2014/341/EU: Commission Decision of 3 September 2013 — State aid SA.32554 (09/C) — Restructuring aid for Hypo Group Alpe Adria implemented by Austria (notified under document C(2013) 5648) Text with EEA relevance

1 The following measures constitute State aid: (a) the recapitalisation in the amount of EUR 900 million under the bank support scheme; (b) the recapitalisation in the amount of EUR 450 million under the bank support scheme; (c) the guarantees of EUR 1,35 billion under the bank support scheme; (d) the asset guarantee of EUR 100 million; (e) the asset guarantee of EUR 200 million; (f) the recapitalisation in the amount of EUR 500 million; (g) the State guarantee on subordinated Tier-2 capital instruments with a nominal value of EUR 1 billion; (h) the contingent capital for the wind-up of HGAA up to a maximum amount of EUR 5,4 billion; (i) The contingent liquidity support up to a maximum amount of EUR 3,3 billion.

2 The State aid referred to in paragraph 1 is compatible with the internal market, in the light of the commitments set out in the Annex.

Austria shall ensure that the liquidation plan submitted on 29 June 2013 and complemented by submission of 27 August 2013 is implemented in full, including the commitments set out in the Annex.

This Decision is addressed to the Republic of Austria.