The increase in the rate of aid by 4,5 % of the contract price for contracts to convert the Regal Voyager and Sally Albatros at the INMA SpA shipyard, provided for by Law No 132/94 and notified by Italy by letter of 27 May 1997, is incompatible with the common market.
Italy is not authorised to grant the aid referred to in Article 1.
Italy shall inform the Commission within two months of the date of notification of this Decision of the measures it has taken to comply with it.
This Decision is addressed to the Republic of Italy.
Done at Brussels, 11 November 1998.
For the Commission
Karel VAN MIERT
Member of the Commission
(1) OJ L 380, 31.12.1990, p. 27.
(2) OJ L 351, 31.12.1994, p. 10.
(3) OJ L 332, 31.12.1995, p. 1.
(4) OJ L 351, 23.12.1997, p. 18.
(5) OJ C 377, 12.12.1997, p. 4.
(6) [1993] ECR I-2323.
(7) Ibidem, paragraphs 31, 32 and 33 of the judgment.