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2003/277/EC: Council Decision of 8 April 2003 concerning the assumption by the Italian State and the Sicilian Region of responsibility for expenditure over and above that established under the Council Decision of 22 July 1997 relating to security provided personally by members of agricultural cooperatives in a situation of established insolvency

2003/277/EC: Council Decision of 8 April 2003 concerning the assumption by the Italian State and the Sicilian Region of responsibility for expenditure over and above that established under the Council Decision of 22 July 1997 relating to security provided personally by members of agricultural cooperatives in a situation of established insolvency

Decision Β· 2 articles

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†—

Article 1

The financial support provided for by Article 126 of Italian Law No 388/2000 of 23 December 2000 and by Articles 2 and 3 of Sicilian Regional Law No 37/1994 of 10 October 1994, and the support provided for by draft Regional Law No 392/2002 of 15 May 2002 shall be regarded as being compatible with the common market, in accordance with the third subparagraph of Article 88(2) of the EC Treaty under the same conditions as the Council Decision of 22 July 1997. This financial support has been calculated on the basis of the amount of security provided personally by members of agricultural cooperatives to those cooperatives, the insolvency of which has been established, and for which the State budget shall assume responsibility up to the amount of EUR 118785086,79 and EUR 80165000 for the national law and regional law respectively.

Article 2

This Decision is addressed to the Italian Republic. Done at Luxembourg, 8 April 2003. For the Council The President G. Drys

Source: EUR-Lex (Publications Office of the EU), Β© European Union, reuse permitted under Commission Decision 2011/833/EU.

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