2013/693/EU: Commission Decision of 3 October 2012 on the measure SA.23600 — C 38... (32013D0693)
2013/693/EU: Commission Decision of 3 October 2012 on the measure SA.23600 — C 38/08 (ex NN 53/07) — Germany — Financing arrangements for Munich Airport Terminal 2 (notified under document C(2012) 5047) Text with EEA relevance
- COMMISSION DECISION
- of 3 October 2012
- on the measure SA.23600 — C 38/08 (ex NN 53/07) — Germany
- Financing arrangements for Munich Airport Terminal 2
- (notified under document C(2012) 5047)
- (Only the German text is authentic)
- (Text with EEA relevance)
- (2013/693/EU)
- 1.
- PROCEDURE
- 2.
- DESCRIPTION OF THE FACTS AND GROUNDS FOR INITIATING THE PROCEDURE
- 2.1. BACKGROUND TO THE INVESTIGATION
- 2.2. SCOPE OF THE FORMAL INVESTIGATION PROCEDURE AND THE MEASURES UNDER INVESTIGATION
- 2.2.1.
- Loans granted to the T2 Companies
- 2.2.2.
- The land-use agreement between FMG and Immo T2
- 2.2.3.
- Compatibility of possible state aid to the T2 companies
- 3.
- COMMENTS BY GERMANY
- 3.1. SCOPE OF THE INVESTIGATION PROCEDURE AND THE NOTION OF ECONOMIC ACTIVITY OF THE T2 COMPANIES
- 3.2. AID ELEMENT IN THE LOANS GRANTED TO THE T2 COMPANIES
- 3.2.1.
- Market conformity of bank loans
- 3.3. THE TERMS OF THE LAND USE AGREEMENT SIGNED ON 30 MARCH 2000
- 4.
- COMMENTS BY THIRD PARTIES: RYANAIR
- 5.
- GERMANY’S REPLY TO THE COMMENTS BY RYANAIR
- 6.
- ASSESSMENT: EXISTENCE OF AID TO THE T2 COMPANIES
- 6.1. LOANS GRANTED TO THE T2 COMPANIES
- 6.1.1.
- Applicability of the state aid rules to the financing of airport infrastructure
- 6.1.2.
- Selective economic advantage
- 6.1.3.
- Conclusion
- 6.2. THE LAND USE AGREEMENT BETWEEN FMG AND IMMO T2
- 6.2.1.
- Concept of undertaking and economic activity
- 7.
- CONCLUSION
- Article 1
- Article 2
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