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97/753/EC: Commission Decision of 12 March 1997 concerning… Article 1

97/753/EC: Commission Decision of 12 March 1997 concerning… Article 1

Article 1

Both the capital injection of DM 10 million and the unilateral guarantee - since withdrawn - for DM 60 million, which were provided by the Land of Lower Saxony to Aircraft Services Lemwerder GmbH (ASL), constitute illegal aid because they were not notified to the Commission before being granted, in breach of Article 93 (3) of the EC Treaty. However, they satisfy the criteria laid down in the Community guidelines on State aid for rescuing and restructuring firms in difficulty and are therefore compatible with the common market within the meaning of Article 92 (3) (c) of the EC Treaty and Article 61 (3) (c) of the EEA Agreement, on condition that Germany refrain until 31 December 2001 from granting ASL any ad hoc aid to finance capacity-enhancing projects or to cover any losses incurred by it.

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Other provisions in 97/753/EC: Commission Decision of 12 March 1997 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 97/753/EC: Commission Decision of 12 March 1997 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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