84/416/EEC: Commission Decision of 27 June 1984 concerning the French Government's intention to accord special exchange risk cover to French exporters in respect of a tender for the construction of a power station in Greece
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The French Government shall not offer French exporters exchange-rate cover in respect of the tender for the construction of a power station in Greece (Megalopolis IV) as this constitutes an aid which is incompatible with the common market within the meaning of Article 92 (1) of the EEC Treaty and does not fall within the scope of any of the exceptions laid down in Article 92 (3) of the EEC Treaty, irrespective of the rules governing the proposed aid.
The French Government shall confirm to the Commission within four weeks of the date of this Decision that it will not provide exchange-risk cover for the contract referred to in Article 1.
This Decision is addressed to the French Republic. Done at Brussels, 27 June 1984. For the Commission Frans ANDRIESSEN Member of the Commission (1) 1969 ECR, p. 523.
Source: EUR-Lex (Publications Office of the EU), Β© European Union, reuse permitted under Commission Decision 2011/833/EU.