commiss decis april aid grant spain public integr steel compani corporación de la siderurgia integr spanish text authent ecsc commiss european commun regard treati establish european coal steel commun paragraph articl thereof aft consult consult committe unanim assent council commun steel industri experienc difficult period half due gener slowdown economi signific effect industri activ gener steel industri lead imbal suppli demand accompani collaps price addit intern market gener weak pressur import trade disput usa affect substanti commun export market factor combin aggrav financi situat steel compani commun ii april spain notifi commiss plan restructur spanish public integr steel compani corporación de la siderurgia integr csi incorpor ensidesa alto horno de vizcaya ahv financ intend support plan restructur plan submit subsequ revis envisag ahv ensidesa ceas oper activ compani asset liabil transfer includ number industri commerci social financi restructur measur complet end plan definit closur end ahv steel make facil includ hot strip mill ansio closur ensidesa plant involv total capac reduct million tonn pig iron million tonn liquid steel million tonn hot roll coil compani major privat sector particip envisag forward propos invest compact strip product unit sestao capac million tonn partial replac ansio hot strip mill plan envisag reduct workforc person reduct financ plan revis includ aid element incompat ecsc treati provis commiss decis ecsc steel aid code commiss estim aid amount maximum pta billion serv purpos capit inject maximum pta billion compani public sharehold ahv ensidesa social aid maximum pta billion maximum pta billion form capit convers ini credit amount ensidesa maximum pta billion cover conting maximum pta billion form loss compens cover addit oper loss financi charg origin forecast plan reduc turnov aris bring forward ansio closur addit social aid maximum pta billion author separ commiss compat articl decis ecsc iii commiss assist extern expert assess viabil restructur plan appli criteria impos commiss previou restructur commun steel industri viabil plan sestao invest assess basi consult find commiss conclud provid restructur plan revis implement strictli compani achiev viabil normal market condit end iv extrem difficult commun steel market situat endang sector member state includ spain aim provid spanish public integr steel industri sound econom viabl structur contribut achiev object ecsc treati articl commiss consid public financi assist measur propos spain achiev aim commiss find face situat specif provid treati except circumst recours made paragraph articl treati enabl commun pursu object set initi articl thereof time essenti ensur aid approv limit absolut advers affect trade condit commun extent contrari common interest current difficulti commun steel market import adequ counterpart measur commensur amount aid exception approv major contribut made structur adjust requir sector propos creation hot roll capac sestao partial replac hot strip mill ansio regard delink aid restructur plan creation compani major privat sector particip forward project ensur major privat sector particip genuin uncondit unsupport state aid author aid case conting commiss obtain verif due capac reduct envisag plan revis requir closur definit irrevers capac concern longer depress commun steel market close instal scrap sold europ addit increas remain capac crude steel hot roll finish product aid restructur plan result product improv period year start date capac closur payment aid respect invest plan whichev order ensur long term real effect reduc current imbal suppli demand commun steel market essenti timet closur compli closur hot strip mill ansio achiev latest decemb spain endeavour bring forward closur sooner vi ensur restructur period aid approv enabl compani return viabil end aid amount strictli necessri contextx ensur compani result financi restructur measur obtain unfair advantag compani sector provid outset net financi charg annual turnov current averag commun steel compani requir compani legal successor allow claim grant tax reduct relief past loss cover aid restructur proce sale share compani public sharehold ahv ensidesa repai remain debt dormant compani provid restructur plan addit loan normal commerci condit preferenti treatment accord fresh public debt incur vii implement decis requir strict monitor commiss restructur period end order carri monitor effect commiss requir full close collabor spain clear strict report oblig impos element requir close attent reduct capac invest carri reduct workforc complianc timet closur product effect market financi perform privat creation enterpris guenin charact major privat sector particip absenc state aid financ sestao project sourc term condit financ includ treatment debt credit facil provid plan progress viabil commiss submit monthli report council inform develop ensur aid purpos unfair competit practic addit commiss requir spot check made accord articl ecsc treati order verifi inform provid complianc condit attach author aid context member state make complaint commiss state aid enabl compani price commiss initi investig pursuant articl ecsc treati commiss basi inform provid find condit laid decis pursuant articl met requir suspens payment aid recoveri aid paid event member state fail compli decis articl ecsc treati appli commiss decid report quarterli basi decid mandat independ consult select agreement spain assist monitor task commiss exercis power ensur aid compani fulfil condit decis includ progress viabil oblig result financi data viabil assess made commiss requir measur reinforc restructur measur viii decis pursuant articl ecsc treati author state aid extraordinari charact provis articl view commiss exception author aid propos case subject observ condit requir lai aid involv intend restor compani viabil end regard final return viabil achiev date spain request derog articl compani adopt decis articl maximum amount aid spain plant grant directli indirectli public integr steel compani corporación de la siderurgia integr incorpor ensidesa alto horno de vizcaya ahv regard compat orderli functioningh common market provid condit requir articl met capit inject maximum pta billion compani public sharehold ahv ensidesa social aid maximum pta billion capit convers ini credit ensidesa maximum pta billion conting maximum pta billion loss compens maximum pta billion cover addit oper loss financi charg origin forecast plan reduc turnov aris bring forward ansio closur aid calcul enabl compani return viabil end case viabil attain date spain request derog pursuant articl ecsc treati compani aid purpos unfair competit practic prejudic aid measur refer articl restructur plan loan compani normal commerci term beneficiari compani receiv debt holidai friendli treatment debt state articl definit closur product capac carri quot thousand tonn quot quot id quot quot gt avil gt id quot quot gt quot gt id quot quot gt gijon gt id quot quot gt quot gt id quot quot gt vizcaya gt id quot quot gt gt id quot quot gt quot gt id quot quot gt ansio gt id quot quot gt quot gt id quot quot gt total gt id quot quot gt gt id quot quot gt gt id quot quot gt quot quot gt capac closur achiev accord timet laid restructur plan latest except closur hot strip mill ansio achiev decemb latest spain effort bring closur date forward final closur refer paragraph ensur demolit instal concern dispos sale europ beneficiari compani increas remain capac crude steel hot roll finish product restructur plan result product improv period year start date capac closur plan date payment aid respect invest plan whichev articl approv aid outlin articl addit subject condit proce sale share companx public sharehold ensidesa ahn repai remain debt dormant compani level net financi charg compani outset set annual turnov major privat sector particip sestao project delink aid restructur plan undisput demonstr commiss genuin uncondit natur unsupport state aid compani legal successor claim grant tax reduct relief basi past loss cover aid term decis beneficiari compani carri restructur measur laid restructur plan revis accord timet contain articl spain cooper fulli arrang monitor decis spain suppli commiss year march septemb report full inform accord enclos annex beneficiari compani restructur report reach commiss march report septemb commiss decid report full inform commiss monitor restructur process creation capac show suffici financi data commiss assess condit requir fulfil report full inform accord annex commiss reserv modifi line experi monitor process spain oblig beneficiari compani disclos relev data circumst consid confidenti commiss basi report draw half yearli report submit council novemb order discuss council beneficiari compani envisag invest creat extend capac commiss inform council basi report present financ arrang demonstr absenc state aid articl commiss timer decid report refer articl quarterli basi deem fulfil monitor task commiss time decid mandat independ consult select agreement spain evalu monitor result undertak research report council commiss check made aid compani accord articl ecsc treati order verifi accuraci inform report articl complianc witrh condit laid decis case member state make complaint state aid enabl aid compani price commiss initi investig pursuant articl ecsc treati assess report refer articl commiss ensur requir articl respect articl prejudic penalti impos virtu ecsc treati commiss requir suspens payment aid recoveri aid paid basi inform receiv time find condit laid decis met spain fail fulfil oblig decis articl ecsc treati appli commiss establish basi report refer articl substanti deviat financi data viabil assess made occur requir spain measur reinforc restructur measur aid compani articl decis address kingdom spain brussel april commiss karel van miert member commiss oj total net reduct take account increas capac gijon tonn tonn total net reduct take account increas capac avil tonn tonn annex commiss inform requir capac reduct date expect date cessat product date expect date dismantl instal concern instal sold date expect date sale ident countri purchas sale price invest detail invest realiz date complet cost invest sourc financ sum relat aid involv date aid payment workforc reduct number time job loss total cost breakdown cost financ product market effect monthli product crude steel finish product categori product sold includ volum price market financi perform evolut select kei financi ratio ensur progress made viabil financi result ratio provid allow comparison compani financi restructur plan level financi charg detail time aid receiv cost cover term condit loan irrespect sourc privat sell price treatment exist liabil dispos proce sale date sale financi posit compani time sale creation compani plant incorpor capac extens ident privat public sector particip sourc financ creation compani plant term condit privat public sharehold particip manag structur compani defin commiss decis ecsc oj