2012/320/EU: Commission Decision of 25 January 2012 concerning the aid granted by Greece to cereal-producing farmers and cereal-collecting cooperatives (SA 27354 (C 36/10) (ex NN 3/10, ex CP 11/09)) (notified under document C(2011) 9335) Text with EEA relevance
Data as of 2026-07-04 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
The scheme established in favour of cereal-producing farmers and cereal-collecting agricultural cooperatives under Ministerial Decisions No 56700/Β.3033/8.12.2008 and No 2/88675/0025/9.2.2008 in the form of a loan guaranteed by the Greek State with an interest-rate subsidy constitutes State aid. This State aid granted by Greece illegally, in breach of Article 108(3) of the Treaty on the Functioning of the European Union, is incompatible with the internal market.
Individual aid granted under the scheme referred to in Article 1 does not constitute aid if, at the time it was granted, it met the conditions laid down in a regulation adopted pursuant to Article 2 of Regulation (EC) No 994/98 and that was applicable at the time the aid was granted.
Individual aid granted under the scheme referred to in Article 1 which, at the time it was granted, met the conditions laid down in a regulation adopted pursuant to Article 1 of Regulation (EC) No 994/98 or under another approved aid scheme is compatible with the internal market up to the maximum aid intensities that apply to that type of aid.
1. Greece shall recover the incompatible aid granted under the scheme referred to in Article 1 from the beneficiaries. 2. The sums to be recovered shall include interest calculated from the date on which the aid was put at the disposal of the beneficiaries until the date of actual recovery. 3. The interest shall be calculated on a compound basis in accordance with Chapter V of Commission Regulation (EC) No 794/2004 ( 16 ) . 4. Greece shall cancel all outstanding payments under the aid scheme referred to in Article 1 from the date of notification of this Decision.
1. Recovery of the aid referred to in Article 1 shall be immediate and effective. 2. Greece shall ensure that this Decision is implemented within four months of the date of its notification.
1. Within two months of notification of this Decision, Greece shall submit the following information to the Commission: (a) a list of the beneficiaries who have received aid under the scheme referred to in Article 1 and the total amount of aid received by each of them; (b) the total amount (principal and interest) to be recovered from each beneficiary; (c) a detailed description of the measures already taken and planned to comply with this Decision; (d) documents demonstrating that the beneficiaries have been asked to refund the aid. 2. Greece shall keep the Commission informed of the progress of the national measures taken to implement this Decision until recovery of the aid referred to in Article 1 has been completed. It shall immediately submit, on simple request by the Commission, 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 interest already recovered from the beneficiaries.
This Decision is addressed to the Hellenic Republic.
Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.