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2012/178/EU: Commission Decision of 23 March 2011 on State aid C 10/10 (ex N 562/09) which Spain intends to grant for the restructuring of A NOVO Comlink (notified under document C(2011) 1740) Text with EEA relevance

CELEX
32012D0178
Document type
DEC_ENTSCHEID
Sector
Legislation
Date of document
2011-03-23
In force since
2012-03-28
Status
In force

Text

Article-level text, parsed from the formex manifestation.

Article 1

The State aid in the form of a guarantee granted by Spain to rescue A NOVO Comlink SL is compatible with the internal market within the meaning of Article 107(3)(c) of the Treaty on the Functioning of the European Union.

Article 2

After Spain’s withdrawal of the restructuring measure, these proceedings have ceased to serve any purpose as far as this restructuring aid is concerned. The Commission has therefore decided to terminate the procedure pursuant to Article 108(2) TFEU with regard to the restructuring aid.

Article 3

This Decision is addressed to the Kingdom of Spain.

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