2000/425/EC: Commission Decision of 16 November 1999 on aid granted by France to Gooding Consumer Electronics Ltd in connection with the purchase of the former Grundig plant at Creutzwald (notified under document number C(1999) 4230) (Text with EEA relevance) (Only the French text is authentic)

• Articles: 4

Article 1

The state aid totalling FRF 36 million granted by France to Gooding Electronique SA is incompatible with the common market.

Article 2

1. France shall take the necessary steps to recover from the recipient the aid referred to in Article 1 which has already been unlawfully paid.

2. The aid shall be recovered forthwith in accordance with the procedures of national law, insofar as they permit the immediate and effective enforcement of this Decision. The aid to be recovered shall include interest calculated from the date on which the aid was granted to the date on which it is recovered. The interest shall be calculated on the basis of the reference rate used to calculate the grant equivalent of regional aid.

Article 3

France shall inform the Commission within two months of the date of notification of this Decision of the measures it has taken to comply herewith.

Article 4

This Decision is addressed to the French Republic.

Done at Brussels, 16 November 1999.

For the Commission

Mario Monti

Member of the Commission

(1) The Commission decision was communicated to the French authorities by letter of 1 December 1986.

(2) OJ C 198, 24.6.1998, p. 12.

(3) SG(98)D/3213.

(4) OJ C 179, 11.6.1998, p. 9.

(5) OJ C 368, 23.12.1994, p. 12.

(6) OJ C 282, 26.10.1995, p. 11.

(7) Source:

Grundig.

(8) Commission v Germany [1973] ECR 813.

(9) Deufil v Commission [1987] ECR 901.

(10) Commission v Germany [1990] ECR I-3437.