2014/525/EU: Commission Decision of 20 March 2013 on the measures SA.23425 (11/C)... (32014D0525)
2014/525/EU: Commission Decision of 20 March 2013 on the measures SA.23425 (11/C) (ex NN 41/10) implemented by Italy in 2004 and 2009 for SACE BT S.p.A. (notified under document C(2013) 1501) Text with EEA relevance
- COMMISSION DECISION
- of 20 March 2013
- on the measures SA.23425 (11/C) (ex NN 41/10) implemented by Italy in 2004 and 2009 for SACE BT S.p.A.
- (notified under document C(2013) 1501)
- (Only the Italian text is authentic)
- (Text with EEA relevance)
- (2014/525/EU)
- I.
- PROCEDURE
- II.
- DESCRIPTION OF THE MEASURES
- II. 1. SACE AND ITS INVOLVEMENT IN THE MARKETABLE RISKS(5)
- II. 2. THE BENEFICIARY, SACE BT
- II. 3. THE COMPLAINT
- II. 4. DESCRIPTION OF THE MEASURES COVERED BY THE PRESENT DECISION
- II. 5. GROUNDS FOR INITIATING THE PROCEDURE
- III.
- COMMENTS FROM INTERESTED PARTIES
- IV.
- COMMENTS ON THE OPENING DECISION AND ADDITIONAL SUBMISSIONS OF ITALY AND SACE
- IV. 1. IMPUTABILITY
- IV. 2. ADVANTAGE CRITERION: THE FIRST MEASURE
- IV. 3. ADVANTAGE CRITERION: THE SECOND MEASURE
- IV. 4. ADVANTAGE CRITERION: THIRD AND FOURTH MEASURES
- IV. 5. COMPATIBILITY OF AID
- V.
- ASSESSMENT OF THE MEASURES
- V. 1. EXISTENCE OF AID WITHIN THE MEANING OF ARTICLE 107(1) OF THE TREATY
- V.1.1.
- Presence of an advantage
- V.1.1.1.
- General principles for the assessment of the presence of an advantage
- V.1.1.2.
- Presence of an advantage in the first measure
- V.1.1.3.
- Presence of an advantage in the second measure
- V.1.1.4.
- Presence of an advantage in the third and fourth measures
- V.1.2.
- Imputability and State resources
- V.1.3.
- Selectivity
- V.1.4.
- Distortion of competition
- V.1.5.
- Effect on trade
- V.1.6.
- Application of the Commission Regulation (EC) No 1998/2006 of 15 December 2006 on the application of Articles 87 and 88 of the EC Treaty to de minimis aid (‘de minimis aid Regulation’)
- (153)
- V.1.7.
- Conclusion on the existence of State aid
- V. 2. QUALIFICATION AS NEW AID OR EXISTING AID
- V. 3. COMPATIBILITY OF THE POTENTIAL AID WITH THE INTERNAL MARKET
- V.3.1.
- Legal basis for the assessment of compatibility
- V.3.2.
- Compatibility under the Community Guidelines on State aid for rescuing and restructuring undertakings in difficulty (‘the Rescue and Restructuring Guidelines’)
- (158)
- V.3.3.
- Compatibility under the Export-credit Communication and the Temporary Framework
- V.3.4.
- Compatibility under the Recapitalisation Communication and the Restructuring Communication
- V.3.5.
- Conclusion on compatibility
- VI.
- CONCLUSION
- Article 1
- Article 2
- Article 3
- Article 4
- Article 5
- Article 6
- Article 7
- ANNEX
- INFORMATION ABOUT THE AMOUNTS OF AID RECEIVED, TO BE RECOVERED AND ALREADY RECOVERED
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