natgillin/translations-raw huggingface dataset:
the use of safe harbour premiums as defined for individual guarantees to SMEs;
uporaba premij varnega pristana, kot je opredeljena za posamezna poroštva za MSP;
the valuation of guarantee schemes as such by allowing the application of a single premium and avoiding the need for individual ratings of beneficiary SMEs.
ocena poroštvenih shem kot takih, ki omogočajo uporabo posameznih premij in se izogibajo potrebi po posameznih bonitetnih ocenah MSP.
The conditions of use of both rules are defined as follows:
Pogoji za uporabo obeh pravil so naslednji:
Use of safe-harbour premiums in guarantee schemes for SMEs
Uporaba premij varnega pristana v poroštvenih shemah za MSP
In line with what is proposed for simplification purposes in relation to individual guarantees, guarantee schemes in favour of SMEs can also, in principle, be deemed self-financing and not constitute state aid if the minimum safe-harbour premiums set out in point 3.3 and based on the ratings of undertakings are applied [20].
V skladu s predlogi za poenostavitev postopkov pri posameznih poroštvih se za poroštvene sheme za MSP načeloma domneva, da se lahko financirajo same in ne pomenijo državne pomoči, če se uporabljajo najnižje premije varnega pristana iz točke 3.3, ob upoštevanju bonitetnih ocen podjetij [20].
The other conditions set out in points 3.4(a), (b) and (c) as well as in point 3.4(g) still have to be fulfilled, and the conditions set out in points 3.4(d), (e) and (f) are deemed to be fulfilled by the use of the minimum annual premiums set out in point 3.3.
Hkrati morajo biti izpolnjeni tudi drugi pogoji iz točk 3.4(a), (b) in (c) ter pogoji iz točke 3.4(g), poleg tega pa so pogoji iz točk 3.4(d), (e) in (f) izpolnjeni, če se uporabijo najnižje letne premije iz točke 3.3.
Use of single premiums in guarantee schemes for SMEs
Uporaba enotnih premij v poroštvenih shemah za MSP
The EFTA Surveillance Authority is aware that carrying out an individual risk assessment of each borrower is a costly process, which may not be appropriate where a scheme covers a large number of small loans for which it represents a risk pooling tool.
Nadzorni organ Efte se zaveda, da je izvajanje ocen tveganja za vsakega posameznega posojilojemalca zelo drag postopek in morda ne najbolj primeren, kadar shema zajema veliko število majhnih posojil, za katera pomeni instrument razpršitve tveganja.
Consequently, where a scheme only relates to guarantees for SMEs and the guaranteed amount does not exceed a threshold of EUR 2,5 million per company in that scheme, the EFTA Surveillance Authority may accept, by way of derogation from point 3.4(d), a single yearly guarantee premium for all borrowers.
Kadar je shema vezana le na poroštva za MSP in zneski, zavarovani s poroštvom, ne presegajo 2,5 milijona EUR na podjetje v tej shemi, lahko Nadzorni organ Efte z odstopanjem od točke 3.4(d) dovoli enotno letno poroštveno premijo za vse posojilojemalce.
However, in order for the guarantees granted under such a scheme to be regarded as not constituting state aid, the scheme has to remain self-financing and all the other conditions set out in points 3.4(a), (b) and (c) as well as in points 3.4(e), (f) and (g) still have to be fulfilled.
Da se poroštva, dodeljena v okviru takšne sheme, ne obravnavajo kot državna pomoč, se mora shema še naprej financirati sama, hkrati pa morajo biti izpolnjeni vsi ostali pogoji iz točk 3.4(a), (b) in (c) ter pogoji iz točk 3.4(e), (f) in (g).
No automatic classification as state aid
Izključitev samodejne obravnave kot državna pomoč
Failure to comply with any one of the conditions set out in points 3.2 to 3.5 does not mean that the guarantee or guarantee scheme is automatically regarded as state aid.
Neizpolnjevanje katerega koli pogoja iz točk 3.2 do 3.5 ne pomeni, da je poroštvo ali poroštvena shema samodejno obravnavana kot državna pomoč.
If there is any doubt as to whether a planned guarantee or guarantee scheme constitutes state aid, it should be notified to the EFTA Surveillance Authority.
Če obstaja dvom, ali načrtovano poroštvo oziroma poroštvena shema pomeni državno pomoč, jo je treba priglasiti Nadzornemu organu Efte.
GUARANTEES WITH AN AID ELEMENT
POROŠTVA Z ELEMENTOM POMOČI
Where an individual guarantee or a guarantee scheme does not comply with the market economy investor principle, it is deemed to entail state aid.
Kadar posamezno poroštvo oziroma poroštvena shema ni skladna z načelom vlagatelja v tržnem gospodarstvu, se šteje, da vsebuje državno pomoč.
The state aid element therefore needs to be quantified in order to check whether the aid may be found compatible under a specific state aid exemption.
Element državne pomoči je treba zato številčno ovrednotiti, da se ugotovi, ali je pomoč morda skladna v okviru posameznih izjem za državno pomoč.
As a matter of principle, the state aid element will be deemed to be the difference between the appropriate market price of the guarantee provided individually or through a scheme and the actual price paid for that measure.
Načeloma se bo kot element državne pomoči štela razlika med ustrezno tržno ceno poroštva, zagotovljenega posamezno ali v okviru sheme, in dejansko ceno, plačano za ta ukrep.
The resulting yearly cash grant equivalents should be discounted to their present value using the reference rate, then added up to obtain the total grant equivalent.
Ustrezni letni ekvivalenti denarne dotacije se po referenčni obrestni meri diskontirajo na sedanjo vrednost, nato pa seštejejo, da se dobi skupni ekvivalent dotacije.
When calculating the aid element in a guarantee, the EFTA Surveillance Authority will devote special attention to the following elements:
Pri izračunu elementa pomoči poroštva bo Nadzorni organ Efte namenil posebno pozornost naslednjim elementom:
Whether in the case of individual guarantees the borrower is in financial difficulty.
Ali je, v primeru posameznih poroštev, posojilojemalec v finančnih težavah.
Whether in the case of guarantee schemes, the eligibility criteria of the scheme provide for exclusion of such undertakings (see details in point 3.2(a)).
Ali je v primeru poroštvenih shem, v merilih upravičenosti do shem, predvideno izključevanje takih podjetij (glej podrobnosti iz točke 3.2(a)).
The EFTA Surveillance Authority notes that for companies in difficulty, a market guarantor, if any, would, at the time the guarantee is granted charge a high premium given the expected rate of default.
Nadzorni organ Efte ugotavlja, da bo tržni porok, če obstaja, podjetjem v težavah v trenutku dodelitve poroštva zaračunal visoko premijo zaradi pričakovane stopnje tveganja neplačila.
If the likelihood that the borrower will not be able to repay the loan becomes particularly high, this market rate may not exist and in exceptional circumstances the aid element of the guarantee may turn out to be as high as the amount effectively covered by that guarantee.
Če postane verjetnost, da posojilojemalec ne bo mogel odplačati posojila, zelo visoka, mogoče te tržne stopnje ni, v izjemnih okoliščinah pa je lahko element pomoči poroštva celo enak znesku, ki ga dejansko krije navedeno poroštvo;
Whether the extent of each guarantee can be properly measured when it is granted.
Ali je obseg poroštva mogoče pravilno določiti ob njegovi dodelitvi.
This means that the guarantees must be linked to a specific financial transaction, for a fixed maximum amount and limited in time.
To pomeni, da morajo biti poroštva povezana z določeno finančno transakcijo, imeti določen najvišji znesek in omejeno trajanje.
In this connection the EFTA Surveillance Authority considers in principle that unlimited guarantees are incompatible with Article 61 of the EEA Agreement.
V tej zvezi Nadzorni organ Efte načeloma meni, da so neomejena poroštva nezdružljiva s členom 61 Sporazuma EGP;
Whether the guarantee covers more than 80 % of each outstanding loan or other financial obligation (see details and exceptions in point 3.2(c)).
Ali poroštvo zajema več kot 80 % vsakega neodplačanega posojila ali druge finančne obveznosti (glej podrobnosti in izjeme v točki 3.2(c)).
In order to ensure that the lender has a real incentive to properly assess, secure and minimise the risk arising from the lending operation, and in particular to assess properly the borrower’s creditworthiness, the EFTA Surveillance Authority considers that a percentage of at least 20 % not covered by a state guarantee should be carried by the lender [21] to properly secure its loans and to minimise the risk associated with the transaction.
Za zagotovitev, da ima posojilodajalec resnično interes za pravilno oceno, zavarovanje in zmanjšanje tveganja, ki izhaja iz dajanja posojila, ter zlasti za pravilno oceno kreditne sposobnosti posojilojemalca, mora po mnenju Nadzornega organa Efte najmanj 20 % zneska, saj ga ne krije državno poroštvo, nositi posojilodajalec [21], da bo pravilno zavaroval svoje posojilo in zmanjšal tveganje, povezano z transakcijo.
The EFTA Surveillance Authority will therefore, in general, examine more thoroughly any guarantee or guarantee scheme covering the entirety (or nearly the entirety) of a financial transaction except if an EFTA State duly justifies it, for instance, by the specific nature of the transaction.
Nadzorni organ Efte bo zato na splošno temeljiteje proučila vsako poroštvo ali poroštveno shemo, ki krije finančno transakcijo v celoti (ali skoraj v celoti), razen če jo država Efte ustrezno utemelji, npr. zaradi posebne narave transakcije;
Whether the specific characteristics of the guarantee and loan (or other financial obligation) have been taken into account when determining the market premium of the guarantee, from which the aid element is calculated by comparing it with the premium actually paid (see details in point 3.2(d)).
Ali so bile pri določanju tržne premije poroštva, ki je bila uporabljena za izračun elementa pomoči ob primerjavi z dejansko plačano premijo, upoštevane posebne značilnosti poroštva in posojila (ali druge finančne obveznosti) (glej podrobnosti v točki 3.2(d)).
Aid element in individual guarantees
Element pomoči v posameznih poroštvih
For an individual guarantee the cash grant equivalent of a guarantee should be calculated as the difference between the market price of the guarantee and the price actually paid.
Pri posameznih poroštvih je gotovinski ekvivalent dotacije poroštva enak razliki med tržno ceno poroštva in dejansko plačano ceno.
Where the market does not provide guarantees for the type of transaction concerned, no market price for the guarantee is available.
Kadar na trgu niso predvidena poroštva za zadevno vrsto transakcije, ni na voljo tržne cene za poroštvo.
In that case, the aid element should be calculated in the same way as the grant equivalent of a soft loan, namely as the difference between the specific market interest rate this company would have borne without the guarantee and the interest rate obtained by means of the state guarantee after any premiums paid have been taken into account.
V tem primeru je treba element pomoči izračunati na enak način kot ekvivalent dotacije ugodnega posojila, in sicer kot razliko med določeno tržno obrestno mero, ki bi veljala za podjetje brez poroštva, ter obrestno mero, pridobljeno z državnim poroštvom, potem ko se upoštevajo morebiti plačane premije.
If there is no market interest rate and if the EFTA State wishes to use the reference rate as a proxy, the EFTA Surveillance Authority stresses that the conditions laid down in the Chapter of the Authority’s State Aid Guidelines on reference rates [22] are valid to calculate the aid intensity of an individual guarantee.
Kadar tržne obrestne mere ni na voljo in če želi država Efte uporabiti referenčno obrestno mero kot približek, Nadzorni organ Efte poudarja, da veljajo za izračun intenzivnosti pomoči posameznega poroštva pogoji, določeni v poglavju Smernic Nadzornega organa Efte o referenčnih obrestnih merah [22].
This means that due attention must be paid to the top-up to be added to the base rate in order to take into account the relevant risk profile linked to the operation covered, the undertaking guaranteed and the collaterals provided.
To pomeni, da je treba primerno pozornost nameniti dopolnitvi, ki jo je treba dodati osnovni obrestni meri, da bi tako upoštevali ustrezen obseg tveganja, povezanega s kritim poroštvom, prejemnikom poroštva (podjetje) in zagotovljenim zavarovanjem s premoženjem.
Aid element in individual guarantees for SMEs
Element pomoči v posameznih poroštvih za MSP
For SMEs, the simplified evaluation system outlined in point 3.3 can also be applied.
Za MSP se lahko uporablja tudi poenostavljen sistem ocenjevanja, opisan zgoraj v točki 3.3.
In that case, if the premium for a given guarantee does not correspond to the value set as a minimum for its rating class, the difference between this minimum level and the premium charged will be regarded as aid.
Če v tem primeru premija za izdano poroštvo ne ustreza najnižji vrednosti, določeni za ta bonitetni razred, pomeni razlika med to vrednostjo in zaračunano premijo državno pomoč.
If the guarantee lasts more than a year, the yearly shortfalls are discounted using the relevant reference rate [23].
Če traja poroštvo več kot eno leto, se letni primanjkljaji diskontirajo z uporabo ustrezne referenčne stopnje [23].
Only in cases clearly evidenced and duly justified by the EFTA State concerned may the EFTA Surveillance Authority accept a deviation from these rules.
Odstopanja od teh pravil lahko Nadzorni organ Efte dovoli samo v primerih, ki jih zadevna država Efte jasno dokaže in ustrezno utemelji.
A risk-based approach still has to be respected in such cases.
V takih primerih je treba še vedno upoštevati pristop, ki temelji na tveganju.
Aid element in guarantee schemes
Element pomoči v poroštvenih shemah
For guarantee schemes, the cash grant equivalent of each guarantee within the scheme is the difference between the premium effectively charged (if any) and the premium that should be charged in an equivalent non-aid scheme set up in accordance with the conditions laid down in point 3.4.
Gotovinski ekvivalent dotacije vsakega poroštva v okviru poroštvene sheme pomeni razliko med dejansko zaračunano premijo (če obstaja) ter premijo, ki bi se zaračunala v okviru ustrezne sheme, ki ne vsebuje elementa pomoči in je v skladu s pogoji iz točke 3.4.
The aforementioned theoretical premiums from which the aid element is calculated have therefore to cover the normal risks associated with the guarantee as well as the administrative and capital costs [24].
Zgoraj omenjene teoretične premije, na katerih temelji izračun elementa pomoči, morajo zajemati običajna tveganja, povezana s poroštvom, ter upravne stroške in stroške kapitala [24].
This way of calculating the grant equivalent is aimed at ensuring that, also over the medium and long term, the total aid granted under the scheme is equal to the money injected by the public authorities to cover the deficit of the scheme.
Namen te metode za izračun ekvivalenta dotacije je zagotoviti, da je skupna pomoč, dodeljena v okviru sheme, v srednje- in dolgoročnem obdobju enaka kapitalu, ki so ga za kritje primanjkljaja sheme vložili javni organi.
Since, in the case of state guarantee schemes, the specific features of the individual cases may not be known at the time when the scheme is to be assessed, the aid element must be assessed by reference to the provisions of the scheme.
Pri državnih poroštvenih shemah morda posebne lastnosti posameznih poroštev ob oceni sheme niso znane, zato je treba element pomoči oceniti s sklicevanjem na določbe sheme.
Aid elements in guarantee schemes can also be calculated through methodologies already accepted by the EFTA Surveillance Authority following their notification under an Act incorporated into the EEA Agreement in the field of state aid, such as Commission Regulation (EC) No 1628/2006 of 24 October 2006 on the application of Articles 87 and 88 of the Treaty to national regional investment aid [25], provided that the approved methodology explicitly addresses the type of guarantees and the type of underlying transactions at stake.Only in cases clearly evidenced and duly justified by the EFTA State concerned may the EFTA Surveillance Authority accept a deviation from these rules.
Elementi pomoči v poroštvenih shemah se lahko izračunajo na podlagi metod, ki jih je Nadzorni organ Efte že sprejel po priglasitvi na podlagi akta s področja državne pomoči, vključenega v Sporazum EGP, kot je Uredba Komisije (ES) št. 1628/2006 z dne 24. oktobra 2006 o uporabi členov 87 in 88 Pogodbe pri državni regionalni pomoči za naložbe [25], če sprejeta metodologija izrecno obravnava vrsto poroštev in vrsto zadevnih transakcij.Odstopanja od teh pravil lahko Nadzorni organ Efte dovoli samo v primerih, ki jih zadevna država Efte jasno dokaže in ustrezno utemelji.
Aid element in guarantee schemes for SMEs
Element pomoči v poroštvenih shemah za MSP
The two simplification tools outlined in point 3.5 and relating to guarantee schemes for SMEs can also be used for aid calculation purposes.
Dva instrumenta za poenostavitev, izpostavljena v točki 3.5, ki zadevata poroštvene sheme za MSP, se lahko uporabita tudi za izračunavanje.
For SMEs, the simplified evaluation system outlined above in point 3.5 can also be applied.
Za MSP se lahko uporablja tudi poenostavljen sistem ocenjevanja, opisan zgoraj v točki 3.5.
In that case, if the premium for a given category in a guarantee scheme does not correspond to the value set as a minimum for its rating class [26], the difference between this minimum level and the premium charged will be regarded as aid [27].
Če v tem primeru premija za izdano kategorijo v poroštveni shemi ne ustreza najnižji vrednosti, določeni za ta bonitetni razred [26], pomeni razlika med to vrednostjo in zaračunano premijo državno pomoč [27].
If the guarantee lasts more than a year, the yearly shortfalls are discounted using the reference rate [28].
Če traja poroštvo več kot eno leto, se letni primanjkljaji diskontirajo z uporabo referenčne stopnje [28].
In view of the more limited distortion of competition that may be caused by state aid provided in the framework of a guarantee scheme for SMEs, the EFTA Surveillance Authority considers that if an aid scheme only relates to guarantees for SMEs, where the guaranteed amount does not exceed a threshold of EUR 2,5 million per company in this given scheme, the EFTA Surveillance Authority may accept, by way of derogation from point 4.4, a valuation of the aid intensity of the scheme as such, without the need to carry out a valuation for each individual guarantee or risk class within the scheme [29].5.
Kar zadeva bolj omejen obseg izkrivljanja konkurence, ki ga lahko povzroči državna pomoč, zagotovljena v okviru poroštvene sheme za MSP, Nadzorni organ Efte meni, da Nadzorni organ Efte lahko z odstopanjem od točke 4.4 dovoli oceno intenzivnosti pomoči sheme kot take, ne da bi bilo treba oceniti vsako posamezno poroštvo oziroma razred tveganja znotraj sheme [29], če se shema pomoči nanaša samo na poroštva za MSP, pri katerih zneski, zavarovani s poroštvom, ne presegajo 2,5 milijona EUR na podjetje v dani shemi.5.
COMPATIBILITY WITH THE FUNCTIONING OF THE EEA AGREEMENT OF STATE AID IN THE FORM OF GUARANTEES
ZDRUŽLJIVOST DRŽAVNE POMOČI V OBLIKI POROŠTEV Z DELOVANJEM SPORAZUMA EGP
State guarantees within the scope of Article 61(1) of the EEA Agreement must be examined by the EFTA Surveillance Authority with a view to determining whether or not they are compatible with the functioning of the EEA Agreement.
Nadzorni organ Efte mora proučiti državna poroštva, ki spadajo na področje uporabe člena 61(1) Sporazuma EGP, da določi njihovo združljivost z delovanjem Sporazuma EGP.
Before such assessment of compatibility can be made, the beneficiary of the aid must be identified.
Preden se lahko izvede taka ocena združljivosti, je treba opredeliti upravičenca do pomoči.
Whether or not this aid is compatible with the functioning of the EEA Agreement will be examined by the EFTA Surveillance Authority according to the same rules as are applied to aid measures taking other forms.
Združljivost pomoči z delovanjem Sporazuma EGP bo Nadzorni organ Efte proučil v skladu z enakimi predpisi, kot veljajo za druge oblike pomoči.
The concrete criteria for the compatibility assessment have been clarified and detailed by the EFTA Surveillance Authority in its State Aid Guidelines [30].
Jasna merila za oceno združljivosti je Nadzorni organ Efte pojasnil in podrobno opredelil v svojih smernicah o državni pomoči [30].
The examination will take into account, in particular, the aid intensity, the characteristics of the beneficiaries and the objectives pursued.
Pri proučitvi se bodo upoštevali zlasti intenzivnost pomoči, značilnosti upravičencev in zastavljeni cilji.
The EFTA Surveillance Authority will accept guarantees only if their mobilisation is contractually linked to specific conditions which may go as far as the compulsory declaration of bankruptcy of the beneficiary undertaking, or any similar procedure.
Nadzorni organ Efte bo poroštva dovolil le, če je njihovo unovčenje pogodbeno povezano s posebnimi pogoji, ki lahko zajemajo celo obvezno uvedbo stečaja podjetja upravičenca ali vsakršen podoben postopek.
These conditions will have to be agreed between the parties when the guarantee is initially granted.
Stranki določita te pogoje ob dodelitvi poroštva.
In the event that an EFTA State wants to mobilise the guarantee under conditions other than those initially agreed to at the granting stage, then the EFTA Surveillance Authority will regard the mobilisation of the guarantee as creating new aid which has to be notified under Article 1(3) in Part I of Protocol 3 to the Surveillance and Court Agreement.
Če država Efte unovči poroštvo pod pogoji, ki niso bili prvotno dogovorjeni ob dodelitvi, bo Nadzorni organ Efte unovčenje poroštva obravnaval kot dodelitev nove pomoči, ki jo je treba priglasiti v skladu s členom 1(3) dela I Protokola 3 k Sporazumu o nadzornem organu in sodišču.
REPORTS TO BE PRESENTED TO THE EFTA SURVEILLANCE AUTHORITY BY EFTA STATES
POROČILA, KI JIH MORAJO DRŽAVE EFTE ODDATI NADZORNEMU ORGANU EFTE
In accordance with general monitoring obligations [31], in order to further monitor new developments on the financial markets and since the value of state guarantees is difficult to assess and changes over time, the constant review, pursuant to Article 62(1) of the EEA Agreement, of state guarantee schemes approved by the EFTA Surveillance Authority is of particular importance.
Da bi bilo v skladu s splošnimi obveznostmi spremljanja [31] mogoče še naprej spremljati razvoj novih dogodkov na finančnih trgih in ker je težko oceniti vrednost državnih poroštev, ki se s časom tudi spreminja, je nenehno pregledovanje shem državne pomoči, ki jih odobri Komisija, na podlagi člena 62(1) Pogodbe ES posebnega pomena.
EFTA States shall therefore submit reports to the EFTA Surveillance Authority.For aid guarantee schemes, these reports will have to be presented at least at the end of the period of validity of the guarantee scheme and for the notification of an amended scheme.
Zato države Efte oddajo poročila Nadzornemu organu Efte.V primeru poroštvenih shem, ki vsebujejo element pomoči, se ta poročila oddajo vsaj ob prenehanju veljavnosti poroštvene sheme in v trenutku priglasitve spremenjene sheme.
The EFTA Surveillance Authority may however consider it appropriate to request reports on a more frequent basis, depending on the case.
Odvisno od posameznega primera pa lahko Nadzorni organ Efte vseeno zahteva pogostejše poročanje.
For guarantee schemes, for which the EFTA Surveillance Authority has taken a non-aid decision, and especially when no solid historic data exists for the scheme, the EFTA Surveillance Authority may request, when taking its non-aid decision for such reports to be presented, thereby clarifying on a case-by-case basis the frequency and the content of the reporting requirement.
V primeru poroštvenih shem, za katere je Nadzorni organ Efte sprejel odločitev, da ne pomenijo pomoči, ter še zlasti kadar za shemo ni trdnih zgodovinskih podatkov, lahko Nadzorni organ Efte pri sprejetju odločitve o ukrepu, ki ne pomeni pomoči, zahteva predložitev takih poročil, s čimer se za vsak primer posebej pojasnita pogostost in vsebina zahtev za poročanje.