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Brussels, 13 December 2013
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, extended on 1 December 2011, were adapted as from 1 August 2013. 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 13 December 2013
Communications from the Commission
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)
Communication from the Commission – on the application, from 1 August 2013, of State aid rules to support measures in favour of banks in the context of the financial crisis (see IP/13/672, MEMO/13/886)
State aid cases - situation as of 13 December 2013
Decisions adopted by the Commission during the period 2008 to 20131
dcision not to raise objectionsn2828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828282828Belgium/Luxembourg/Netherlands
Cases currently under formal investigation procedure
As a general rule, aid schemes are reviewable six months after approval. Some individual decisions are subject to a review and possible restructuring plan.