92/330/EEC: Commission Decision of 18 December 1991 on aid by Germany to the Deggendorf textile works (Only the German text is authentic)

• Articles: 4

Article 1

The aid in the form of two subsidized loans of DM 2,8 million and DM 3 million granted to Textilwerke Deggendorf GmbH for 15 years and eight years respectively at 4,5 % interest with a three-year grace period and notified to the Commission by letter dated 25 February 1991 from the German authorities is compatible with the common market within the meaning of Article 92 of the EEC Treaty.

Article 2

The German authorities shall suspend payment to Deggendorf of the aid referred to in Article 1 of this Decision until such time as they have recovered the incompatible aid referred to in Article 1 of Decision 86/509/EEC.

Article 3

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

Article 4

This Decision is addressed to the Federal Republic of Germany. Done at Brussels, 18 December 1991. For the Commission

Leon BRITTAN

Vice-President

(1) OJ No C 207, 8. 8. 1991, p. 6. (2) OJ No L 300, 24. 10. 1986, p. 34. (3) Letter of 27 June 1991 and OJ No C 207, 8. 8. 1991. (4) Judgment of 3 October 1991 in Case 261/89, not yet reported.