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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)

CELEX
32016D0153
Document type
DEC
Sector
Legislation
Date of document
2015-07-02
In force since
2016-02-10
Status
In force

Text

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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