natgillin/translations-raw huggingface dataset:
Therefore, in the case of a top-up scheme where the decision to extend the cover is taken only after the premium for the initial credit insurance limit has been set, the price of the top-up must reflect a higher risk of possible excess cover.
Kakršno koli odstopanje od člena 107(3)(b) PDEU, ki dovoljuje državno pomoč, mora zagotoviti, da se ta pomoč omeji na nujne ukrepe, da bi bil njen cilj dosežen.
The argument of the Portuguese authorities, according to which firms would operate an adverse selection which would ensure that the riskier operations would be covered by private insurance, is not supported by any concrete data nor by the known market practice.
Kot je pojasnjeno v uvodni izjavi 46, oblika sheme izključuje podjetja, ki jih kriza najbolj prizadene, in zato obravnavanje domnevne tržne nepopolnosti glede nerazpoložljivosti zasebnega kritja ni ustrezno.
The most common form of private short-term credit insurance (whole turnover policy) requires that whole portfolio of credited sales is covered under the policy.
Nujnost in sorazmernost:
Thus, the insured company is prevented from insuring their risks selectively.
usklajevanje premijskih stopenj s stopnjami, ki jih zaračunavajo zasebni zavarovatelji posojil
The Commission considers that the price of supplementary insurance should have taken into account the higher level of risk assumed.
Kot je navedeno v uvodni izjavi 62, informacije, ki jih je zagotovila Portugalska, kljub temu, da kažejo na napetosti na trgu zasebnih zavarovanj posojil, ne dokazujejo nerazpoložljivosti kritja.
The pricing should therefore have been higher than the price charged for the base cover by the private insurers.
Zato ni mogoče dokazati nujnosti državnega posredovanja.
In the present case, the rates charged under the scheme are lower than the current rates in the export credit insurance market, which is confirmed by Portugal in its reply to the Commission decision of 27 October 2010 initiating the formal investigation procedure.
Kot je pojasnjeno v uvodnih izjavah 21 in 64, stopnje, ki se zaračunavajo v okviru sheme, pomenijo 60 % stopnje, ki jo zaračuna zasebni zavarovatelj za kritje iste stranke.
That pricing is also lower than the 2007 and 2008 market rates.
Kot je pojasnjeno v uvodnih izjavah 65 in 67, mora v primeru sheme „top-up“, kadar se odločitev za razširitev kritja sprejme šele po določitvi premije za prvotni limit zavarovanja posojil, cena sheme „top-up“ odražati večje tveganje možnega presežnega kritja.
For that reason, the argument brought forward by the Portuguese authorities, according to which the pricing corresponds to the market rates before the crisis, is also not confirmed.
Cilj zagotovitve domnevno nerazpoložljivega zavarovalnega kritja bi se lahko dosegel tudi s shemo, katere cene se določijo na tak način, da odražajo osnovno tveganje, ki ga prevzame država.
Moreover, the price should also take into account the level of risk assumed.
Zato oblikovanje cen sheme, ki temelji na premiji, nižji od premije, ki bi se za podobna tveganja zaračunavala na trgu, ni sorazmerno s ciljem sheme.
Therefore, the pricing should in fact be higher than the market price.
Glede na navedeno dela sheme v zvezi z zavarovanjem izvoznih posojil ni mogoče šteti za združljivega s pomočjo za izvoznike na podlagi člena 107(3)(b) PDEU in začasnega okvira.
In the light of the foregoing, the scheme as applied to insurers is incompatible with the Communication and the Temporary Framework.
Glede na člen 107(3)(c) so vsi argumenti v zvezi z primernostjo, nujnostjo in sorazmernostjo v analizi združljivosti na podlagi člena 107(3)(b) enako ustrezni.
Compatibility of the measure aimed at short-term export credit insurance
Združljivost sheme v zvezi z dejavnostmi zavarovanja notranje trgovine
Article 107(3)(c), applicable under normal market circumstances, and Article 107(3)(b) of the TFEU, applicable in periods of serious disturbance in the economy, allow aid to be considered compatible with the internal market under certain conditions.
V zvezi z uporabo sheme za domače transakcije bi lahko zavarovanje notranje trgovine, ki je pod tržno ceno, trgovinske transakcije odvrnilo od izvoza v korist domačih transakcij in bi imelo velik vpliv na uvoz.
The Commission recalls that according to case law, Article 107(3)(b) of the TFEU must be applied restrictively and must tackle a disturbance in the entire economy of a Member State.
Zato je državna podpora pod običajnimi tržnimi pogoji v korist dejavnostim notranje trgovine strogo prepovedana.
[22]
Vendar pododstavka (b) in (c) člena 107(3) PDEU v določenih okoliščinah omogočata, da se pomoč šteje za združljivo z notranjim trgom.
In line with the principles set out in the Temporary Framework (paragraph 5.1), as prolonged until 31 December 2012, in order to be deemed compatible, aid measures must fulfil the following criteria:
Sporočilo in začasni okvir v tem smislu za zavarovanje kratkoročnih izvoznih posojil določata merila za združljivost ukrepov pomoči.
Appropriateness
Vendar ta besedila ne vključujejo notranjih trgovinskih transakcij.
The aid must be well-targeted in order to be able to effectively achieve the objective of remedying a serious disturbance in the economy.
Vendar je Portugalska v okviru začasnega okvira priglasila shemo v okviru trenutne finančne krize.
It would not be the case if the measure were not appropriate to remedy the disturbance.
Zato je treba ugotoviti, ali bi se shema glede na daljnosežne posledice trenutne gospodarske krize lahko štela za združljivo neposredno na podlagi člena 107(3)(b) PDEU.
Necessity
Če ne, je treba analizirati, ali se lahko ukrep šteje za združljivega na podlagi člena 107(3)(c).
The aid measure must, in its amount and form, be necessary to achieve the objective.
V zvezi z združljivostjo na podlagi člena 107(3)(b) PDEU ta določba Komisiji omogoča, da pomoč razglasi za združljivo z notranjim trgom, če je njen cilj „odprava resne motnje v gospodarstvu države članice“.
Thus, it must be of the minimum amount necessary to reach the objective, and take the form most appropriate to remedy the disturbance.
Komisija opozarja, da je treba člen 107(3)(b) PDEU uporabljati restriktivno in da mora obravnavati motnjo, ki vpliva na celotno gospodarstvo države članice [24].
In other words, if a lesser amount of aid or a measure in a less distortive form were sufficient to remedy a serious disturbance in the entire economy, the measure in question would not be necessary.
Prav tako opozarja, da mora ukrep izpolnjevati načela primernosti, nujnosti in sorazmernosti, kot je navedeno v uvodni izjavi 73.
That analysis is confirmed by settled case law of the Court of Justice [23]. c.
Ukrep je bil sprejet v okviru trenutne finančne krize in je časovno omejen.
Proportionality
Komisija je prejela dopise izvoznikov in zasebnih zavarovateljev, ki kažejo zmanjšanje zavarovalnega kritja za domače transakcije.
The positive effects of the measures must be properly balanced against the distortions of competition, in order for the distortions to be limited to the minimum necessary to reach the measures' objectives.
Portugalski organi trdijo, da se je škodni količnik povečal na 102 %.
Article 107(1) of the TFEU prohibits all selective public measures that are capable of distorting trade between Member States.
Vendar ugotovitev ni prepričljiva, ker povečanje sledi stalnemu trendu od leta 2004, kot je prikazano v ugotovitvah, ki so jih zagotovili portugalski organi.
Any derogation under Article 107(3)(b) of the TFEU which authorises State aid must ensure that such aid is limited to what is necessary to achieve its stated objective.
To stalno povečevanje škodnega količnika, tudi pred izbruhom finančne krize, lahko kaže na strukturno težavo na trgu in ne na tržno nepopolnost pri financiranju notranje trgovine.
As explained in recital 46, the design of the scheme excludes companies which are hardest hit by the crisis and therefore it is not appropriate to address the alleged market failure of unavailability of private cover.
Zato Komisija ni našla dokazov, da je shema primerna za obravnavanje resne motnje v gospodarstvu, in meni, da sheme ni mogoče razglasiti za združljivo z začasnim okvirom ali členom 107(3)(b).
Necessity and proportionality:
Cilj sheme v zvezi z združljivostjo ukrepa na podlagi sporočila in člena 107(3)(c) je obravnavati nerazpoložljivost kritja na trgu zavarovanj.
alignment of premium rates with rates charged by private credit insurers
Vendar ker gre za shemo „top-up“, ki zasebnim zavarovateljem dopušča nekaj proste presoje pri izbiri upravičenca, shema iz kritja morda izključuje podjetja, ki so v dejanskem položaju, primerljivem s podjetji, ki imajo kritje, vendar jih je kriza bolj prizadela.
As stated above in recital 62, although the information provided by Portugal indicates strains in the private credit insurance market, it fails to prove an unavailability of cover.
Za taka izključena podjetja bi se zavarovalno kritje v celoti umaknilo in ne samo delno preklicalo.
Therefore the necessity of the State intervention cannot be established.
Poleg tega ukrep upravičencem ne zagotavlja samo dodatnega kritja, ampak tudi prednost v zvezi z oblikovanjem cen, če so premije pod tržnimi stopnjami.
As explained in recitals 21 and 64, the rates charged under the scheme represent 60 % of the rates charged by private insurers to cover the same client.
Kot je že navedeno, stopnje, ki se zaračunavajo v okviru sheme, pomenijo 60 % stopnje, ki jo zaračuna zasebni zavarovatelj za kritje iste stranke, medtem ko dejstvo, da se limit kritja poveča na dvojno vrednost prvotnega limita, pomeni večje tveganje, ki ga premija ne odraža.
As explained above in recitals 65 to 67, in the case of a top-up scheme where the decision to extend the cover is taken only after the premium for the initial credit insurance limit has been set, the price of the top-up must reflect a higher risk of possible excess cover.
Raven oblikovanja cen v okviru sheme ni upravičena glede na potrebo po obravnavi nerazpoložljivosti zavarovalnega kritja.
The objective to provide the allegedly unavailable insurance cover could also be achieved through a scheme priced in such a way as to reflect the underlying risk assumed by the State.
Shema ni sorazmerna z doseganjem njenega navedenega cilja glede na morebitna izkrivljanja konkurence.
Therefore, the pricing of the scheme based on a premium lower than the premium which would be charged by the market for similar risks is not proportionate to the objective of the scheme.
Komisija glede na navedeno ugotavlja, da državna pomoč, dodeljena za dejavnosti zavarovanja notranje trgovine, ne izpolnjuje pogojev iz pododstavkov (b) in (c) člena 107(3) PDEU ter ni združljiva z notranjim trgom.
In view of the above, the export credit insurance part of the scheme cannot be considered to be compatible aid to exporters under Article 107(3)(b) of the TFEU and the Temporary Framework.
SKLEPNA UGOTOVITEV
Regarding Article 107(3)(c), all the arguments in respect of appropriateness, necessity and proportionality are equally pertinent in the compatibility analysis under Article 107(3)(b).
Komisija glede na navedeno ugotavlja, da shema dodeljuje državno pomoč v smislu člena 107(1) PDEU, ki je ni mogoče razglasiti za združljivo z notranjim trgom.
Therefore the aid to export credit insurers under the scheme affects trade conditions to an extent contrary to the common interest.
VRAČILO
Compatibility of the scheme in relation to domestic trade insurance operations
V primeru negativnih sklepov v zvezi z nezakonito pomočjo Komisija v skladu s členom 14(1) Uredbe Sveta (ES) št. 659/1999 [25] odloči, da mora zadevna država članica sprejeti vse potrebne ukrepe, da upravičenci vrnejo pomoč.
As regards the application of the scheme to domestic transactions, domestic trade insurance below market price could divert trade transactions away from exports in favour of domestic transactions and have a major impact on imports.
Izterja se samo pomoč, ki ni združljiva z notranjim trgom.
Therefore, under normal market conditions State support in favour of domestic trade operations is strictly forbidden.
Namen izterjave je ponovna vzpostavitev stanja, ki je obstajalo pred dodelitvijo pomoči.
However, subparagraphs (c) and (b) of Articles 107(3) of the TFEU allow aid to be considered compatible with the internal market under certain circumstances.
Doseženo je takrat, ko upravičenci povrnejo nezdružljive pomoči in zato izgubijo prednosti, ki so jih bili deležni v nasprotju z njihovimi konkurenti.
In that context, the Communication and the Temporary Framework set criteria for the compatibility of aid measures for short-term export credit insurance.
Znesek, ki ga je treba vrniti, mora odpraviti gospodarsko prednost, dano upravičencem.
However, those texts do not cover domestic trade transactions.
Ker za povračilo državnega kritja ni na voljo nobena ustrezna tržna cena, je treba določiti ustrezno merilo za natančno količinsko opredelitev zneska pomoči.
Nevertheless, Portugal notified the scheme in the context of the current financial crisis under the Temporary Framework.
Kot je določeno v prvi alinei točke 4.2 obvestila Komisije o poroštvih [26], se lahko „gotovinski ekvivalent dotacije“ poroštva za posojilo v ustreznem letu izračuna na enak način kot ekvivalent dotacije ugodnega posojila.
Therefore it must be established whether, in view of the far-reaching consequences of the current economic crisis, the scheme could be regarded as compatible directly under Article 107(3)(b) of the TFEU.
Zato se lahko znesek pomoči izračuna kot razlika med teoretično tržno stopnjo in stopnjo, pridobljeno z državnim poroštvom, potem ko se odštejejo vse plačane premije.
If not, then it must be analysed whether the measure can be deemed compatible under Article 107(3)(c).
V zvezi s pomočjo za zavarovatelje prednost obstaja v obliki ohranjanja tržnega deleža zavarovateljev.
Concerning compatibility under Article 107(3)(b) of the TFEU, that provision enables the Commission to declare aid compatible with the internal market if it aims ‘to remedy a serious disturbance in the economy of a Member State’.
Če pomoči ne bi bilo, bi lahko kritje zagotovil drug tržni akter.
The Commission reiterates that Article 107(3)(b) of the TFEU needs to be applied restrictively and must tackle a disturbance that effects the entire economy of a Member State [24].
Kot je pojasnjeno v uvodni izjavi 35, konkurenčnost na trgu v glavnem temelji na količini in ne na cenah.
It also recalls that, as stated above in recital 73, the measure must fulfil the principles of appropriateness, necessity and proportionality.
Poleg tega je tržna praksa taka, da se določi povprečna cena za celoten portfelj, ki se nato zavaruje pri istem zavarovatelju [27], s čimer se zavarovano podjetje izogne selektivnosti.
The measure was put in place in the context of the current financial crisis and is limited in time.
Selektivnost se lahko pojavi, če je zavarovano podjetje plačalo povprečno ceno samo za stranke z večjim tveganjem in ni zavarovalo strank z manjšim tveganjem ali strank z manjšim tveganjem ni zavarovalo pri drugem zavarovatelju.
The Commission has received letters from exporters and private insurers indicating a reduction in insurance cover for domestic transactions The Portuguese authorities argue that the loss ratio has increased to 102 %.
Zato bi v primeru, če bi drug tržni akter izvoznikom zagotovil kritje za celotne zahtevane posojilne limite tudi po višji ceni, izvozniki verjetno prenesli vse svoje zavarovalne police k drugemu ponudniku kritja.
However, that observation is not conclusive since the increase follows a constant trend since 2004, as shown in the observations provided by the Portuguese authorities.
Prednost v monetarnem smislu je stopnja dobička, realizirana na obseg, ki ga zavaruje vsak zasebni zavarovatelj, in zmanjšana za stroške v zvezi z obsegom.
That constant increase in the loss ratio even before the outbreak of the financial crisis may point, not to a market failure in domestic trade financing, but rather to a structural problem in the market.
Če sheme ne bi bilo, bi te elemente, pretvorjene v dobičke, ki jih realizirajo zasebni zavarovatelji, ki sodelujejo v shemi v obdobju, v katerem je kritje „top-up“ zagotovila država, evidentiral drug tržni akter.
Therefore, the Commission has not found evidence that the scheme is appropriate to address a serious disturbance in the economy and considers the scheme cannot be declared compatible under the Temporary Framework or Article 107(3)(b).
Zato se pomoč v korist zavarovateljev količinsko opredeli kot dobiček, ki ga realizirajo zavarovatelji, ki sodelujejo v shemi v obdobju, ko je veljala, in sicer zaradi njihovega kritja posameznih izvoznikov in domačih trgovinskih družb, pridruženih shemi.
Concerning the compatibility of the measure under the Communication and Article 107(3)(c), the aim of the scheme is to address the unavailability of cover in the insurance market.
Prednost za stranke, pridružene shemi, je treba izračunati na ravni vsakega posameznega zavarovatelja, ki sodeluje v shemi, v primeru, če dobiček presega znesek de minimis, pa ga je treba vrniti.
However, being a top-up scheme which leaves some degree of latitude in the choice of the beneficiary to private insurers, the scheme potentially excludes companies from cover which are in a comparable factual situation to the companies covered, but were more affected by the crisis.
V zvezi z izvozniki morajo upravičenci pod tržnimi pogoji plačati povračilo za državno kritje.
Such excluded companies would have had insurance cover completely withdrawn as opposed to only partially cancelled.
Zato je treba znesek pomoči izračunati kot razliko med dejansko tržno stopnjo, prilagojeno za spremembo ravni tveganja.
Moreover, the measure not only provides additional cover to beneficiaries, it also provides an advantage in terms of pricing, given that the premiums are below market rates.
Komisija je na podlagi razumnih predpostavk in splošne tržne prakse razvila metodo za izračun zneska, ki ga je treba vrniti (pojasnjena je v Prilogi k temu sklepu).
As already noted, the rates charged under the scheme represent 60 % of the rates charged by a private insurer to cover the same client, while the fact that the cover limit is extended to double the initial limit implies a higher risk not reflected by the premium.
V skladu s to metodo je teoretična tržna cena za kritje, ki ga dodeli država, enaka 110-odstotni ceni (v smislu premijske stopnje), ki jo zasebni zavarovatelj zaračuna v primeru vsakega posameznega izvoznika.
The level of the pricing under the scheme is not justified in view of the need to address the unavailability of insurance cover.
Ker cena, ki se zaračuna v okviru sheme, pomeni 60 % premij, ki jih zaračuna zasebni zavarovatelj, je znesek, ki ga je treba vrniti pri vsaki transakciji, enak znesku, ki ga država zaračuna v okviru sheme, pomnoženem s 5/6.
The scheme is not proportionate to achieving its stated objective given the potential distortions of competition.
Znesek iz uvodne izjave 93 pomeni znesek, ki ga je treba vrniti, in obresti vračila, ki so dejansko obračunane za znesek od datuma, ko je bila pomoč na voljo upravičencem (datum posameznih poroštev), do dejanskega vračila zneska.
The Commission therefore concludes that the State aid granted to domestic trade insurance operations does not fulfil the conditions under subparagraphs (b) or (c) of Articles 107(3) of the TFEU and is incompatible with the internal market.
Obresti vračila se izračunajo z obrestnoobrestnim računom v skladu s poglavjem V Uredbe Komisije (ES) št. 794/2004 [28], kakor je bila spremenjena z Uredbo (ES) št. 271/2008 [29].
CONCLUSION
Ta sklep se izvede takoj, zlasti v zvezi z vračilom vseh posameznih pomoči, dodeljenih v okviru sheme, razen pomoči, ki izpolnjujejo pogoje iz uredb, sprejetih v skladu s členoma 1 in 2 Uredbe Sveta (ES) št. 994/98 [30], ali so dodeljene v okviru katere koli druge odobrene sheme pomoči do največjih intenzivnosti pomoči ali limitov de minimis, ki se uporabljajo za to vrsto pomoči –
In the light of the foregoing, the Commission concludes that the scheme grants State aid within the meaning of Article 107(1) TFEU which cannot be declared compatible with the internal market.
SPREJELA NASLEDNJI SKLEP:
RECOVERY
Člen 1
According to Article 14(1) of Council Regulation (EC) No 659/1999 [25], where negative decisions are taken in cases of unlawful aid, the Commission shall decide that the Member State concerned shall take all necessary measures to recover the aid from the beneficiaries.
Državna pomoč, vključena v shemo zavarovanja kratkoročnih izvoznih posojil, pri uporabi zakonskega odloka št. 175/2008 z dne 26. avgusta 2008 o vzpostavitvi sklada Finova in zakonskega odloka št. 211/1998 z dne 16. julija 1998, ki določa pravila, ki se uporabljajo za skupne poroštvene družbe (kot je bil spremenjen z zakonskim odlokom št. 19/2001 z dne 30. januarja 2001 in zakonskim odlokom št. 309-A/2007 z dne 7. septembra 2007), ki jo je Portugalska nezakonito dodelila v nasprotju s členom 108(3) Pogodbe o delovanju Evropske unije, je nezdružljiva z notranjim trgom.
Only aid which is incompatible with the internal market shall be recovered.
Člen 2
The purpose of recovery is to restore the situation that existed prior to the granting of the aid.
Posamezna pomoč, dodeljena na podlagi sheme iz člena 1, ki ob dodelitvi izpolnjuje pogoje iz uredbe, sprejete v skladu s členom 1 Uredbe (ES) št. 994/98, ali se dodeli v okviru katere koli druge odobrene sheme pomoči, je združljiva z notranjim trgom do največjih intenzivnosti pomoči ali omejitev de minimis, ki se uporabljajo za to vrsto pomoči.
It is achieved once the incompatible aids are repaid by the beneficiaries, which therefore forfeit the advantages which they enjoyed over their competitors.
Člen 3
The amount to be recovered should be such as to eliminate the economic advantage given to the beneficiaries.
Portugalska od upravičencev izterja nezdružljivo pomoč iz člena 1.
For the exact quantification of the amount of aid, as no appropriate market price is available for remuneration of the State cover, a proper benchmark has to be defined.
Za zneske, ki jih je treba izterjati, se od datuma, ko so bili dani na razpolago upravičencem, do datuma dejanske izterjave zaračunavajo obresti.
As set out in the first indent of point 4.2 of the Commission Notice on guarantees, [26] the ‘cash grant equivalent’ of a loan guarantee in a given year can be calculated in the same way as the grant equivalent of a soft loan.
Obresti se izračunajo z obrestnoobrestnim računom v skladu s poglavjem V Uredbe (ES) št. 794/2004, kakor je bila spremenjena s Uredbo (ES) št. 271/2008.
Hence the aid amount can be calculated as the difference between a theoretical market rate and the rate obtained thanks to the State guarantee after any premiums paid have been deducted.
Portugalska takoj odpravi shemo iz člena 1 in prekliče vsa neporavnana plačila pomoči v okviru sheme iz člena 1 z začetkom veljavnosti z datumom priglasitve tega sklepa.
In respect of the aid to insurers, the advantage takes the form of the preservation of the market share of the insurers.
Člen 4
In the absence of aid, cover could have been provided by another market player.
Izterjava pomoči, dodeljene v okviru sheme iz člena 1, je takojšnja in učinkovita.
In particular, as explained above in recital 35, competition in the market is based mainly on quantities and not on prices.
Portugalska zagotovi, da se ta sklep izvede v štirih mesecih po uradnem obvestilu o tem sklepu.
Furthermore, market practice is to fix an average price for the entire portfolio which is then to be insured with the same insurer [27] to avoid cherry picking by the insured company.
Člen 5
Cherry picking could occur if the insured company paid an average price only for clients with high risk and did not insure the lower risk clients or insure low risk clients with another insurer.
Portugalska v dveh mesecih po uradnem obvestilu o tem sklepu Komisiji predloži naslednje informacije: