2014/539/EU: Commission Decision of 27 March 2014 on the State aid SA.34572 (13/C... (32014D0539)
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2014/539/EU: Commission Decision of 27 March 2014 on the State aid SA.34572 (13/C) (ex 13/NN) implemented by Greece for Larco General Mining & Metallurgical Company S.A. (notified under document C(2014) 1818) Text with EEA relevance
- COMMISSION DECISION
- of 27 March 2014
- on the State aid SA.34572 (13/C) (ex 13/NN) implemented by Greece for Larco General Mining & Metallurgical Company S.A.
- (notified under document C(2014) 1818)
- (Only the English text is authentic)
- (Text with EEA relevance)
- (2014/539/EU)
- 1.
- PROCEDURE
- 2.
- DESCRIPTION OF THE AID MEASURES
- 2.1.
- The beneficiary
- 2.2.
- Description of the measures
- 2.2.1.
- Measure 1: non-collection of debt to the Ministry of Finance
- 2.2.2.
- Measure 2: the 2008 State guarantee
- 2.2.3.
- Measure 3: the 2009 capital increase
- 2.2.4.
- Measure 4: the 2010 State guarantee
- 2.2.5.
- Measure 5: letters of guarantee instead of pre-payment of a tax fine in 2010
- 2.2.6.
- Measure 6: the 2011 State guarantees
- 2.3.
- Grounds for initiating the formal investigation procedure
- 3.
- COMMENTS FROM GREECE
- 3.1.
- Firm in difficulty
- 3.2.
- Measure 1: non-collection of debt to the Ministry of Finance
- 3.3.
- Measure 2: the 2008 State guarantee
- 3.4.
- Measure 3: the 2009 capital increase
- 3.5.
- Measure 4: the 2010 State guarantee
- 3.6.
- Measure 5: letters of guarantee instead of pre-payment of a tax fine in 2010
- 3.7.
- Measure 6: the 2011 State guarantees
- 4.
- ASSESSMENT
- 4.1.
- Difficulties of Larco
- 4.2.
- Existence of State aid
- 4.2.1.
- Measure 1: non-collection of debt to the Ministry of Finance
- 4.2.2.
- Measure 2: the 2008 State guarantee
- 4.2.3.
- Measure 3: the 2009 capital increase
- 4.2.4.
- Measure 4: the 2010 State guarantee
- 4.2.5.
- Measure 5: letters of guarantee instead of pre-payment of an additional tax in 2010
- 4.2.6.
- Measure 6: the 2011 State guarantees
- 4.2.7.
- Conclusion on existence of State aid
- 4.3.
- Unlawful aid
- 4.4.
- Compatibility of the aid
- 4.4.1.
- Compatibility of measures 2, 4 and 6
- 4.4.2.
- Compatibility of measure 3
- 4.5.
- Recovery
- 5.
- CONCLUSION
- Article 1
- Article 2
- Article 3
- Article 4
- Article 5
- Article 6
- ANNEX
- INFORMATION ABOUT THE AMOUNTS OF AID RECEIVED, TO BE RECOVERED AND ALREADY RECOVERED
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