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98/234/EC: Commission Decision of 15 July 1997 concerning… Article 2

98/234/EC: Commission Decision of 15 July 1997 concerning… Article 2

Article 2

In reaching this Decision, the Commission takes note of the following undertakings provided by the Italian authorities: - apart from the sums as set out in Article 1, no further assistance shall be given to Lloyd or Italia for the privatisation of those two companies; the authorities shall proceed with the planned privatisation of Lloyd and Italia in a transparent manner by way of competitive tender, in accordance with the conditions in the XXIIIrd competition report as set out above, - the Italian Government further confirmed its intention to complete the sale of two companies within three months following the time-limit for submission of bids. The tender notice shall be published for the sale of the aforementioned companies at the latest by the end of December 1997. The Italian authorities shall provide the Commission with a report showing the results of the privatisation, including the sales price, within three months of the signing of the sales contract.

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Other provisions in 98/234/EC: Commission Decision of 15 July 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 2 of 98/234/EC: Commission Decision of 15 July 1997 concerning… (LawPlayer, data as of 2026-07-04)

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