commiss decis novemb counter guarante german feder state sachsen anhalt cover guarante bürgschaftsbank sachsen anhalt gmbh favour compani difficulti german text authent text eea relev ec commiss european commun regard treati establish european commun articl thereof regard agreement european econom area articl thereof notic member state parti concern submit comment accord articl treati octob commiss decid initi procedur pursuant articl ec treati regard aid programm german feder state sachsen anhalt bürgschaftsbank sachsen anhalt gmbh hereinaft refer guarante bank guarante bank set special guarante scheme firm difficulti sonderbürgschaftsprogramm liquiditätssicherung firm establish sachsen anhalt experienc liquid problem ow extern factor control jeopardis continu oper receiv guarante cover loan receiv privat bank programm start decemb run applic submit end land sachsen anhalt global counter guarante initi limit amount dem million amount reduc dem million april end period allow applic land repres authoris committe bewilligungsausschuß guarante bank decis grant guarante cover counter guarante land assent repres land govern aid programm breach articl ec treati notifi forc applic submit year period submiss guarante applic commiss doubt aid programm consid compat common market aim compani difficulti continu busi adher commun guidelin state aid rescu restructur hereinaft guidelin germani inform decis initi procedur letter date octob request submit comment member state interest parti inform invit submit comment public letter offici journal european commun germani submit comment letter date decemb comment receiv parti ii sharehold counter guarante bank privat limit compani region trade associ region chamber industri commerc craft industri handel und handwerkskammern ii bank insur compani equiti amount dem provis sonderbürgschaftsprogramm liquiditätssicherung section compani encount liquid problem due extern factor reason manag foreseen seek defici guarante guarante bank cover total bank credit receiv ow lack suffici secur applic submit plan consolid financi situat demonstr guarante settl undertak econom circumst guarante limit maximum period year maximum amount dem million beneficiari guarante word award provis grant enterpris establish saxoni anhalt gener design promot compani employe yearli turnov dem million expressli exclud guarante grant favour larger compani compani sector special rule state aid appli cover take form fix interest loan rate annum norm compar loan guarante bank charg handl fee yearli premium amount guarante precondit land sachsen anhalt assumpt counter guarante section guarante question appli small medium size compani term refer commun definit sme person liber profess hold suffici secur bank practic obtain financ risk spread gt tabl gt land repres authoris committe bewilligungsausschuß bürgschaftsbank decis grant guarante cover counter guarante land assent repres land govern guarante bank grant defici guarante back counter guarante land sachsen anhalt altogeth compani dem dem million number employe recipi compani rang guarante approv april dem million initi total counter guarante provis dem million result ceil lower dem million april iii germani admit aid intens case implement guarante programm secur liquid ceil set de minimi rule inform commiss appli scheme authoris committe definit small medium size enterpris set commiss recommend april germani argu beneficiari compani difficulti sens contempl guidelin experienc liquid problem due outstand claim belat payment custom limit equiti capit compani concern situat germani typic east german enterpris attribut divis germani compound financi problem programm meant contribut restructur beneficiari restor viabil purpos restructur plan need assist financi consolid basic viabl compani proviso enterpris establish sachsen anhalt benefit scheme germani inform commiss authoris committe chosen compani establish lower saxoni north rhine westphalia branch sachsen anhalt restrict amount aid strict minimum achiev aim aid german author refer gener budgetari law sachsen anhalt oblig public administr attain result lowest cost financi transact public author iv guarante grant guarante bank sonderbürgerschaftsprogramm liquiditässicherung constitut state aid mean articl ec treati eea agreement guarante cover counter guarante sachsen anhalt approv collabor state offici guarante cover counter guarante grant assent land risk guarante bank limit secur loan risk cover annual premium calcul basi full amount guarante bank receiv premium risk bank grant loan charg normal annual interest rate secur loan annum cover risk total loan bank involv receiv high remuner compar market interest rate oper loan risk undertook consid suffici cover outstand risk insuffici secur loan compani liquid problem state contribut counter guarante recompens premium beneficiari compani receiv secur oper loan aid element inher aid measur set loan grant compani amount cover public counter guarante aid scheme consid compat common market articl ec treati read conjunct guidelin condit govern award explicitli exclud scheme firm oper sector specif state aid rule appli point guidelin inform allow commiss find consist special rule applic sector subject special commun rule state aid explicitli exclud larg firm applic scheme requir prior notif provid rule combin aid aid purpos prohibit exclud renew guarante extens limit aid period need devis workabl restructur plan requir present financi consolid plan restructur plan point guidelin explicitli restrict amount aid strictli restructur rescu firm question conclud provis aid scheme meet kei criteria rescu restructur aid outlin guidelin german author argu compani envisag scheme draft difficulti liquid problem remain basic viabl programm establish firm face circumst eastern germani difficulti recov moni custom low equiti provis insuffici bridg result liquid shortfal line argument convinc compani suffici equiti cover typic risk client fail pai debt insuffici mean cover risk credit insur consid difficulti liquid problem aris endang exist aid scheme design tackl difficulti apprais light commun guidelin state aid rescu restructur fact problem aris frequent eastern germani develop part union result divis germani aris gener low financi perform area observ disadvantag region union scheme consid compat common market articl ec treati aid consid compat common market articl ec treati princip aim scheme question firm financi difficulti locat sachsen anhalt mere fact applic aid programm limit assist area bear observ principl laid guidelin guidelin expressli state point criteria list paragraph equal applic assist area region develop consid scheme formal exclud compani base sachsen anhalt creat discrimin contrari articl seq ec treati matter programm spite rule case favour west german compani programm implement term question individu case hold true limit small medium size enterpris firm sector specif aid rule appli aid programm question serv attain goal set articl ec treati conclud consid compat common market programm illeg introduc breach articl ec treati explan german govern assum case applic programm fall de minimi rule unaccept plan award amount maximum dem million beneficiari year period exce de minimi threshold state aid grant unlawfulli principl recov recipi restor econom situat prevail illeg aid repay made accord procedur provis german law interest calcul rate refer rate assess region aid scheme run date aid grant germani recov aid grant pursuant sonderbürgerschaftsprogramm liquiditätssicherung germani inform commiss implement decis month notifi part report implement decis germani case de minimi rule germani call notifi individu case consid renew aid justifi treati commiss state posit accord normal procedur adopt decis articl aid programm sonderbürgschaftsprogramm liquiditätssicherung illeg introduc breach articl programm incompat common market articl germani recov aid grant pursuant aid programm repay made accord procedur provis german law interest payabl usual refer rate assess region aid scheme run date aid grant articl germani inform commiss month notifi decis measur compli therewith articl decis address feder republ germani brussel novemb commiss karel van miert member commiss oj oj