The European Commission prepared an overview on state-aid cases and decisions adopted by the Commission in 2008 in response to the financial crises.
The European Commission prepared an overview on state aid cases and decisions adopted by the Commission in 2008 in response to the financial crises.
Press release
Decisions adopted by the Commission in 2008
|
|
Member State
|
Type of measure / Beneficiary
|
Type of Decision
|
Date of adoption
|
|
1
|
Denmark
|
Rescue aid to
Roskilde Bank
|
Decision not to raise objections (IP/08/1222)
|
31 July 2008
|
|
2
|
Denmark
|
Liquidation aid
Roskilde bank
|
Decision not to raise objections (IP/08/1633)
|
5 November 2008
|
|
3
|
Denmark
|
Guarantee scheme for banks in Denmark
|
Decision not to raise objections (IP/08/1483)
|
10 October 2008
|
|
4
|
France
|
Financial support measures to the banking industry in France
(Refinancing)
|
Decision not to raise objections (IP/08/1609)
|
30 October 2008
|
|
5
|
Germany
|
Restructuring aid
to Sachsen LB
|
Conditional decision (after formal investigation procedure) (IP/08/849)
|
4 June 2008
|
|
6
|
Germany
|
Restructuring aid
to IKB
|
Conditional decision (after formal investigation procedure) (IP/08/1557)
|
21 October 2008
|
|
7
|
Germany
|
Rescue aid
to Hypo Real Estate Holding
|
Decision not to raise objections (IP/08/1453)
|
2 October 2008
|
|
8
|
Germany
|
Rescue package
for the financial institutions in Germany
|
Decision not to raise objections (IP/08/1589)
|
27 October 2008
|
|
9
|
Ireland
|
Guarantee scheme
for banks in Ireland
|
Decision not to raise objections (IP/08/1497)
|
13 October 2008
|
|
10
|
Netherlands
|
Guarantee scheme
for Dutch financial institutions
|
Decision not to raise objections (IP/08/1610)
|
30 October 2008
|
|
11
|
Portugal
|
Guarantee scheme
for credit institutions in Portugal
|
Decision not to raise objections (IP/08/1601)
|
29 October 2008
|
|
12
|
Sweden
|
Support measures for the banking industry in Sweden
|
Decision not to raise objections (IP/08/1600)
|
29 October 2008
|
|
13
|
United Kingdom
|
Rescue aid
to Bradford and Bingley
|
Decision not to raise objections (IP/08/1437)
|
1st October 2008
|
|
14
|
United Kingdom
|
Financial support measures
to the banking industry in the UK
|
Decision not to raise objections (IP/08/1496)
|
13 October 2008
|
|
15
|
Spain
|
Fund for the Acquisition of Financial Assets in Spain
|
Decision not to raise objections (IP/08/1630)
|
4 November 2008
|
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 procedure
|
|
|
1
|
Germany
|
Restructuring of
West LB
|
1 October 2008
(IP/08/1435)
|
Case under assessment
|
|
2
|
United Kingdom
|
Restructuring aid package for
Northern Rock
|
2 April 2008
(IP/08/489)
|
Case under assessment
|
Cases under assessment
|
|
Country
|
Type of measure
|
Comments
|
|
1
|
Austria
|
Aid scheme for the Austrian financial sector
|
Discussion with the Member State ongoing
|
|
2
|
Belgium/France/Luxembourg
|
Measures in favour of Dexia
|
Discussion with the Member State ongoing
|
|
3
|
Belgium
|
Measures in favour of Ethias
|
Discussion with the Member State ongoing
|
|
4
|
Belgium
|
Measures in favour of KBC
|
Discussion with the Member State ongoing
|
|
5
|
Belgium/Luxembourg/
Netherlands
|
Measures in favour of Fortis
|
Notified 30 September 2008
|
|
6
|
Finland
|
Finnish guarantee scheme
|
Discussion with the Member State ongoing
|
|
7
|
Finland
|
Kaupthing Bank Finland AB
|
Notified 29 October 2008
|
|
8
|
France
|
Financial support measures to the banking industry in France
(Recapitalisation)
|
Discussion with the Member State ongoing
|
|
9
|
Greece
|
Support measures to the banking industry in Greece
|
Discussion with the Member State ongoing
|
|
10
|
Hungary
|
Hungarian scheme
|
Discussion with the Member State ongoing
|
|
11
|
Italy
|
Guarantee scheme for Italian banks
|
Notified 17 October 2008
|
|
12
|
Netherlands
|
Aegon
|
Discussion with the Member State ongoing
|
|
13
|
Netherlands
|
Measure in favour of ING
|
Notified 22 October 2008
|
|
14
|
Slovenia
|
Scheme to assure the stability of the financial system and deposit guarantee scheme
|
Notified
24 October / 15 October 2008
|
|
15
|
Spain
|
Spanish guarantee scheme
|
Discussion with the Member State ongoing
|
Note: The European Commission cannot confirm the completeness or accuracy of the information.
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