a well-known or notable person
- This figure also took into account the hiving-off of the public development activities of IBB.
- Thus, after having determined the net costs of the public service it has to be established whether the total amount of state funding does not exceed this figure.
- Article 35 of RL No 5/2000 provided for the financing of the 36 projects that had not received public financing during the 1994-99 programming period but which did, however, figure on the list of selected projects and on some of which work had already started.
- Where the invalidity of the member of the temporary staff arises from an accident in the course of or in connection with the performance of his duties, from an occupational disease, from a public-spirited act or from risking life and limb to save another human being, the invalidity allowance shall not be less than 120 % of the minimum subsistence figure.
- For the purposes of this Decision, “public figure” shall mean any person, either in an official capacity or in a non-official position to whom a protection service is assigned in accordance with the national legislation of a Member State or pursuant to the regulations of an international or supranational organisation or institution.’;
- It is, however, uncertain how Austria arrives at a figure of EUR 247 million. In its judgment in Hytasa , the European Court of Justice ruled that ‘a distinction must be drawn between the obligations which the State must assume as owner of the share capital of a company and its obligations as a public authority’.
- The deficit figure for 2003 of 3,2 % of GDP in the notification of 4 May compares with a deficit of 1,7 % of GDP notified in early March, which was modified to 2,95 % of GDP at the end of the same month, following the new government’s initiative for a far-reaching auditing of public finances.
- The shortfall as a result of providing the service was about EUR 1670608,70. This figure is calculated from the cost of the flight, i.e. EUR 3980,55, multiplied by the number of flights operated, in other words EUR 2547552,00, less the revenue received, namely EUR 876943,30. Consequently, the aid granted by the public authorities (EUR 919879,98) was less than the shortfall sustained by the company when operating on the Gerona–Madrid route between April and December 2002.
- The simple formula for setting remuneration is intended to accelerate the process of granting a compulsory licence in cases of national emergency or other circumstances of extreme urgency or in cases of public non-commercial use under Article 31(b) of the TRIPS Agreement. The figure of 4 % could be used as a reference point for deliberations on adequate remuneration in circumstances other than those listed above,
- The compensation given to Intermed amounts to EUR 919879,98. As is clear from Annex III to the Agreement, the cost per flight, calculated on the basis of an average occupancy rate of 32 persons, is EUR 3980,55. A total of 640 flights were operated by Intermed during the period of validity of the agreement generating revenue of EUR 876934,30. The shortfall as a result of providing the service was about EUR 1670608,70. This figure is calculated from the cost of the flight, i.e. EUR 3980,55, multiplied by the number of flights operated, in other words EUR 2547552,00, less the revenue received, namely EUR 876943,30. Consequently, the aid granted by the public authorities (EUR 919879,98) was less than the shortfall sustained by the company when operating on the Gerona–Madrid route between April and December 2002.
- According to CFF, the Court of Cassation, in the case of Mines et produits chimiques de Salsignes, does not refer at all to the direct liability of the State shareholder in the event of liquidation of the undertaking of which it is the shareholder but rather the possibility of conducting an action for payment of social debts against a public company of an industrial and commercial nature and the fact that it is impossible for their managers to escape from their obligations by relying on action by the public authorities.As regards the non-application to the present case of the case-law of the Court of Appeal of Rouen in the Aspocomp case, CFF submits that the subject-matter of that case-law, relating to an order that a parent company pay to the employees of a subsidiary social benefits for ‘failure to comply with an agreement’ ratified by the former, is very different from the facts of the SNCM file. There is therefore no definite risk that CGMF or the State will be ordered to pay the redundancy payments in the event of compulsory liquidation. However, CFF doubts the estimated figure for the other social costs on account of the fact that they seem to differ depending on the experts asked to provide them.
- On that date, since the company […] had withdrawn, the State departments received two firm proposals of capital contributions and repurchase of the entire capital from the French groups Butler Capital Partners (BCP) and […].On 27 September 2005, France published a press release stating that, on the basis of an in-depth examination of the two proposals, the proposal lodged by the BCP group was chosen because, while being the most acceptable from the financial point of view, it was in the best position to deal with the interests of the company, the public service and jobs. BCP’s initial proposal put forward a negative price of EUR […] million and was the lowest estimate of the negative price.That initial offer from the potential purchasers provided expressly for the possibility of adjusting their initial proposal following the carrying out of audits. The French authorities stated that the initial price was revised upwards following the audits presented on 16 December 2005 owing to objective elements influencing the regulatory and economic context in which SNCM operates which occurred after the submission of the proposal on 15 September 2005. The negative price was thus revised to EUR […] million.The negotiations between the French authorities and the future purchasers made it possible to lower that figure to EUR 142,5 million, increased by the payment of a part of the expenses relating to the retired employees mutual benefits society (EUR 15,5 million).