{
  "url": "https://openlegislation.uk/eu-decision-2015-1587/article-1",
  "json_url": "https://openlegislation.uk/eu-decision-2015-1587/article-1.json",
  "legislation": "eudn/2015/1587",
  "legislation_title": "Commission Decision (EU) 2015/1587 of 7 May 2015 on the State aid SA.35546 (2013/C) (ex 2012/NN) implemented by Portugal for Estaleiros Navais de Viana do Castelo S.A. (notified under document C(2015) 3036) (Only the English text is authentic) (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2015-1587",
  "path": "article/1",
  "kind": "article",
  "number": "1",
  "heading": null,
  "text": "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.\n2. 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.\n3. 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.\nDate\nMeasure\nAmount\n11 May 2006\n2006 capital increase\n24 875 000\n2012/2013\n2012 and 2013 loans\n101 118 066,03\n(i) 31 January 2006\n(ii) 11 December 2008\n(iii) 28 April 2010\n(iv) 27 April 2011\nDGTF loans\n(i) 30 000 000\n(ii) 8 000 000\n(iii) 5 000 000\n(iv) 13 000 000\n29 November 2011\nComfort letters for a loan granted by BCP\n990 000\n3 November 2011\nComfort letter for a loan granted by BCP\n400 000\n30 September 2010\nComfort letter for a loan granted by BCP\n12 500 000\n31 August 2010\nComfort letters for two standby letters of credit issued by CGD\n12 890 000\n24 June 2010\nComfort letter for a loan granted by BCP\n5 000 000\n25 November 2009\nComfort letter for revolving loan by CGD\n15 000 000\n7 September 2009\nComfort letter for revolving loan by BES\n4 500 000\n—\nShipbuilding subsidies (contracts C212, C213, C214 and C223)\n10 482 374,01\n—\nShipbuilding subsidies (contracts C206, C211, C217, C218, C219, C220, C221 and C222)\n11 279 009,01\n—\nAid for professional training 2005-2006\n257 791\n23 December 2009\nLoan for the Atlântida vessel\n37 000 000",
  "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/2015/1587/article/1",
    "retrieved_at": "2026-11-01T15:14:13.495425+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."
}