natgillin/translations-raw huggingface dataset:
This is without prejudice to the possibility referred to in point 2.2 of a sale by private treaty or a consolidation of Landesbanken with the Commission’s assent.
To ne vpliva na možnost proste prodaje ali združitve deželnih bank, ki je predvidena v točki 2.2, s soglasjem Komisije.
The previous owners may thereby become minority shareholders if the controlling majority is lost.
Pri tem lahko sedanji lastniki ostanejo manjšinski lastniki, če se odda kontrolni delež.
Business areas and activities which are not sold are to be finally discontinued by 31 December 2011, or allowed to expire after that date upon the maturity of the underlying business.
Področja in dejavnosti, ki se ne odsvojijo z razpisnim postopkom, se do 31. decembra 2011 dokončno prekinejo oziroma se od tega datuma iztečejo v skladu z roki ustreznih poslov.
Full and correct application of all conditions must be continuously and comprehensively monitored and audited in detail by a properly qualified trustee, preferably a chartered accountant (Wirtschaftsprüfer).
Popolno in pravilno uporabo vseh pogojev bo sproti v celoti spremljal in podrobno preverjal ustrezno usposobljen izvedenec (upravljavec), po možnosti revizor.
Within three months of notification of this Decision, WestLB is to nominate a suitable independent trustee to the Commission.
WestLB Komisiji v treh mesecih po prejemu te odločbe predlaga primernega neodvisnega izvedenca (upravljavec).
The trustee is to be appointed only with the assent of the Commission.
Komisija mora dati soglasje k njegovemu imenovanju.
The Commission may ask the trustee to provide explanations and clarifications.
Komisija lahko od izvedenca zahteva razlage in pojasnila.
The costs of engaging the trustee’s services are to be borne by WestLB.
Stroške za izvedenca nosi WestLB.
During the implementation of this Decision the Commission is to have unlimited access to all information necessary for the monitoring of the implementation of this Decision.
Komisija ima med izvajanjem te odločbe neomejen dostop do vseh informacij, ki so potrebne za nadzor nad izvajanjem te odločbe.
The Commission may ask WestLB to provide explanations and clarifications.
Komisija lahko od WestLB zahteva razlage in pojasnila.
Germany and WestLB are to cooperate fully with the Commission, and with the trustee acting for the Commission, in response to any request in connection with the monitoring of the implementation of this Decision.
Nemčija in WestLB bosta s Komisijo in izvedencem (upravljavec), ki deluje v imenu Komisije, v polni meri sodelovali pri vseh vprašanjih v zvezi z nadzorom nad izvajanjem te odločbe.
Every year until 2011 inclusive, Germany is to send the Commission a progress report drawn up with the assistance of the trustee referred to in point 7.1.
Nemčija bo do vključno leta 2011 vsako leto Komisiji predložila poročilo o napredku, pri katerem sodeluje izvedenec iz točke 7.1.
The report must contain a review of progress in the implementation of the restructuring plan and details of all sales and closures of subsidiaries, departments and locations in accordance with this Decision.
Poročilo mora vsebovati povzetek napredka pri izvajanju načrta prestrukturiranja ter podrobnosti o vseh prodajah deležev in zaprtjih hčerinskih družb, oddelkov in poslovalnic v skladu s to odločbo.
The report is to show the date of sale or closure, the book value at 31 December 2007, the selling price, all profits or losses in connection with the sale or closure, and details of steps that have still to be taken to implement the restructuring plan.
Navesti je treba datum prodaje ali zaprtja, knjigovodsko vrednost na dan 31. decembra 2007, prodajno ceno, vse dobičke in izgube v zvezi s prodajo ali zaprtjem ter podrobnosti o izvedbenih ukrepih načrta prestrukturiranja, ki še niso bili izvedeni.
The report is to be sent each year within one month of the approval of WestLB’s annual accounts by WestLB’s supervisory board, but no later than 31 May.
Poročilo predloži nadzorni svet WestLB v enem mesecu po odobritvi zaključka poslovnega leta za WestLB, vendar vsako leto najpozneje do 31. maja.
WITH REGARD TO ARTICLE 2(2)
K ČLENU 2(2)
In applying the review clause in Article 2(2), the Commission is to have due regard to supply conditions and the situation on the capital markets.
Ob uporabi klavzule o reviziji v skladu z drugim odstavkom člena 2 bo Komisija ustrezno upoštevala ponudbene pogoje in položaj na kapitalskih trgih.
The owners of WestLB have to launch an open, transparent and non-discriminatory tender procedure by 31 August 2010, and sign a contract with a buyer by [June–October] 2011, so that the sale can take effect by 1 January 2012.
Lastniki družbe WestLB morajo najpozneje do 31. avgusta 2010 ponuditi odprt, pregleden in nediskriminacijski razpis ter najpozneje do [junija–oktobra] 2011 skleniti prodajno pogodbo s pridobiteljem, tako da lahko odsvojitev začne veljati do 1. januarja 2012.
The main objective is a complete transfer of the voting rights.
Prednostni cilj je popoln prenos glasovalnih pravic.
By Decision of 30 April 2008 [2] the Commission found that the risk shield provided to WestLB AG on 8 February 2008 by its owners, namely Westfälisch-Lippischer Sparkassen- und Giroverband, Rheinischer Sparkassen- und Giroverband, and — directly and indirectly, through NRW. BANK — the Land of North Rhine-Westphalia, Landschaftsverband Westfalen Lippe, and Landschaftsverband Rheinland (the owners), constituted State aid.
Komisija je v odločitvi z dne 30. aprila 2008 [2] (v nadaljnjem besedilu: odločitev z dne 30. aprila 2008) ugotovila, da zaščita pred tveganjem, ki so jo lastniki banke WestLB AG (Westfälisch-Lippischer Sparkassen- und Giroverband, Rheinischer Sparkassen- und Giroverband ter – neposredno in posredno prek družbe NRW. BANK – Land Nordrhein-Westfalen, Landschaftsverband Westfalen Lippe in Landschaftsverband Rheinland, v nadaljnjem besedilu: lastniki) 8. februarja 2008 dodelili banki WestLB AG (v nadaljnjem besedilu: WestLB), pomeni državno pomoč.
But the Commission took the view that the aid was rescue aid compatible with the common market, and authorised it in accordance with the Community guidelines on State aid for rescuing and restructuring firms in difficulty (the rescue and restructuring guidelines) [3] for six months, or, in the event that a restructuring plan was submitted, until such time as a final decision was taken on the restructuring plan.
Komisija je ta ukrep vendarle označila kot pomoč za reševanje, ki je združljiva s skupnim trgom, in jo je v skladu s Smernicami Skupnosti za državne pomoči za reševanje in prestrukturiranje podjetij v težavah [3] (v nadaljnjem besedilu: Smernice za prestrukturiranje in reševanje) odobrila za šestmesečno obdobje oziroma pri predložitvi načrta prestrukturiranja do dokončne odločitve o tem načrtu.
The economic value of the aid is thus substantially higher than both Germany’s assessment of the expected loss and the EUR […] billion calculated by Morgan Stanley.
Gospodarska vrednost pomoči je zato znatno večja od pričakovanih izgub, ki jih je ocenila Nemčija, in od zneska v višini […] milijard EUR, ki ga je izračunala družba Morgan Stanley.
In all likelihood, therefore, the aid is equal to the nominal value of EUR 5 billion.
Glede na vse to bo višina pomoči najverjetneje ustrezala nominalni vrednosti v višini 5 milijard EUR.
Until 31 March 2008 WestLB held a EUR 23 billion portfolio consisting essentially of structured securities and commercial paper, medium-term notes and income and capital notes issued by three investment vehicles called Greyhawk, Harrier, and Kestrel [10].With effect from 31 March 2008 WestLB sold the portfolio to Phoenix Light at its nominal value of EUR 23 billion. In order to pay the EUR 23 billion purchase price, Phoenix Light issued notes equal to the nominal value of the portfolio.
WestLB je do 31. marca 2008 imela portfelj z volumnom v višini 23 milijard EUR, ki je zajemal predvsem strukturirane vrednostne papirje in sredstva financiranja (komercialni zapisi (commercial papers), srednjeročni zapisi (medium-term notes), zapisi o prihodkih (income notes) in zapisi o sredstvih (capital notes)) treh nosilcev naložb Greyhawk, Harrier in Kestrel [10];WestLB je 31. marca 2008 zadevni portfelj prodala Phoenix Light za njegovo nominalno vrednost 23 milijard EUR. Da je Phoenix Light zbrala sredstva v višini 23 milijard EUR, kolikor je znašala prodajna cena, je morala izdati obveznice v nominalni vrednosti portfelja.
This has the effect that the junior notes are considered to be safe. As soon as they were covered by the guarantee, the notes were purchased by WestLB.
Dežela SPV je za mlajše dolžniške instrumente odobrila jamstvo.
The Commission considers that the costs of restructuring are to be borne by the bank itself to the greatest extent possible in the circumstances, through the disposal of assets and subsidiaries. The effect of these divestments is twofold. On the one hand, the divestments reduce the volume of risk-weighted assets, thus freeing capital and increasing the capital ratios.
Komisija meni, da banka sama z odsvojitvijo sredstev in hčerinskih družb nosi toliko stroškov prestrukturiranja, kot je v trenutnih okoliščinah mogoče.
Breakdown of the EUR 23 billion portfolio by type of security: US and European collateralised debt obligations (CDOs), EUR […] billion; commercial mortgages, EUR […] billion; residential mortgages, EUR […] billion; and other positions, EUR […] billion. On 31 December 2007 80 % of the securities had S & P AAA ratings.
Sestava portfelja v vrednosti 23 milijard EUR po vrsti vrednostnih papirjev: […] milijard EUR: ameriški in evropski vrednostni papirji, zavarovani s terjatvami (CDO), […] milijard EUR: gospodarska posojila, zavarovana z nepremičninami, […] milijard EUR: stanovanjska posojila, zavarovana z nepremičninami, […] milijard EUR: druge postavke 80 % vrednostnih papirjev je družba S&P 31. decembra 2007 ocenila z oceno AAA.
WestLB is to cease trading for its own account. This includes relative value and arbitrage transactions.
WestLB bo prenehala trgovanje za svoj račun, ki zajema dejavnosti trgovanja z relativno vrednostjo in posle finančne preprodaje.
First, once the notes were covered by the guarantee, the auditors agreed they would not have to correct them downwards in WestLB’s accounts, as they would have been obliged to do to the original portfolio investments. Second, WestLB could use the notes as collateral to raise the funds required in order to buy them.
Dolžniški instrumenti WestLB so bili takoj po izdaji tega jamstva odkupljeni, in sicer iz dveh razlogov: prvič, revizorji po zavarovanju dolžniških instrumentov z jamstvom niso navzdol popravili njihove vrednosti v bilanci (v nasprotju z izvirnimi portfeljskimi naložbami); in, drugič, WestLB je dolžniške instrumente lahko uporabila kot zavarovanje za zbiranje sredstev, ki so bila potrebna za njihov nakup.
The notes were issued in two tranches. The lower tranche consists of junior notes which have priority in the event of non-performance of the assets (i.e. they carry all the risks); these have a total nominal value of EUR 5 billion.
Obveznice so bile izdane v dveh izdajah.
on aid scheme C 41/06 (ex N 318/A/04) which Denmark is planning to implement for refunding the CO2 tax on quota-regulated fuel consumption in industry
o shemi pomoči C 41/06 (ex N 318/A/04), ki jo namerava izvajati Danska za povračilo za davek na CO2 pri porabi goriva v industriji, ki se ureja s kvotami
Having called on interested parties to submit their comments pursuant to the first subparagraph of Article 88(2) cited above [1] and having regard to their comments,
po pozivu vsem zainteresiranim strankam, naj predložijo svoje pripombe v skladu s prvim pododstavkom člena 88(2) [1], navedenim zgoraj, in ob upoštevanju teh pripomb,
By letter dated 20 July 2004, registered at the Commission on 22 July 2004 (SG/A/7988), the Danish authorities notified the measure described below to the Commission.
Z dopisom z dne 20. julija 2004, ki ga je Komisija evidentirala 22. julija 2004 (SG/A/7988), so danski organi obvestili Komisijo o ukrepu, opisanem v nadaljevanju.
By letters of 13 September 2004 and 14 December 2004, the Commission asked for additional information, which was received by letters of 14 October 2004, registered on 18 October 2004 (A/37970), and of 15 March 2005, registered 15 March 2005 (SG/A/2724).
Z dopisoma z dne 13. septembra 2004 in 14. decembra 2004 je Komisija zaprosila za dodatna pojasnila, ki jih je prejela z dopisom z dne 14. oktobra 2004, evidentiranim 18. oktobra 2004 (A/37970), in dopisom z dne 15. marca 2005, evidentiranim 15. marca 2005 (SG/A/2724).
Following a meeting with DG Competition and DG Taxation and Customs Union on 27 April 2005, the Danish authorities requested more time to complement their notification by letter of 12 May 2005, registered 17 May 2005 (A/33975).
Po sestanku z Generalnim direktoratom za konkurenco ter Generalnim direktoratom za davke in carinsko unijo dne 27. aprila 2005 so danski organi zaprosili za več časa, da bi dopolnili svoj dopis z dne 12. maja 2005, evidentiran 17. maja 2005 (A/33975).
After a few changes to the measure, the case was further discussed in meetings between representatives of the Commission and of the Danish authorities held on 12 October 2005, on 15 December 2005 and on 21 February 2006.
Po nekaj spremembah ukrepa so o zadevi nadalje razpravljali na sestankih predstavnikov Komisije in danskih organov dne 12. oktobra 2005, 15. decembra 2005 in 21. februarja 2006.
By letter of 10 July 2006, registered 11 July 2006 (A/35577), the Danish authorities informed the Commission that they considered the notification complete and asked the Commission to continue the preliminary examination of the measure in the form that it was presented at the meeting of 12 October 2005.
Z dopisom z dne 10. julija 2006, evidentiranim 11. julija 2006 (A/35577), so danski organi Komisiji sporočili, da štejejo obvestilo za popolno, in zaprosili Komisijo, da nadaljuje s predhodnim pregledom ukrepa v obliki, v kateri je bil predstavljen na sestanku dne 12. oktobra 2005.
By letter dated 26 September 2006, the Commission informed Denmark that it had decided to initiate the procedure laid down in Article 88(2) of the EC Treaty in respect of the measure.
Z dopisom z dne 26. septembra 2006 je Komisija sporočila Danski, da bo glede ukrepa sprožila postopek v skladu s členom 88(2) Pogodbe ES.
The Commission decision to initiate the procedure was published in the Official Journal of the European Union [2].
Odločitev Komisije, da bo sprožila formalni postopek preiskave, je bila objavljena v Uradnem listu Evropske unije [2].
The Commission invited interested parties to submit their comments on the proposed measure.
Komisija je pozvala vse zainteresirane stranke, naj predložijo svoje pripombe glede predlaganega ukrepa.
By letter dated 24 November 2006, registered 27 November 2006 (A/39579) the Danish Government submitted its observations on the opening of the procedure.
Z dopisom z dne 24. novembra 2006, evidentiranim 27. novembra 2006 (A/39579), so danski organi predložili svoje pripombe glede pričetka postopka.
The Commission received observations from the following third parties: the Swedish Government (8 December 2006, A/40067), Novo Nordisk (8 December 2006, A/40027), Novozymes (11 December 2006, A/40089) and Dansk Industri (12 December 2006, A/40147).
Komisija je prejela pripombe od naslednjih tretjih strank: švedske vlade (8. decembra 2006, A/40067), Novo Nordisk (8. decembra 2006, A/40027), Novozymes (11. decembra 2006, A/40089) in Dansk Industri (12. decembra 2006, A/40147).
It forwarded them to the Danish authorities, which was given the opportunity to react.
Posredovala jih je danskim organom in jim dala možnost odgovora.
The comments by the Danish Government were received by letter dated 5 February 2007, registered the same day (A/31115).
Pripombe danske vlade so bile prejete z dopisom z dne 5. februarja 2007, evidentiranim istega dne (A/31115).
On 12 September 2007, there was a meeting between the Cabinet of Ms Kroes and the Danish Tax Minister Kristian Jensen.
12. septembra 2007 je potekalo srečanje med kabinetom Neelie Kroes in danskim davčnim ministrom Kristianom Jensenom.
In that meeting, it was agreed to await the adoption of the new Community Guidelines on State aid for Environmental Protection before taking a decision on the proposed tax relief.
Na srečanju je bilo dogovorjeno, da se pred sprejetjem odločbe o predlagani davčni olajšavi počaka na sprejetje novih smernic Skupnosti o državni pomoči za varstvo okolja.
By letter of 14 May 2008, the Commission asked for information with respect to the rules on exemptions from environmental taxes under the new Community guidelines on State aid for Environmental Protection [3].
Z dopisom z dne 14. maja 2008 je Komisija zaprosila za informacije glede pravil v zvezi z oprostitvijo okoljskih dajatev v skladu z novimi smernicami Skupnosti o državni pomoči za varstvo okolja [3].
Denmark replied by letter dated 22 July 2008 (A/15183) with a supplement (A/15244).
Danska je odgovorila z dopisom z dne 22. julija 2008 (A/15183) z dodatkom (A/15244).
The information request, as well as the reply, was communicated to the third parties who had commented on the opening of the formal investigation procedure.
Zahtevek za informacije in odgovor sta bila posredovana tretjim strankam, ki so predložile pripombe glede pričetka formalnega postopka preiskave.
Following the submission to third parties, observations were received from Dansk Industri (6 October 2008, A/20427), Novo Nordisk (7 October 2008, A/20550), Novozymes (8 October 2008, A/20739) and the Swedish Government (15 October 2008, A/21433).
Po predložitvi tretjim strankam so bile prejete pripombe Dansk Industri (6. oktobra 2008, A/20427), Novo Nordisk (7. oktobra 2008, A/20550), Novozymes (8. oktobra 2008, A/20739) in švedske vlade (15. oktobra 2008, A/21433).
A tax on CO2 emissions was introduced in Denmark in 1992 and is levied on energy products and electricity.
Na Danskem je bil davek na emisije CO2 uveden leta 1992 in se zaračuna za energente in električno energijo.
The tax takes the form of a consumption tax and currently amounts to DKK 90 per tonne of CO2 emitted.
Davek je izražen v obliki davka na potrošnjo in trenutno znaša 90 DKK na tono ustvarjenega CO2.
The objective of the CO2 tax is mainly to discourage emissions of CO2.
Cilj davka na CO2 je predvsem preprečevanje emisij CO2.
The tax rate for each fuel is related to the carbon content of the energy product [4].
Davčna stopnja za vsako gorivo je povezana z deležem ogljika, ki ga vsebuje energent [4].
In addition, an energy tax has been collected since 1977.
Poleg tega se od leta 1977 pobira davek na energijo.
As regards the energy tax, ordinary households and certain parts of the service sector pay the full tax, while all other VAT-registered companies are fully exempted from the tax.
Davek na energijo navadna gospodinjstva in nekateri deli storitvenega sektorja plačajo v celoti, medtem ko so vsa druga podjetja, zavezanci za DDV, v celoti oproščeni davka.
With respect to the CO2 tax, ordinary households and certain parts of the service sector pay the full tax, while a special business rate applies to other VAT-registered companies.
Davek na CO2 navadna gospodinjstva in nekateri deli storitvenega sektorja plačajo v celoti, medtem ko za druga podjetja, zavezance za DDV, velja posebni davek od dejavnosti.
That so-called business rate was approved by the Commission in November 2005 [5].
Ta tako imenovani davek od dejavnosti je Komisija odobrila novembra 2005 [5].
For energy used in certain ‘heavy processes’ [6] businesses get a further reduction from the general business tax rate.
Za energijo, porabljeno pri določenih „težkih procesih“ [6], se podjetjem odobri nadaljnje znižanje splošnega davka od dejavnosti.
The lower tax rate for such processes was last approved by the Commission in September 2005 [7].
Nižjo davčno stopnjo za te procese je Komisija nazadnje odobrila septembra 2005 [7].
The approval was based on the fact that the beneficiaries still paid the CO2 tax in order to respect the Community minimum taxation levels, which are set out by Council Directive 2003/96/EC of 27 October 2003 restructuring the Community framework for the taxation of energy products and electricity [8] (hereafter referred to as the Energy Taxation Directive).
Odobritev je temeljila na dejstvu, da so upravičenci še vedno plačevali davek na CO2 zaradi upoštevanja najnižjih ravni obdavčitve v Skupnosti, določenih v Direktivi Sveta 2003/96/ES z dne 27. oktobra 2003 o prestrukturiranju okvira Skupnosti za obdavčitev energentov in električne energije [8] (v nadaljnjem besedilu: Direktiva o obdavčitvi energije).
In addition, certain energy-intensive companies have concluded voluntary energy-saving agreements with the Danish government.
Poleg tega so nekatera energetsko intenzivna podjetja z dansko vlado sklenila prostovoljne sporazume o varčevanju z energijo.
In compensation for achieving their goals under those agreements, they receive a further reduction of the CO2 tax, which was last approved by the Commission in April 2003 [9].
Kot nadomestilo za dosego ciljev v okviru teh sporazumov se jim odobri nadaljnje znižanje davka na CO2, ki ga je Komisija nazadnje odobrila aprila 2003 [9].
In accordance with Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC [10] (hereafter referred to as the Emission Trading Directive), the EU Emission Trading System (hereinafter referred to as the EU ETS) entered into force on 1 January 2005.
V skladu z Direktivo 2003/87/ES Evropskega parlamenta in Sveta z dne 13. oktobra 2003 o vzpostavitvi sistema za trgovanje s pravicami do emisije toplogrednih plinov v Skupnosti in o spremembi Direktive Sveta 96/61/ES [10] (v nadaljnjem besedilu: Direktiva o trgovanju z emisijami), je sistem EU za trgovanje s pravicami do emisije toplogrednih plinov (v nadaljnjem besedilu: EU ETS) začel veljati 1. januarja 2005.
As a consequence, the operator of an installation covered by that directive must hold allowances for its greenhouse gas emissions.
Posledično mora imeti upravljavec naprave, opredeljene v navedeni direktivi, pravice do emisij toplogrednih plinov.
The allowances are either allocated to the operator for free at the beginning of each trading period or bought by the operator in auction and/or on the market.
Pravice se upravljavcu brezplačno dodelijo na začetku vsakega obdobja trgovanja ali pa jih upravljavec kupi na dražbi in/ali trgu.
In the first trading period (1.1.2005 until 31.12.2007), Member States were obliged to allocate at least 95 % of the allowances for free.
V prvem obdobju trgovanja (od 1.1.2005 do 31.12.2007) so morale države članice brezplačno dodeliti vsaj 95 % pravic.
Denmark chose to auction the remaining 5 % allowances in open auctions.
Danska se je odločila, da bo preostalih 5 % pravic ponudila na odprtih dražbah.
For the second trading period (1.1.2008 until 31.12.2012), Member States had the option to auction 10 % of the allowances.
V drugem obdobju trgovanja (od 1.1.2008 do 31.12.2012) so imele države članice možnost, da na dražbi ponudijo 10 % pravic.
Denmark chose to allocate all allowances for free [11].
Danska se je odločila, da bo vse pravice dodelila brezplačno [11].
The notified scheme
Priglašena shema
By the notified scheme, the Danish authorities propose that energy-intensive businesses [12] covered by the EU ETS would get a full exemption (by refunding) from the CO2 tax.
V skladu s priglašeno shemo danski organi predlagajo, da naj bi bila vsa energetsko intenzivna podjetja [12] v sistemu EU za trgovanje z emisijami popolnoma oproščena davka na CO2 (s povračilom).
Other businesses covered by the EU ETS would pay a CO2 tax corresponding to 50 % of the minimum tax levels.
Druga podjetja v sistemu EU ETS bi morala plačati davek na CO2, ki ustreza 50 % najnižjih ravni obdavčitve.