2011/414/EU: Commission Decision of 14 December 2010 on the State aid C 8/10 (ex ... (32011D0414)
2011/414/EU: Commission Decision of 14 December 2010 on the State aid C 8/10 (ex N 21/09 and NN 15/10) implemented by Greece in favour of Varvaressos S.A. (notified under document C(2010) 8923) Text with EEA relevance
- COMMISSION DECISION
- of 14 December 2010
- on the State aid C 8/10 (ex N 21/09 and NN 15/10) implemented by Greece in favour of Varvaressos S.A.
- (notified under document C(2010) 8923)
- (Only the Greek text is authentic)
- (Text with EEA relevance)
- (2011/414/EU)
- 1.
- PROCEDURE
- 2.
- DESCRIPTION
- 2.1.
- The beneficiary
- 2.2.
- The measures
- 2.2.1.
- The recovery plan of 2006
- 2.2.2.
- Measure 1: The non-notified State guarantee of 2007
- 2.2.3.
- Measure 2: The notified State guarantee of 2008
- 2.2.4.
- Measure 3: The notified direct grant of 2009
- 3.
- GROUNDS FOR INITIATING THE PROCEDURE
- 4.
- COMMENTS OF GREECE
- 4.1.
- The 2007 guarantee as State aid
- 4.2.
- The beneficiary as a ‘firm in difficulty’ in 2007
- 4.3.
- The ‘one time, last time’ principle
- 4.4.
- Restructuring costs and own contribution
- 4.5.
- Avoidance of undue distortions of competition
- 5.
- COMMENTS FROM THIRD PARTIES
- 6.
- ASSESSMENT: EXISTENCE OF AID
- 6.1.
- Measures 1 and 2: The State guarantees of 2007 and 2008
- 6.2.
- Measure 3: The notified direct grant of 2009
- 6.3.
- Unlawful aid
- 7.
- ASSESSMENT: COMPATIBILITY WITH THE TFEU
- 7.1.
- Quantification of the aid
- 7.2.
- Legal basis for the assessment: the Rescue and Restructuring Guidelines
- 7.3.
- Eligibility of the firm
- 7.4.
- The ‘one time, last time’ principle
- 7.5.
- Restoration of long-term viability
- 7.6.
- Avoidance of undue distortions of competition
- 7.7.
- Aid limited to the minimum: real contribution, free of aid
- 8.
- REVOCATION OF COMMISSION RESCUE AID DECISION OF JULY 2008
- 9.
- CONCLUSION
- Article 1
- Article 2
- Article 3
- Article 4
- Article 5
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