natgillin/translations-raw huggingface dataset:
It follows from the above that the resources of OER amount to State resources and thus any credit from OER seems to be imputable to the State.
Poleg tega končni znesek dokapitalizacije navsezadnje ni zadostoval za pokritje negativnega lastniškega kapitala družbe Larco in ga torej ni mogoče šteti za ukrep, s katerim se ščiti vrednost družbe in podpira njeno prestrukturiranje.
The evidence provided by the Greek authorities show that Larco's debt to OER (subsequently transferred to the State) had been regularly reported and invoiced, in accordance with the 1998 debt settlement agreement agreed under the 1998 debt settlement agreement.
Kar zadeva udeležbo NBG, Komisija navaja pojasnilo Sodišča, da „sočasnost, pa čeprav ob znatnih zasebnih naložbah, ne more sama po sebi zadostovati za ugotovitev neobstoja pomoči v smislu člena 87(1) ES, ne da bi se upoštevalo ostale upoštevne dejanske in pravne elemente“ [25].
Part of the debt was collected, when the profitability of the company allowed it.
Delne udeležbe banke NBG dejansko ni mogoče uporabiti kot dokaz soobstoja države in zasebnih delničarjev, saj je bila banka NBG izpostavljena v razmerju do družbe Larco ne samo kot delničar, ampak tudi kot upnik.
Larco undertook investments during that period, which reduced repayments, but those investments were agreed by all creditors.
Njena odločitev, da se le deloma udeleži dokapitalizacije, je bila zato samo način, kako zavarovati ne samo vrednost svoje naložbe, ampak tudi svoj položaj upnika.
According to the agreement, the creditors were not entitled to any forced execution of the outstanding debt.
Nazadnje, zapisnik skupščine delničarjev ne podpira trditve grških organov, da je bil namen družbe PPC, da omogoči državi velik večinski delež.
In the light of the above, it is concluded that Measure 1 complied with the MECP, since the State, as creditor, acted in a way comparable to that of a private creditor, since it used all the means at its disposal and within the contractually agreed framework, in order to collect its debt.
Nasprotno, družba PPC je zgolj izjavila, da ne bo sodelovala v dokapitalizaciji.
State guarantees put State resources at risk, as their call is paid through the State budget.
Komisija zato meni, da razumni vlagatelj v tržnem gospodarstvu v teh okoliščinah ne bi sodeloval v dokapitalizaciji družbe Larco.
Moreover, any guarantee that is not properly remunerated implies a loss of financial resources for the State.
Ker je bil ukrep sprejet selektivno za družbo Larco, Komisija meni, da je bila z državno udeležbo v dokapitalizaciji leta 2009 prejemniku dana selektivna prednost.
Thus, the criterion of State resources and imputability to the State is fulfilled for this measure and this is not disputed by the Greek authorities.
Iz razlogov, navedenih v uvodnih izjavah 75 in 76 zgoraj, lahko ukrep vpliva na trgovino med državami članicami in izkrivi konkurenco.
The Commission disagrees with the argument of the Greek authorities that the conditions of Section 3.2 of the Guarantee Notice are fulfilled.
Ugotovi se, da ukrep št. 3 pomeni državno pomoč v smislu člena 107(1) Pogodbe.
In addition, an annual guarantee premium of 1 % cannot be considered as reflecting the risk of default for the guaranteed loans, given the significant financial difficulties of Larco and in particular its high debt to equity ratio.
Kar zadeva datum dodelitve, iz zapisnika skupščine delničarjev z dne 14. maja 2009 izhaja, da je grška država 15. aprila 2009 [27] za dokapitalizacijo zagotovila 15000000 EUR ob upoštevanju celotnega prispevka države k dokapitalizaciji [nejasno], ki je znašal 44999999,40 EUR.
The Commission considers that a reasonable market creditor would not have provided Larco with a guarantee under those conditions.
Komisija nima informacije o datumu, ko je bil dodeljen preostali znesek prispevka države k dokapitalizaciji družbe.
Since the measure was provided selectively to Larco, the Commission concludes that the 2008 State guarantee provided a selective advantage to the beneficiary.
Iz enakih razlogov kot v primeru ukrepa št. 2 je merilo državnih sredstev in vpletenosti države izpolnjeno za ukrep št. 4, česar grški organi ne izpodbijajo.
Larco is active in a sector in which products are traded among Member States and itself exports most of its production to other Member States.
Komisija priznava, da bi lahko šlo za običajno poslovno prakso, da delničarji dajejo poroštva v okoliščinah, podobnih okoliščinam tega primera.
In addition, there is nickel mining, smelting and refining in 6 Member States apart from Greece, namely in Austria, Finland, France (New Caledonia), Spain, Sweden and the United Kingdom [23].
Vendar ker je bila banka NBG tudi delničarka družbe Larco, Komisija meni, da bi bilo za delničarje normalno, če bi si sorazmerno delili izpostavljenost, ki izhaja iz spornega poroštva.
Nickel is traded in almost all Member States [24].
Namesto tega pa je država prevzela celotno tveganje s tem, da je dala poroštvo za dolg, medtem ko je bila družba Larco v težavah in je njen dolg naraščal.
The measures in question enable Larco to continue operating so that, unlike other competitors with financial difficulties, it does not have to face the consequences normally deriving from its difficult financial results.
Kar zadeva ukrep št. 2, pogoji iz oddelka 3.2 Obvestila o poroštvu niso izpolnjeni niti za ta ukrep, saj 2-odstotne premije ni mogoče obravnavati, kot da odraža tveganje neplačila družbe Larco.
This distorts competition as other companies active in the same markets need to operate without such State support.
Komisija torej meni, da razumni upnik v tržnem gospodarstvu ne bi dal poroštva družbi Larco v takih okoliščinah.
Thus, it is concluded that Measure 2 constitutes State aid within the meaning of Article 107(1) of the Treaty.
Ker je bil ukrep sprejet selektivno za družbo Larco, Komisija meni, da je bila prejemniku dana selektivna prednost.
The Commission considers that the aid is equal to the amount of the guaranteed loan, because it is doubtful that Larco, in view of its economic difficulties, would have found any funding in the market irrespective of the conditions.
Ugotovi se, da ukrep št. 4 pomeni državno pomoč v smislu člena 107(1) Pogodbe.
In other words, the Commission considers that Larco received an advantage equal to the amount of the guaranteed loan, because without the State guarantee it would not have been able to receive that financing from the market.
Komisija meni, da je znesek pomoči enak znesku, za katerega je bilo dano poroštvo, saj je očitno, da ne glede na okoliščine noben razumen akter na trgu ne bi bil sposoben dati poroštva za tak znesek za družbo Larco glede na njene ekonomske težave.
The Commission does not have any information indicating that the guarantee has been triggered.
Z drugimi besedami, Komisija meni, da je družba Larco dobila ugodnost, enako znesku, za katerega je bilo dano poroštvo, saj brez državnega poroštva na trgu ne bi mogla pridobiti nobenega poroštva.
The participation of the State in Larco's 2009 share capital increase involves State resources and is imputable to the State.
Bančne garancije namesto predplačila dodatnega davka leta 2010
Thus, this criterion is fulfilled and is not disputed by the Greek authorities.
Komisija upošteva pojasnila grških organov v zvezi z dejanskim ozadjem ukrepa št. 5.
The Commission has not received any convincing evidence from the Greek authorities which would justify their argument that the State acted as a reasonable market investor.
Glede na dokaze, ki so jih predložili grški organi, se Komisija strinja, da je sodišče dalo družbi Larco pravico nadomestiti predplačilo dodatnega davka z bančnimi garancijami na podlagi objektivnih meril, ki bi veljala za vsako družbo v podobnem položaju.
Indeed, minutes of the shareholders meetings provided as evidence suggest that no restructuring plan was provided to the shareholders prior to the capital increase, despite Larco being a firm in difficulty.
Torej se ugotovi, da ukrep št. 5 ne pomeni selektivne prednosti za družbo Larco.
In addition, the final amount of the capital increase was eventually insufficient to cover the negative equity of Larco and could thus not be seen as a measure protecting the company's value and supporting its restructuring.
Komisija upošteva pojasnila grških organov v zvezi z dejanskim ozadjem ukrepa št. 6.
As regards the participation of NBG, the Commission recalls the Court's clarification that ‘simultaneity cannot in itself, even where significant private investments have been made, suffice for a finding that there has been no aid within the meaning of Article 87(1) EC without taking into consideration the other relevant facts and points of law.’ [25].
Komisija se ne strinja z grškimi organi, da ukrep št. 6 ne vključuje državnih sredstev.
Indeed, the partial participation of NBG cannot be used as evidence of concomitance between State and private shareholders because NBG was exposed to Larco not only as a shareholder, but also as a creditor.
Prvič, kot je bilo obrazloženo v zvezi z ukrepom št. 2, državna poroštva ogrožajo državna sredstva, ker se unovčujejo iz državnega proračuna.
Its decision to participate partially in the capital increase was thus a means to protect not only the value of its investment but also its position as a creditor.
Poleg tega vsako poroštvo, ki se ne vrača ustrezno s tržno premijo, pomeni izgubo finančnih sredstev za državo.
Furthermore, the State had already provided Larco with the 2008 State guarantee.
Dalje, trditev glede neplačanega dolga v višini 60 milijonov EUR iz naslova DDV se zdi nezdružljiva s pripombami, podanimi v zvezi z ukrepom št. 5, v katerih so grški organi trdili, da zakonito in namenoma niso vrnili zapadlega DDV, zato da so izravnali odlog predplačila dodatnega davka.
Thus, as established by relevant case law, the provision of the State's participation to the 2009 capital increase cannot be seen in isolation, but must be considered in the context of other aid measures [26].
Komisija zato meni, da je merilo državnih sredstev in vpletenosti države za ta ukrep izpolnjeno.
Finally, the minutes of the shareholders' meetings do not support the argument of the Greek authorities that PPC's intention was to allow the State a large shareholding majority.
Podobno kot pri ukrepih št. 2 in 4 pogoji oddelka 3.2 Obvestila o poroštvu niso izpolnjeni niti pri tem ukrepu.
Instead, PPC simply declared that it would not participate in the share capital increase.
Torej se ugotovi, da ukrep št. 6 pomeni državno pomoč v smislu člena 107(1) Pogodbe.
Thus, the Commission considers that a reasonable market investor would not have participated in Larco's share capital increase under those conditions.
Tako kot pri ukrepu št. 2 Komisija meni, da je znesek pomoči enak znesku posojila, zavarovanega s poroštvom, saj je dvomljivo, da bi družba Larco glede na svoje ekonomske težave našla financiranje na trgu ne glede na okoliščine.
Since the measure was provided selectively to Larco, the Commission concludes that the State's participation in the 2009 capital increase provided the beneficiary with a selective advantage.
Sklep o obstoju državne pomoči
For the reasons set out in recitals 75-76 above, the measure has the potential to affect trade between Member States and to distort competition.
Glede na zgoraj navedeno Komisija meni, da ukrepa št. 1 in 5 nista državni pomoči, medtem ko so ukrepi št. 2, 3, 4 in 6 državne pomoči v smislu člena 107(1) Pogodbe.
Thus, it is concluded that measure 3 constitutes State aid within the meaning of Article 107(1) of the Treaty.
Državna pomoč, ki jo vključuje ukrep št. 4, znaša 10820824,95 EUR, dodeljena pa je bila 10. maja 2010, in skupni znesek državne pomoči, ki jo vključuje ukrep št. 6, je 50000000 EUR (rezultat 30000000 EUR + 30000000 EUR), dodeljene 30. decembra 2011.
Since it is not disputed that the State exercised its full rights to the share capital increase [unclear], the value of Measure 3 amounts to EUR 44999999,40.
Nezakonita pomoč
As regards the granting date, it follows from the minutes of the shareholders meeting of 14 May 2009 that the Greek State provided EUR 15000000 to the capital increase on 15 April 2009 [27], with a view to the total contribution of the State to the share capital increase[unclear], which amounted to EUR 44999999,40.
Ukrepi št. 2, 3, 4 in 6 pomenijo državno pomoč in so bili sprejeti ob kršitvi obveznosti priglasitve in mirovanja, določeni v členu 108(3) Pogodbe.
The Commission does not have information about the date on which the remaining amount of the State's contribution to the Company's share capital increase was granted.
Zato so ti ukrepi nezakonita državna pomoč.
For the same reasons as for Measure 2, the criterion of State resources and imputability to the State is fulfilled for Measure 4 and this was not disputed by the Greek authorities.
Združljivost pomoči
The Commission acknowledges that it may be common business practice for shareholders to provide guarantees in circumstances similar to this case.
V kolikor nekateri ukrepi pomenijo državno pomoč v smislu člena 107(1) Pogodbe, je treba njihovo združljivost presojati ob upoštevanju izjem iz odstavkov 2 in 3 tega člena.
Instead, the State assumed the entire risk, providing a guarantee for a debt, while Larco was in difficulty and already had mounting debt.
Združljivost ukrepov št. 2, 4 in 6
As for Measure 2, the conditions of Section 3.2 of the Guarantee Notice are not fulfilled for this measure either, since a 2 % premium cannot be considered as reflecting the risk of Larco's default.
Grški organi za ukrepa št. 2 in 4 niso navedli nobenih razlogov za združljivost, saj so trdili, da ukrepa nista državna pomoč.
Thus, the Commission considers that a reasonable market creditor would not have provided Larco with a guarantee under those conditions.
Glede na to, da sta ukrepa državna pomoč, bi ju bilo treba presojati glede na njuno združljivost v skladu s členom 107(3)(c) Pogodbe in zlasti glede na Smernice za reševanje in prestrukturiranje, saj je družba Larco podjetje v težavah vsaj od leta 2008.
Since the measure was provided selectively to Larco, the Commission concludes that it provided a selective advantage to the beneficiary.
V skladu s točko 20 Smernic za reševanje in prestrukturiranje „se, dokler ni zagotovljena njegova sposobnost preživetja, to podjetje [v težavah] toliko časa ne more šteti k ustreznim instrumentom za pospeševanje drugih ciljev javne politike.
Thus, it is concluded that measure 4 constitutes State aid within the meaning of Article 107(1) of the Treaty.
Posledično Komisija meni, da lahko zgolj ob izpolnjevanju pogojev, opredeljenih v teh smernicah, pomoč podjetjem v težavah prispeva k razvoju gospodarskih dejavnosti, ne da bi ob tem škodila trgovini v tolikšni meri, ki je v nasprotju z interesom Skupnosti“.
The Commission considers that the amount of the aid is equal to the guaranteed amount, because it is clear that, irrespective of the conditions, no reasonable market player would have been able to guarantee that amount for Larco, in view of its economic difficulties.
Vendar zadevni pogoji iz Smernic za reševanje in prestrukturiranje (oddelek 3.1.) v tem primeru niso izpolnjeni.
In other words, the Commission considers that Larco received an advantage equal to the guaranteed amount, because without the State guarantee it would not have been able to receive any guarantee by the market.
Poroštva niso prenehala po 6 mesecih, grški organi pa niso priglasili načrta za prestrukturiranje, s katerim naj bi se obnovila sposobnost preživetja družbe, izvedeni pa niso bili nobeni izravnalni ukrepi, da bi ublažili izkrivljanje konkurence.
letters of guarantee instead of pre-payment of an additional tax in 2010
Končno, ne obstaja noben dokaz, da je bila pomoč omejena na najnižji potrebni znesek, zlasti tako da upravičenec do pomoči prispeva pomemben del svojih sredstev.
The Commission takes note of the clarifications provided by the Greek authorities as regards the factual background of Measure 5.
Organi niso predložili načrta za likvidacijo.
In the light of the evidence provided by the Greek authorities, the Commission agrees that the right to replace the pre-payment of the additional tax with letters of guarantee was granted to Larco by the court on the basis of objective criteria, which would have applied to any company in a similar situation.
Kar zadeva ukrep št. 6, so grški organi trdili, da je bil združljiv z Začasnim okvirom in začasno poroštveno shemo ter da ga je mogoče vsekakor opredeliti kot pomoč za reševanje.
Thus, it is concluded that Measure 5 did not involve a selective advantage to Larco.
Komisija se s trditvami grških organov ne strinja.
The Commission takes note of the clarifications provided by the Greek authorities as regards the factual background to Measure 6.
Meni, da pogoji iz Začasnega okvira in začasne poroštvene sheme niso bili izpolnjeni, saj je bila družba Larco podjetje v težavah.
The Commission disagrees with the Greek authorities that Measure 6 does not involve State resources.
Skupni znesek obeh poroštev je presegal letno maso plač družbe Larco, poroštvo je presegalo 90 % posojila, 1 % p.a. pa ni bilo mogoče šteti za tržno premijo, ki bi odražala tveganje neplačila za znesek, zavarovan s poroštvom.
First, as explained in respect of Measure 2, State guarantees put State resources at risk, as their call is paid through the State budget.
V zvezi s trditvijo, da je bil ukrep pomoč za reševanje, čeprav je Komisija razpravljala z grškimi organi o družbi Larco od leta 2011, organi niso nikoli omenili, da bi bilo treba poroštva iz leta 2011 obravnavati kot pomoč za reševanje in tega niso nikoli priglasili.
Moreover, any guarantee that is not properly remunerated with a market premium implies a loss of financial resources for the State.
V svojem odgovoru z dne 16. marca 2012 na vprašalnik so grški organi pravzaprav izrecno izjavili, da družba ni bila deležna pomoči za reševanje in/ali prestrukturiranje v zadnjih 10 letih.
Furthermore, the argument about the outstanding debt of EUR 60 million in VAT seems contradictory to the comments provided in respect of Measure 5, whereby the Greek authorities argued that they legally and intentionally did not return VAT due, in order to offset the suspension of the pre-payment of the additional tax.
Vendar zadevni pogoji iz Smernic za reševanje in prestrukturiranje niso izpolnjeni niti v tem primeru.
Thus, the Commission considers that the criterion of State resources and imputability to the State is fulfilled for this measure.
Poroštva 2011 niso prenehala po 6 mesecih, grški organi pa niso priglasili načrta za prestrukturiranje ali likvidacijo.
Similar to Measures 2 and 4, the conditions of Section 3.2 of the Guarantee Notice are not fulfilled for this measure either.
Poslovni načrt, s katerim je bila utemeljena potreba po 30 milijonih EUR za naložbe, ne more biti podlaga za združljiv načrt za prestrukturiranje za namene Smernic za reševanje in prestrukturiranje.
Thus, it is concluded that Measure 6 constitutes State aid within the meaning of Article 107(1) of the Treaty.
To je zato, ker namen tistega načrta ni bil obnoviti sposobnost preživetja družbe, niti niso bili predvideni ali izvedeni izravnalni ukrepi, da bi ublažili izkrivljanje konkurence.
As for Measure 2, the Commission considers that the amount of the aid is equal to the amount of the guaranteed loans, because it is doubtful that Larco, in view of its economic difficulties, would have found any funding in the market irrespective of the conditions.
Končno, ni bilo nobenega dokaza, da je bila pomoč omejena na najnižji potrebni znesek, zlasti tako da upravičenec do pomoči prispeva pomemben del svojih sredstev.
Conclusion on existence of State aid
Organi niti niso predložili načrta za likvidacijo.
In the light of the above, the Commission considers that Measures 1 and 5 do not constitute State aid, whereas Measures 2, 3, 4 and 6 constitute State aid within the meaning of Article 107(1) of the Treaty.
Komisija ni našla nobenih drugih morebitnih razlogov za združljivost ukrepov št. 2, 4 in 6.
Thus, the State aid comprised in Measure 2 amounts to EUR 30000000, granted on 22 December 2008.
Glede na zgoraj navedeno Komisija meni, da ukrepi št. 2, 4 in 6 niso združljivi z notranjim trgom.
The State aid comprised in Measure 3 amounts to EUR 44999999,40, but the granting date(s) need to be clarified by the Greek authorities.
Združljivost ukrepa št. 3
The State aid comprised in Measure 4 amounts to EUR 10820824,95, granted on 10 May 2010 and the total State aid comprised in Measure 6 amounts to EUR 50000000 (resulting from EUR 30000000 + EUR 30000000) granted on 30 December 2011.
Grški organi niso opredelili nobenih morebitnih razlogov za združljivost ukrepa št. 3, saj so trdili, da ukrep ni državna pomoč.
Unlawful aid
Glede na to, da je ukrep državna pomoč, bi ga bilo treba presojati tudi glede na njegovo združljivost v skladu s Smernicami za reševanje in prestrukturiranje iz razlogov, navedenimi v uvodni izjavi 112 zgoraj.
The Measures 2, 3, 4 and 6 constitute State aid and were granted in breach of the notification and stand-still obligations established in Article 108(3) of the Treaty.
Vendar zadevni pogoji iz Smernic za reševanje in prestrukturiranje niti v tem primeru niso izpolnjeni.
Thus, those measures constitute unlawful State aid.
Grški organi nikoli niso priglasili načrta za prestrukturiranje, ki naj bi obnovil sposobnost preživetja družbe, niti se niso izvajali nobeni izravnalni ukrepi, da bi ublažili izkrivljanje konkurence.
Compatibility of the aid
Komisija ni našla nobenih drugih morebitnih razlogov za združljivost tega ukrepa.
Inasmuch as certain measures constitute State aid within the meaning of Article 107(1) of the Treaty, their compatibility must be assessed in the light of the exceptions laid down in paragraphs 2 and 3 of that Article.
Glede na zgoraj navedeno Komisija meni, da je ukrep št. 3 nezdružljiv z notranjim trgom.
According to the case-law of the Court of Justice, it is up to the Member State to invoke possible grounds of compatibility and to demonstrate that the conditions for such compatibility are met [28].
Vračilo
Compatibility of measures 2, 4 and 6
V skladu s Pogodbo in ustaljeno sodno prakso Sodišča je Komisija pristojna za odločanje, ali mora zadevna država članica ukiniti ali spremeniti pomoč, ko ugotovi, da je nezdružljiva z notranjim trgom [29].
For Measures 2 and 4 the Greek authorities did not invoke any possible grounds of compatibility, because they argued that the measures did not constitute State aid.
Prav tako Sodišče dosledno meni, da je namen obveznosti države, da ukine pomoč, za katero Komisija meni, da ni združljiva z notranjim trgom, ponovna vzpostavitev prejšnjih razmer [30].
Given that the measures constitute State aid, they should be assessed with regards to their compatibility under Article 107(3)(c) of the Treaty and in particular under the Rescue and Restructuring Guidelines, since Larco has been a firm in difficulty at least since 2008.
V tem okviru je Sodišče odločilo, da je ta cilj dosežen, če prejemnik vrne zneske, ki so bili dodeljeni z nezakonito pomočjo, in se tako odpove ugodnostim, ki jih je užival v primerjavi s konkurenti na trgu, ter če se ponovno vzpostavi stanje pred plačilom pomoči [31].
According point 20 of the Rescue and Restructuring Guidelines, ‘a firm in difficulty cannot be considered an appropriate vehicle for promoting other public policy objectives until such time as its viability is assured.
V skladu s sodno prakso člen 14(1) Uredbe Sveta (ES) št. 659/1999 [32] določa, da „če se v primerih nezakonite pomoči sprejmejo negativne odločbe, Komisija odloči, da mora zadevna država članica sprejeti vse potrebne ukrepe, da upravičenec vrne pomoč […]“.
Consequently, the Commission considers that aid to firms in difficulty may contribute to the development of economic activities without adversely affecting trade to an extent contrary to the Community interest only if the conditions set out in these Guidelines are met.’
Zato glede na to, da noben od zadevnih ukrepov ni bil priglašen Komisiji in se je s tem kršil člen 108 Pogodbe ter jih je zato treba šteti za nezakonite in nezdružljive pomoči, jih je treba vrniti, da bi se ponovno vzpostavilo stanje, ki je obstajalo na trgu, pred dodelitvijo pomoči.