1999/140/ECSC: Commission Decision of 17 June 1998 concerning aid granted by Luxembourg to Profil Arbed in connection with its investment in environmental protection (notified under document number C(1998) 1764) (Only the French text is authentic) (Text with EEA relevance)

• Articles: 4

Article 1

The State aid totalling LUF 91,95 million granted to ARBED by Luxembourg is incompatible with the common market for coal and steel under Article 4(c) of the ECSC Treaty.

Article 2

Luxembourg shall recover the aid in question in accordance with the provisions of national law applicable to the recovery of amounts owed to the State. In order to offset the effects of such aid, interest shall be added, calculated from the day on which the aid was granted up until the time of recovery. The interest rate applicable shall be that used by the Commission to calculate the net grant equivalent for regional aid in the period under consideration.

Article 3

Luxembourg 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 Grand Duchy of Luxembourg.

Done at Brussels, 17 June 1998.

For the Commission

Karel VAN MIERT

Member of the Commission

(1) OJ L 338, 28. 12. 1996, p. 42.

(2) OJ C 212, 3. 8. 1994, p. 7.

(3) OJ L 362, 31. 12. 1991, p. 57.

(4) OJ C 72, 10. 3. 1994, p. 3.

(5) OJ C 400, 31. 12. 1994, p. 10.

(6) [1997] ECR II-1433.

(7) See footnote 5.