ANNOUNCEMENT 01 Feb 2011In February 2011, the government of the Netherlands announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
EU Official Journal, 18 February 2011, C(2011)1053 final:
On 1 February 2011 the Dutch authorities contacted the European Commission regarding their intention to prolong the existing state aid scheme 'Limited amounts of compatible aid'. The scheme will be effective until the end of 2011.
In its decision of 1 April 2009 regarding the original measure (N156/2009), the Commission concluded that the "Small amounts of compatible aid" scheme constitutes State aid within the meaning of Article 107(1) of the Treaty on the Functioning of the European Union ("TFEU"). However, it found that the measures were compatible with the internal market under Article 107(3)(b) TFEU, because they were apt to remedy a serious distortion of the Dutch economy. To this end, the Commission had assessed the appropriateness, necessity and proportionality of the measure.
The motive for implementing this measure was initially to support access to finance during the financial crisis. According to the notification of the Dutch authorities, the reason for the prolongation is that a small number of aid applications were which were submitted until the end of the year 2010, were not finalized.
According to the comments of the Commission, the prolongation of the scheme is a sign of continuing financial difficulties after the crisis, and that companies in the Netherlands continue to face difficulties in obtaining funding from banks.
A state measure in the GTA database is assessed solely in terms of theextent to which its implementation affects the extent of discriminationagainst foreign commercial interests. On this metric, the state aidproposed here is discriminatory.