavljena.
This takes into account the fact that EUR [< 2] billion of real-estate business will still be in the balance sheet at 30 March 2011, and the fact that EUR […] billion of the business of IKB Luxemburg will be re-established in Düsseldorf.
Upoštevano je bilo, da je [< 2] milijard EUR iz dejavnosti nepremičnin še vključenih v bilanco z dne 30. marca 2011 in da se dejavnost IKB Luxembourg v vrednosti […] milijard EUR znova opravlja v Düsseldorfu.
For the purposes of this Decision, ‘actively unwound’ means (a) sold or unwound by other similar extraordinary measures resulting in liquidity, or (b) cessation of business activity, including not extending existing contracts, except for existing contractual obligations.
Aktivna odprava pomeni: (a) prodajo ali drugo izredno zaprtje, s katerim se doseže likvidnost; (b) prenehanje poslovanja, vključno z nepodaljševanjem že veljavnih pogodb, z izjemo obveznosti iz že veljavnih pogodb.
If the disposal of certain (special purpose) companies or shareholdings in such companies in the real-estate financing business segment adversely affects IKB and the other shareholders any further owing to conveyance duty and agreements with business associates to hold shares of about 5,2 % until the project expires, shareholdings of approximately 5,2 % in the companies concerned may be maintained, and debt financing directly related thereto may be continued, beyond 30 September 2011.
Če bi odsvojitev določenih (nepremičninskih) družb ali deležev v takšnih podjetjih, ki poslujejo na področju financiranja nepremičnin, IKB in solastnike zaradi Zakona o davku na promet nepremičnin (Grunderwerbssteuer-Gesetzes) in zaradi dogovorov med poslovnimi partnerji, da ohranijo deleže v višini približno 5,2 % do konca trajanja projekta, dodatno obremenila, lahko po 30. septembru 2011 ohranijo deleže v zadevnih podjetjih v višini do 5,2 % in nadaljujejo tuje financiranje, ki je z njimi neposredno povezano.
Germany has confirmed that, in accordance with the IFRS accounting rules applied by IKB, all activities that are economically imputable to IKB will be accounted for in the IKB balance sheet.
Nemčija je potrdila, da so v skladu z računovodskimi standardi IFRS, ki jih uporablja IKB, v bilanci IKB zajete vse dejavnosti, ki jih je mogoče ekonomsko pripisati IKB.
The total risk exposure of the Havenrock-structure for IKB amounted to EUR 1,2 billion. Both the direct liquidity facilities given to Rhineland and the Havenrock structure were off balance sheet.
Tveganje za skupno izgubo IKB pri strukturi Havenrock je obsegalo 1,2 milijarde EUR. Pri neposrednem likvidnostnem posojilu družbi Rhineland in strukturi Havenrock je v obeh primerih šlo za zunajbilančne ukrepe.
IKB’s difficulties arose out of portfolio investments of EUR 18,3 billion. The EUR 18,3 billion portfolio investments shown in the restated 2006/2007 accounts were initially held to a large extent off the balance sheet in Rhineland, and to a lesser extent on IKB’s balance sheet.
Razlog za težave IKB so portfeljske naložbe v višini 18,3 milijarde EUR. Portfeljske naložbe, izkazane v popravljeni bilanci za obdobje 2006/2007, v višini 18,3 milijarde EUR so bile prvotno večinoma upoštevane zunajbilančno v družbi Rhineland, v manjšem delu pa so bile izkazane v bilanci IKB.
Over time, their value has been reduced through sales and currency adjustments to EUR 6,3 billion in August 2008. The on-balance-sheet portfolio investments were valued at EUR 6,8 billion in the restated 2006/2007 accounts.
S prodajo in popravki zaradi sprememb menjalnega tečaja se je njihova vrednost vsakič znižala in je avgusta 2008 padla na 6,3 milijarde EUR. V popravljeni bilanci za obdobje 2006/2007 so obračunane portfeljske naložbe obsegale 6,8 milijarde EUR.
In addition, the first measure covered losses of up to EUR 1 billion on on-balance-sheet portfolio investments of EUR 6,8 billion. In spring 2008, the on-balance-sheet investments fell to EUR 6,31 billion owing to currency adjustments.
Poleg tega je prvi ukrep pokrival izgube do vrednosti 1 milijarde EUR za bilančne portfeljske naložbe v višini 6,8 milijarde EUR. Bilančne naložbe so se spomladi 2008 zaradi sprememb menjalnih tečajev znižale na 6,31 milijarde EUR. Prav tako spomladi 2008 je banka IKB poskušala oba portfelja prodati na javni dražbi.
Total on-balance-sheet
Skupaj v bilanci
This includes in particular […].
To se nanaša zlasti na […].
Although this concerns […] which could reach EUR […] billion, Germany argued that the risk […] is very small given that one month before the crisis IKB was the second best-rated bank in Germany with very good results, and the assessment of the […] did not, according to the information available, deviate from the usual business practice.
Čeprav gre tukaj za […], ki bi lahko bila visoka do […] EUR, je tveganje, […], po mnenju Nemčije zelo majhno, saj je bila banka IKB en mesec pred začetkom finančne krize zaradi svojih dobrih poslovnih rezultatov na drugem mestu bonitetne lestvice za banke v Nemčiji in ker banka pri vrednotenju […] glede na informacije, ki so na voljo, ni odstopala od običajne poslovne prakse.
Risk shield (Rhineland EUR 5,8 billion, Havenrock EUR 0,85 billion, and on-balance-sheet assets EUR 1 billion)
Zaščita pred tveganjem (Rhineland: 5,8 milijarde EUR; Havenrock: 0,85 milijarde EUR; obračunane aktivne postavke: 1 milijarda EUR)
Divestment of 50 % share in Movesta
Odsvojitev 50-odstotnega deleža v družbi Movesta
Subtotal: outstanding compensatory measures (subtotal: compensatory measures implemented)
Vmesna vsota: odprti izravnalni ukrepi (vmesna vsota: izvedeni izravnalni ukrepi)
Finally, Germany submitted information about restructuring costs. These comprise costs stemming from losses from the portfolio investments of around EUR [< 6]EUR billion from Rhineland (EUR 5,8 billion), Havenrock (EUR 1,2 billion) and from on-balance-sheet portfolio investments (EUR […] billion) [19], restructuring costs proper, comprising the risk shield, portfolio exit costs, and administrative costs of around EUR [> 0,25] billion, capital losses of around EUR [> 1] billion, losses through the reduction of business activities, which are partly already contracted and partly expected from the extension of existing contracts of EUR [> 1] billion and […] of EUR […] billion [20].
Nemčija je predložila podatke o stroških prestrukturiranja, ki jih je mogoče razčleniti takole: stroški zaradi izgub v portfeljskih naložbah v višini [> 6] milijard EUR (Rhineland: 5,8 milijarde EUR, Havenrock: 1,2 milijarde EUR) in bilančnih portfeljskih naložbah ([…] milijard EUR) [19], dejanski stroški prestrukturiranja (vključno z zaščito pred tveganjem, stroški za izstop iz portfelja in upravni stroški v višini približno [> 0,25] milijarde EUR), kapitalske izgube v višini približno [> 1] milijarde EUR, stroški zaradi skrčenja poslovnih dejavnosti, kar je deloma že izvedeno in bo deloma še izvedeno, ker so bile že veljavne pogodbe podaljšane, v višini [> 1] milijarde EUR ter […] v višini […] milijard EUR [20].
As regards the assessment of the first measure, Germany therefore claims that only the losses initially estimated should be considered. That would mean losses of EUR 3,5 billion in a worst-case and EUR [< 2,5] billion in a mid-case scenario.
Pri presoji prvega ukrepa bi se morale po mnenju Nemčije upoštevati samo prvotno ocenjene izgube, tj. izgube v višini 3,5 milijarde EUR v najslabšem primeru in izgube v višini [< 2,5] milijarde EUR v srednjem primeru.
The Commission accepts that in the worst case ex ante estimate the risk shield to IKB would have covered total losses of EUR 2,5 billion. The Commission moreover considers, as in similar cases [27], that in such unpredictable circumstances, a private investor would have considered this worst-case scenario of expected losses and not the mid case.
Komisija navaja, da naj bi po vnaprej opravljenih ocenah zaščita pred tveganjem za IKB v najmanj ugodnem primeru pokrila izgube v skupni višini 2,5 milijarde EUR. Kot pri podobnih primerih [27] Komisija tudi tukaj izhaja iz dejstva, da bi v takšni nepregledni situaciji zasebni vlagatelj pričakovane izgube ocenjeval glede na najmanj ugoden primer in ne po srednjem primeru.
The same applies even more to the third measure, where the federal State evidently instructed KfW to act, and contributed EUR 1,2 billion to another measure of EUR 2,3 billion. At this point, KfW is much more exposed than the banking associations, even though the insolvency of IKB would trigger a guarantee mechanism which is designed to spread the burden across the banking sector.
To velja toliko bolj za tretji ukrep, pri katerem je Nemčija KfW naročila, naj ukrepa, in podprla nadaljnji ukrep v višini 2,3 milijarde EUR s sredstvi v višini 1,2 milijarde EUR. Zaradi tega je bil KfW izpostavljen veliko bolj kot kreditna združenja, celo če bi v primeru plačilne nesposobnosti IKB uporabil varnostni mehanizem, s katerim bi se breme porazdelilo na celotni bančni sektor.
Thus once again KfW cannot plausibly revert to a market-economy investor argument [37]. Indeed, the Commission does not see that a private investor would have accepted such a significant exposure, in particular in the absence of the risk shield.
Komisija ni prepričana, da bi zasebni vlagatelj – še zlasti brez zavarovanja pred tveganjem – sprejel tako visoko tveganje.
Second, KfW bought SIP 1 for EUR 1 billion. The Commission notes that the price negotiated by KfW is [< 10] % below the IFRS book value and that IKB was previously able to sell part of the portfolio at above IFRS book value.
Drugič, KfW je pridobil portfelj SIP 1 za 1 milijardo EUR. Komisija meni, da je cena, ki jo je s pogajanji dosegel KfW, za [< 10] % nižja od knjigovodske vrednosti po standardih IFRS in da bi banka IKB pred tem lahko nekatere dele portfelja prodala po cenah, višjih od knjigovodske vrednosti po standardih IFRS.
The Commission maintains its position set out in the opening decision that Article 87(3)(b) of the EC Treaty is not applicable in the present case. This provision allows aid to remedy a serious disturbance in the economy of a Member State.
Komisija vztraja pri svojem stališču iz uvodne odločbe, da se člen 87(3)(b) Pogodbe ES v zadevnem primeru ne uporablja.
The investigation has confirmed the Commission’s observation that IKB’s problems are due to company-specific events. Moreover, the information provided by the German authorities has not convinced the Commission that the systemic effects that might have resulted from a IKB’s insolvency could have reached a size constituting ‘a serious disturbance in the economy’ of Germany within the meaning of Article 87(3)(b) [46]. Therefore, the present case must be regarded as based on individual problems, and requires tailor-made remedies, which can be addressed under the rules for companies in difficulties.
Preiskava je potrdila opažanje Komisije, da se je banka IKB znašla v težavah zaradi dogodkov, značilnih za podjetja.