Commission Decision (EU) 2016/153 of 2 July 2015 on the State aid SA.31883 — 2015/N, 2011/C which Austria implemented and is further planning to implement for ÖVAG and the Volksbanken Verbund and to amend Decision 2013/298/EU (notified under document C(2015) 4635) (Text with EEA relevance)
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Article-level text, parsed from the formex manifestation.
Article 1
1 The measures contained in the restructuring plan of 23 June 2015 and the corresponding set of commitments do not constitute new State aid.
2 The measures contained in the restructuring plan of 23 June 2015 and the corresponding set of commitments are such that the measures referred to in Article 1(1) of Decision 2013/298/EU remain compatible with the internal market.
Article 2
1 Article 2 of Decision 2013/298/EU is replaced with the following: Austria shall ensure that the restructuring plan submitted on 23 June 2015 is implemented in full, including the commitments set out in the Annex to this Decision.’
Article 3
This Decision is addressed to the Republic of Austria.
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