1999/196/ECSC: Commission Decision of 14 July 1998 on… Article 2
1999/196/ECSC: Commission Decision of 14 July 1998 on… Article 2
Article 2
Germany shall, in accordance with the provisions of German law relating to the recovery of amounts owed to the State, recover the DEM 12 million which is the full amount guaranteed in favour of Eisen- und Stahlwalzwerke Rötzel GmbH in Nettetal. In order to nullify the effects of the aid, interest shall be charged on that amount from the date on which the aid was granted to the date on which it is repaid. The rate of interest shall be that applied by the Commission in calculating the net grant equivalent of regional aid during the period in question.
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 1999/196/ECSC: Commission Decision of 14 July 1998 on… (LawPlayer, data as of 2026-07-04)
