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Brussels, 20 December 2012
State aid: Overview of decisions and on-going in-depth investigations in the context of the financial crisis
In 2008/2009, the Commission adopted a temporary state aid framework to enable Member States to deal with financial problems in systemic banks, as well as support access to finance for real economy firms. The crisis rules for banks, which were tightened in July and December 2010, were extended on 1 December 2011. The Temporary Framework for state aid measures to support access to finance in the current financial and economic crisis expired in December 2011.
Situation as of 20 December 2012
Communications from the Commission to provide guidance to Member States
Communication from the Commission — The application of State aid rules to measures taken in relation to financial institutions in the context of the current global financial crisis, 13 October 2008 (see IP/08/1495)
Communication from the Commission — The recapitalisation of financial institutions in the current financial crisis: limitation of aid to the minimum necessary and safeguards against undue distortions of competition, 5 December 2008 (see IP/08/1901)
Communication from the Commission - Temporary framework for State aid measures to support access to finance in the current financial and economic crisis, adopted on 17 December 2008 (see IP/08/1993), as amended on 25 February 2009.
Communication from the Commission - The return to viability and the assessment of restructuring measures in the financial sector in the current crisis under the State aid rules, 23 July 2009 (see IP/09/1180)
State aid cases - situation as of 20 December 2012
Decisions adopted by the Commission during the period 2008 to 20121
dcision not to raise objections
Cases currently under formal investigation procedure
(in-depth investigation under the rules of the Treaty on the Functioning of the European Union on state aid)
As a general rule, aid schemes are reviewable six months after approval. Some individual decisions are subject to a review and possible restructuring plan.