State aid
Legislation archive
Commission letter to Member States SG(89) D/12772 of 12 October 1989
Dear Sir
By letter dated 5 April 1989, I sent you a Commission communication
concerning State guarantees.
Several Member States have since told the Commission that the
communication appears to oblige Member States to notify all cases
where a guarantee is given. I should therefore like to make it
clear that the Commission intends only to examine schemes establishing
guarantees and not every case in which a guarantee is granted
under the scheme, except where a guarantee is granted outside
a scheme.
As specified in the communication, the Commission will approve
the award of guarantees only if it is contractually subject to
specific conditions. If the latter are correctly provided for
in the schemes, the Commission will accept such awards without
prior notification.
Yours faithfully
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