2014/296/EU: Commission Decision of 22 February 2012 on the State aid No SA.29608... (32014D0296)
2014/296/EU: Commission Decision of 22 February 2012 on the State aid No SA.29608 (C37/10) implemented by Hungary for the recapitalisation of FHB Jelzálogbank Nyrt (notified under document C(2012) 1021) Text with EEA relevance
- COMMISSION DECISION
- of 22 February 2012
- on the State aid No SA.29608 (C37/10) implemented by Hungary for the recapitalisation of FHB Jelzálogbank Nyrt
- (notified under document C(2012) 1021)
- (Only the English text is authentic)
- (Text with EEA relevance)
- (2014/296/EU)
- I.
- PROCEDURE
- II.
- DESCRIPTION OF THE BENEFICIARY
- 1.1. THE BENEFICIARY
- 1.2. THE CONTEXT
- III.
- DESCRIPTION OF THE AID MEASURES
- IV.
- THE RESTRUCTURING PLAN
- 4.1. VIABILITY
- 4.2. BURDEN-SHARING
- 4.3. MEASURES TO LIMIT DISTORTIONS OF COMPETITION
- V.
- REASONS FOR THE OPENING OF THE FORMAL PROCEDURE
- VI.
- COMMENTS FROM INTERESTED PARTIES
- VII.
- COMMENTS FROM THE MEMBER STATE
- 7.1. VIABILITY
- 7.2. BURDEN-SHARING
- 7.3. MEASURES TO LIMIT DISTORTIONS OF COMPETITION
- VIII.
- ASSESSMENT OF THE AID
- 8.1. EXISTENCE OF AID
- 8.2. LEGALITY OF AID
- 8.3. QUANTIFICATION OF AID
- 8.4. COMPATIBILITY OF THE AID
- 8.4.1.
- Legal basis
- 8.4.2.
- Compatibility of the restructuring plan
- 8.4.2.1.
- Restoration of the long-term viability of the institution
- 8.4.2.2.
- Own contribution by the bank (burden-sharing)
- 8.4.2.3.
- Limitation of restructuring costs, remuneration
- 8.4.2.4.
- Measures to correct the distortions of competition
- Article 1
- Article 2
Feedback