96/591/ECSC: Commission Decision of 30 April 1996 on financial measures by Spain in respect of the coal industry in 1995 and additional financial measures in respect of the coal industry in 1994 (Only the Spanish text is authentic) (Text with EEA relevance)

• Articles: 5

Article 1

Spain is hereby authorized to grant additional aid totalling Pta 10 362 million to cover operating losses by coal undertakings in 1994.

Article 2

Spain is hereby authorized to pay the following aid for 1995:

- aid of Pta 119 303 million to cover operating losses by coal undertakings,

- aid of Pta 14 723 million to cover exceptional welfare aid paid to workers who lose their jobs as a result of the measures to modernize, rationalize, restructure and reduce the activity of the Spanish coal industry,

- aid of Pta 7 140 million to cover the technical costs of closing down mining installations as a result of the measures to modernize, rationalize, restructure and reduce the activity of the Spanish coal industry,

- aid of Pta 50 million for research and development projects,

- aid of Pta 100 million for environmental protection.

Article 3

Spain shall ensure that any unspent or overestimated aid for any item covered by this Decision is repaid to it.

Article 4

Spain shall notify the Commission, by 30 June 1996 at the latest, of the amount of aid actually paid in respect of the 1995 financial year.

Article 5

This Decision is addressed to the Kingdom of Spain.

Done at Brussels, 30 April 1996.

For the Commission

Christos PAPOUTSIS

Member of the Commission

(1) OJ No L 329, 30. 12. 1993, p. 12.

(2) OJ No L 385, 31. 12. 1994, p. 31.

(3) Boletín Oficial del Estado No 313, 31. 12. 1994, p. 39362.