commiss decis novemb aid scheme implement germani thuringia loan programm small medium size enterpris notifi document number german text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl thereof regard agreement european econom area articl thereof call interest parti submit comment pursuant articl ec treati procedur rule govern thuringia loan programm small medium size enterpris hereinaft refer rule enter forc januari unlimit period time opinion land author rule compli de minimi provis introduc commun guidelin state aid small medium size enterpris hereinaft refer sme guidelin notifi articl ec treati letter date februari ref sg commiss inform germani decid initi procedur laid articl ec treati respect aid scheme commiss decis initi procedur publish offici journal european commun commiss call interest parti submit comment scheme receiv comment interest parti letter date march germani request extens deadlin submit comment commiss grant letter date march letter march commiss ask clarif inform submit german author proceed aid korn fahrzeug und technik gmbh nn germani comment letter date march august august letter date march commiss request statist data applic rule germani provid data letter april inform commiss rule replac set rule june state aid scheme concern assess discuss place repres commiss germani april brussel germani submit final comment letter februari descript measur titl legal basi aid grant public sector thüringer aufbaubank thuringia reconstruct bank act behalf thuringia ministri econom affair basi section land budget order accord rule recipi provid point rule recipi aid intend small medium size enterpris sme defin relev commun guidelin liber profess directli serv industri grant larg enterpris except case subject approv relev minist aid grant enterpris oper sensit sector point rule stipul commiss approv requir case case basi report implement rule condit met case ferkelaufzucht gmbh spedit roth gmbh dreistreif kaffeerösterei fleisch und wurstwaren gmbh meining privatbrauerei müller pafahg mischfutt gmbh durat rule enter forc januari unlimit period replac june aid scheme thuringia loan programm thüringer aufbaubank consolid oper loan programm object rule section work capit loan consolid loan merg previous separ programm point rule object aid work capit loan intend firm suffici collater enabl work capit financ includ form prefinanc interim financ firm receiv start aid expans aid aid safeguard activ order avert risk oper exist job loan grant condit firm present medium term plan meet profit liquid requir grant year interest rate grace period year point natur scope amount payment amount loan exce amount directli requir resolv firm difficulti point object aid consolid loan intend firm liquid profit difficulti purpos convert short term liabil long term soft loan possibl reschedul exist loan commit firm main bank financi institut liabil part thüringer aufbaubank rule consolid loan grant condit firm submit viabl consolid plan take account consolid loan make difficulti remedi long term basi plan firm consolid requir contribut recipi main bank make public aid grant loan grant year interest rate grace period year case consolid loan amount loan exce amount requir remedi firm difficulti point rule aid section grant thüringer aufbaubank form soft loan rule case paid recipi main bank primari risk bank receiv guarante amount loan fee annum amount thüringer aufbaubank main bank receiv process fee amount loan intens point rule natur scope amount payment refer expressli programm de minimi natur rule aid element soft loan calcul basi differ effect interest rate accept refer rate account aid element result guarante special risk statu recipi firm loan amount upper limit amount aid firm receiv aid element result interest subsidi exce de minimi ceil laid relev de minimi provis rule make express provis amount interest subsidi alter relat refer rate loan amount deem approv cumul point rule public financi aid grant firm declar appli loan practic consequ requir appar ground initi procedur calcul aid amount rule account aid element link liabil special difficulti recipi firm base incorrect applic de minimi provis contrari rule state firm sensit sector receiv aid result appli sensit sector cover relev de minimi provis soft loan enjoi liabil part thüringer aufbaubank exce de minimi ceil constitut state aid mean articl ec treati articl eea agreement recipi firm aid enabl recipi firm remain busi expand activ commiss view measur liabl affect competit clear word rule programm appli firm difficulti defin commun guidelin state aid rescu restructur firm difficulti hereinaft refer quot guidelin quot true consolid loan concern lesser degre work capit loan consolid purpos preliminari investig germani disput assert rule applic firm difficulti stress loan grant primari risk main bank residu risk deduct guarante risk cover liabil sourc inform receiv german author bank grant loan firm difficulti suffici secur commiss consid argument inconclus firm difficulti exclud loan programm comparison list aid recipi approv scheme firm difficulti thuringia nn firm benefit loan programm consider reveal firm receiv aid scheme automatisierung und elektronik gmbh allenburg automaten und metallgießerei gmbh dreistreif kaffeerösterei commiss consid consolid work capit loan programm concern risk bank origin expos case consider reduc result reschedul commit firm difficulti loan programm commiss decid stage assum rule except work capit loan grant case involv start expans firm aim firm difficulti rule aim firm difficulti purpos point work capit loan avert risk firm oper exist job point consolid loan bring restructur firm case examin scheme compat common market light guidelin rule concern rescu firm difficulti condit compat rescu aid common market guidelin aid question grant form state loan market term guarante privat loan condit met case aid form soft loan rule provid individu notif aid larg firm firm sensit sector requir guidelin rule aid larg firm appli sensit sector commiss doubt compat common market rule concern restructur firm difficulti commiss stress guidelin laid main condit compat restructur plan aim restor firm long term viabil submit carri aid limit amount need achiev object recipi firm sharehold make contribut specif rule applic sensit sector compli gener rule individu case notifi aid larg firm notifi individu save unforeseen except case firm respons restructur aid grant detail report scheme implement respect sme submit loan programm provid individu notif aid larg firm prohibit repeat grant restructur aid guidelin requir individu notif aid grant sensit sector report submit germani provis compli case commiss doubt compat loan programm area restructur aid work capit aid grant programm direct econom viabl firm promot start expans firm deem commiss constitut oper aid assess light relev provis region aid aid meet condit limit time degress grant region cover articl ec treati grant sensit sector commiss conclud rule limit time degress term effect rule possibl appli sensit sector view unlimit durat appli region longer cover exempt articl ec treati commiss doubt respect compat loan programm common market comment germani comment germani put total number loan grant period januari june amount total eur million germani acknowledg thuringia loan programm direct viabl firm firm difficulti provid aid intens includ de minimi aid remain de minimi ceil consid programm compat de minimi provis irrespect recipi firm difficulti individu case refer commiss german author submit comment altenburg automaten und metallgießerei gmbh grant loan equiti consolid fund firm subsequ fare result consolid loan grant june consid difficulti dreistreif kaffeerösterei receiv financ consolid fund end consolid loan grant end firm difficulti automatisierung und elektronik gmbh receiv consolid loan dem june firm difficulti time februari receiv equiti dem financ consolid fund enabl overcom difficulti consolid loan dem subsequ grant germani take view firm question difficulti time consolid loan grant rule de minimi ceil exceed case aid intens calcul sole basi interest subsidi period discuss autumn repres germani commiss interest subsidi aid element guarante includ calcul guarante requir payment separ fee annum loan amount question germani origin view guarante involv aid element risk premium calcul market term paid felt case loan programm calcul aid intens respect guarante develop meant risk premium charg suffici cover risk guarante acquir specif aid intens germani view method calcul aid intens guarante final establish letter commiss date novemb januari aid intens guarante calcul accord commiss instruct result de minimi ceil exceed date germani januari aid intens guarante appli viabl firm firm difficulti aid intens calcul list individu case germani liabil part main bank constitut genuin risk part possibl risk cover guarante public sourc rule appar list aid grant liabil part main bank minimum commit loan transfer bank main bank primari risk possibl main bank exist loan commit reschedul liabil part thüringer aufbaubank overdraft facil exist main bank enabl cash withdrawn maintain full durat guarante loan letter juli relat case korn fahrzeug und technik gmbh germani loan loan programm issu secur mean guarante quot rule free state thuringia grant guarante thüringer aufbaubank busi liber profess quot guarante rule issu guarante loan rule oper aid grant viabl firm germani point work capit consolid loan limit time maximum durat work capit loan year consolid loan ten loan programm degress loan fulli repay prescrib deadlin amortis schedul firm oper sensit sector loan programm requir individu notif thuringia favour region mean articl ec treati sensit sector germani stress loan programm requir loan grant firm oper sensit sector notifi individu germani view examin spedit roth gmbh dreistreif kaffeerösterei gmbh meining privatbrauerei müller case reveal notif loan grant firm oper sector special commun rule appli special aid rule guidelin state aid connect invest process market agricultur product applic pursuant commiss decis ec state aid process market german agricultur product grant basi exist region aid scheme special aid rule applic food drink tobacco industri germani conced individu notif requir met case getreidemühl han georg hirn loan commit june pafahg mischfutt gmbh loan commit novemb ferkelaufzucht gmbh loan commit april notif procedur launch respect aid ostthüring obst und gemüsezentral laasdorf nn hohenölsen fleisch und wurstwaren gmbh molkerei großbraunshain gmbh nn agk fleisch und wurstwaren kölleda discuss april germani state individu case loan work capit section rule grant firm difficulti combin aid approv scheme case approv aid scheme requir exist restructur plan ensur long term viabil firm assess measur exist state aid financi payment firm alter condit competit extent aid discern impact trade competit member state background notif requir articl ec treati appli aid exce absolut maximum amount de minimi aid fall scope articl ec treati definit understood de minimi aid set sme guidelin scope de minimi provis defin point guidelin payment eur firm respect broad type expenditur invest train year period payment aid eur respect type expenditur scheme amount aid firm receiv respect type expenditur year period limit figur longer consid notifi articl articl ec treati express condit grant decis scheme aid firm receiv respect type expenditur sourc scheme total aid receiv eur limit made clear point de minimi facil sensit sector steel shipbuild synthet fibr motor industri agricultur fisheri transport coal industri commiss notic de minimi rule state aid amend de minimi provis sme guidelin ceil aid cover de minimi rule set eur year period begin de minimi aid grant ceil appli type public assist consid de minimi aid affect possibl recipi obtain aid scheme approv commiss provis appli industri cover ecsc treati shipbuild transport aid expenditur connect agricultur fisheri articl commiss regul ec januari applic articl ec treati de minimi aid extend scope de minimi rule albeit exclus aid grant transport sector activ link product process market product list annex ec treati similarli regul appli aid export relat activ aid directli link quantiti export establish oper distribut network current expenditur link export activ lastli aid conting domest import good exclud scope regul articl regul stipul total de minimi aid grant enterpris exce eur period year ceil appli irrespect form aid object pursu regul ec enter forc februari rule examin appli januari june question aris commiss purpos decis appli regul retroact financi assist paid enter forc de minimi rule sme guidelin commiss de minimi notic forc relev period account consecutio legi regul ec applic assess aid grant entri forc word rule applic previou case event subject control mechan articl commiss reach conclus absenc express provis regul ec appli de minimi aid grant entri forc thing regul exempt categori measur notif requir procedur regul appli immedi pend proceed applic regul line underli object procedur simplif decentralis respect aid caught regul elig exempt basi commiss account provis forc aid grant regul principl gener de minimi predecessor appli event case aid concern exempt regul gener legal principl legitim expect legal certainti suitabl account econom standpoint commiss take view financi measur class aid mean articl ec treati regul ec forc todai integr market past rise aid integr market base assess financi measur regul ec rule possibl provis forc time measur implement appli provid measur concern exempt regul ec proceed initi cover rule issu case applic fall sector scope regul ec de minimi provis case fall sector scope regul relev de minimi provis de minimi ceil exceed activ relat manufactur process market good list annex ec treati exclud scope regul ec previou de minimi provis commiss take view loan grant firm foodstuff industri caught regul predecessor cover manufactur process market good list annex ec treati germani argument special aid rule contain commun guidelin state aid connect invest process market agricultur product applic immateri special rule affect scope de minimi provis commiss view residu scope regul ec relev de minimi provis exceed failur account aid element contain guarante method calcul aid element grant loan ceil laid regul de minimi provis exceed rule offer assur de minimi ceil compli instanc guarante compli rule appli firm difficulti involv high risk default commiss view beneficiari rule larg firm difficulti purpos differenti firm difficulti firm commiss includ explan meant firm difficulti point commun guidelin firm difficulti defin firm quot unabl recov resourc rais fund sharehold borrow typic symptom deterior profit increas size loss diminish turnov grow inventori excess capac declin cash flow increas debt rise interest charg low net asset acut case compani insolv liquid quot word rule purpos work capit loan point provid start aid expans aid aid safeguard firm activ order avert risk oper exist job consolid loan point intend firm experienc liquid profit problem result difficult financi earn posit germani argu event guarante call main bank liabil possibl risk part main bank cover liabil public sourc main bank risk repres incent lender carri proper check borrow creditworthi reduc risk default argument convinc evid rule appli firm difficulti word specif purpos rule grant consolid loan work capit loan guarante firm financi difficulti likelihood recipi firm difficulti reduc risk main bank ran grant aid firm difficulti mean rule word rule germani conced loan rule secur mean guarante quot rule free state thuringia grant guarante thüringer aufbaubank busi liber profess quot guarante rule argument firm difficulti exclud fact bank bear commit incorrect commiss view commiss take view advantag main bank case firm difficulti particip guarante loan rule grant work capit consolid loan improv liquid recipi firm reduc risk default loan previous grant main bank fact make econom sens bank reduc high risk default respect exist loan act ensur fund made firm restructur true risk partli assum state individu list germani aid grant disburs rule show firm difficulti assist commiss unabl share germani view individu firm mention decis initi proceed automatisierung und elektronik gmbh altenburg automaten und metallgießerei gmbh dreistreif kaffeerösterei difficulti firm grant fund thuringia consolid fund receiv loan rule issu undergo process restructur assist state aid fund grant rule commiss view restructur oper involv result firm continu regard firm difficulti financi difficulti resolv result aid fund grant rule regard renew restructur aid mean consolid exist restructur plan germani assert case automatisierung und elektronik gmbh firm initi difficulti grant consolid loan receiv payment consolid fund order resolv difficulti grant consolid loan difficulti strike commiss convinc germani conced comment rule aim viabl firm firm difficulti aid element guarante account calcul aid intens loan provid true bear mind risk default case firm difficulti assess affect germani statement comment german author aid element guarante risk involv grant loan firm difficulti account calcul aid intens commiss accept argument back letter member state point view guarante state fell scope articl ec treati german author grant loan guarante firm face liquid difficulti doubt measur involv aid notifi measur contain scheme good time commiss order give opinion matter commiss notic applic articl ec treati state aid form guarante cash grant equival loan guarante year calcul grant equival soft loan interest subsidi repres differ market rate rate obtain state guarante premium paid deduct differ outstand sum guarante multipli risk factor probabl default premium paid guarante sum risk premium calcul object justifi gener accept method commiss confirm view set abovement notic present case guarante grant aid scheme method standard form calcul confirm long held view time loan decis probabl borrow unabl pai evid high intens aid equival sum secur guarante aid element guarante case viabl firm result de minimi ceil exceed commiss view rule applic involv aid mean articl ec treati fall scope regul ec fall scope regul exce de minimi ceil articl appli de minimi provis forc time measur implement appli firm difficulti rule recipi firm receiv privat bank financi resourc view financi situat receiv privat credit institut basi loan term appli financi resourc make recipi firm avoid forc market improv market posit firm forc market exist overcapac reduc market share made acquir competitor case improv profit loan cover proceed grant firm produc good provid servic subject intra commun trade assum financi measur concern proceed liabl affect trade member state viabl firm obtain financ term offer improv market posit vi vi competitor common market result work capit loan provid appli viabl firm oper sensit sector market sensit sector face overcapac financi advantag confer specif firm loan lead posit strengthen vi vi competitor intra commun trade result trade affect commiss conclud rule applic constitut state aid mean articl ec treati firm involv intra commun trade basi argument present german author commiss take view privat bank lender profit grant consolid loan manner distort competit commiss notic applic articl ec treati state aid form guarante commiss assum state guarante post respect loan financi oblig enter term loan financi oblig adjust guarante loan pai back guarante loan credit institut aid lender secur loan increas word point rule firm exist liquid problem resolv mean reschedul short term indebted basi soft loan germani comment reschedul main bank exist loan commit thüringer aufbaubank liabil main bank exist loan commit reschedul liabil part thüringer aufbaubank rule element aid lender fact stabilis firm difficulti benefit creditor normal consequ aid repres aid mean articl ec treati creditor law aid commiss regret grant aid germani incorrectli appli regul ec act breach articl ec treati compat aid common market scope applic regul ec relev de minimi provis exceed examin loan programm commiss find direct viabl firm firm difficulti aid grant firm difficulti constitut restructur rescu aid terminolog guidelin confirm guidelin aid grant viabl firm constitut oper aid mean commiss commun method applic articl region aid commun confirm flesh guidelin nation region aid amend compat field applic examin light relev provis applic restructur aid rule restructur firm difficulti involv note accord guidelin criteria essenti met precondit compat aid common market submiss implement restructur plan capabl restor long term viabil firm signific contribut recipi firm sharehold limit aid strict minimum requir complianc special rule govern sensit sector requir notif individu case restructur aid grant unforeseen circumst compani respons commiss practic requir individu notif repeat restructur aid firm previous grant restructur aid exceed eur million individu notif aid larg firm work capit loan grant rule condit medium term strategi ensur profit liquid requir firm main bank make contribut fund restructur plan requir consolid loan grant rule condit firm submit viabl consolid plan take account loan firm difficulti resolv last basi firm main bank make contribut fund ceil rule stipul maximum amount consolid work capit loan exce directli resolv firm difficulti rule requir notif individu case sensit sector requir met part sensit sector agricultur ban repeat restructur aid requir notifi repeat aid previou restructur aid exceed eur million contain word rule lastli rule provid individu notif aid larg firm commiss conclud rule line requir guidelin compat common market extent restructur aid grant rule firm difficulti compat common market rescu aid rescu firm difficulti involv note guidelin make precondit compat rescu aid grant form public loan market term form state guarante privat sector loan condit met case point loan question soft loan extent provis rescu aid rule involv aid incompat common market oper aid viabl firm loan grant econom viabl firm provid word rule liquid link specif invest commiss consid aid oper aid assess light commiss commun method applic articl region aid commiss subsequ practic confirm guidelin nation region aid region aid map forc thuringia assist area articl ec treati commiss commun commiss exception approv type oper aid area region elig articl articl ec treati view difficulti face provid aid limit time design overcom structur handicap firm locat region grant sensit sector addit commiss develop practic requir aid degress requir confirm commun guidelin nation region aid commiss view requir rule limit time met ceas valid examin requir commiss confin assess rule account fact replac previou scheme scheme enter forc juli replac rule januari commiss take view extens scheme form rule consider line basic requir aid limit time set commiss commun method applic articl region aid guidelin nation region aid germani present argument rule possibl oper aid grant rule juli contradict argument individu loan limit time commiss develop practic requir oper aid degress view rule applic compli degress requir entri forc januari rule made provis word rule requir loan grant contrari case automatisierung und elektronik gmbh light firm receiv aid thuringia consolid programm june rule issu proceed addit germani explain grant aid stress except natur approv oper aid commiss commiss commun method applic articl region aid guidelin nation region aid point provid approv oper aid safeguard structur guidelin provid gener confirm approach requir oper aid justifi term contribut region develop natur level proportion handicap seek allevi exist demonstr member state year immedi german unif area gdr thuringia part cope infrastructur disadvantag commiss view thuringia programm consider began disadvantag significantli reduc result major infrastructur invest germani aufbau ost programm proceed argument present commiss show aid grant offset signific cost infrastructur disadvantag view major invest activ thuringia period question mainten exist invest form essenti precondit attract invest kind argument maintain quot industri core quot appli earli stage länder integr unit germani acknowledg commiss decis treuhandanstalt case number major project includ eko stahl leuna accept period concern proceed put forward germani commiss note thuringia loan programm direct small busi tradit branch economi expand invest aid länder time shortag commiss approv mechan financ initi invest decis commiss recognis länder suffer long stand shortag equiti attribut lack opportun capit format gdr basi approv seri limit oper aid measur object aid rule exclud possibl financ growth programm offens programm gear promot growth structur chang overwhelmingli defens imped structur chang measur restrict structur chang long term contribut success region develop commiss consid contribut oper aid concern region develop demonstr note contrari word rule sensit sector exclud receiv oper aid applic rule sensit agricultur sector show contrari word appli sensit sector reason commiss conclud oper aid grant viabl firm rule compat common market rule extend time frame oper aid grant requir aid degress sensit sector exclud rule incompat common market commiss take view exempt articl ec treati appli case rule pursu aim list germani claim exempt appli commiss conclud provis assess aid rescu restructur firm difficulti special provis aid horizont object pursuant articl ec treati applic rule pursu special object germani argu case commiss view aid equal intend promot import project common european interest remedi disturb economi member state promot cultur heritag conserv commiss conclud articl articl ec treati appli rule individu case cover rule examin subject formal investig proceed articl ec treati decis appli conclus aid scheme notifi unlaw articl ec treati aid exceed scope regul ec caught regul exceed scope de minimi provis forc time scheme implement grant firm involv intra commun trade grant unlawfulli applic rule incompat common market intra commun trade affect rescu aid grant subsidis interest rate de minimi ceil restructur aid grant requir repeat aid notifi ceil eur million exceed restructur aid grant work capit section rule restructur plan requir rule appli sensit sector allow oper aid viabl firm degress applic rule scope regul ec relev provis preced firm difficulti respect oper aid viabl firm incompat common market commiss long establish practic requir recoveri aid recipi aid articl ec treati unlawfulli grant incompat provid aid cover de minimi provis practic confirm articl council regul ec march lai detail rule applic articl ec treati articl requir member state measur recov aid beneficiari clarifi number case recoveri requir commiss consid germani draw list firm cover scope regul ec adopt decis articl rule govern thuringia loan programm small medium size enterpris hereinaft refer rule establish state aid mean articl ec treati rule establish state aid mean articl ec treati payment fall scope regul ec case scope de minimi provis forc time rule implement combin de minimi aid exce relev de minimi ceil regul ec relev de minimi provis rule establish aid mean articl ec treati payment firm produc good provid servic subject intra commun trade extent rule caught articl involv unlaw aid articl rule establish oper aid viabl firm incompat common market fall scope articl ec treati articl rule establish rescu restructur aid firm difficulti incompat common market fall scope articl ec treati articl decis appli case cover rule subject commiss proceed formal commiss decis implement decis germani draw list firm concern articl germani measur recov beneficiari aid refer articl unlawfulli made recoveri effect delai accord procedur nation law provid effect execut decis aid recov includ interest date dispos beneficiari date recoveri interest calcul basi refer rate calcul grant equival region aid articl germani implement decis draw list firm concern case fall sector scope regul ec aid element contain guarante de minimi aid grant relev period includ exce ceil laid regul list firm difficulti viabl section programm aid base germani criteria classifi firm difficulti connect germani devis method identifi aid element guarante basi commiss notic applic articl ec treati state aid form guarante implement decis draw list firm assist rule caught regul ec produc good provid servic subject intra commun trade criteria appli articl germani inform commiss month notif decis measur compli articl decis address feder republ germani brussel novemb commiss mario monti member commiss thüringer staatsanzeig oj oj loan grant korn fahrzeug und technik gmbh rule issu case thüringer staatsanzeig pp oj refer case nn refer case nn refer case nn letter aid intens deem guarante loan amount case viabl firm guarante loan amount case firm difficulti aid oj oj oj footnot oj oj guidelin enter forc public offici journal european commun decis ec commiss found nation aid scheme germani incompat common market mean articl ec treati compli guidelin measur state aid connect invest process market agricultur product commun germani letter sg octob notifi aid paragraph commun guidelin state aid rescu restructur firm difficulti oj lai commiss examin rescu restructur aid grant authoris breach articl ec treati basi guidelin forc time aid grant commiss examin rule basi guidelin commiss letter member state sg april true light commiss decis state aid case germani neg final decis state guarante measur restructur larg firm difficulti state guarante scheme länder saxoni anhalt lower saxoni north rhine westphalia rhineland palatin bavaria bremen mecklenburg western pomerania schleswig holstein saxoni letter sg april commiss comment extens aid natur guarante oj point guidelin appli extent consist special rule sensit sector time question special aid rule agricultur fisheri steel shipbuild textil cloth synthet fibr motor industri transport coal industri agricultur sector altern guidelin special commiss rule rescu restructur aid appli individu recipi discret member state concern januari commun guidelin state aid rescu restructur firm difficulti enter forc differ guidelin respect agricultur sector oj oj oj oj oj definit appli commiss refer provis examin aid viabl firm light commun method applic articl region aid assess affect applic guidelin nation region aid commiss decis sg februari state aid case nn thuringia consolid fund firm difficulti commiss note thuringia loan programm consider replac june loan programm appear prima faci compli de minimi provis applic thuringia consolid programm thuringia work capit programm practic confirm adopt measur adapt exist aid scheme provis amend region guidelin commiss letter sg februari applic exempt articl ec treati commiss refer court justic rule septemb case germani commiss publish section german incom tax law oj