The aid which Italy has granted to Istituto Poligrafico e Zecca dello Stato, amounting to ITL 80 billion a year for the next twenty years (equivalent to ITL 1100 billion at present value), is compatible with the common market subject to the conditions set out in Article 2.
Italy shall implement the restructuring plan of Istituto Poligrafico e Zecca dello Stato and shall submit half-yearly reports on the progress of the restructuring plan, starting on 1 July 2001.
Italy shall inform the Commission, within two months of notification of this Decision, of the measures taken to comply with it.
This Decision is addressed to the Italian Republic.
Done at Brussels, 25 April 2001.
For the Commission
Mario Monti
Member of the Commission
(1) OJ C 133, 13.5.1999, p. 1; OJ C 272, 23.9.2000, p. 17.
(2) Article 2 of Law No 559/66, as modified by Article 2 of Legislative Decree No 166 von 1999.
(3) Commission communication on the application of Articles 92 and 93 of the EC Treaty and of Article 5 of Commission Directive 80/723/EEC to public undertakings in the manufacturing sector (OJ C 307, 13.11.1993, p. 3, Section III).
(4) See aforementioned communication, paragraph 16.
(5) Case 730/79 Philip Morris v Commission [1980] ECR 2671.
(6) OJ C 368, 23.12.1994.