2005/691/EC: Commission Decision of 7 May 2004 on State aid C 44/03 (ex NN 158/01) which Austria is planning to implement for Bank Burgenland AG (notified under document number C(2004) 1625) (Text with EEA relevance)

The following State aid measures for Bank Burgenland AG (BB) are compatible with the common market: (a) the guarantee agreement of 20 June 2000 on the part of the Province of Burgenland amounting to EUR 171 million plus 5 % interest; (b) the framework agreement of 23 October 2000, which comprises a guarantee agreement on the part of the Province of Burgenland amounting to EUR 189 million.

This Decision is addressed to the Republic of Austria.