97/807/EC: Commission Decision of 30 April 1997 concerning aid granted by Spain to the aerospace company Construcciones Aeronáuticas, SA (Casa) (Only the Spanish text is authentic) (Text with EEA relevance)

• Articles: 4

Article 1

Aid for Pta 3 621 million paid by Spain in the period 1991 to 1993 to Construcciones Aeronáuticas, S.A. is illegal. Pta 1 704 million is compatible with the common market and Pta 1 917 million is incompatible.

Article 2

Spain shall recover from Construcciones Aeronáuticas, SA the amount of Pta 1 917 million, with interest from the date of granting the illegal aid until the date of repayment, calculated in accordance with national rules. The interest rate is the reference interest rate for Spain used by the Commission for the evaluation of the aid element in regional investment aid.

Article 3

Spain shall inform the Commission within two months of the notification of this Decision of the measures taken to comply herewith.

Article 4

This Decision is addressed to the Kingdom of Spain.

Done at Brussels, 30 April 1997.

For the Commission

Karel VAN MIERT

Member of the Commission

(1) OJ C 63, 14. 3. 1995, p. 4.

(2) Competition law in the European Communities, Volume IIA, Rules applicable to State aid, 1995, p. 103.

(3) OJ C 45, 17. 2. 1996, p. 5.

(4) OJ C 83, 11. 4. 1986, p. 2.

(5) See the (unpublished) Commission Decisions for aid schemes E 7/87 (Prototypes, Belgium, Decision of 28 October 1988), NN 7/87 (ANVAR, France, Decision of 5 July 1989), N 297/89 (TOK, the Netherlands, Decision of 28 March 1990), N 463/90 (Atout-PUMA, France, Decision of 24 October 1990).

(6) OJ L 117, 8. 5. 1990, p. 28.

(7) OJ L 126, 18. 5. 1994, p. 1.