Article 4
This Decision is addressed to the Italian Republic. Done at Brussels, 11 May 1999. For the Commission Franz FISCHLER Member of the Commission (1) OJ C 88, 19.3.1997, p. 4. (2) See footnote 1. (3) Possible only if the debtor is able to cover all its preferential credits and 40 % of unsecured credits. (4) OJ L 177, 1.7.1981, p. 4. (5) OJ L 159, 3.6.1998, p. 38. (6) OJ L 126, 9.5.1989, p. 1. (7) OJ L 34, 13.2.1996, p. 16. (8) OJ C 368, 23.12.1994. (9) OJ C 283, 19.9.1997, p. 2. (10) ECR [1994] I-4635. (11) ECR [1994] I-4635, point 24 of the judgment. (12) ECR [1994] I-4635, point 25 of the judgment. (13) These figures refer to intervention in the two sugar factories which were the property of Nusam at the time (Celano and Strongoli). (14) See footnote 13. (15) The remainder of this credit (ITL 17504 million) was lost following the declaration of bankruptcy by Nusam. (16) ECR [1995] II-1971. (17) ECR [1995] II-1971, point 129 of the judgment. (18) The reference rate in Italy was 14,66 % in 1990 and 14,4 % in 1992. (19) ECR [1995] II-1675. (20) Commission letter to the Member States dated 5 April 1989 and 12 October 1989. (21) OJ C 307, 13.11.1993, p. 3. (22) Bulletin 9-1984. (23) OJ C 74, 10.3.1998, p. 9. (24) OJ L 51, 23.2.1977, p. 1. (25) OJ L 91, 6.4.1990, p. 1. (26) OJ L 142, 2.6.1997, p. 22. (27) OJ C 29, 2.2.1996, p. 4. (28) See footnote 24. (29) ECR [1980] 2671. (30) ECR [1973] 813. (31) ECR [1987] 901. (32) ECR [1990] I-3437.