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Decision

89/43/EEC: Commission Decision of 26 July 1988 on aids granted by the Italian Government to ENI-Lanerossi (Only the Italian text is authentic)

CELEX
Date of document
Articles
4
Source
EUR-Lex
Article 1

The aids granted between 1983 and 1987 to ENI/Lanerossi in the form of capital injections in favour of the group's men's outer wear subsidiaries and amounting to Lit 260,4 billion are illegal as they were provided in violation of the provisions of Article 93 (3) of the EEC Treaty. Moreover, they are incompatible with the common market within the meaning of Article 92 of the Treaty.

Article 2

These aids shall be withdrawn by recovery.

Article 3

The Italian Government shall inform the Commission within two months of the date of notification of this Decision of the measures taken to comply herewith.

Article 4

This Decision is addressed to the Italian Republic.

Done at Brussels, 26 July 1988.

For the Commission

Peter SUTHERLAND

Member of the Commission

(1) OJ No L 217, 14. 8. 1985, p. 20.

(2) OJ No L 155, 14. 6. 1985, p. 55.

(3) OJ No L 312, 30. 11. 1984, p. 27.

4 articles

Cite this act

89/43/EEC: Commission Decision of 26 July 1988 on aids granted by the Italian Government to ENI-Lanerossi (Only the Italian text is authentic) (EUR-Lex). Retrieved via LawPlayer, https://lawplayer.com/eu/act/31989D0043

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