2013/151/EU: Commission Decision of 19 September 2012 on the State aid SA.30908 (11/C, ex N 176/10) implemented by the Czech Republic for České aerolinie, a.s. (ČSA — Czech Airlines — Restructuring plan) (notified under document C(2012) 6352) Text with EEA relevance

CELEX: 32013D0151
Document type: DEC_ENTSCHEID
Sector: Legislation
Date of document: 2012-09-19
In force since: 2013-04-03
Status: In force
ELI: http://data.europa.eu/eli/dec/2013/151(1)/oj

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Article 1

The restructuring aid notified by the Czech Republic consisting in granting CZK 2500 million to České aerolinie, a.s. (Czech Airlines) in the form of a debt-for-equity swap of a loan, constitutes State aid within the meaning of Article 107(1) of the Treaty on the Functioning of the European Union. Implementation of this State aid is compatible with the internal market on the basis of Article 107(3)(c) of the Treaty on the Functioning of the European Union.

Article 2

This Decision is addressed to the Czech Republic.

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