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Commission Decision (EU) 2016/2084 of 10 June 2016 on State aid SA.38132 (2015/C) (ex 2014/NN) — additional PSO compensation for Arfea (notified under document C(2016) 3472) (Text with EEA relevance )

CELEX
32016D2084
Document type
DEC
Sector
Legislation
Date of document
2016-06-10
In force since
2016-11-29
Status
In force

Text

Article-level text, parsed from the formex manifestation.

Article 1

The State aid amounting to EUR 1299594 unlawfully granted by the Italian Republic, in breach of Article 108(3) of the Treaty on the Functioning of the European Union, in favour of Arfea is incompatible with the internal market.

Article 2

1 The Italian Republic shall recover the aid referred to in Article 1 from the beneficiary.

2 The sums to be recovered shall bear interest from 7 February 2014 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 and to Commission Regulation (EC) No 271/2008 amending Regulation (EC) No 794/2004.

4 The Italian Republic shall cancel all outstanding payments of the aid referred to in Article 1 with effect from the date of adoption of this Decision.

Article 3

1 Recovery of the aid referred to in Article 1 shall be immediate and effective.

2 The Italian Republic shall ensure that this Decision is implemented within four months following the date of notification of this Decision.

Article 4

1 Within two months following notification of this Decision, the Italian Republic shall submit the following information to the Commission: (a) the total amount (principal and recovery interests) to be recovered from the beneficiary; (b) a detailed description of the measures already taken and planned to comply with this Decision; (c) documents demonstrating that the beneficiary has been ordered to repay the aid.

2 The Italian Republic shall keep the Commission informed of the progress of the national measures taken to implement this Decision until recovery of the aid referred to in Article 1 has been completed. It shall immediately submit, on simple request by the Commission, information on the measures already taken and planned to comply with this Decision. It shall also provide detailed information concerning the amounts of aid and recovery interest already recovered from the beneficiary.

Article 5

This Decision is addressed to the Italian Republic.

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