The recognition of the European protection order by the executing State implies, inter alia, that the competent authority of that State, subject to the limitations set out in this Directive, accepts the existence and validity of the protection measure adopted in the issuing State, acknowledges the factual situation described in the European protection order, and agrees that protection should be provided and should continue to be provided in accordance with its national law.

The total number of allowances in circulation for year x shall be the cumulative number of allowances issued in the period since 1 January 2008, including the number issued pursuant to Article 13(2) of Directive 2003/87/EC in that period and entitlements to use international credits exercised by installations under the EU emission trading system in respect of emissions up to 31 December of year x, minus the cumulative tonnes of verified emissions from installations under the EU emission trading system between 1 January 2008 and 31 Dec ...[+++]ember of year x, any allowances cancelled in accordance with Article 12(4) of Directive 2003/87/EC and the number of allowances in the reserve.

[27] Average air time, or alternatively, depending on the choice made by the Member State when implementing the Directive, the average proportion of the programming budget allocated to European works by independent producers.

Subject to that, the 6.5 hours and the allocation of broadcast time that each party received was a maximum: no party could buy any more time.

For instance, as regards the requirement to allow a minimum of 10% of broadcasting time (minimum proportion), Article 5 allows proportions based on either broadcasters’ transmission time or their programming budget - the choice is made by the Member State when transposing the Directive[12].

The Depositors Guarantee Fund unanimously approved the plan that included : a) The application of all the reserves and share premiums and reduction of the bank's share capital to offset losses in the amount of Ptas 20 bn, b) A capital increase in the amount of Ptas 180 bn by the Deposit Guarantee Fund, c) The purchase and the immediate resale to Banesto of deteriorate assets by the Deposit Guarantee Fund, with a loss of Ptas 285 bn at their nominal value, d) An interest-subsidy loan from the Deposit Guarantee Fund for an amount of Ptas 315 bn over four years, carrying an estimated cost for the Fund of Ptas 41 bn for foregone interests, e ...[+++]) The replacement of Banesto's president and management board.