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2011/471/EU: Commission Decision of 14 December 2010 on… Article 2

2011/471/EU: Commission Decision of 14 December 2010 on… Article 2

Article 2

1.   Germany shall recover the aid referred to in Article 1 from the recipient. 2.   Recovery shall be effected without delay and in accordance with the procedures of national law, provided these allow the immediate and effective enforcement of this Decision. 3.   The sums to be recovered shall bear interest from the date on which the aid was placed at the disposal of the recipient until their actual recovery. 4.   The interest shall be calculated on a compound basis in accordance with Chapter V of Commission Regulation (EC) No 794/2004  ( 27 ) . 5.   With effect from the date of notification of this Decision, Germany shall cancel all outstanding payments of the aid referred to in Article 1.

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Other provisions in 2011/471/EU: Commission Decision of 14 December 2010 on…

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 2011/471/EU: Commission Decision of 14 December 2010 on… (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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