OpenLegislation

Article 1

United Kingdom

Original text. Later amendments are not shown.

1.

The comfort letters dated 8 January 2007 and 26 June 2008 do not constitute State aid within the meaning of Article 107(1) TFEU.

2.

The State aid contained in the shipbuilding subsidies corresponding to contracts C224 and C225 (amounting to EUR 5 350 550) is compatible with the internal market.

3.

The State aid referred to in the table below, unlawfully put into effect by Portugal in breach of Article 108(3) of the Treaty on the Functioning of the European Union, is incompatible with the internal market.

DateMeasureAmount
11 May 20062006 capital increase24 875 000
2012/20132012 and 2013 loans101 118 066,03
  1. (i)

    31 January 2006

  2. (ii)

    11 December 2008

  3. (iii)

    28 April 2010

  4. (iv)

    27 April 2011

DGTF loans
  1. (i)

    30 000 000

  2. (ii)

    8 000 000

  3. (iii)

    5 000 000

  4. (iv)

    13 000 000

29 November 2011Comfort letters for a loan granted by BCP990 000
3 November 2011Comfort letter for a loan granted by BCP400 000
30 September 2010Comfort letter for a loan granted by BCP12 500 000
31 August 2010Comfort letters for two standby letters of credit issued by CGD12 890 000
24 June 2010Comfort letter for a loan granted by BCP5 000 000
25 November 2009Comfort letter for revolving loan by CGD15 000 000
7 September 2009Comfort letter for revolving loan by BES4 500 000
—Shipbuilding subsidies (contracts C212, C213, C214 and C223)10 482 374,01
—Shipbuilding subsidies (contracts C206, C211, C217, C218, C219, C220, C221 and C222)11 279 009,01
—Aid for professional training 2005-2006257 791
23 December 2009Loan for the Atlântida vessel37 000 000