1999/678/EC: Commission Decision of 3 March 1999 concerning… Article 3

Article 3

Italy shall abolish the part of the aid scheme in question that is not covered by the de minimis rule and shall take the necessary steps to recover the aid granted illegally and described in Article 1 of this Decision. Where the financial position of a firm receiving aid referred to in Article 1 of this Decision would have afforded it normal access to the capital market without the State guarantee, recovery shall apply only to the interest subsidy. Where a recipient would not have been able to obtain the loan in question without the State guarantee, the full amount of aid shall be recovered.