95/466/EC: Commission Decision of 26 July 1995 concerning… Article 3
95/466/EC: Commission Decision of 26 July 1995 concerning… Article 3
Article 3
Belgium is hereby required to order that the aid component, equal to interest charged at 9,3 % on the loan of Bfrs 20 million granted to VLM by the Flemish Region since the date on which the loan was granted, be repaid within two months of notification of this Decision. The money is to repaid in accordance with Belgian law, including the provisions concerning interest due for late payment of amounts owing to the State or public authorities. The rate of such interest is to be the reference rate used in the evaluation of regional aid measures, the interest running from the date on which the aid was awarded.
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CitationArticle 3 of 95/466/EC: Commission Decision of 26 July 1995 concerning… (LawPlayer, data as of 2026-07-04)