natgillin/translations-raw huggingface dataset:
According to point 39 of the 2005 Aviation Guidelines the category of an airport can provide an indication of the extent to which airports are competing with one another and therefore also the extent to which public funding granted to an airport may distort competition.
Mot bakgrund av övervägandena i skälen 238–255 är kommissionens slutsats att åtgärderna är förenliga med den inre marknaden i enlighet med artikel 107.3 c i EUF-fördraget.
Within the standard catchment area of Frankfurt Hahn airport (1 hour travelling time by car or 100 kilometres distance) there are no other commercially exploited airports.
SLUTSATS
Even if one were to extend the catchment area, the Commission considers that the aid does not create undue negative effects on competition and trade between Member States.
Mot bakgrund av övervägandena i skälen 99–124 anser kommissionen att den kreditlinje som FFHG har tillhandahållits genom delstaten Rheinland-Pfalz centraliserade likviditetsförvaltning utgör statligt stöd i den mening som avses i artikel 107.1 i EUF-fördraget.
As far as Frankfurt Main airport (the closest airport at around 115 kilometres distance and 1 hour 15 minutes travelling time) is concerned, the investments at Frankfurt Hahn airport did not result in negative substitution effects.
Mot bakgrund av övervägandena i skälen 140–169 drar kommissionen slutsatsen att ISB-lån nummer 1, 3 och 4 beviljades till en ränta som kan anses ligga i linje med normala marknadsvillkor.
In fact, before getting involved in Frankfurt Hahn airport, Fraport was already the operator of Frankfurt Main airport, but was nevertheless investing in Frankfurt Hahn airport with a view to decongesting Frankfurt Main airport, as a future capacity overload was foreseeable for that hub.
Eftersom de kumulativa kriterierna i artikel 107.1 i EUF-fördraget är uppfyllda anser kommissionen således att dessa ISB-lån inte utgör statligt stöd i den mening som avses i artikel 107.1 i EUF-fördraget.
In particular, the ban on night flights at Frankfurt Main airport was one of the main factors to be taken into consideration as Frankfurt Hahn airport had a 24-hour operating licence.
Mot bakgrund av övervägandena i skälen 140–169 ovan drar kommissionen slutsatsen att ISB-lån nummer 2 och 5 beviljades till en ränta som understeg referensräntan.
Even though Frankfurt Hahn experienced significant growth in the period from 2000 until 2007, Figure 1 shows that in comparison to Frankfurt Main the traffic share remained very limited.
Eftersom de övriga kriterierna i artikel 107.1 i EUF-fördraget också är uppfyllda utgör dessa lån statligt stöd.
From 2000 to 2003 Frankfurt Main airport experienced steady passenger growth from 48 million in 2000 to 54,2 million in 2007.
Eftersom kreditlinjen och de medel som har tillhandahållits genom den centraliserade likviditetsförvaltningen, den hundraprocentiga statliga garantin och ISB-lån nummer 2 och 5 redan har ställts till FFHG:s förfogande anser kommissionen att Tyskland inte har respekterat förbudet i artikel 108.3 i EUF-fördraget.
Due to the economic crisis, Frankfurt Main experienced a slight decrease to 50,9 million in 2009, followed by a rapid increase to 58 million.
Mot bakgrund av övervägandena i skälen 199–232 drar kommissionen slutsatsen att det beviljade investeringsstödet till flygplatsen Frankfurt-Hahn är förenligt med den inre marknaden enligt artikel 107.3 c i EUF-fördraget eftersom det uppfyller de förenlighetsvillkor som anges i punkt 61 i 2005 års luftfartsriktlinjer.
With regard to the freight activities, Frankfurt Main airport experienced steady growth from 1,6 to 2,2 million tonnes in 2013.
Mot bakgrund av övervägandena i skälen 238–255 drar kommissionen slutsatsen att de medel som har tillhandahållits genom den centraliserade likviditetsförvaltningen till förmånliga villkor uppfyller de förenlighetsvillkor för driftstöd som anges i punkt 137 i 2014 års luftfartsriktlinjer och att stödet är förenligt med den inre marknaden enligt artikel 107.3 c i EUF-fördraget.
As for other airports, the Commission has already explained that the investments at Frankfurt Hahn airport had no significant impact on competition and trade between Member States [87].
Kommissionen noterar att Tyskland godtar att detta beslut antas på engelska.
This also applies to Zweibrücken airport, given that it is rather the latter that constitutes an unnecessary duplication of infrastructure (and would thus be responsible for any distortive effect on competition).
HÄRIGENOM FÖRESKRIVS FÖLJANDE
In addition, contrary to Frankfurt Main and Luxembourg airports, Frankfurt Hahn airport is not served by a train connection.
Artikel 1
Overall, no substitution effect on rail transport can be expected.
Det statliga stöd som Tyskland under perioden 2009–2012 olagligt har genomfört i strid med artikel 108.3 i EUF-fördraget till förmån för Flughafen Frankfurt-Hahn GmbH genom att bevilja en hundraprocentig garanti på lån från Investitions- und Strukturbank Rheinland-Pfalz, lån från Investitions- und Strukturbank Rheinland-Pfalz av den 31 augusti 2009 till ett belopp av 20,0 miljoner euro och av den 30 september 2009 till ett belopp av 6,8 miljoner euro, samt möjligheten för Flughafen Frankfurt-Hahn GmbH att delta i delstaten Rheinland-Pfalz centraliserade likviditetsförvaltning och utnyttja lån på upp till 45 miljoner euro till förmånliga villkor från denna centraliserade likviditetsförvaltning, är förenligt med den inre marknaden.
In view of the considerations in recitals 223 to 228, the Commission considers that any undue negative effects on competition and trade between Member States are limited to the minimum.
Artikel 2
The Commission must establish whether the State aid granted to Frankfurt Hahn Airport has changed the behaviour of the beneficiary in such a way that it engaged in activity contributing to the achievement of the objective of common interest that (i) it would not have carried out without the aid; or (ii) it would have carried out in a more restricted or different manner.
De lån som Investitions- und Strukturbank Rheinland-Pfalz beviljade Flughafen Frankfurt-Hahn GmbH under perioden den 15 juli 2007 till den 30 september 2009 till ett belopp av 46,8 miljoner euro utgör inte statligt stöd i den mening som avses i artikel 107.1 i EUF-fördraget.
In addition, the aid is considered to be proportionate only if the same result could not be reached with less aid and less distortion.
Artikel 3
This means that the amount and intensity of the aid must be limited to the minimum needed for the aided activity to take place.
Detta beslut riktar sig till Förbundsrepubliken Tyskland.
According to the information submitted by Germany, without the aid the investment could not have been realised.
Utfärdat i Bryssel den 1 oktober 2014.
Germany submitted that the aid was necessary as it compensated only the costs of financing and a lower amount would have led to lower levels of investment.
På kommissionens vägnar
Indeed, according to the financial results summarised in Table 3 and Table 4 the airport is still loss-making and not able to finance its investment costs.
Vice ordförande
Therefore, it can be concluded that the aid was necessary to make investments in order to decongest the airport infrastructure and to meet the current requirements for modern airport infrastructure.
Med verkan från och med den 1 december 2009 har artiklarna 87 och 88 i EG-fördraget ersatts av artiklarna 107 respektive 108 i fördraget om Europeiska unionens funktionssätt (nedan kallat EUF-fördraget).
Without the aid, Frankfurt Hahn airport would not have been able to meet the expected demand of airlines, passengers and freight forwarders and the level of the economic activity of the airport would have been reduced.
Innehållet i bestämmelserna är dock i sak oförändrat.
It should also be noted that the public support was granted in a period when FFHG realised very significant investments into the infrastructure (more than EUR 220 million in 2001-2012).
I detta beslut bör hänvisningar till artiklarna 107 och 108 i EUF-fördraget i tillämpliga fall förstås som hänvisningar till artiklarna 87 respektive 88 i EG-fördraget.
Of this amount, EUR 46 million were invested during the period under consideration (2009 to 2012).
Genom EUF-fördraget infördes också vissa ändringar i terminologin, t.ex. ersattes gemenskapen med unionen och den gemensamma marknaden med den inre marknaden.
It follows that the investment aid covered only a fraction of the overall investment costs and was limited to the difference between the interest rate paid for the funds and the market rate under which FFHG would have received those funds on the market.
I detta beslut används genomgående EUF-fördragets terminologi.
Also, the investment aid under consideration was granted in the form of a 100 % state guarantee and funds at preferential terms and not in the form of a direct grant.
EUT C 216, 21.7.2012, s. 1.
The Commission therefore considers that the aid measure at stake had an incentive effect and that the amount of aid was limited to the minimum necessary for the aided activity to take place, and was thus proportionate.
Rådets förordning (EG) nr 659/1999 av den 22 mars 1999 om tillämpningsföreskrifter för artikel 108 i fördraget om Europeiska unionens funktionssätt (EGT L 83, 27.3.1999, s. 1).
On the basis of the above, the Commission concludes that the investment aid granted to Frankfurt Hahn airport is compatible with the internal market pursuant to Article 107(3)(c) of the Treaty as it complies with the compatibility conditions laid down in point 61 of the 2005 Aviation Guidelines.
Se fotnot 2.
Compatibility of operating aid pursuant to the 2014 Aviation Guidelines
Meddelande från kommissionen – Riktlinjer för statligt stöd till flygplatser och flygbolag (EUT C 99, 4.4.2014, s. 3).
Section 5.1 of the 2014 Aviation Guidelines sets out the criteria that the Commission will apply in assessing the compatibility of operating aid with the internal market pursuant to Article 107(3)(c) of the Treaty.
Tillämpning av artiklarna 92 och 93 i EG-fördraget och artikel 61 i EES-avtalet på statligt stöd inom luftfartssektorn (EGT C 350, 10.12.1994, s. 5).
According to point 172 of the 2014 Aviation Guidelines, the Commission will apply those criteria to all cases concerning operating aid, including pending notifications and unlawful non-notified aid cases.
Riktlinjer för finansiering av flygplatser och för statliga igångsättningsstöd för flygbolag med verksamhet på regionala flygplatser (EUT C 312, 9.12.2005, s. 1).
According to point 137 of the 2014 Aviation Guidelines, unlawful operating aid granted before the date of the publication of the 2014 Aviation Guidelines — like the funds granted from the cash-pool insofar as they may have constituted operating aid (see recitals 185 and 186) — may be declared compatible with the internal market to the full extent of uncovered operating costs provided that the following cumulative conditions are met:
EUT C 113, 15.4.2014, s. 30.
contribution to a well-defined objective of common interest: this condition is fulfilled, inter alia, if the aid increases the mobility of citizens of the Union and connectivity of the regions or facilitates regional development [88];
Konfidentiell information.
need for State intervention: the aid must be targeted towards situations where such aid can bring about a material improvement that the market itself cannot deliver [89];
Nedan i detta beslut används Fraport både för att beteckna FAG innan bytet av handelsnamn och Fraport AG därefter.
existence of incentive effect: this condition is fulfilled if it is likely that, in the absence of operating aid, and taking into account the possible presence of investment aid and the level of traffic, the level of economic activity of the airport concerned would be significantly reduced [90];
Enligt artikel 7.3 i köpeavtalet kan detta belopp minskas, exempelvis om FFHG:s kostnader för bullerskydd överstiger ett visst tak.
proportionality of the aid amount (aid limited to the minimum necessary): in order to be proportionate, operating aid to airports must be limited to the minimum necessary for the aided activity to take place [91];
Delstaten Hessen innehade 45,24 % av aktierna i Fraport, Stadtwerke Frankfurt am Main Holding GmbH (till 100 % ägt av staden Frankfurt am Main) innehade 28,89 % och Förbundsrepubliken Tyskland 25,87 %.
avoidance of undue negative effects on competition and trade [92].
Ryanair är ett irländskt flygbolag och medlem av lågprisbolagens intresseorganisation ELFAA (European Low Fares Airlines Association).
According to Section 5.1.2(a) of the 2014 Aviation Guidelines, in order to give airports time to adjust to new market realities and to avoid any disruptions in the air traffic and connectivity of the regions, operating aid to airports will be considered to contribute to the achievement of an objective of common interest, if it: (i) increases the mobility of Union citizens and connectivity of regions by establishing access points for intra-Union flights; (ii) combats air traffic congestion at major Union hub airports; or (iii) facilitates regional development.
Flygbolagets verksamhet är koncentrerad till mindre, regionala flygplatser.
In the light of the considerations in recitals 199 to 204, the Commission considers that the continued operation of Frankfurt-Hahn airport increased the mobility of Union citizens and connectivity of regions by establishing an access point for intra-Union flights in the Hunsrück region.
Flygbolaget trafikerar för närvarande ungefär 160 europeiska destinationer.
In addition, the continued operation of the airport facilitated the regional development of the Hunsrück region and the creation of new jobs.
Ryanair har en homogen flotta bestående av flygplan av typen Boeing 737–800 med 189 platser.
Moreover, the operation and development of Frankfurt Hahn airport also served to decongest Frankfurt Main airport.
Wizz Air är ett ungerskt flygbolag och medlem av lågprisbolagens intresseorganisation ELFAA (European Low Fares Airlines Association).
The Commission therefore concludes that the measure at stake meets a clearly defined objective of common interest.
Wizz Air-koncernen består av tre olika bolag, nämligen Wizz Air Hungary, Wizz Air Bulgaria och Wizz Air Ukraine.
Need for State intervention
Flygbolagets verksamhet är koncentrerad till mindre, regionala flygplatser.
According to Section 5.1.2(b) of the 2014 Aviation Guidelines, in order to assess whether State aid is effective in achieving an objective of common interest, it is necessary to identify the problem to be addressed.
Flygbolaget trafikerar för närvarande ungefär 150 europeiska destinationer.
In this respect, any State aid to an airport must be targeted towards a situation where aid can bring about a material improvement that the market cannot deliver itself.
Wizz Air har en homogen flotta bestående av flygplan av typen Airbus A 320 med 180 platser.
The Commission notes that Frankfurt Hahn airport is a regional airport with approximately 2,7 million passengers p.a.
Kommissionens meddelande av den 12 december 2007 om en översyn av metoden för att fastställa referens- och diskonteringsräntor (EUT C 14, 19.1.2008, s. 6) (nedan kallat meddelandet om referensräntor).
It has high fixed operating costs and under present market conditions it is not able to cover its own operating costs.
KMV Riskcalc Germany 3.1.
Therefore, there is a need for State intervention (see point 89 of the 2014 Aviation Guidelines).
Denna modell används för att bedöma kreditvärdigheten för onoterade bolag baserat på deras finansiella data.
Appropriateness of the aid measures
Moody's KMV RiskCalc Germany 3.1.
According to Section 5.1.2(c) of the 2014 Aviation Guidelines, any aid measure to an airport must be an appropriate policy instrument to address the objective of common interest.
Utifrån finansiella data beräknar denna modell förväntad fallisemangsfrekvens (eller sannolikhet för fallissemang) för företag som inte handlas på aktiebörsen.
The Member State must, therefore, demonstrate that no other less distortive policy instruments or aid instruments could have allowed the same objective to be reached.
När kreditbetygen fastställdes förmodades de lån som tillhandahölls inom ramen för den centraliserade likviditetsförvaltningen ha en kort löptid, mot bakgrund av förklaringarna i skäl 46.
According to Germany, the aid measures at stake are appropriate to address the intended objective of common interest that could not have been achieved by another less distortive policy instrument.
Med beaktande av ägarstrukturen.
In this case the aid amount (the difference between the market rate for the funds provided by the cash-pool and the actual rate) stayed below the uncovered operating losses (see Table 4, Ebitda excluding the extraordinary revenue of the airport) actually incurred and was limited to the minimum necessary as it was granted only as a repayable loan and not as a direct grant.
Detta motsvarar ett kreditbetyg på [BB+ till B-] på Standard & Poor's bedömningsskala.
No other policy measure would allow the airport to continue its operation.
Denna bedömningskategori innebär att gäldenären är […].
Hence, the compensation of losses is limited to the minimum and does not provide for any profits.
Detta motsvarar ett kreditbetyg på [BBB- till B] på Standard & Poor's bedömningsskala.
In view of recitals 244 and 245, the Commission considers that the measures at stake were appropriate to reach the desired objective of common interest.
Denna bedömningskategori innebär att gäldenären är […].
Existence of incentive effect
I detta avseende hänvisade Tyskland till domen av den 23 februari 1961 i mål C-30/59, De gezamenlijke Steenkolenmijnen in Limburg mot Höga myndigheten (REG 1961, s. 3), punkt 43.
According to Section 5.1.2(d) of the 2014 Aviation Guidelines, operating aid has an incentive effect if it is likely that, in the absence of operating aid, the level of economic activity of the airport would be significantly reduced.
Deutsche Bank, Margen-Indikation für geplante Refinanzierung bestehender Verschuldung, den 3 september 2009.
This assessment needs to take into account the presence of investment aid and the level of traffic at the airport.
Punkt 3.2.1 i Margen-Indikation für geplante Refinanzierung bestehender Verschuldung: ”…, gehen wir von einer Einstufung der Gesellschaft im […].”
Without the aid the scale of the operations at Frankfurt Hahn airport would be severely impacted and reduced, leading eventually to the market exit of the airport due to uncovered operating losses.
Bedömningskategorin [ < BBB+] innefattar alla kreditbetyg som är lägre än [BBB+] på Standard and Poor's bedömningsskala.
In view of the above, the Commission considers that the aid measures at stake had an incentive effect.
Deutsche Bank har dock inte angett FFHG:s justerade kreditbetyg.
According to Section 5.1.2(e) of the 2014 Aviation Guidelines, in order to be proportionate, operating aid to airports must be limited to the minimum necessary for the aided activity to take place.
Denna sats beräknas på följande sätt: [5–25] räntepunkter – riskmarginal betalad på femårig euroobligation från de tyska delstaterna, [5–25] räntepunkter – ovanpå ovannämnda marginal till följd av den indirekta risken på grund av att det rört sig om ett statligt bolag, [5–25] räntepunkter – för den begränsade möjligheten att handla med skulden.
In this case, the aid amount was limited to the extent of uncovered operating cost of capital, as it compensated only the costs actually incurred.
Rating Ergebnis FFHG från Volksbank Hunsrück-Nahe eG.
Therefore, the Commission considers that the amount of the operating aid in this case was proportionate and limited to the minimum necessary for the aided activity to take place.
Detta kreditbetyg motsvarar [B–BB] på Standard and Poor's bedömningsskala (se Rating-Broschüre Finanzstandort Deutschland, 2010, s. 18).
According to Section 5.1.2(f) of the 2014 Aviation Guidelines, when assessing the compatibility of operating aid account will be taken of the distortions of competition and the effects on trade.
Detta kreditbetyg motsvarar [B- till BB-] på Standard and Poor's bedömningsskala (se Rating-Broschüre Finanzstandort Deutschland, 2010, s. 18).
Within the standard catchment area of Frankfurt Hahn airport (1 hour travelling time by car or 100 kilometres distance) there are no commercially exploited airports.
Kommissionens tillkännagivande om tillämpningen av artiklarna 87 och 88 i EG-fördraget på statligt stöd i form av garantier (EUT C 155, 20.6.2008, s. 10) (nedan kallat tillkännagivandet om garantier).
Even if this standard catchment area was to be further extended to other airports in the proximity of Frankfurt Hahn airport, as demonstrated in recitals 224 and 228, there are no undue negative effects on competition between the airports located in the proximity of Frankfurt Hahn airport (that is Frankfurt Main, Luxembourg and Saarbrücken airports).
Deutsche Bank gör en bedömning av två alternativa scenarier när det gäller finansieringen av FFHG – en utan säkerhet och en med en hundraprocentig statlig garanti.
In view of the above, the Commission considers that any undue negative effects on competition and trade between Member States due to the operating aid granted in favour of FFHG are limited to the minimum.
Banken uppskattar att i det första fallet (utan säkerhet) skulle riskmarginalen för ett femårigt lån ligga på mellan [1,30 % och 2,05 %] per år.
In light of the considerations in recitals 238 to 255, the Commission concludes that the measures are compatible with the internal market on the basis of Article 107(3)(c) of the Treaty.
I det andra fallet (med en garanti som täcker 100 % av anspråken) skulle den tillämpliga riskmarginalen ligga på mellan [0,25 % och 0,7 %] per år.
CONCLUSION
Skillnaden i marginalerna mellan de två fallen ger en antydan om vad garantin kostar.
In the light of the considerations in recitals 99 to 124, the Commission considers that the credit line provided by the cash-pool to FFGH by Land Rhineland-Palatinate constitutes State aid within the meaning of Article 107(1) of the Treaty.
Gemeinschaftsaufgabe Verbesserung der regionalen Wirtschaftsstruktur (GRW) Gesetz av den 6 oktober 1969 (BGBl.
In the light of the considerations in recitals 140 to 169, the Commission concludes that ISB loans numbers 1, 3 and 4 were granted at rates that can be deemed in line with market conditions.
I, s.
Hence, given that the cumulative criteria in Article 107(1) of the Treaty are not fulfilled, the Commission considers that these loans do not constitute State aid within the meaning of Article 107(1) of the Treaty.
1861), som senast ändrades genom artikel 8 i lagen av den 7 september 2007 (BGBl.
In light of the considerations in recitals 140 to 169 above, the Commission concludes that ISB loans numbers 2 and 5 were granted below the benchmark rate.
I, 2008, s. 2246).
Since the other criteria pursuant in Article 107(1) of the Treaty are also fulfilled, those loans constitute State aid.
Flughafen Frankfurt-Hahn – Regionalökonomische Effekte, ZFL Studie, 03/2007.
As the credit line and the funds provided by the cash-pool, the 100 % state guarantee and ISB loans numbers 2 and 5 have already been put at the disposal of FFHG, the Commission considers that Germany has not respected the prohibition of Article 108(3) of the Treaty.
Synpunkter från Tyskland, september 2014.
In the light of the considerations in recitals 199 to 232, the Commission concludes that the investment aid granted to Frankfurt Hahn airport is compatible with the internal market pursuant to Article 107(3)(c) of the Treaty as it complies with the compatibility conditions laid down in point 61 of the 2005 Aviation Guidelines.
Gemenskapens riktlinjer för statligt stöd till undsättning och omstrukturering av företag i svårigheter (EUT C 244, 1.10.2004, s. 2).
In the light of the considerations in recitals 238 to 255, the Commission concludes that the funds provided by the cash-pool at privileged terms comply with the compatibility conditions for operating aid laid down in point 137 of the 2014 Aviation Guidelines and are compatible with the internal market on the basis of Article 107(3)(c) of the Treaty.
Dom av den 18 juni 1998 i mål C-35/96, kommissionen mot Italien (REG 1998, s.