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2012/320/EU: Commission Decision of 25 January 2012… Article 4

2012/320/EU: Commission Decision of 25 January 2012… Article 4

Article 4

1.   Greece shall recover the incompatible aid granted under the scheme referred to in Article 1 from the beneficiaries. 2.   The sums to be recovered shall include interest calculated from the date on which the aid was put at the disposal of the beneficiaries until the date of actual recovery. 3.   The interest shall be calculated on a compound basis in accordance with Chapter V of Commission Regulation (EC) No 794/2004  ( 16 ) . 4.   Greece shall cancel all outstanding payments under the aid scheme referred to in Article 1 from the date of notification of this Decision.

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Other provisions in 2012/320/EU: Commission Decision of 25 January 2012…

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 4 of 2012/320/EU: Commission Decision of 25 January 2012… (LawPlayer, data as of 2026-07-04)

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