The Commission issued an overview of the national measures adopted as a response to the financial and economic crisis.
The Commission issued an overview of the national measures adopted as a response to the financial and economic crisis
This information is compiled from a range of sources and is provided for information only. The European Commission cannot confirm the completeness or accuracy of the information.
Press release
Cases of state aid for financial sector - situation as of 22 April 2009
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
IP/08/1933
|
09 December 2008
|
|
2
|
Belgium/France/
Luxembourg
|
Guarantee on liabilities of Dexia
|
Decision not to raise objections
IP/08/1745
|
19 November 2008
|
|
3
|
Belgium/France/
Luxembourg
|
Guarantee in favour of Dexia on certain assets in FSA
|
Decision not to raise objections
IP/09/399
|
13 March 2009
|
|
4
|
Belgium/Luxembourg/Netherlands
|
Measures in favour of Fortis
|
Decision not to raise objections
IP/08/1746
|
19 November 2008
|
|
5
|
Belgium/Luxembourg/Netherlands
|
Restructuring aid to Fortis Bank and Fortis Bank Luxembourg
|
Decision not to raise objections
IP/08/1884
|
03 December 2008
|
|
6
|
Belgium
|
Recapitalisation measure in favour of KBC
|
Decision not to raise objections
IP/08/2033
|
18 December 2008
|
|
7
|
Belgium
|
Capital injection for Ethias group
|
Decision not to raise objections
IP/09/254
|
12 February 2009
|
|
8
|
Denmark
|
Rescue aid to
Roskilde Bank
|
Decision not to raise objections (IP/08/1222)
|
31 July 2008
|
|
9
|
Denmark
|
Liquidation aid
Roskilde bank
|
Decision not to raise objections IP/08/1633
|
5 November 2008
|
|
10
|
Denmark
|
Guarantee scheme for banks in Denmark
|
Decision not to raise objections IP/08/1483
|
10 October 2008
|
|
11
|
Denmark
|
Recapitalisation scheme and amendment of the guarantee scheme
|
Decision not to raise objectives
IP/09/206
|
3 February 2009
|
|
12
|
Finland
|
Finnish guarantee scheme
|
Decision not to raise objections
IP/08/1705
|
14 November 2008
|
|
13
|
Finland
|
Guarantee for Kaupthing Bank Finland
|
Decision not to raise objections
IP/09/82
|
21 January 2008
|
|
14
|
France
|
Financial support measures to the banking industry in France
(Refinancing)
|
Decision not to raise objections IP/08/1609
|
30 October 2008
|
|
15
|
France
|
Financial support measures to the banking industry in France
(Recapitalisation)
Amendment to the Decision
Amendment to the Decision
|
Decision not to raise objections
IP/08/1900
IP/09/158
IP/09/461
|
08 December 2008
28 January 2009
23 March 2009
|
|
16
|
Germany
|
Restructuring aid
to Sachsen LB
|
Conditional decision (after formal investigation procedure
IP/08/849
|
4 June 2008
|
|
17
|
Germany
|
Restructuring aid
to IKB
|
Conditional decision (after formal investigation procedure) IP/08/1557
|
21 October 2008
|
|
18
|
Germany
|
Rescue aid
to Hypo Real Estate Holding
|
Decision not to raise objections IP/08/1453
|
2 October 2008
|
|
19
|
Germany
|
Aid scheme
for financial institutions in Germany (guarantees, recapitalisations & other)
Amendment to the Decision
|
Decision not to raise objections IP/08/1589
IP/08/1966
|
27 October 2008
12 December 2008
|
|
20
|
Germany
|
Guarantee and recapitalisation for Bayern LB
|
Decision not to raise objections
IP/08/2034
|
18 December 2008
|
|
21
|
Germany
|
Guarantee for NordLB
|
Decision not to raise objections
IP/08/2056
|
22 December 2008
|
|
22
|
Germany
|
Guarantee for IKB
|
Decision not to raise objections
IP/08/2055
|
22 December 2008
|
|
23
|
Germany
|
Guarantee for SdB – Sicherungseinrichtungsgesellschaft deutscher Banken mbH
|
Decision not to raise objections
IP/09/114
|
22 January 2009
|
|
24
|
Greece
|
Aid scheme to the banking industry in Greece (guarantees, recapitalisation & other)
|
Decision not to raise objections
IP/08/1742
|
19 November 2008
|
|
25
|
Hungary
|
Support package for Hungarian financial institutions in form of recapitalisation and guarantee scheme
|
Decision not to raise objections
IP/09/253
|
12 February 2009
|
|
26
|
Ireland
|
Guarantee scheme
for banks in Ireland
|
Decision not to raise objections IP/08/1497
|
13 October 2008
|
|
27
|
Ireland
|
Recapitalisation of Anglo Irish Bank
|
Decision not to raise objections
IP/09/50
|
14 January 2009
|
|
28
|
Ireland
|
Recapitalisation of Bank of Ireland
|
Decision not to raise objections
IP/09/483
|
26 March 2009
|
|
29
|
Italy
|
Guarantee scheme for Italian banks
|
Decision not to raise objections IP/08/1706
|
14 November 2008
|
|
30
|
Italy
|
Recapitalisation scheme
Amendment to the Decision
|
Decision not to raise objections
IP/08/2059
IP/09/302
|
23 December 2008
20 February 2009
|
|
31
|
Latvia
|
Public support measures to Parex Banka
|
Decision not to raise objections
IP/08/1766
|
24 November 2008
|
|
32
|
Latvia
|
Guarantee scheme for banks
|
Decision not to raise objections
IP/08/2054
|
22 December 2008
|
|
33
|
Netherlands
|
Guarantee scheme
for Dutch financial institutions
|
Decision not to raise objections IP/08/1610
|
30 October 2008
|
|
34
|
Netherlands
|
Measure in favour of ING
|
Decision not to raise objections IP/08/1699
|
13 November 2008
|
|
35
|
Netherlands
|
Measure in favour of Aegon
|
Decision not to raise objections
IP/08/1822
|
27 November 2008
|
|
36
|
Netherlands
|
SNS Reaal/New capital injection by Dutch authorities
|
Decision not to raise objections
IP/08/1951
|
10 December 2008
|
|
37
|
Netherlands
|
ING Illiquid asset facility
|
Decision not to raise objections
IP/09/514
|
31 March 2009
|
|
38
|
Portugal
|
Guarantee scheme
for credit institutions in Portugal
|
Decision not to raise objections IP/08/1601
|
29 October 2008
|
|
39
|
Portugal
|
State guarantee for Banco Privado Português
|
Decision not to raise objections
IP/09/400
|
13 March 2009
|
|
40
|
Slovenia
|
Guarantee scheme
for credit institutions in Slovenia
|
Decision not to raise objections
IP/08/1964
|
12 December 2008
|
|
41
|
Spain
|
Fund for the Acquisition of Financial Assets in Spain
|
Decision not to raise objections IP/08/1630
|
4 November 2008
|
|
42
|
Spain
|
Spanish guarantee scheme for credit institutions
|
Decision not to raise objections
IP/08/2049
|
22 December 2008
|
|
43
|
Sweden
|
Support measures for the banking industry in Sweden
Amendment to the decision
|
Decision not to raise objections IP/08/1600
IP/09/186
|
29 October 2008
28 January 2009
|
|
44
|
Sweden
|
Emergency rescue measures regarding Carnegie Investment Bank
|
Decision not to raise objections
IP/08/1977
|
15 December 2008
|
|
45
|
Sweden
|
Swedish recapitalisation scheme
|
Decision not to raise objections
IP/09/241
|
11 February 2009
|
|
46
|
United Kingdom
|
Rescue aid
to Bradford and Bingley
|
Decision not to raise objections IP/08/1437
|
1st October 2008
|
|
47
|
United Kingdom
|
Aid scheme
to the banking industry in the UK (guarantees, recapitalisation & other)
Amendment to the Decision
Prolongation
|
Decision not to raise objections IP/08/1496
IP/08/2057
Decision not to raise objections
IP/09/586
|
13 October 2008
22 December 2008
15 April 2009
|
|
48
|
United Kingdom
|
Homeowners mortgage support scheme
|
Decision not to raise objections
IP/09/602
|
20 April 2009
|
|
49
|
United Kingdom
|
Asset - Backed Securities Guarantee Scheme
|
Decision not to raise objections
IP/09/613
|
21 April 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
|
Germany
|
Restructuring of
West LB
|
1 October 2008
(IP/08/1435)
|
Case under assessment
|
|
2
|
United Kingdom
|
Restructuring aid for
Northern Rock
|
2 April 2008
(IP/08/489)
|
Case under assessment
|
|
3
|
Belgium/France/
Luxembourg
|
Restructuring of Dexia
|
13 March 2009
IP/09/399
|
Case under assessment
|
|
4
|
Netherlands
|
ING Illiquid asset facility
|
31 March 2009
IP/09/514
|
Case under assessment
|
|
5
|
Netherlands
|
State measures in favour of Fortis Bank Nederland (FBN) and the activities of ABN Amro
|
8 April 2009
IP/09/565
|
Case under assessment
|
Real economy cases falling under the Temporary Framework - situation as of 22 April 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)
|
Decision not to raise objections
IP/09/454
|
20 March 2009
|
|
2
|
Austria
|
N 47/d/2009- Temporary scheme (risk capital)
|
Decision not to raise objections
IP/09/484
|
25 March 2009
|
|
3
|
Belgium
|
N 117/2009- Temporary scheme (subsidised guarantees)
|
Decision not to raise objections
IP/09/447
|
20 March 2009
|
|
4
|
France
|
N 7/2009 – Temporary scheme (aid up to € 500 000)
|
Decision not to raise objections
IP/09/72
|
19 January 2009
|
|
5
|
France
|
N 15/2009 - Temporary scheme (reduced interest rates)
|
Decision not to raise objections
IP/09/216
|
4 February 2009
|
|
6
|
France
|
N 11/2009 - Temporary scheme (reduced interest rates – to producers of green products)
|
Decision not to raise objections
IP/09/205
|
3 February 2009
|
|
7
|
France
|
N 23/2009 - Temporary scheme
(subsidised guarantees)
|
Decision not to raise objections
IP/09/332
|
27 February 2009
|
|
8
|
France
|
N 119/2009 - modification of French risk capital scheme
|
Decision not to raise objections
IP/09/406
|
16 March 2009
|
|
9
|
Germany
|
N 661/2008 – KfW run special program 2009 (interest subsidies)
|
Decision not to raise objections
(IP/08/2063)
|
30 December 2008
|
|
10
|
Germany
|
N 668/2008 – Temporary scheme (limited amount of compatible aid)
|
Decision not to raise objections
IP/08/2063
|
30 December 2008
|
|
11
|
Germany
|
N 39/2009 – Temporary adaptation of risk-capital schemes
|
Decision not to raise objections
IP/09/214
|
3 February 2009
|
|
12
|
Germany
|
N 27/2009 - Temporary scheme (guarantees)
|
Decision not to raise objections
IP/09/331
|
27 February 2009
|
|
13
|
Germany
|
N 38/2009 - Temporary scheme (reduced interest rates)
|
Decision not to raise objections
IP/09/296
|
19 February 2009
|
|
14
|
Hungary
|
N 114/2009- Temporary scheme (guarantees)
|
Decision not to raise objections
IP/09/387
|
10 March 2009
|
|
15
|
Hungary
|
N 77/2009 - Temporary scheme (aid up to € 500 000)
|
Decision not to raise objections
IP/09/325
|
24 February 2009
|
|
16
|
Hungary
|
N 78/2009 – Temporary scheme (subsidised interest rates)
|
Decision not to raise objections
IP/09/325
|
24 February 2009
|
|
17
|
Ireland
|
N 186/2009 – Temporary scheme (aid up to € 500 000)
|
Decision not to raise objections
IP/09/585
|
15 April 2009
|
|
18
|
Latvia
|
N 124/2009 – Temporary scheme (aid up to € 500 000)
|
Decision not to raise objections
IP/09/442
|
19 March 2009
|
|
19
|
Luxembourg
|
N 99/2009 – Temporary scheme (aid up to € 500 000)
|
Decision not to raise objections
IP/09/334
|
26 February 2009
|
|
20
|
Luxembourg
|
N 128/2009 – Temporary scheme (guarantees)
|
Decision not to raise objections
IP/09/392
|
11 March 2009
|
|
21
|
Luxembourg
|
N 50/2009 – Temporary scheme (export-credit insurance)
|
Decision not to raise objections
IP/09/603
|
20 April 2009
|
|
22
|
Netherlands
|
N 156/2009 – Temporary scheme (aid up to € 500 000)
|
Decision not to raise objections
IP/09/527
|
1 April 2009
|
|
23
|
Portugal
|
N 13/2009 – Temporary scheme (aid up to € 500 000)
|
Decision not to raise objections
IP/09/71
|
19 January 2009
|
|
24
|
Spain
|
N 140/2009 – Temporary scheme (aid for green cars)
|
Decision not to raise objections
IP/09/499
|
29 March 2009
|
|
25
|
United Kingdom
|
N 43/2009 – Temporary scheme (aid up to € 500 000)
|
Decision not to raise objections
IP/09/215
|
4 February 2009
|
|
26
|
United Kingdom
|
N 71/2009 – Temporary scheme (guarantees)
|
Decision not to raise objections
IP/09/333
|
27 February 2009
|
|
27
|
United Kingdom
|
N 72/2009 – Temporary scheme (to businesses producing green products)
|
Decision not to raise objections
IP/09/333
|
27 February 2009
|
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