commiss decis march credit grant belgian author shipown build vessel aid nn french dutch text authent eec commiss european commun regard treati establish european econom commun subparagraph articl thereof regard council direct eec januari aid shipbuild articl thereof read conjunct articl thereof interest parti notic submit comment accord subparagraph articl regard comment letter march offic perman repres belgian govern provid commiss inform contract construct vessel belgian yard pursuant articl council direct eec commiss request detail letter contract relat inter alia construct vessel pursuant law august ship credit grant financ exceed term grant equival maximum rate fix commiss contract brought attent commiss subject articl procedur culmin juli neg decis respect aid exceed ceil fix commiss vessel refriger ship europes transport maatschappij ro ro ferri nv ship financ built boelwerf shipyard coastal tug nv uni van red en scheepsdienst built nv scheepswerf ruppelmond receiv financ cover contract interest year year grace period salvag vessel nv uni van red en scheepsdienst built fulton marin shipyard tourist submarin scan dive belgium built boelwerf shipyard receiv financ cover contract interest year year grace period vessel tug vessel cost ecu million note market interest rate belgium financ condit repres grant equival contract salvag vessel tourist submarin commiss decid juli initi procedur provid articl eec treati ceil set vessel cost ecu million belgian author inform decis letter august member state interest parti public notic offici journal european commun ii belgian govern submit comment letter offic perman repres date septemb argu contract sign time belgian aid scheme author flemish region execut simpli appli rule grant credit system manag nation author recal belgian scheme compos facil grant shipown form reduc rate loan guarante interest subsidi combin applic measur meant product aid oper aid grant time note set interpret previous commiss connect review aid scheme pursuant direct eec end plead flemish region execut act good faith reli line reason result misunderstand arisen past central govern belgium commiss iii public commiss decis offici journal european commun dutch author announc agre commiss belgian author compli direct eec case object point vessel question coastal tug salvag vessel tender dutch yard unabl compet high level subsidi grant belgian author iv aid cover articl direct eec belgian aid scheme notifi commiss letter januari govern law august amend occas recent decemb mainten develop merchant fleet sea fish end set ship shipbuild fund articl law state fund grant advanc cover vessel articl state guarante addit loan contract market rate articl interest subsidi half rate applic loan subsidi exce total amount advanc loan provid articl exce cost vessel law rate period advanc provid articl repaid preparatori work direct eec belgian govern inform commiss repay arrang advanc grant articl law august state advanc year interest year grace period term confirm belgian govern letter march review shipbuild aid belgium pursuant articl direct eec light condit notifi commiss award advanc guarante interest subsidi market interest rate time contract conclud grant equival advanc grant belgian govern law august duli explain belgian author vessel cost ecu million belgian govern inform commiss specif arrang undertaken letter juli compli maximum aid level commiss fix accord subparagraph articl direct eec vi contract refer decis benefit aid aid vii respons manag maritim fund set belgian law august transfer flemish region execut respons decis januari accord amend made belgian constitut transfer respons excus belgian govern affirm good faith flemish region execut pretext ensur continu aid scheme articl eec treati specif state member state measur gener ensur fulfil oblig aris eec treati result action institut commun fact belgian govern explain letter commiss belgian aid scheme made partli support shipyard partli support oper vessel fly belgian flag justifi term credit grant argument put forward letter simpli reiter matter discuss length expert member state preparatori work council direct eec full knowledg fact ensur complet transpar council back belgian govern final decid adopt direct eec ceil provid articl cover aid shipown relat purchas vessel member state belgian govern fulli awar posit grant credit case question fact aid grant shipown vessel built countri reason justifi subtract equival aid aid grant vessel built belgium viii aid grant shipown belgium constitut aid mean articl direct eec form aid shipown parti aid build convers ship commun yard includ credit facil guarante tax concess subject rule set articl direct articl product aid favour shipbuild consid compat common market provid total amount aid grant contract exce grant equival common maximum ceil state paragraph fix commiss articl stipul ceil appli aid cover articl view fact ceil set commiss ship cost ecu million belgian author inform letter decemb public notic offici journal european commun credit grant belgian govern repres grant equival respect vessel clear belgian govern compli rule set direct eec eec treati adopt decis articl credit grant equival grant belgian govern europes transport maatschappij build refriger ship nv ship financ ro ro ferri built boelwerf shipyard nv van red en scheepsdienst tug built nv scheepswerf ruppelmond shipyard credit grant equival grant name compani salvag vessel built fulton marin shipyard scan dive belgium build tourist submarin boelwerf shipyard incompat common market compli articl direct eec articl pursuant articl treati belgian govern review term credit grant ensur exce maximum grant equival respect vessel refer articl respect tug salvag vessel tourist submarin light ceil fix commiss accord articl direct eec articl belgian govern inform commiss month notif decis measur compli herewith articl decis address kingdom belgium brussel march commiss leon brittan vice presid oj oj oj oj oj