98/635/ECSC: Commission Decision of 3 June 1998 on additional financial measures by Spain in respect of the coal industry in 1994, 1995 and 1996 [notified under document number C(1998) 2043] (Only the Spanish text is authentic) (Text with EEA relevance)
Data as of 2026-07-04 Β· Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Β· Read the official text β
The amendments which Spain proposes to make to the broad objectives of the activity reduction plans for 1994 to 1997 for the companies Hunosa, Minas de Figaredo SA and Mina de la Camocha SA are not in line with the general and specific objectives of Decision No 3632/93/ECSC. Consequently, the Commission issues a negative opinion on those amendments.
Spain is hereby authorised to grant to the companies Hunosa, Minas de Figaredo SA and Mina de la Camocha SA the following additional aid for 1994, 1995 and 1996: (a) aid for the reduction of activity of ESP 20 452 million to cover the operating losses of Hunosa and Minas de Figaredo SA under Article 4 of Decision No 3632/93/ECSC; (b) aid of ESP 43 305 million to cover exceptional welfare aid paid to workers who lose their jobs as a result of the measures to restructure, rationalise, modernise and reduce the activity of the Spanish coal industry, under Article 5 of Decision No 3632/93/ECSC; (c) aid of ESP 3 296 million to cover exceptional additional costs of closing installations as a result of the measures to restructure, rationalise, modernise and reduce the activity of the Spanish coal industry, under Article 5 of Decision No 3632/93/ECSC.
Spain shall notify the Commission, by 30 September 1998 at the latest, of the amount of aid actually paid to Hunosa, Minas de Figaredo SA and Mina de la Camocha SA in respect of 1994, 1995 and 1996.
This Decision is addressed to the Kingdom of Spain. Done at Brussels, 3 June 1998. For the Commission Christos PAPOUTSIS Member of the Commission (1) OJ L 329, 30. 12. 1993, p. 12. (2) BoletΓn Official del Estado No 312, p. 37519. (3) OJ L 385, 31. 12. 1994, p. 31. (4) OJ C 137, 3. 5. 1997, p. 6. (5) OJ L 259, 12. 10. 1996, p. 14. (6) OJ L 253, 5. 10. 1996, p. 15. (7) OJ L 57, 10. 3. 1993, p. 26.
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