2002/899/EC: Commission Decision of 7 May 2002 on State aid… Article 1

Article 1

The state aid which Spain has planned to implement for Ford España SA for the project relating to the production of the new I4 engine is compatible with the common market within the meaning of Article 87(3)(a) of the Treaty, up to a maximum intensity of 5,11 % gross grant equivalent of the eligible investment, which is EUR 217439000, discounted at a rate of 5,7 % (base year 2000). Implementation of the aid, amounting to no more than EUR 11111146, discounted at the rate of 5,7 % (base year 2000), is accordingly authorised.