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THE EUROPEAN COMMISSION,Having regard to the Treaty on the Functioning of the European Union, and in particular Article 108(2), first subparagraph, thereof,Having regard to the Agreement on the European Economic Area, and in particular Article 62(1), point (a), thereof,Having called on interested parties to submit their comments pursuant to the provisions cited abovenote and having regard to the comments received from third parties in the course of the procedure,Whereas:
HAS ADOPTED THIS DECISION:
Article 1#
1.A EUR 2,7 million capital injection granted in 2023 in favour of TAROM S.A. constitutes State aid and the Commission regrets that it was unlawfully granted by Romania in breach of Article 108(3) of the Treaty on the Functioning of the European Union.
2.The restructuring aid to TAROM S.A., which Romania has partly implemented and is planning to implement, in the form of a capital injection by the State equivalent to approximately EUR 45,77 million (having been carried out and to be carried out in RON) and the debt write-off corresponding to the amount of the rescue loan with interest and any foreign exchange rate differences of EUR 49,53 million, amounting to approximately EUR 95,3 million in total is compatible with the internal market within the meaning of Article 107(3), point (c), of the Treaty on the Functioning of the European Union.
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