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2012/706/EU: Commission Decision of 13 July 2011 on the… Article 3

2012/706/EU: Commission Decision of 13 July 2011 on the… Article 3

Article 3

1.   Bulgaria shall recover the aid referred to in Article 2 from the beneficiary. 2.   The sums to be recovered shall bear interest from 1 January 2007 until their actual recovery. 3.   The interest shall be calculated on a compound basis in accordance with Chapter V of Commission Regulation (EC) No 794/2004  ( 20 ) .

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Other provisions in 2012/706/EU: Commission Decision of 13 July 2011 on the…

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 3 of 2012/706/EU: Commission Decision of 13 July 2011 on the… (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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