MEMO/09/499
Brussels, 12 th November 2009
State aid: Overview of national measures adopted as a response to the financial/economic crisis
(See table attached in annex)
This information is compiled from a range of sources and is provided for information only. The European Commission cannot confirm the completeness or accuracy of the information.
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 on the Treatment of Impaired Assets in the Community Banking Sector, 25 February 2009 (see IP/09/322 )
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 12 November 2009
Decisions adopted by the Commission in 2008/2009
| Member State | Type of measure / Beneficiary | Type of Decision | Date of adoption | |
| 1 | Austria | Aid scheme for the Austrian financial sector (guarantees, recapitalisation & other) Prolongation | Decision not to raise objections | 09 December 2008 30 June 2009 |
| 2 | Austria | Recapitalisation of Hypo Tirol | Decision not to raise objections | 17 June 2009 |
| 3 | Belgium/France/ | Guarantee on liabilities of Dexia Prolongation | Decision not to raise objections | 19 November 2008 30 October 2009 |
| 4 | Belgium/France/ | Guarantee in favour of Dexia on certain assets in FSA | Decision not to raise objections | 13 March 2009 |
| 5 | Belgium/Luxembourg/Netherlands | Measures in favour of Fortis | Decision not to raise objections | 19 November 2008 |
| 6 | Belgium/Luxembourg/Netherlands | Restructuring aid to Fortis Bank and Fortis Bank Luxembourg | Decision not to raise objections | 03 December 2008 |
| 7 | Belgium/Luxembourg | Additional aid measures in favour of Fortis Bank and Fortis Bank Luxembourg | Decision not to raise objections | 12 May 2009 |
| 8 | Belgium | Recapitalisation measure in favour of KBC | Decision not to raise objections | 18 December 2008 |
| 9 | Belgium | Capital Injection for Ethias Group | Decision not to raise objections | 12 February 2009 |
| 10 | Belgium | Recapitalisation and asset relief for KBC Group | Decision not to raise objections | 30 June 2009 |
| 11 | Cyprus | Cypriot scheme to support credit institutions (guarantee) | Decision not to raise objections | 22 October 2009 |
| 12 | Denmark | Rescue aid to Roskilde Bank | Decision not to raise objections ( IP/08/1222 ) | 31 July 2008 |
| 13 | Denmark | Liquidation aid Roskilde bank | Decision not to raise objections IP/08/1633 | 5 November 2008 |
| 14 | Denmark | Guarantee scheme for banks in Denmark | Decision not to raise objections IP/08/1483 | 10 October 2008 |
| 15 | Denmark | Recapitalisation scheme and amendment of the guarantee scheme Prolongation | Decision not to raise objectives | 3 February 2009 17 August 2009 |
| 16 | Denmark | Rescue aid for Fionia Bank | Decision not to raise objections | 20 May 2009 |
| 17 | Finland | Finnish guarantee scheme Prolongation and modification | Decision not to raise objections Decision not to raise objections | 14 November 2008 30 April 2009 |
| 18 | Finland | Guarantee for Kaupthing Bank Finland | Decision not to raise objections | 21 January 2009 |
| 19 | Finland | Capital injection scheme | Decision not to raise objections | 11 September 2009 |
| 20 | France | Financial support measures to the banking industry in France (Refinancing) Extension of the scheme | Decision not to raise objections IP/08/1609 Decision not to raise objections | 30 October 2008 12 May 2009 |
| 21 | France | Financial support measures to the banking industry in France (Recapitalisation) Amendment to the Decision Amendment to the Decision | Decision not to raise objections | 08 December 2008 28 January 2009 23 March 2009 |
| 22 | France | Capital injection for Caisse d'Epargne and Banque Populaire | Decision not to raise objections | 8 May 2009 |
| 23 | Germany | Restructuring aid to Sachsen LB | Conditional decision (after formal investigation procedure | 4 June 2008 |
| 24 | Germany | Restructuring aid to IKB | Conditional decision (after formal investigation procedure) IP/08/1557 | 21 October 2008 |
| 25 | Germany | Rescue aid | Decision not to raise objections IP/08/1453 | 2 October 2008 |
| 26 | Germany | Aid scheme Prolongation | Decision not to raise objections IP/08/1589 | 27 October 2008 22 June 2009 |
| 27 | Germany | Guarantee and recapitalisation for Bayern LB | Decision not to raise objections | 18 December 2008 |
| 28 | Germany | Guarantee for NordLB Prolongation | Decision not to raise objections | 22 December 2008 10 September 2009 |
| 29 | Germany | Guarantee for IKB | Decision not to raise objections | 22 December 2008 |
| 30 | Germany | Guarantee for SdB – Sicherungseinrichtungsgesellschaft deutscher Banken mbH | Decision not to raise objections | 22 January 2009 |
| 31 | Germany | Commerzbank capital injection | Decision not to raise objections | 7 May 2009 |
| 32 | Germany | Aid for the restructuring of WestLB | Conditional decision (after formal investigation procedure) | 12 May 2009 |
| 33 | Germany | Temporary additional aid to WestLB | Decision not to raise objections | 7 October 2009 |
| 34 | Germany | Recapitalisation of HSH Nordbank | Decision not to raise objections | 29 May 2009 |
| 35 | Germany | Recapitalisation and asset relief for LBBW (Landesbank Baden Württemberg) | Decision not to raise objections | 30 June 2009 |
| 36 | Germany | German asset relief scheme | Decision not to raise objections | 31 July 2009 |
| 37 | Germany | Additional aid (guarantees) for IKB | Decision not to raise objections | 17 August 2009 |
| 38 | Germany | Export credit scheme | Decision not to raise objections | 15 September 2009 |
| 39 | Greece | Aid scheme to the banking industry in Greece (guarantees, recapitalisation & other) Prolongation and modification | Decision not to raise objections | 19 November 2008 18 September 2009 |
| 40 | Hungary | Financial support measures to Hungarian financial industry in form of recapitalisation and guarantee scheme Prolongation and modification | Decision not to raise objections Decision not to raise objections | 12 February 2009 3 September 2009 |
| 41 | Hungary | Hungarian Mortgage Support Scheme | Decision not to raise objections | 13 July 2009 |
| 42 | Ireland | Guarantee scheme | Decision not to raise objections IP/08/1497 | 13 October 2008 |
| 43 | Ireland | Recapitalisation of Anglo Irish Bank | Decision not to raise objections | 14 January 2009 |
| 44 | Ireland | Recapitalisation of Anglo Irish Bank | Decision not to raise objections | 26 June 2009 |
| 45 | Ireland | Change of ownership of Anglo Irish Bank | Decision not to raise objections | 17 February 2009 |
| 46 | Ireland | Recapitalisation of Bank of Ireland | Decision not to raise objections | 26 March 2009 |
| 47 | Ireland | Recapitalisation of Allied Irish Bank | Decision not to raise objections | 12 May 2009 |
| 48 | Italy | Guarantee scheme for Italian banks Prolongation | Decision not to raise objections IP/08/1706 | 14 November 2008 16 June 2009 |
| 49 | Italy | Recapitalisation scheme Prolongation | Decision not to raise objections | 23 December 2008 6 October 2009 |
| 50 | Latvia | Public support measures to Parex Banka Amendment to the Decision | Decision not to raise objections | 24 November 2008 11 May 2009 |
| 51 | Latvia | Guarantee scheme for banks Prolongation | Decision not to raise objections | 22 December 2008 30 June 2009 |
| 52 | Luxembourg | Restructuring aid for Kaupthing Bank Luxembourg | Decision not to raise objections | 9 July 2009 |
| 53 | Netherlands | Guarantee scheme for Dutch financial institutions Prolongation | Decision not to raise objections IP/08/1610 | 30 October 2008 7 July 2009 |
| 54 | Netherlands | Measure in favour of ING | Decision not to raise objections IP/08/1699 | 13 November 2008 |
| 55 | Netherlands | Measure in favour of Aegon | Decision not to raise objections | 27 November 2008 |
| 56 | Netherlands | SNS Reaal/New capital injection by Dutch authorities | Decision not to raise objections | 10 December 2008 |
| 57 | Netherlands | ING Illiquid asset facility | Decision not to raise objections | 31 March 2009 |
| 58 | Poland | Polish support scheme for financial institutions (guarantee and liquidity support) | Decision not to raise objections | 25 September 2009 |
| 59 | Portugal | Guarantee scheme | Decision not to raise objections IP/08/1601 | 29 October 2008 |
| 60 | Portugal | State guarantee for Banco Privado Português | Decision not to raise objections | 13 March 2009 |
| 61 | Portugal | Bank recapitalisation scheme | Decision not to raise objections | 20 May 2009 |
| 62 | Slovenia | Guarantee scheme Prolongation | Decision not to raise objections | 12 December 2008 22 June 2006 |
| 63 | Slovenia | Liquidity scheme for financial sector Prolongation | Decision not to raise objections | 20 March 2009 19 October 2009 |
| 64 | Spain | Fund for the Acquisition of Financial Assets in Spain Prolongation | Decision not to raise objections IP/08/1630 Decision not to raise objections | 4 November 2008 7 August 2009 |
| 65 | Spain | Spanish guarantee scheme for credit institutions Prolongation | Decision not to raise objections Decision not to raise objections | 22 December 2008 25 June 2009 |
| 66 | Sweden | Support measures for the banking industry in Sweden Amendment to the decision Amendment and prolongation Prolongation | Decision not to raise objections IP/08/1600 | 29 October 2008 28 January 2009 28 April 2009 26 October 2009 |
| 67 | Sweden | Emergency rescue measures regarding Carnegie Investment Bank | Decision not to raise objections | 15 December 2008 |
| 68 | Sweden | Recapitalisation scheme Prolongation | Decision not to raise objections Decision not to raise objections | 11 February 2009 5 August 2009 |
| 69 | United Kingdom | Rescue aid | Decision not to raise objections IP/08/1437 | 1 st October 2008 |
| 70 | United Kingdom | Aid scheme Prolongation Prolongation | Decision not to raise objections IP/08/1496 Decision not to raise objections | 13 October 2008 15 April 2009 13 October 2009 |
| 71 | United Kingdom | Working capital guarantee scheme | Decision not to raise objections | 24 March 2009 |
| 72 | United Kingdom | UK Asset-Backed Securities guarantee scheme Prolongation | Decision not to raise objections | 21 April 2009 27 October 2009 |
| 73 | United Kingdom | Restructuring package for Northern Rock | Final conditional decision after formal investigation procedure | 28 October 2009 |
Remark : As a general rule, each of these schemes is reviewable after six months. This means that the first wave of reviews will start as from April 2009. Also some of the individual decisions are subject to a review and possible restructuring plan.
Cases currently under formal investigation procedure
(in-depth investigation under the EC Treaty’s rules on state aid)
| Country | Type of measure / Beneficiary | Date of decision regarding the opening of formal investigation | ||
| 1 | Belgium/France/ Luxembourg | Restructuring of Dexia | 13 March 2009 ( IP/09/399 ) | Case under assessment |
| 2 | Belgium | Asset relief measure in favour of KBC Group | 30 June 2009 | Case under assessment |
| 3 | Germany | Aid package for | 7 May 2009 | Case under assessment |
| 4 | Germany, Austria | Aid package for Bayern LB and its Austrian subsidiary Hypo Group Alpe Adria | 12 May 2009 IP/09/742 | Case under assessment |
| 5 | Germany | Asset relief measure in favour of Landesbank Baden-Württemberg (LBBW) | 30 June 2009 | Case under assessment |
| 6 | Germany | Aid package for HSH Nordbank AG | 22 October 2009 | Case under assessment |
| 7 | Germany | Support measures for German savings bank Sparkasse KölnBonn | 5 November 2009 | Case under assessment |
| 8 | Latvia | Aid package for JSC Parex Banka | 29 July 2009 | Case under assessment |
| 9 | Netherlands | ING Illiquid asset facility Extension of the ongoing in-depth investigation | 31 March 2009 15 September 2009 | Case under assessment |
| 10 | Netherlands | State measures in favour of Fortis Bank Nederland (FBN) and the activities of ABN Amro | 8 April 2009 | Case under assessment |
| 11 | Portugal | State guarantee for Banco Privado Português | 10 November 2009 | Case under assessment |
Real economy cases falling under the Temporary Framework - situation as of 12 November 2009
Decisions adopted by the Commission in 2008/2009
| Member State | Type of measure / Beneficiary | Type of decision | Date of adoption | |
| 1 | Austria | N 47/a/2009- Temporary scheme (aid up to € 500 000) N 317/2009 - Amendment | Decision not to raise objections | 20 March 2009 18 June 2009 |
| 2 | Austria | N 47/d/2009- Temporary scheme (risk capital) | Decision not to raise objections I P/09/484 | 25 March 2009 |
| 3 | Belgium | N 117/2009- Temporary scheme (subsidised guarantees) | Decision not to raise objections | 20 March 2009 |
| 4 | Belgium | N 532/2009 – Temporary scheme (export-credit-insurance) | Decision not to raise objections | 6 November 2009 |
| 5 | Czech Republic | N 237/2009 - Temporary scheme (subsidised interest rates) | Decision not to raise objections | 6 May 2009 |
| 6 | Czech Republic | N 236/2009 - Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 7 May 2009 |
| 7 | Denmark | N 198/2009 - Temporary scheme (export-credit insurance) N 554/2009 (amendment) | Decision not to raise objections | 6 May 2009 29 October 2009 |
| 8 | Estonia | N 387/2009 - Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 13 July 2009 |
| 9 | Finland | N 224/2009 - Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 3 June 2009 |
| 10 | Finland | N 82b/2009 - Temporary scheme (guarantees) | Decision not to raise objections | 9 June 2009 |
| 11 | Finland | N 258/2009 – Temporary scheme (export-credit insurance) | Decision not to raise objections | 22 June 2009 |
| 12 | France | N 7/2009 – Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 19 January 2009 |
| 13 | France | N 15/2009 - Temporary scheme (reduced interest rates) | Decision not to raise objections | 4 February 2009 |
| 14 | France | N 11/2009 - Temporary scheme (reduced interest rates – to producers of green products) | Decision not to raise objections | 3 February 2009 |
| 15 | France | N 23/2009 - Temporary scheme (subsidised guarantees) | Decision not to raise objections | 27 February 2009 |
| 16 | France | N 119/2009 - modification of French risk capital scheme | Decision not to raise objections | 16 March 2009 |
| 17 | France | N 36/2009 - Temporary scheme (risk capital) | Decision not to raise objections | 30 June 2009 |
| 18 | France | N 449/2009 – Temporary scheme (export-credit insurance) | Decision not to raise objections | 5 October 2009 |
| 19 | Germany | N 661/2008 – KfW run special program 2009 (interest subsidies) | Decision not to raise objections ( IP/08/2063 ) | 30 December 2008 |
| 20 | Germany | N 668/2008 – Temporary scheme (limited amount of compatible aid) N 299/2009 - Amendment N 411/2009 - Amendment | Decision not to raise objections | 30 December 2008 4 June 2009 17 July 2009 |
| 21 | Germany | N 39/2009 – Temporary adaptation of risk-capital schemes | Decision not to raise objections | 3 February 2009 |
| 22 | Germany | N 27/2009 - Temporary scheme (guarantees) | Decision not to raise objections | 27 February 2009 |
| 23 | Germany | N 38/2009 - Temporary scheme (reduced interest rates) | Decision not to raise objections | 19 February 2009 |
| 24 | Germany | N 426/2009 – Temporary Scheme (green products) | Decision not to raise objections | 4 August 2009 |
| 25 | Germany | N 384/2009 – Temporary Scheme (export credit insurance) | Decision not to raise objections | 5 August 2009 |
| 26 | Greece | N308/2009 - Temporary scheme (guarantees) | Decision not to raise objections | 3 June 2009 |
| 27 | Greece | N309/2009 - Temporary scheme (subsidised interest rates) | Decision not to raise objections | 3 June 2009 |
| 28 | Greece | N 304/2009 - Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 15 July 2009 |
| 29 | Hungary | N 114/2009- Temporary scheme (guarantees) | Decision not to raise objections | 10 March 2009 |
| 30 | Hungary | N 77/2009 - Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 24 February 2009 |
| 31 | Hungary | N 78/2009 – Temporary scheme (subsidised interest rates) | Decision not to raise objections | 24 February 2009 |
| 32 | Hungary | N 203/2009 - Temporary scheme (guarantees) | Decision not to raise objections | 24 April 2009 |
| 33 | Ireland | N 186/2009 – Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 15 April 2009 |
| 34 | Italy | N 279/2009 - Temporary scheme (risk capital) | Decision not to raise objections | 20 May 2009 |
| 35 | Italy | N 266/2009 - Temporary scheme (guarantees) | Decision not to raise objections | 28 May 2009 |
| 36 | Italy | N 248/2009 – Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 28 May 2009 |
| 37 | Italy | N 268/2009 – Temporary scheme (subsidised interest rates) | Decision not to raise objections | 29 May 2009 |
| 38 | Italy | N 542/2009 – Temporary scheme (aid for green cars) | Decision not to raise objections | 26 October 2009 |
| 39 | Latvia | N 124/2009 – Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 19 March 2009 |
| 40 | Latvia | N 139/2009 - Temporary scheme (guarantees) | Decision not to raise objections | 22 April 2009 |
| 41 | Lithuania | N 272/2009 – Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 8 June 2006 |
| 42 | Luxembourg | N 99/2009 – Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 26 February 2009 |
| 43 | Luxembourg | N 128/2009 – Temporary scheme (guarantees) | Decision not to raise objections | 11 March 2009 |
| 44 | Luxembourg | N 50/2009 – Temporary scheme (export-credit insurance) | Decision not to raise objections | 20 April 2009 |
| 45 | Malta | N 118/2009 - Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 18 May 2009 |
| 46 | Netherlands | N 156/2009 – Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 1 April 2009 |
| 47 | Netherlands | N 409/2009 – Temporary scheme (export-credit insurance) | Decision not to raise objections | 2 October 2009 |
| 48 | Poland | N 408/2009 - Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 17 August 2009 |
| 49 | Portugal | N 13/2009 – Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 19 January 2009 |
| 50 | Romania | N 286/2009 – Temporary scheme (guarantees) | Decision not to raise objections | 5 June 2009 |
| 51 | Slovak Republic | N 222/2009 – Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 30 April 2009 |
| 52 | Slovenia | NN 34/2009 - Temporary scheme (guarantees) | Decision not to raise objections | 12 June 2009 |
| 53 | Slovenia | N 228/2009 - Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 12 June 2009 |
| 54 | Spain | N 140/2009 – Temporary scheme (aid for green cars) | Decision not to raise objections | 29 March 2009 |
| 55 | Spain | N 307/2009 – Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 8 June 2009 |
| 56 | Sweden | N 80/2009 - State guarantees in favour of Volvo cars | Decision not to raise objections | 5 June 2009 |
| 57 | United Kingdom | N 43/2009 – Temporary scheme (aid up to € 500 000) | Decision not to raise objections | 4 February 2009 |
| 58 | United Kingdom | N 71/2009 – Temporary scheme (guarantees) | Decision not to raise objections | 27 February 2009 |
| 59 | United Kingdom | N 72/2009 – Temporary scheme (to businesses producing green products) | Decision not to raise objections | 27 February 2009 |
| 60 | United Kingdom | N 257/2009 – Temporary scheme (subsidised interest rates) | Decision not to raise objections | 15 May 2009 |