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State Aid

State Aid Cases

SA.30704 € - $ - MLB commercial segment

Member State: Latvia
Primary Objective: Remedy for a serious disturbance in the economy
Legal basis primary: Art. 107(3)(b) TFEU - Remedy serious disturbance
No aid in the sense of Art. 107(1) TFEU
Legal basis secondary: Crisis - Financial sector - Banking Communication, 2008
Crisis - Financial sector - Restructuring Communication 2009-2010
Sector: K.64 - Financial service activities, except insurance and pension funding
Aid instrument: Guarantee
Other forms of equity intervention
Soft loan
Case Type: Ad Hoc Case
Duration: from 23.03.2010
Notification or Registration Date: 01.04.2010
DG Responsible: Competition DG
Related Cases: NN60/2009


Decision on 26.01.2012: Decision to initiate the formal investigation procedure
Decision Text: Letter to the Member State - authentic language   en  pdf
Publication on 04.05.2012: Official Journal: JOCE C/130/2012


Decision on 17.07.2013: Positive decision
Press release: IP/13/705
Decision Text: Letter to the Member State - authentic language   en  pdf
Published on 09.09.2015
Publication on 25.09.2015: Official Journal: JOCE L/250/2015

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