2011/526/EU: Commission Decision of 29 September 2010 on State aid C 32/09 (ex NN 50/09) implemented by Germany for the restructuring of Sparkasse KölnBonn (notified under document C(2010) 6470) Text with EEA relevance

Decision · 3 articles

Data as of 2026-07-04 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Article 1

The restructuring aid provided to Sparkasse KölnBonn by its public shareholders constitutes State aid within the meaning of Article 107(1) of the Treaty on the Functioning of the European Union. The aid is compatible with the internal market, subject to implementation of the restructuring plan and fulfilment of the commitments set out in Annexes I, II and III.

Article 2

This Decision is addressed to the Federal Republic of Germany.

Supplementary provisions

ANNEXSupplementary provisions

ANNEX European Commission — Financial Crisis Taskforce DG Competition Rue Joseph II/Jozef II-straat 70 1000 Brussels Belgium Case C 32/09 — Sparkasse KölnBonn COMMITMENTS TOWARDS THE EUROPEAN COMMISSION Pursuant to Article 7(3) of Council Regulation (EC) No 659/99 ( 1 ) , as amended, Germany hereby provides the following commitments concerning Sparkasse KölnBonn in order to enable the European Commission (‘the Commission’) to find the recapitalisation of Sparkasse KölnBonn compatible with the internal market by decision under Article 107(3)(b) of the Treaty on the Functioning of the European Union. The commitments are to take effect on the date of the decision’s adoption. This text is to be interpreted within the general framework of EU law and with reference to Regulation (EC) No 659/99, and also taking into consideration the Decision to which the commitments are attached. ( 1 ) OJ L 83, 27.3.1999, p. 1 .

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Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.

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