Article 1
The measures contained in GAN's restructuring plan in the form of a FRF 2,86 billion capital increase carried out in 1995, other capital increases planned for 1997 totalling FRF 11 billion, and the commitment entered into by the State to cover the losses up to an amount estimated at FRF 9 billion which GAN will determine when the guarantees on the hive-off vehicles are invoked, are State aid within the meaning of Article 92(1), but they are hereby declared compatible with the common market and with the EEA Agreement pursuant to Article 92(3)(c) of the EC Treaty and Article 61(3)(c) of the EEA Agreement. In view of the uncertainty surrounding certain elements of the plan, a margin of error of ± 10 % is to be incorporated in the value of the State's commitment towards the GAN group and the aid shall be limited to FRF 23,76 billion.