{
  "url": "https://openlegislation.uk/eu-decision-2015-657/article-2",
  "json_url": "https://openlegislation.uk/eu-decision-2015-657/article-2.json",
  "legislation": "eudn/2015/657",
  "legislation_title": "Commission Decision (EU) 2015/657 of 5 February 2013 on State aid granted by Germany and Austria to Bayerische Landesbank (Case SA.28487 (C 16/09, ex N 254/09)) (notified under document C(2013) 507) (Only the German text is authentic) (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2015-657",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": null,
  "text": "1. The following measures constitute State aid within the meaning of Article 107(1) TFEU:\n(a) the recapitalisation of Bayerische Landesbank by the Land of Bavaria, in the amount of EUR 10 billion;\n(b) the second-loss guarantee in the form of a risk shield granted to Bayerische Landesbank by the Land of Bavaria, in the amount of EUR 4,8 billion;\n(c) the liability guarantees granted to Bayerische Landesbank by Germany, in the amount of EUR 15 billion;\n(d) the funding guarantee granted to Bayerische Landesbank by Austria, in the amount of EUR 2,638 billion; and\n(e) the transfer of EUR 1 billion in capital in Bayerische Landesbodenkreditanstalt from the Land of Bavaria to Bayerische Landesbank.\n2. The State aid referred to in paragraph 1 is compatible with the internal market, in the light of the commitments set out in Annex I and Annex III and subject to the conditions set out in Annex II.",
  "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/2015/657/article/2",
    "retrieved_at": "2026-11-01T15:14:23.174263+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."
}