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01 July 2009

Commission updates on national state aid measures to the crisis


This information is compiled from a different range of sources and is provided for people's information only.

 

Decisions adopted by the Commission in 2008/2009

Member State
Type of measure / Beneficiary
Type of Decision
Date of adoption
1
Austria
Aid scheme for the Austrian financial sector (guarantees, recapitalisation & other)
Decision not to raise objections
09 December 2008
2
Austria
Recapitalisation of Hypo Tirol
Decision not to raise objections
17 June 2009
3
Belgium/France/
Luxembourg
Guarantee on liabilities of Dexia
Decision not to raise objections
19 November 2008
4
Belgium/France/
Luxembourg
Guarantee in favour of Dexia on certain assets in FSA
Decision not to raise objections
13 March 2009
5
Belgium/Luxembourg/Netherlands
Measures in favour of Fortis
Decision not to raise objections
19 November 2008
6
Belgium/Luxembourg/Netherlands
Restructuring aid to Fortis Bank and Fortis Bank Luxembourg
Decision not to raise objections
03 December 2008
7
Belgium/Luxembourg
Additional aid measures in favour of Fortis Bank and Fortis Bank Luxembourg
Decision not to raise objections
12 May 2009
8
Belgium
Recapitalisation measure in favour of KBC
Decision not to raise objections
18 December 2008
9
Belgium
Capital Injection for Ethias Group
Decision not to raise objections
12 February 2009
10
Denmark
Rescue aid to
Roskilde Bank
Decision not to raise objections ( IP/08/1222 )
31 July 2008
11
Denmark
Liquidation aid
Roskilde bank
Decision not to raise objections IP/08/1633
5 November 2008
12
Denmark
Guarantee scheme for banks in Denmark
Decision not to raise objections IP/08/1483
10 October 2008
13
Denmark
Recapitalisation scheme and amendment of the guarantee scheme
Decision not to raise objectives
3 February 2009
14
Denmark
Rescue aid for Fionia Bank
Decision not to raise objections
20 May 2009
15
Finland
Finnish guarantee scheme
Prolongation and modification
Decision not to raise objections
Decision not to raise objections
14 November 2008
30 April 2009
16
Finland
Guarantee for Kaupthing Bank Finland
Decision not to raise objections
21 January 2009
17
France
Financial support measures to the banking industry in France
(Refinancing)
Extension of the scheme
Decision not to raise objections IP/08/1609
Decision not to raise objections
30 October 2008
12 May 2009
18
France
Financial support measures to the banking industry in France
(Recapitalisation)
Amendment to the Decision
Amendment to the Decision
Decision not to raise objections
08 December 2008
28 January 2009
23 March 2009
19
France
Capital injection for Caisse d'Epargne and Banque Populaire
Decision not to raise objections
8 May 2009
20
Germany
Restructuring aid
to Sachsen LB
Conditional decision (after formal investigation procedure
4 June 2008
21
Germany
Restructuring aid
to IKB
Conditional decision (after formal investigation procedure) IP/08/1557
21 October 2008
22
Germany
Rescue aid
to Hypo Real Estate Holding
Decision not to raise objections IP/08/1453
2 October 2008
23
Germany
Aid scheme

for financial institutions in Germany (guarantees, recapitalisations & other)
Prolongation
Decision not to raise objections IP/08/1589
27 October 2008
22 June 2009
24
Germany
Guarantee and recapitalisation for Bayern LB
Decision not to raise objections
18 December 2008
25
Germany
Guarantee for NordLB
Decision not to raise objections
22 December 2008
26
Germany
Guarantee for IKB
Decision not to raise objections
22 December 2008
27
Germany
Guarantee for SdB – Sicherungseinrichtungsgesellschaft deutscher Banken mbH
Decision not to raise objections
22 January 2009
28
Germany
Commerzbank capital injection
Decision not to raise objections
7 May 2009
29
Germany
Aid for the restructuring of West LB
Conditional decision (after formal investigation procedure)
12 May 2009
30
Germany
Recapitalisation of HSH Nordbank
Decision not to raise objections
29 May 2009
31
Greece
Aid scheme to the banking industry in Greece (guarantees, recapitalisation & other)
Decision not to raise objections
19 November 2008
32
Hungary
Financial support measures to Hungarian financial industry in form of recapitalisation and guarantee scheme
Decision not to raise objections
12 February 2009
33
Ireland
Guarantee scheme
for banks in Ireland
Decision not to raise objections IP/08/1497
13 October 2008
34
Ireland
Recapitalisation of Anglo Irish Bank
Decision not to raise objections
14 January 2009
35
Ireland
Change of ownership of Anglo Irish Bank
Decision not to raise objections
17 February 2009
36
Ireland
Recapitalisation of Bank of Ireland
Decision not to raise objections
26 March 2009
37
Ireland
Recapitalisation of Allied Irish Bank
Decision not to raise objections
12 May 2009
38
Ireland
Recapitalisation of Anglo Irish Bank
Decision not to raise objections
26 June 2009
39
Italy
Guarantee scheme for Italian banks
Prolongation
Decision not to raise objections IP/08/1706
14 November 2008
16 June 2009
40
Italy
Recapitalisation scheme
Decision not to raise objections
23 December 2008
41
Latvia
Public support measures to Parex Banka
Amendment to the Decision
Decision not to raise objections
24 November 2008
11 May 2009
42
Latvia
Guarantee scheme for banks
Decision not to raise objections
22 December 2008
43
Netherlands
Guarantee scheme
for Dutch financial institutions
Decision not to raise objections IP/08/1610
30 October 2008
44
Netherlands
Measure in favour of ING
Decision not to raise objections IP/08/1699
13 November 2008
45
Netherlands
Measure in favour of Aegon
Decision not to raise objections
27 November 2008
46
Netherlands
SNS Reaal/New capital injection by Dutch authorities
Decision not to raise objections
10 December 2008
47
Netherlands
ING Illiquid asset facility
Decision not to raise objections
31 March 2009
48
Portugal
Guarantee scheme
for credit institutions in Portugal
Decision not to raise objections IP/08/1601
29 October 2008
49
Portugal
State guarantee for Banco Privado Português
Decision not to raise objections
13 March 2009
50
Portugal
Bank recapitalisation scheme
Decision not to raise objections
20 May 2009
51
Slovenia
Guarantee scheme
for credit institutions in Slovenia
Prolongation
Decision not to raise objections
12 December 2008
22 June 2006
52
Slovenia
Liquidity scheme for financial sector
Decision not to raise objections
20 March 2009
53
Spain
Fund for the Acquisition of Financial Assets in Spain
Decision not to raise objections IP/08/1630
4 November 2008
54
Spain
Spanish guarantee scheme for credit institutions
Prolongation
Decision not to raise objections
22 December 2008
25 June 2009
55
Sweden
Support measures for the banking industry in Sweden
Amendment to the decision
Amendment and prolongation
Decision not to raise objections IP/08/1600
29 October 2008
28 January 2009
28 April 2009
56
Sweden
Emergency rescue measures regarding Carnegie Investment Bank
Decision not to raise objections
15 December 2008
57
Sweden
Recapitalisation scheme
Decision not to raise objections
11 February 2009
58
United Kingdom
Rescue aid
to Bradford and Bingley
Decision not to raise objections IP/08/1437
1 st October 2008
59
United Kingdom
Aid scheme

to the banking industry in the UK (guarantees, recapitalisation & other)
Prolongation
Decision not to raise objections IP/08/1496
Decision not to raise objections
13 October 2008
15 April 2009
60
United Kingdom
Working capital guarantee scheme
Decision not to raise objections
24 March 2009

Remark: As a general rule, each of these schemes is reviewable after six months. This means that the first wave of reviews will start as from April 2009. Also some of the individual decisions are subject to a review and possible restructuring plan.
Cases currently under formal investigation procedure

(in-depth investigation under the EC Treaty’s rules on state aid)

Country
Type of measure / Beneficiary
Date of decision regarding the opening of formal investigation
1
Belgium/France/Luxembourg
Restructuring of Dexia
13 March 2009
Case under assessment
2
Germany
Aid package for
Hypo Real Estate
7 May 2009
Case under assessment
3
Germany, Austria
Aid package for Bayern LB and its Austrian subsidiary Hypo Group Alpe Adria
12 May 2009 IP/09/742
Case under assessment
4
United Kingdom
Restructuring aid for
Northern Rock
Extension of the ongoing in-depth investigation
2 April 2008
7 May 2009
Case under assessment
5
Netherlands
ING Illiquid asset facility
31 March 2009
Case under assessment
6
Netherlands
State measures in favour of Fortis Bank Nederland (FBN) and the activities of ABN Amro
8 April 2009
Case under assessment

Real economy cases falling under the Temporary Framework - situation as of 29 June 2009
Decisions adopted by the Commission in 2008/2009

Member State
Type of measure / Beneficiary
Type of decision
Date of adoption
1
Austria
N 47/a/2009- Temporary scheme (aid up to € 500 000)
N 317/2009 - Amendment
Decision not to raise objections
20 March 2009
18 June 2009
2
Austria
N 47/d/2009- Temporary scheme (risk capital)
Decision not to raise objections
25 March 2009
3
Belgium
N 117/2009- Temporary scheme (subsidised guarantees)
Decision not to raise objections
20 March 2009
4
Czech Republic
N 237/2009 - Temporary scheme (subsidised interest rates)
Decision not to raise objections
6 May 2009
5
Czech Republic
N 236/2009 - Temporary scheme (aid up to € 500 000)
Decision not to raise objections
7 May 2009
6
Denmark
N 198/2009 - Temporary scheme (export-credit insurance)
Decision not to raise objections
6 May 2009
7
Finland
N 224/2009 - Temporary scheme (aid up to € 500 000)
Decision not to raise objections
3 June 2009
8
Finland
N 82b/2009 - Temporary scheme (guarantees)
Decision not to raise objections
9 June 2009
9
Finland
N 258/2009 – Temporary scheme (export-credit insurance)
Decision not to raise objections
22 June 2009
10
France
N 7/2009 – Temporary scheme (aid up to € 500 000)
Decision not to raise objections
19 January 2009
11
France
N 15/2009 - Temporary scheme (reduced interest rates)
Decision not to raise objections
4 February 2009
12
France
N 11/2009 - Temporary scheme (reduced interest rates – to producers of green products)
Decision not to raise objections
3 February 2009
13
France
N 23/2009 - Temporary scheme
(subsidised guarantees)
Decision not to raise objections
27 February 2009
14
France
N 119/2009 - modification of French risk capital scheme
Decision not to raise objections
16 March 2009
15
Germany
N 661/2008 – KfW run special program 2009 (interest subsidies)
Decision not to raise objections
30 December 2008
16
Germany
N 668/2008 – Temporary scheme (limited amount of compatible aid)
N 299/2009 - Amendment
Decision not to raise objections
30 December 2008
4 June 2009
17
Germany
N 39/2009 – Temporary adaptation of risk-capital schemes
Decision not to raise objections
3 February 2009
18
Germany
N 27/2009 - Temporary scheme (guarantees)
Decision not to raise objections
27 February 2009
19
Germany
N 38/2009 - Temporary scheme (reduced interest rates)
Decision not to raise objections
19 February 2009
20
Greece
N308/2009 - Temporary scheme (guarantees)
Decision not to raise objections
3 June 2009
21
Greece
N309/2009 - Temporary scheme (subsidised interest rates)
Decision not to raise objections
3 June 2009
22
Hungary
N 114/2009- Temporary scheme (guarantees)
Decision not to raise objections
10 March 2009
23
Hungary
N 77/2009 - Temporary scheme (aid up to € 500 000)
Decision not to raise objections
24 February 2009
24
Hungary
N 78/2009 – Temporary scheme (subsidised interest rates)
Decision not to raise objections
24 February 2009
25
Hungary
N 203/2009 - Temporary scheme (guarantees)
Decision not to raise objections
24 April 2009
26
Ireland
N 186/2009 – Temporary scheme (aid up to € 500 000)
Decision not to raise objections
15 April 2009
27
Italy
N 279/2009 - Temporary scheme (risk capital)
Decision not to raise objections
20 May 2009
28
Italy
N 266/2009 - Temporary scheme (guarantees)
Decision not to raise objections
28 May 2009
2 9
Italy
N 248/2009 – Temporary scheme (aid up to € 500 000)
Decision not to raise objections
28 May 2009
30
Italy
N 268/2009 – Temporary scheme (subsidised interest rates)
Decision not to raise objections
29 May 2009
31
Latvia
N 124/2009 – Temporary scheme (aid up to € 500 000)
Decision not to raise objections
19 March 2009
32
Latvia
N 139/2009 - Temporary scheme (guarantees)
Decision not to raise objections
22 April 2009
33
Lithuania
N 272/2009 – Temporary scheme (aid up to € 500 000)
Decision not to raise objections
8 June 2006
34
Luxembourg
N 99/2009 – Temporary scheme (aid up to € 500 000)
Decision not to raise objections
26 February 2009
35
Luxembourg
N 128/2009 – Temporary scheme (guarantees)
Decision not to raise objections
11 March 2009
36
Luxembourg
N 50/2009 – Temporary scheme (export-credit insurance)
Decision not to raise objections
20 April 2009
37
Malta
N 118/2009 - Temporary scheme (aid up to € 500 000)
Decision not to raise objections
18 May 2009
38
Netherlands
N 156/2009 – Temporary scheme (aid up to € 500 000)
Decision not to raise objections
1 April 2009
39
Portugal
N 13/2009 – Temporary scheme (aid up to € 500 000)
Decision not to raise objections
19 January 2009
40
Romania
N 286/2009 – Temporary scheme (guarantees)
Decision not to raise objections
5 June 2009
41
Slovak Republic
N 222/2009 – Temporary scheme (aid up to € 500 000)
Decision not to raise objections
30 April 2009
42
Slovenia
NN 34/2009 - Temporary scheme (guarantees)
Decision not to raise objections
12 June 2009
43
Slovenia
N 228/2009 - Temporary scheme (aid up to € 500 000)
Decision not to raise objections
12 June 2009
44
Spain
N 140/2009 – Temporary scheme (aid for green cars)
Decision not to raise objections
29 March 2009
45
Spain
N 307/2009 – Temporary scheme (aid up to € 500 000)
Decision not to raise objections
8 June 2009
46
Sweden
N 80/2009 - State guarantees in favour of Volvo cars
Decision not to raise objections
5 June 2009
47
United Kingdom
N 43/2009 – Temporary scheme (aid up to € 500 000)
Decision not to raise objections
4 February 2009
48
United Kingdom
N 71/2009 – Temporary scheme (guarantees)
Decision not to raise objections
27 February 2009
49
United Kingdom
N 72/2009 – Temporary scheme (to businesses producing green products)
Decision not to raise objections
27 February 2009
50
United Kingdom
N 257/2009 – Temporary scheme (subsidised interest rates)
Decision not to raise objections
15 May 2009



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