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2011/526/EU: Commission Decision of 29 September 2010 on State aid C 32/09 (ex NN 50/09) implemented by Germany for the restructuring of Sparkasse KölnBonn (notified under document C(2010) 6470) Text with EEA relevance

CELEX
32011D0526
Document type
DEC_ENTSCHEID
Sector
Legislation
Date of document
2010-09-29
In force since
2011-09-10
Status
In force

Text

Article-level text, parsed from the formex manifestation.

Article 1

The restructuring aid provided to Sparkasse KölnBonn by its public shareholders constitutes State aid within the meaning of Article 107(1) of the Treaty on the Functioning of the European Union. The aid is compatible with the internal market, subject to implementation of the restructuring plan and fulfilment of the commitments set out in Annexes I, II and III.

Article 2

This Decision is addressed to the Federal Republic of Germany.

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