commiss decis march aid grant itali firm affect bankruptci sirap spa notifi document number italian text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl thereof regard agreement european econom area articl thereof accord abovement provis interest parti notic submit comment letter date march italian author accord articl ec treati notifi measur assist firm affect wind sirap spa publicli own compani respons econom develop region notif incomplet italian author announc list describ aid measur plan firm commun commiss acknowledg receipt letter commiss inform italian author month period reach decis aid start run promis inform receiv remind italian author suppli inform request recent remind novemb commiss state fail repli italian author ten work dai aid remov regist notifi aid enter regist unnotifi aid view fact draft law region sicili provid aid tranch repli receiv aid enter regist unnotifi aid nn letter date june italian author draft law enact march provid inform request decis juli commiss initi articl proceed respect aid italian author inform commenc decis letter date juli public letter offici journal european commun comment receiv parti lawyer repres sharehold sirap spa comment forward italian author march remind italian author gave commiss view comment septemb final octob italian author notifi aid scheme commiss relat regener set craft centr carri sirap spa scheme examin separ commiss measur financi assist compani person carri work behalf sirap spa commiss question italian author connect measur measur concern proceed repli italian author receiv januari ii reason commiss initi proceed summaris scheme supplier creditor sirap spa firm carri work behalf appli credit institut loan itl million subject ceil exce claim sirap spa loan grant period year year grace period interest rate differ compar refer rate appli relev market sector cover region loan guarante transfer bank claim firm sirap spa addit guarante region guarante region regard aid firm obtain loan sirap spa bankrupt claim met full recov bank commiss view aid element guarante regard amount guarante unabl calcul aid element loan refer rate appli sector concern take basi refer rate appli calcul region aid commiss estim aid intens gross italian author ask send detail basi data exempt aid measur articl treati articl eea agreement iii italian author respons simpli send commiss list amount ow firm carri work sirap spa behalf italian author point total amount question consider exce maximum amount provid region law state region guarante intend firm claim sirap spa sirap spa fact suffici claim rebut commiss statement region guarante net grant equival equal amount guarante credit grant connect bankruptci sirap spa recent letter receiv januari region author explain measur question constitut direct aid creditor firm carri work behalf sirap spa firm unabl obtain payment claim ow bankruptci sirap spa turn unabl pai creditor view delai applic measur question firm carri work sirap spa file bankruptci account insolv result suspens payment sirap spa result creditor firm wait liquid debtor asset order recov amount ow lastli comment made italian author respons receiv commiss parti case iv part procedur commiss receiv comment legal repres finanziaria meridional spa hereinaft refer quot fime quot sharehold sirap spa fime wish draw commiss attent financi prejudic suffer result neg decis commiss aid measur promis region sicili number region hold compani aid ref sg measur commiss declar incompat treati aid itl billion ent siciliano la promozion industrial spa hereinaft quot espi quot intend cover loss subsidiari sirap spa commiss prohibit italian govern grant aid fime consid commiss base decis wrong assumpt seek clarif region alleg commiss wrongli believ sirap spa engag engin industri fime firm aim achiev quot industri develop territori sicili creation develop enterpris quot specif sirap spa activ limit plan carri manag creation infrastructur facil encourag product invest provid specialis servic product organis manag small medium size firm sirap spa set capit subscrib equal fime espi capit fulli guarante region undertook cover expenditur incur firm activ fime consid sirap spa technic public limit compani constitut normal busi structur act behalf region decis sicilian region govern longer cover entir capit neg commiss decis result claim demis sirap spa result fime sharehold longer financi fime ask commiss review posit matter altern step region fulfil oblig guarante entir capit sirap spa notifi measur constitut aid supplier creditor sirap spa firm carri work behalf attempt limit damag caus bankruptci sirap spa person firm practic constitut temporari measur aim prevent recipi suspend payment ow delai imposs recov sum ow sirap spa firm carri work behalf aid question aim cushion normal impact liquid sirap spa creditor supplier await final wind order recov part claim pend outcom firm unabl turn pai creditor liabl trigger chain bankruptci italian author delai appli measur firm work behalf sirap spa wound insolv result suspens payment sirap spa basi inform receiv conclud measur constitut oper aid aim ensur surviv recipi firm enabl bear financi charg result normal busi activ italian author claim measur question constitut region invest aid rescu restructur aid firm difficulti worth note respect number aid recipi turn file bankruptci italian author stage proceed invok applic commun guidelin state aid rescu restructur firm difficulti provid inform indic complianc guidelin submit restructur plan aim restor long term viabil recipi firm direct recipi aid engag wide rang activ evidenc measur form subject proceed interest subsidi grant basi refer rate appli sector economi commiss inform specif sector recipi conclud inform submit italian author sirap spa creditor firm carri work behalf firm build public work sector addit inform receiv commiss connect state aid redevelop area equip craft activ carri sirap spa creditor includ profession firm architect engin design overse work aid sirap spa creditor sector limit sector inform supplier creditor firm carri work behalf sirap spa vi state aid examin determin affect intra commun trade distort threaten distort competit panorama eu industri build inher local region activ firm move local area transnat activ result export good form export capit servic intern merger acquisit joint ventur nonetheless small firm tend move region origin larger present case distanc act inhibit factor local natur activ mitig fact firm carri work sirap spa includ italian firm locat distanc sicili notabl bologna udin part work consortia includ firm locat sicili firm work fact support fund state absenc risk solvenc sirap spa fact recipi firm long absenc risk rule possibl foreign firm interest take part work trade member state market question italian author provid evid trade place plan work panorama eu industri point whilst architectur profess suffici number econom observ satisfactori assess wide vari rang numer activ architect suppli servic member state quot engin quot servic commun panorama state except itali unit kingdom higher percentag averag annual turnov sector deriv contract perform countri conclud italian author proceed made claim contrari aid recipi distort trade member state measur question recipi partial avoid consequ bankruptci promot firm artifici favour posit similar firm itali member state unabl reli state aid similar circumst conclud aid distort liabl distort competit measur satisfi test articl treati constitut state aid mean articl step determin aid law compat treati vii aid law time legisl document italian author inform commiss notifi draft law approv region sicili march subject legal action brought commissario dello stato govern repres law adopt march law publish offici journal region sicili march differ version law remov articl employ region italt staff matter cover proceed version articl question remov order constitut court sit februari march reason commiss enter notifi aid regist unnotifi aid italian author subsequ inform commiss law approv adopt year challeng classif measur unnotifi aid specif request proceed initi italian author confirm implement measur suspend pend outcom commiss assess conclud recent correspond aid delai implement region law frustrat intent legisl rule complet possibl measur concern proceed implement commiss decis illeg viii regard compat aid note sicili elig aid promot region develop articl treati aid question regard invest aid intend promot product invest regard oper aid commun method applic articl region aid commiss provid possibl oper aid grant condit aid limit time design overcom structur handicap enterpris locat articl region aid design promot durabl balanc develop econom activ give rise sector overcapac commun level result commun sector problem produc origin region problem aid grant violat specif rule aid grant compani difficulti annual report applic aid commiss indic total expenditur type aid sector concern aid design promot export member state exclud condit worth note aid limit time intend overcom structur handicap enterpris locat sicili firm particip temporari associ undertak respons work locat region grant aid enterpris tantamount remov distinct assist assist area region develop aid intend overcom structur handicap econom situat sicili aim help victim bankruptci stai afloat liquid procedur complet situat occur commun evid adduc italian author show structur situat wors sicili condit object effect aid regard promot durabl balanc develop econom activ aid intend assist market cover extra transport commun cost justifi physic distanc prevent firm particip commun intern market condit supplier creditor sirap spa firm carri work behalf sirap spa liquid regard quot firm difficulti quot clear aid intend prevent recipi firm carri work behalf sirap spa suspend payment confirm italian author acknowledg delai grant aid firm carri work sirap spa file bankruptci ow cessat payment aid tantamount rescu restructur aid firm difficulti state italian author invok applic commun guidelin state aid rescu restructur firm difficulti aid qualifi rescu measur loan grant market rate region born part interest grant month commiss period defin recoveri measur similarli aid qualifi restructur aid thing commiss receiv restructur plan guarante long term viabil firm condit applic present case failur compli condit suffici rule possibl exempt articl exempt articl aid intend promot execut import project common european interest remedi disturb italian economi exempt provid articl applic context provis commiss authoris oper aid lastli exempt provid articl applic aid intend promot cultur heritag conserv ix letter initi proceed commiss state guarante provid region sicili recipi obtain bank loan secur firm requir provid bank issu loan claim sirap spa bankrupt process wound sirap spa creditor chanc recov signific part claim question commiss view aid element guarante regard amount guarante italian author reject assess support evid allow commiss revers assess state purpos state aid ward normal effect liquid sirap spa prevent chain reaction bankruptci creditor ow failur pai creditor order secur loan bank sirap spa creditor requir transfer claim bank primari guarante sirap spa liquid doubt claim signific inform receiv part proceed sirap spa simpli act intermediari execut develop project region doubt firm possess solid asset sold order pai creditor case view sirap spa activ italian author invok argument region addit guarante recipi firm sound financi health obtain loan capit market normal italian author provid evid sirap spa creditor obtain financ sole basi primari guarante financi posit addit guarante provid region fact statement legal repres fime deni italian author solvenc sirap spa close ti capit inject region order maintain capit integr firm difficulti began region refus contribut capit lead suspens payment sirap spa firm cessat work fime claim hold sirap spa worth itl billion regard worthless view forego conclud italian author furnish evid claim sirap spa transfer secur exchang loan signific financi result healthi firm obtain loan market normal condit italian author provid evid situat constitut rule commiss option maintain posit aid element guarante regard equal amount guarante state proceed commiss receiv comment sirap spa sharehold comment call observ inform characterist activ sirap spa commun commiss italian author proceed initi respect aid measur promis region sicili region hold compani aid letter juli author state sirap spa compani establish articl region law august order provid technic design servic public work servic behalf public bodi region municip involv product assess market final decis case ref sg commiss view descript activ provid italian author sirap spa oper engin sector line definit engin panorama eu industri intellectu servic aim optimis invest project industri construct infrastructur stage project initi concept complet commiss conclud amount aid view gener small size engin firm prevent privat sector competitor sirap spa gain access market forc market itali member state benefit state aid cover loss comment made legal repres fime commiss part proceed confirm sirap spa activ compris activ defin commiss decis note sirap spa sharehold legal repres italian author challeng commiss decis period decis final regard preced point commiss note italian author respond comment receiv part proceed invit constitut confirm statement preced point xi view forego measur assist firm affect liquid sirap spa provid region law approv march ddl adopt region law march form guarante interest subsidi constitut aid mean articl treati budgetari resourc approv year aid unlaw portion cover rule commiss notic de minimi aid set threshold eur year italian author confirm measur implement commiss decis aid cover de minimi rule incompat common market cover exempt provid treati reason section viii aid incompat common market commiss requir pursuant articl ec treati case law court justic judgment case member state recov illeg aid recipi regard portion cover de minimi rule aid abolish grant recov italian author case concern guarante aid element amount full loan guarante whilst loan compris aid element form interest subsidi estim intens state initi italian author commun sector interest rate appli calcul interest subsidi commiss unabl determin extent rate correspond appli calcul region aid financi posit aid recipi enabl obtain financ question capit market state guarante aid element consist sole interest subsidi aid consist amount guarante loan interest subsidi order compli ceil provid de minimi notic guarante cover maximum amount eur ad aid element contain interest subsidi total eur year period obtain adopt decis articl measur assist firm affect bankruptci sirap spa provid law region sicili approv march subsequ adopt region law march form guarante interest subsidi constitut aid mean articl treati portion aid exce ceil eur year provid de minimi notic illeg grant decis commiss articl treati articl aid cover de minimi rule refer articl incompat common market qualifi exempt articl treati articl itali abolish part aid scheme question cover de minimi rule step recov aid grant illeg articl decis financi posit firm receiv aid refer articl decis afford normal access capit market state guarante recoveri appli interest subsidi recipi obtain loan question state guarante full amount aid recov articl aid recov accord procedur provis italian law interest start run date aid grant date repaid rate refer rate applic date aid grant calcul net grant equival region aid itali articl italian govern inform commiss month date notif decis measur compli herewith articl decis address italian republ brussel march commiss karel van miert member commiss oj oj publish offic offici public european commun oj oj ecr ecr ecr