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97/612/EC: Commission Decision of 16 April 1997 on aid… Article 2

Article 2

1. Italy shall be required to abolish the aid referred to in Article 1 within two months from the date of notification of this Decision. 2. Within six months from the date of notification of this Decision Italy shall be required to adopt the measures necessary to recover, by means of reimbursement, the aid referred to in Article 1. 3. Reimbursement shall be in accordance with the procedures laid down in Italian law; interest shall accrue from the date on which the aid was paid. The interest rate applicable shall be the reference rate used to determine subsidy equivalent in the context of regional aid.

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Other provisions in 97/612/EC: Commission Decision of 16 April 1997 on aid…

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 2 of 97/612/EC: Commission Decision of 16 April 1997 on aid… (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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