The aid amounting to a grant of DM 6,12 million under the joint Federal Government/Laender regional aid scheme (Gemeinschaftsaufgabe), and to a loan of DM 11 million at an interest rate of 5 % and running for 8 years under the Bavarian regional aid programme, both granted to a producer of polyamide and polyester yarn situated at Deggendorf during the period between 1981 and the end of 1983, and of which the Federal Government belatedly informed the Commission by letters of 22 March and 25 July 1985, is illegal as it was provided in violation of the provisions of Article 93 (3) of the EEC Treaty. Moreover, it is incompatible with the common market within the meaning of Article 92 of the Treaty.
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86/509/EEC: Commission Decision of 21 May 1986 on aid granted by the Federal Republic of Germany and the Land of Bavaria to a producer of polyamide and polyester yarn situated in Deggendorf (Only the German text is authentic)
The aid referred to in Article 1 shall be drawn by recovery and the Federal Republic of Germany shall inform the Commission within two months of the date of notification of this Decision of the measures taken to comply herewith.
This Decision is addressd to the Federal Republic of Germany.
Done at Brussels, 21 May 1986.
For the Commission
Peter SUTHERLAND
Member of the Commission
(1) ECR, 1973, p. 813.
(1) OJ No L 181, 13. 7. 1985, p. 42.
Cite this act
86/509/EEC: Commission Decision of 21 May 1986 on aid granted by the Federal Republic of Germany and the Land of Bavaria to a producer of polyamide and polyester yarn situated in Deggendorf (Only the German text is authentic) (EUR-Lex). Retrieved via LawPlayer, https://lawplayer.com/eu/act/31986D0509
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