natgillin/translations-raw huggingface dataset:
On 1 March 2012, the company, known until then as Dexia Banque Belgique, officially announced its new name: Belfius [17].
Družba, do tedaj znana kot Dexia Banque Belgique, je 1. marca 2012 uradno objavila svoje novo ime: družba Belfius [17].
In the first decision (‘the decision to extend the procedure’), it decided to extend the formal investigation procedure to all the additional measures for the restructuring of Dexia, in order to examine the initial orderly resolution plan for Dexia submitted by the Member States concerned on 21 and 22 March 2012 [21].
V prvem sklepu (v nadaljnjem besedilu: sklep o razširitvi postopka) se je Komisija odločila za razširitev formalnega postopka preiskave na vse dodatne ukrepe za prestrukturiranje skupine Dexia, da bi lahko proučila prvotni načrt nadzorovanega reševanja skupine Dexia, ki so ga zadevne države članice predložile 21. in 22. marca 2012 [21].
It also invited the Member States concerned to submit their comments and to provide any information on the recapitalisation of Dexia by Arcofin relevant to establishing whether or not the conditional authorisation decision should be revoked (see recitals 41 and 42 below).
Zadevne države članice je prav tako pozvala, naj ji predložijo svoje pripombe in zagotovijo kakršne koli informacije o dokapitalizaciji skupine Dexia s strani družbe Arcofin, ki bi bile pomembne za ugotavljanje, ali bi bilo treba sklep o pogojnem dovoljenju razveljaviti ali ne (glej uvodni izjavi 41 in 42 v nadaljevanju).
On 5 June 2012, the Member States concerned notified to the Commission an increase in the guarantee ceiling to the maximum amount of EUR 55 billion in principal. In its decision of 6 June 2012 [23] (‘the decision to increase the guarantee ceiling’), the Commission temporarily approved the increase in the guarantee ceiling, until such time as it adopted a final decision on the orderly resolution plan for Dexia, and extended the formal investigation procedure in respect of all the additional measures for the restructuring of Dexia opened by the temporary approval decision to include this measure.
Zadevne države članice so 5. junija 2012 Komisijo uradno obvestile o povečanju zgornje meje jamstva, pri čemer najvišji znesek glavnice znaša 55 milijard EUR. Komisija je do sprejetja končnega sklepa o načrtu nadzorovanega reševanja skupine Dexia v sklepu z dne 6. junija 2012 (v nadaljnjem besedilu: sklep o povečanju zgornje meje jamstva) [23] začasno odobrila povečanje zgornje meje jamstva ter obenem razširila formalni postopek preiskave vseh dodatnih ukrepov za prestrukturiranje skupine Dexia, začet s sklepom o začasni odobritvi tega ukrepa.
On that occasion, it mentioned the possibility of adopting, pursuant to Article 11 of Council Regulation (EC) No 659/1999 of 22 March 1999 laying down detailed rules for the application of Article 93 of the EC Treaty [25] (‘the Procedural Regulation’), a decision requiring the Member State to suspend the guarantee scheme, i.e. to take no further measures to implement the scheme.
Ob tej priložnosti je omenila možnost, da se v skladu s členom 11 Uredbe Sveta (ES) št. 659/1999 z dne 22. marca 1999 o določitvi podrobnih pravil za uporabo člena 93 Pogodbe ES [25] (v nadaljnjem besedilu: postopkovna uredba) sprejme sklep, ki od države članice zahteva, naj začasno odloži jamstveno shemo, tj. naj ne sprejme nobenih dodatnih ukrepov za izvajanje sheme.
In this letter, the Commission invited Belgium to submit its comments on this matter, which it did in a letter dated 22 December 2011.
Komisija je v tem dopisu Belgijo še pozvala, naj ji predloži pripombe, ki ji jih je ta država poslala v dopisu z dne 22. decembra 2011.
On 20 October 2011, DBB/Belfius was sold to the Belgian State and, on 31 December 2011, Dexia’s consolidated balance sheet (with the deconsolidation of DBB/Belfius on 1 October 2011) totalled EUR 413 billion. As part of its orderly resolution, Dexia also sold RBC Dexia Investor Services (‘RBCD’) on 27 July 2012, Dexia BIL on 5 October 2012 and Denizbank on 28 September 2012.
Banka DBB/Belfius je bila 20. oktobra 2011 prodana Belgiji, pri čemer je 31. decembra 2011 konsolidirana bilanca stanja skupine Dexia (z dekonsolidacijo banke DBB/Belfius 1. oktobra 2011) znašala 413 milijard EUR. Skupina Dexia je kot del nadzorovanega reševanja 27. julija 2012 prodala družbo RBC Dexia Investor Services (v nadaljnjem besedilu: družba RBCD), 5. oktobra 2012 družbo Dexia BIL, 28. septembra 2012 pa banko Denizbank.
Holding Communal Brussels, Belgium
Holding Communal Bruselj, Belgija
Group Arco Brussels, Belgium
Skupina Arco Bruselj, Belgija
Dexia’s difficulties also led the rating agency Moody’s to downgrade DBB/Belfius’ rating on 3 October 2011.
bonitetna agencija Moody’s je 3. oktobra 2011 zaradi težav skupine Dexia tudi znižala bonitetno oceno banke DBB/Belfius.
This announcement triggered massive withdrawals of customers’ savings from DBB/Belfius in Belgium and Luxembourg totalling EUR several hundred million between 3 and 10 October 2011.
Veliko strank je po tej objavi dvignilo svoje prihranke iz banke DBB/Belfius v Belgiji in Luksemburgu, pri čemer je skupna vsota teh dvigov med 3. in 10. oktobrom 2011 narasla na več sto milijonov EUR.
DMA undertook to maintain this ratio at a level of 105 % or more in comparison with a statutory minimum of 102 %.
Družba DMA si je prizadevala, da bi to razmerje ohranjala na 105-odstotni stopnji ali višje, najnižja zakonsko določena stopnja pa je 102 %.
Management of DMA operations is entirely the task of its sole shareholder DCL.
Za upravljanje dejavnosti družbe DMA je v celoti odgovorna njena edina delničarka, banka DCL.
The customer portfolio (the ‘cover pool’) was made up on 30 June 2012 of EUR 54,1 billion of loans and EUR 17,6 billion of securities, i.e. a total of EUR 71,8 billion. In terms of its geographical breakdown, France accounted for 65 % of the asset portfolio and other, mainly European, countries for 35 %.
Portfelj strank (t. i. kriti sklad) je 30. junija 2012 obsegal 54,1 milijarde EUR posojil in 17,6 milijarde EUR vrednostnih papirjev, kar je skupaj znašalo 71,8 milijarde EUR. Geografsko pa je bil portfelj sredstev razdeljen med Francijo (65 %) in ostale, večinoma evropske države (35 %).
On 30 June 2012, its loan portfolio was EUR 29,3 billion. As a result of the downgrading of its credit rating, its financial imbalance has worsened and Crediop is now being financed by EUR 5 billion from DCL.
Njen portfelj posojil je 30. junija 2012 znašal 29,3 milijarde EUR. Njeno finančno neravnotežje se je zaradi znižanja bonitetne ocene poslabšalo, zato se družba Crediop zdaj financira s 5 milijardami EUR banke DCL.
Under the conditional authorisation decision of 26 February 2010, Dexia’s 70 % holding in Crediop was to be sold or floated on the stock exchange before the end of October 2012.
Skupina Dexia naj bi v skladu s sklepom o pogojnem dovoljenju z dne 26. februarja 2010 pred koncem oktobra 2012 prodala ali dala na borzo svoj 70-odstotni delež v odvisni družbi Crediop.
This proved not to be feasible, as the independent trustee confirmed (see recital 55 above).
To naj ne bi bilo izvedljivo, kar je potrdil tudi neodvisni skrbnik (glej uvodno izjavo 55).
DBB/Belfius had a balance sheet total of EUR 233 billion at the end of 2011 and a Core Tier 1 Basel II solvency ratio of 11,8 % at the end of 2011.
Ob koncu leta 2011 je bilančna vsota banke DBB/Belfius znašala 233 milijard EUR, stopnja plačilne sposobnosti s temeljnim kapitalom po sporazumu Basel II pa je bila v istem obdobju 11,8-odstotna.
DBB/Belfius recorded a net loss after taxation of EUR 1,37 billion in 2011.
V letu 2011 je banka DBB/Belfius po obdavčitvi zabeležila čisto izgubo 1,37 milijarde EUR.
Assets will then be reduced by some EUR [10-20] billion per annum up to 2017.
Sredstva se bodo nato do leta 2017 zmanjševala za okrog [10–20] milijard EUR letno.
They will be EUR [100-150] billion in 2020, including EUR [50-70] billion in PWB loans (– [30-50] % in comparison with the end of 2013) and EUR [30-50] billion in legacy assets (– [30-40] %).
Leta 2020 bodo znašala [100–150] milijard EUR, vključno s [50-70] milijard EUR posojil pri bančnih poslih za javnost in podjetja (kar je za [30–50] % manj kot ob koncu leta 2013) in [30–50] milijard EUR pri slabih naložbah iz preteklosti (kar je za [30–40] % manj).
This drawdown will be reduced to EUR [30-50] billion in 2016 and will gradually be reduced to a level of EUR [20-40] billion in 2020.
To črpanje se bo leta 2016 zmanjšalo na [30-50] milijard EUR, nato se bo postopoma zmanjševalo do [20-40] milijard EUR v letu 2020.
In a stress scenario, the drawdown of the guarantees could increase by EUR [10-20] billion from 2013 and thus reach EUR [75-85] billion.
Po scenariju izjemnih situacij bi se lahko to črpanje jamstva od leta 2013 povečalo za [10–20] milijard EUR in tako znašalo [75–85] milijard EUR.
Financing needs should fall from EUR [250-300] billion in 2012 to EUR [100-150] billion in 2020.
Potrebe po financiranju naj bi se z [250–300] milijard EUR v letu 2012 zmanjšale na [100–150] milijard EUR v letu 2020.
ELA drawdown should be greatly reduced from early 2013 (it was over EUR [10-20] billion at the end of September 2012) and remain at a level close to zero, with the exception of 2016 (EUR [10-20] billion) when it is planned that Dexia will stop using its own guaranteed securities (‘own use’) in order to be refinanced by the Eurosystem.
Od začetka leta 2013 naj bi se močno zmanjšalo črpanje izredne likvidnostne pomoči (ob koncu septembra 2012 je bilo višje od [10–20] milijard EUR) in ostajalo na stopnji blizu ničle, razen v letu 2016 ([10–20] milijard EUR), ko naj bi skupina Dexia po načrtih nehala uporabljati lastne zavarovane vrednostne papirje (t. i. lastna uporaba), da bi se refinancirala iz Eurosistema.
Risk-weighted assets (RWAs) should reach EUR 59,6 billion at the end of 2012. An increase of EUR [10-20] billion is forecast in 2013. This is chiefly due to the implementation of the Basel III regulation, but also to the forecast downgrading of the credit rating of several sovereigns to which the Group is exposed.
Ob koncu leta 2012 bi morala tveganju prilagojena sredstva znašati 59,6 milijarde EUR. V letu 2013 je bilo napovedno povišanje za [10–20] milijard EUR. To je predvsem posledica izvajanja sporazuma Basel III, a tudi napovedi znižanja bonitetne ocene več vlad, ki mu je izpostavljena skupina Dexia.
Then, from 2014, the RWAs should gradually decline with balance sheet amortisation.
Nato bi bilo treba z amortizacijo v bilanci stanja od leta 2014 postopoma zmanjševati tveganju prilagojena sredstva.
At the end of 2020, they should be EUR [20-40] billion, i.e. a decline of [40-50] % in comparison with 2012.
Ob koncu leta 2020 bi morala ta sredstva znašati [20–40] milijard EUR, tj. [40–50] % manj kot v letu 2012.
Dexia should record losses of up to EUR 2,8 billion in 2012 and EUR [0-2] billion in 2013. There should be a return to profit from the 2018 financial year (EUR [10-20] million).
Skupina Dexia bi morala v letu 2012 zabeležiti do 2,8 milijarde EUR izgube, v letu 2013 pa do [0–2] milijarde EUR. Od poslovnega leta 2018 bi se moral začeti ustvarjati dobiček ([10-20] milijonov EUR).
The guarantee will be limited to EUR 85 billion in principal in the guarantee agreement. The guarantee covers interest and contingencies.
Jamstvo bo v pogodbi o jamstvu omejeno na glavnico v znesku 85 milijard EUR. Z jamstvom se krijejo obresti in nepredvideni stroški.
According to the notification of the revised orderly resolution plan for Dexia, if Dexia’s resolution is to be orderly in nature, the Group’s financial situation has to be stabilised and therefore the negative own funds situation of Dexia SA on 30 September 2012 and DCL on 31 December 2012 has to be addressed.
Če naj bi se reševanje skupine Dexia izvedlo nadzorovano, je treba finančno stanje te skupine v skladu s priglasitvijo spremenjenega načrta nadzorovanega reševanja stabilizirati in zato je treba lotiti reševanja stanja negativnih lastnih sredstev družbe Dexia SA z dne 30. septembra 2012 in banke DCL z dne 31. decembra 2012.
To that end, the French and Belgian States have undertaken fully to underwrite a capital increase for Dexia of EUR 5,5 billion, at the latest by 31 December 2012, through a reserved issue of preferential shares with voting rights.
Zato sta se Francija in Belgija v celoti zavezali, da najpozneje do 31. decembra 2012 z rezervirano izdajo prednostnih delnic z glasovalnimi pravicami prevzameta kapitalsko povečanje skupine Dexia v višini 5,5 milijarde EUR.
In the introduction to their letter of commitments, the Member States concerned indicate that they will ensure that the revised orderly resolution plan and the commitments are fully implemented.
Zadevne države članice v uvodu svojega pisma z zavezami navajajo, da bodo zagotovile, da se v celoti izvaja spremenjeni načrt nadzorovanega reševanja in uresničujejo zaveze.
They will apply until Dexia’s assets have been fully written off.
Zaveze se bodo uporabljale, dokler ne bodo sredstva skupine Dexia v celoti odpisana.
and, subject to a bonus not exceeding 10 % of the market price and a purchase rate (including bonus) not exceeding 90 % of the nominal amount, Dexia may, however, after notifying and obtaining prior authorisation from the Commission, launch public offers for the purchase of issues of Tier 1 and Tier 2 hybrid securities.
toda skupina Dexia lahko po priglasitvi Komisiji in pridobitvi predhodnega dovoljenja Komisije izvede javne ponudbe za nakup izdaj hibridnih obveznic temeljnega kapitala in drugega reda, pri čemer se upošteva bonus, ki ne presega 10 % tržne cene, in nakupni tečaj (vključno z bonusom), ki ne presega 90 % nominalne vrednosti.
That does not stand in the way of the distribution of dividends linked to the preferential shares held by the Belgian and French States.
To ne preprečuje razdeljevanja dividend, povezanih s prednostnimi delnicami v lasti Belgije in Francije.
If the Commission rejects the divestiture trustee(s), Dexia and the French, Belgian and Luxembourg authorities will propose, within one month of notification of the rejection, from one to three new candidates who must also be approved or rejected by the Commission.
Če Komisija zavrne upravitelja za unovčenje stečajne mase, bodo skupina Dexia ter belgijski, francoski in luksemburški organi najpozneje en mesec po obvestilu o zavrnitvi predlagali enega do tri nove kandidate, ki jih mora prav tako odobriti ali zavrniti Komisija.
A fairness opinion of 10 October 2012 from a financial analysis consultancy commissioned by the French authorities and the CDC states that ‘a price of EUR 380 million for 100 % of the NEC (itself holding 100 % of Dexia Municipal Agency ‘DMA’) is an acceptable price for an informed investor’.
V nepristranskem mnenju z dne 10. oktobra 2012 v okviru svetovanja o finančni analizi, ki so jo naročili francoski organi ter hranilnica in posojilnica CDC, je navedeno, da „je cena 380 milijonov EUR za 100 % nove kreditno institucijo (ki ima sama v lasti 100 % družbe Dexia Municipal Agency) za poučenega vlagatelja sprejemljiva“.
It is specified that this price assessment takes account of the fact that ‘Purchasers will benefit from general and specific asset and liability guarantees in particular including a guarantee of the validity of loans granted and their contracts’ and reflects:
Pojasnjeno je, da se pri tej oceni cene upošteva dejstvo, da „bodo kupci upravičeni do splošnih in posebnih jamstev za sredstva in obveznosti, ki vključujejo zlasti jamstvo za veljavnost odobrenih posojil in njihove pogodbe“, iz nje pa so razvidni:
The annual medium- to long-term financing need of public health establishments in France thus varies between EUR 2 and 4 billion in different years. It covers the financing of investment and the repayment of loans reaching maturity.
Letna srednje- do dolgoročna potreba po financiranju ustanov javnega zdravstva v Franciji se tako v različnih letih giba med 2 in 4 milijardami EUR. V to je vključeno financiranje naložbe in odplačilo zapadlih posojil.
The total outstanding debt of health establishments was EUR 22,8 billion at 31 December 2012. Historically, and as in the case of local authorities, this debt has been largely supported by the banking sector.
Skupni neporavnani dolg ustanov javnega zdravstva je 31. decembra 2012 znašal 22,8 milijarde EUR. Prvotno je ta dolg, in kot v primeru lokalnih skupnosti, večinoma podpiral bančni sektor.
In the view of the French State, therefore, keeping outstanding debt constant in value would limit new borrowing over the period to amounts of between EUR 12 and 14 billion. Investment levels would then be limited.
Francija zato meni, da bi ohranjanje stalne ravni neporavnanega dolga sčasoma omejilo novo izposojanje na zneske med 12 in 14 milijard EUR. To bi omejilo ravni naložb.
The need which is not covered is in the order of EUR 7 to 8 billion. If social housing bodies are not covered by the new development bank, the bank’s objective will be to rectify the financing need of local authorities and public health establishments which is not covered, i.e. an amount of as much as EUR 8 billion.
Nepokrite potrebe so v višini 7 do 8 milijard EUR. Če nova razvojna banka ne pokriva potreb organov za socialna stanovanja, bo njen cilj poravnati potrebo po financiranju lokalnih skupnosti in ustanov javnega zdravstva, ki ni pokrita, tj. znesek v višini 8 milijard EUR.
The French authorities also point out that it is common in the other countries of Europe for public establishments to be part of this market and that they meet over half the needs of local authorities.
Francoski organi tudi poudarjajo, da je v drugih evropskih državah običajno, da so javne ustanove del tega trga in da izpolnjujejo več kot pol zahtev lokalnih skupnosti.
By way of example, the Cassa Depositi e Prestiti (CDP) in Italy, the regional public banks in Germany, the PWLB (Public Works Loan Board) in the United Kingdom and the public financing companies in the Nordic countries (Denmark, Norway, Sweden).
Kot primere navajajo družbo Cassa Depositi e Prestiti (CDP) v Italiji, regionalne javne banke v Nemčiji, Public Works Loan Board (Odbor za posojila pri javnih delih) v Združenem kraljestvu in javne finančne družbe v nordijskih državah (Danska, Norveška, Švedska).
The net banking product should be EUR [75-125] million in 2013 and will increase progressively to EUR [175-225] million in 2017.
Neto bančni proizvod naj bi leta 2013 znašal [75–125] milijonov EUR in naj bi se postopoma povečeval na [175–225] milijonov EUR v letu 2017.
Operating costs should be approximately EUR [75-125] million and the risk cost will be limited to EUR [0-5] million. The net result should be negative until 2014.
Operativni stroški bi morali znašati približno [75–125] milijonov EUR, stroški tveganja pa bi bili omejeni na [0–5] milijonov EUR. Do leta 2014 bi moral biti čisti poslovni izid negativen.
The cumulative net result should be EUR [100-150] million over the next five years.
Kumulativni čisti poslovni izid bi moral v naslednjih petih letih znašati [100–150] milijonov EUR.
On that date, the new ‘book’ should represent some [25-50] % of the cover pool assets and the risk-weighted assets (‘RWAs’) should be EUR [5-10] billion. The core capital ratio (Basel 3 Tier 1 Capital) should be [20-30] %.
Takrat bi morala nova „knjiga“ zajemati okrog [25–50] % sredstev kritega sklada, tveganju prilagojena sredstva pa bi morala znašati [5–10] milijard EUR. Razmerje temeljnega kapitala (kapital prvega reda po sporazumu Basel III) bi moralo biti [20–30]-odstotno.
The financing need connected with the collateral posted by DCL on the internal swaps (swaps between DMA and DCL) to market counterparties (and not received by DCL on behalf of DMA) now stands at some EUR [2-5] billion. In the context of the NEC (and therefore DMA) purchase operation, the parties have agreed that the NEC will, post-closing, broker the internal swaps, in other words it will bear the burden of financing the cash collateral need connected with these swaps.
Potreba po financiranju, povezana s sekundarnim zavarovanjem, ki ga je banka DCL glede notranjih zamenjav (zamenjave med družbo DMA in banko DCL) dala nasprotnim udeležencem na trgu (družba DCL pa ga ni sprejela v imenu družbe DMA), zdaj znaša približno [2–5] milijard EUR. Stranke so se v okviru transakcije nakupa nove kreditne institucije (in torej banke DMA) dogovorile, da bo nova kreditna institucija po zaključku postopka prodaje posredovala pri notranjih zamenjavah, kar pomeni, da bo krila breme potreb po financiranju zavarovanja z denarnimi sredstvi v zvezi s temi zamenjavami.
The CDC’s contribution is capped, for the scheme as a whole, at EUR 12,5 billion. Any contributions by the CDC to the liquidity needs of the JV will in particular be included in this cap;
prispevek hranilnice in posojilnice CDC je za celotno shemo omejen na 12,5 milijarde EUR. V to omejitev bo še zlasti vključen vsak prispevek hranilnice in posojilnice CDC k potrebam po likvidnih sredstvih skupnega podjetja;
The panel of credit institutions will be decided from the list of French banks contributing to the calculation of the Euribor, excluding institutions considered by the NEC and its shareholders (unanimously) to be non-comparable with the NEC/DMA in terms of their long-term ratings (and prospects) and risk profiles (type of activity, geographical exposure, prudential ratios, etc.).
Odbor kreditnih institucij bo določen na podlagi seznama francoskih bank, ki prispevajo k izračunu mere Euribor, vanj pa ne bodo vključene institucije, za katere nova kreditna institucija in njeni delničaji (soglasno) menijo, da niso primerljive z novo kreditno institucijo / družbo DMA v smislu njihovih dolgoročnih bonitetnih ocen (in možnosti) ter profilov tveganj (vrsta dejavnosti, geografska izpostavljenost, bonitetna razmerja itd.).
The panel will be formed by a minimum of three banks.
V odboru bodo najmanj tri banke.
With the exception of the dividends paid by DMA to the NEC, DMA, the NEC and the JV will not distribute any form of dividend on their shares up to 31 December 2015.
Družba DMA, nova kreditna institucija in skupno podjetje do 31. decembra 2015 ne bodo razdeljevali nobene oblike dividend na svoje delnice, razen dividend, ki jih bo družba DMA izplačevala novi kreditni instituciji.
DMA, the NEC and the JV will not pay coupons, unless contractually obliged to do so under a commitment entered into prior to 14 December 2012.
Družba DMA, nova kreditna institucija in skupno podjetje ne bodo izplačevali kuponov, razen če so k temu pogodbeno zavezani z zavezo, sklenjeno pred 14. decembrom 2012.
On 9 October 2011, via the Société Fédérale de Participations et d’Investissements (SFPI), Belgium offered to buy 100 % of Dexia SA’s holding in DBB/Belfius and its subsidiaries, with the exception of DAM, for a fixed price component of EUR 4 billion. The purchase also included legacy portfolio instruments of a value of approximately EUR 18 billion.
Belgija je 9. oktobra 2011 prek državnega investicijskega sklada Société Fédérale de Participations et d’Investissements (v nadaljnjem besedilu: sklad SFPI) ponudila odkup 100 % deleža družbe Dexia SA v banki DBB/Belfius in njenih odvisnih družbah, razen v družbi DAM, po komponenti fiksne cene v višini 4 milijard EUR. V nakup so bili vključeni tudi instrumenti preostalega portfelja v vrednosti približno 18 milijard EUR.
The sale agreement also included a price supplement mechanism in favour of Dexia SA in the event of resale at a profit within a period of five years (the ‘variable price component’).
V pogodbo o prodaji je bil vključen tudi mehanizem dodatka k ceni v prid družbi Dexia SA, če bi se banka v petih letih nadalje prodala z dobičkom (t. i. komponenta variabilne cene).