2008/366/EC: Commission Decision of 30 January 2008 on State aid C 35/06 (ex NN 37/06) implemented by Sweden for Konsum Jämtland Ekonomisk Förening (notified under document number C(2008) 311) (Text with EEA relevance)

• Articles: 5

Article 1

The State aid, amounting to SEK 4,6 million, unlawfully granted by Sweden, in breach of Article 88(3) of the Treaty, to Konsum Jämtland Ekonomisk Förening is incompatible with the common market.

Article 2

1.   Sweden shall recover from the beneficiary the aid referred to in Article 1.

2.   The sum to be recovered shall bear interest for the entire period running from the date on which it was put at the disposal of the beneficiary until its actual recovery.

3.   The interest shall be calculated as capitalised interest in conformity with Chapter V of Commission Regulation (EC) No 794/2004.

Article 3

1.   Recovery of the aid referred to in Article 1 shall be immediate and effective.

2.   Sweden shall ensure that this Decision is implemented within four months of the date of its notification.

Article 4

1.   Within two months of the notification of this Decision, Sweden shall submit the following information to the Commission:

(a)

The total amount (principal and recovery interest) to be recovered from the beneficiary;

(b)

A detailed description of the measures already taken and planned to comply with this decision;

(c)

Documents demonstrating that the beneficiary has been ordered to repay the aid.

2.   Sweden shall keep the Commission informed about the progress of the national measures taken to implement the recovery of the aid referred to in Article 1 until it has been completed. It shall immediately submit, at the Commission’s request, information on the measures already taken and planned to comply with this Decision. It shall also provide detailed information concerning the amounts of aid and recovery interest already recovered from the beneficiary.

Article 5

This Decision is addressed to the Kingdom of Sweden.