13.12.2014 Official Journal of the European Union L 358/33 COMMISSION DECISION of 23 July 2014 on State aid SA 24639 (C 61/07) granted by Greece to Olympic Airways Services/Olympic Airlines (notified under document C(2014) 5028) (Only the Greek text is authentic) (Text with EEA relevance) (2014/903/EU) THE EUROPEAN COMMISSION, Having regard to the Treaty on the Functioning of the European Union, and in particular the first subparagraph of Article 108(2) thereof, Having regard to the Agreement on the European Economic Area, and in particular Article 62(1)(a) thereof, Having called on interested parties to submit their comments pursuant to the those provisions cited above, Whereas: I. PROCEDURE (1) By Decision C(2007) 6555 of 19 December 2007 (!), the Commission decided to initiate the procedure laid down in Article 108(2) of the Treaty, in respect of a number of financial flows and transfers to and from Olympic Airways Services and Olympic Airlines and to look into possible State aid granted to both companies since the adoption of Decision C(2005) 2706 of 14 September 2005 (). (2) By Decision C(2008) 5073 of 17 September 2008 (}) the Commission partially closed case C61/2007 (ex NN 71/07), finding that Greece had through various acts and omissions granted illegal State aid incompatible with the internal market to Olympic Airlines (OAL) and Olympic Airways Services (OAS). (3)  The Commission found that as regards potential State aid to Olympic Airways Services by way of payments made in respect of a number of arbitral awards (¥), further detailed examination was required and accordingly excluded this issue from the scope of its decision. This was left to be dealt with at a later stage. (4) By Decision C(2008) 5074 () of 17 September 2008 the Commission authorised the sale of certain OAL and OAS assets. This decision provided that since OAL and OAS had ceased trading and were to be placed into li- quidation their remaining assets would be sold by the liquidator through the liquidation procedure. A Monitoring Trustee was appointed. (5) By letters of 8 October 2010, 26 July 2011, 12 October 2011, 7 March 2012, 16 November 2012, 7 February 2013, 25 June 2013 and 19 December 2013 the Commission enquired as to the details and progress of the li- quidation process. (6)  The Greek authorities replied by letters of 8 November 2010, 11 August 2011, 15 December 2011, 10 July 2012, 4 February 2013, 22 April 2013 and 5 August 2013. II. DESCRIPTION (7)  Since 2002 three final negative State aid decisions involving various companies of the Olympic group (Olympic Airways, Olympic Aviation, Olympic Airways Services and Olympic Airlines) (°) identified specific measures granting financial resources exclusively to companies within that group. () State aid to Olympic Airways Services/Olympic Airlines — State aid C 61/07 (ex NN 71/07) (O] C 50, 23.2.2008, p. 13). () OJL45,18.2.2011,p. 1. () http:|[ec.europa.eu/competition/state_aid/cases/223423/223423_868403_62_1.pdf. (*) Resulting from a number of actions for damages by OAS against the Greek State. () 0]C18,23.1.2010, p. 9. (®) Commission Decision C(2003) 372 of 11 December 2002 closing C19/2002. Commission Decision C(2005) 2706 of 14 September 2005 closing C11/2004. Commission Decision C(2008) 5073 of 17 September 2008 partially closing C61/2007.