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94/813/EC: Commission Decision of 27 July 1994 concerning… Article 1

Article 1

The aid granted to pig producers as part of the advances made under the group membership of the Caisse Professionelle de Régulation Porcine (Stabiporc regulatory fund) and the agreement concerning the relaunch of the said fund for the period 1993-96 is illegal, having been granted in breach of Article 93 (3) of the Treaty. This aid is also incompatible with the common market within the meaning of Article 92 of the treaty. The aid referred to in paragraph 1 covers: - the amounts resulting from the difference between the interest rate applied to advances paid to producer groups Stabiporc (the Pibor 12-month rate plus 0.5 %) and the interest rate at which those groups could have obtained them through Stabiporc from financial institutions under normal market conditions, the latter rate to be determined on the basis of the interest rates offered to companies for variable-rate loans of an initial duration of more than two years, and - advances not repaid by pig-farmers' producer groups and borne by Ofival.

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Other provisions in 94/813/EC: Commission Decision of 27 July 1994 concerning…

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 1 of 94/813/EC: Commission Decision of 27 July 1994 concerning… (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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