Commission Decision of 18 November 2009 on the State aid C 18/09 (ex N 360/09) implemented by Belgium for KBC (notified under document C(2009) 8980) Text with EEA relevance

CELEX: 32010D0396
Document type: DEC
Sector: Legislation
Date of document: 2009-11-18
In force since: 2010-07-21
Status: In force
ELI: http://data.europa.eu/eli/dec/2010/396/oj

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Article 1

The State Protection measure which Kingdom of Belgium has implemented in favour of KBC constitutes State aid within the meaning of Article 87(1) of the Treaty, which is compatible with the common market subject to the commitments listed in Annex I.

Article 2

The Kingdom of Belgium shall inform the Commission, within two months of notification of this Decision, of the measures taken to comply with it. Furthermore, the Kingdom of Belgium shall submit detailed regular six-monthly reports, starting from six months after the date of this Decision.

Article 3

This Decision is addressed to the Kingdom of Belgium.

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