Commission Decision (EU) 2020/1183 of 25 February 2020 on State aid SA.34445 (2012/C) implemented by Denmark for the transfer of property-related assets from FIH to the FSC (Only the English text is authentic) (Text with EEA relevance)

CELEX: 32020D1183
Document type: DEC
Sector: Legislation
Date of document: 2020-02-25
In force since: 2020-08-11
Status: In force
ELI: http://data.europa.eu/eli/dec/2020/1183/oj

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Article 1

The asset transfer from the FIH Group to the Danish Financial Stability Company, together with the side agreements, constitute State aid within the meaning of Article 107(1) of the Treaty on the Functioning of the European Union. This State aid is compatible with the internal market within the meaning of Article 107(3)(b) of the Treaty, in the light of the restructuring plan and the commitments set out in the Annex.

Article 2

This Decision is addressed to the Kingdom of Denmark.

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