{
  "url": "https://openlegislation.uk/eu-decision-2013-245/article-1",
  "json_url": "https://openlegislation.uk/eu-decision-2013-245/article-1.json",
  "legislation": "eudn/2013/245",
  "legislation_title": "Commission Decision of 20 December 2011 on the State aid C 40/2009 and C 43/2008 for the restructuring of WestLB AG (notified under document C(2011) 9395) (Only the German text is authentic) (Text with EEA relevance) (2013/245/EU)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2013-245",
  "path": "article/1",
  "kind": "article",
  "number": "1",
  "heading": null,
  "text": "1. The measures which Germany implemented and is planning to implement for WestLB consisting of:\n(a)) the 2009 EUR 5 billion risk shield for the Phoenix portfolio;\n(b)) the 2010 EUR 3 billion capital injection in the context of the first asset transfer;\n(c)) the 2010 first asset transfer to Erste Abwicklungsanstalt with an aid amount of EUR 10,812 billion;\n(d)) the 2012 second transfer to Erste Abwicklungsanstalt with an aid amount of EUR [1,3-2,6] billion;\n(e)) the 2012 additional capital instrument for SPM bank of EUR 1 billion;\n(f)) the 2012 additional loss coverage of EUR [0,5-2,0] billion by Land NRW for SPM bank; and\n(g)) the provision of liquidity support by the WestLB AG shareholders in the first half of 2012 […] constitute state aid.\n2. The aid referred to in paragraph 1 is compatible with the internal market in the light of the commitments set out in the Annex.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2013/245/article/1",
    "retrieved_at": "2026-11-01T15:15:05.690670+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}