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Authorisation for State aid pursuant to Articles 107 and 108 of the TFEU Cases where the Commission raises no objections (Text with EEA relevance) 2012/C 286/02

Version 2012-09-22
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Contents
  1. Preamble

Date of adoption of the decision 30.7.2012 Reference number of State Aid SA.35144 (12/N) Member State Hungary Region — — Title (and/or name of the beneficiary) Prolongation of Hungarian Liquidity scheme for banks Legal basis Article 44 (Chapter VII) of Act CXCIV of 2011 on the Stability of Hungarian Economy Type of measure Scheme — Objective Remedy for a serious disturbance in the economy Form of aid Soft loan Budget Overall budget: HUF 11008000 million Intensity — Duration (period) 30.7.2012-31.12.2012 Economic sectors Financial service activities, except insurance and pension funding Name and address of the granting authority Ministry for National Economy Budapest József nádor tér 2–4. 1051 MAGYARORSZÁG/HUNGARY Other information — The authentic text(s) of the decision, from which all confidential information has been removed, can be found at: http://ec.europa.eu/competition/elojade/isef/index.cfm Date of adoption of the decision 30.7.2012 Reference number of State Aid SA.35145 (12/N) Member State Hungary Region — — Title (and/or name of the beneficiary) Prolongation of the Hungarian bank support scheme Legal basis Act CIV of 2008 on the Reinforcement of the Stability of the Financial Intermediary System Type of measure Scheme — Objective Remedy for a serious disturbance in the economy Form of aid Other Budget Overall budget: HUF 300000 million Intensity — Duration (period) 30.7.2012-31.12.2012 Economic sectors Financial service activities, except insurance and pension funding Name and address of the granting authority Ministry for National Economy Budapest József nádor tér 2–4. 1051 MAGYARORSZÁG/HUNGARY Other information — The authentic text(s) of the decision, from which all confidential information has been removed, can be found at: http://ec.europa.eu/competition/elojade/isef/index.cfm

Versions

  1. 2012-09-22