Betekenis van:
italian capital

Voorbeeldzinnen

1. Recent cross-border capital transactions involving Italian banks such as Antonveneta and BNL exemplify the situation.
2. The Italian authorities will also transmit a report explaining the levels of actual subscription to the aforementioned capital increase once the operation has been completed.’
3. The Italian authorities will also transmit a report explaining the levels of actual subscription to the aforementioned capital increase once the operation has been completed.’ [14]
4. As an additional element, the Italian authorities also indicated that Finagra's balance sheet had always shown a positive return on capital.
5. Before December 2003, PI was wholly owned by the Italian State. In December 2003, the State transferred 35 % of the share capital in PI to CDP.
6. The Commission cannot therefore understand why the Italian authorities stated that ‘the capital grant will not exceed verified eligible expenditure’, since, on the basis of the information available to the Commission, the aid intensity would be less than 10 %.
7. Indeed, in their comments the Italian authorities simply stated, without substantiating their position, that the interest rate was set at a level allowing a direct and appropriate return on the capital to be guaranteed.
8. According to the information provided by the Italian authorities, nine banking groups realigned their assets pursuant to Article 26(26) of Law 350/2003, by payment of the substitute capital gain tax of 9 % (single realignment).
9. However, contrary to the view of the Italian authorities, the Commission considers that the temporary participation by Sviluppo Italia in the capital of SIMPE constitutes aid within the meaning of Article 87(1).
10. Lastly, the Italian authorities have informed the Commission that the Law has allocated EUR 258228449,54 (LIT 500 billion) for the operation of the Fund, which the State has earmarked in the budget; no return on this capital is provided for.
11. Over a 10-year period, according to the Italian authorities, investment portfolios based on floating rates can be compared to investment portfolios based on fixed rates, because capital gains and losses tend to offset one another.
12. Before December 2003, PI was wholly owned by the Italian State. In December 2003, the State transferred 35 % of the share capital in PI to Cassa Depositi e Prestiti (‘Deposits and Loans Fund’ – ‘CDP’).
13. A second undertaking given by the Italian authorities is to submit a report containing the actual subscription levels for this capital increase once the operation has been carried out.
14. the exercise by the Italian Ministry for Economic and Financial Affairs of its preferential subscription right so as to enable it to reduce its participation in the capital to 49,9 %.
15. The Italian authorities also undertake to transmit to the Commission, immediately upon their conclusion and prior to the subscription by the Ministry of the Economy and Finance of the new capital increase, the final contracts concluded with the banks containing the above-mentioned formal and unconditional subscription commitments. The Italian authorities will also transmit a report explaining the levels of actual subscription to the aforementioned capital increase once the operation has been completed.’ [14]