commiss decis march aid scheme implement greec favour settlement debt agricultur cooper includ aid reorganis dairi cooper agno notifi document number greek text authent ec commiss european commun regard treati establish european commun subparagraph articl thereof call interest parti submit comment pursuant provis cite regard comment procedur initi open articl procedur june commiss inform letter greek minist agricultur intent greek govern appli provis articl greek law write debt type cooper agricultur bank greec abg period earli stage commiss consid letter notif mean articl treati subsequ commiss inform fact aid provid articl greek law grant dairi cooper agno previou commiss approv take account commiss decid includ legal provis regist notifi aid nn letter sg date decemb commiss inform greec decis initi procedur laid articl ec treati respect aid measur reimburs debt cooper pursuant articl greek law file regist aid open articl procedur letter novemb commiss receiv complaint aid dairi cooper agno northern greec complain greek author decid abg assist agno pai debt possibl amount grd billion agno supposedli benefit fiscal concess cooper compani agricultur sector greec request addit inform bilater meet held request greek author juli greek author commiss result meet greek author suppli addit inform letter date june august result exchang inform greek author ascertain agno benefit measur provid abg grd million framework articl greek law aid nn grd million framework articl greek law notifi compens loss due chernobyl nuclear disast grd billion framework articl greek law notifi consolid loan link debt due consider delai implement invest project grd billion framework act governor bank greec octob allow bank consolid loan client notifi letter sg date decemb commiss inform greec decis initi procedur laid articl ec treati respect gener provis debt consolid agricultur cooper respect aid reorganis dairi cooper agno file regist aid open articl procedur commiss investig debt write off greek state abg favour agricultur cooper letter sg commiss commun greek govern decis open procedur provid articl treati relat articl greek law decemb allow greek state write debt cooper union compani farmer abg amount debt written establish grd billion subsequ greec made request council agre measur pursuant provis articl decis decemb council agre request provis articl greek law cover present decis comment commiss decis initi procedur publish offici journal european commun commiss invit interest parti submit comment measur letter march march regist april greek author submit observ commiss aid file letter date april regist regist date commiss receiv comment associ greek dairi product industri sevgap aid file comment forward greec opportun react letter date commiss receiv march observ agricultur bank greec respect debt consolid agno agricultur cooper letter date august regist august greec transmit remark submiss segvap letter date march abg forward comment relat articl procedur ii descript articl greek law articl greek law establish greek state assum settl debt abg incur primari secondari tertiari cooper associ cooper compani year provid extent incur due implement social intervent polici instruct behalf state articl greek law establish assumpt settlement liabil place subject essenti prerequisit cooper associ cooper compani deem viabl letter greek author date june greek govern undertook appli legal provis write debt type cooper abg period beneficiari consid viabl basi restructur plan approv special committe creat purpos letter greek govern commit reimburs abg part outstand debt agricultur cooper associ total grd billion amount grd billion letter greek author june refer fact debt aris reduct retail price good benefit consum due fact greek author consid imposs recov sum involv earli assess scheme show cover debt aris reason market polici invest lack capit extraordinari event thing letter june relat aid file greek author confirm appli legal provis compens damag caus dairi cooper agno chernobyl nuclear disast cooper list organis mention annex greek letter june letter open procedur provid articl treati commiss request greec provid extens inform interventionist social polici greek govern agricultur sector greec posit compat polici common agricultur polici commiss requir inform criteria assess viabil agricultur cooper conform commun polici restructur compani difficulti case aid grant agno framework articl greek law commiss consid chernobyl nuclear accid quot extraordinari event quot mean articl treati commiss express doubt applic treati provis compens damag occur year actual loss incur equal commiss view amount grant grd billion includ grd million framework articl greek law led overcompens damag incur clarif greek author greek state wrote amount grd billion cooper judg viabl basi specif restructur rationalis programm greec suppli individu sheet form basi abg write off indic cooper amount reason write analysi individu file measur concern cooper subsector agricultur product file reason write off extrem vari import product aid collect market agricultur product storag agricultur product export agricultur product acquisit materi need product process oper expens manag pesticid behalf synel anim feed behalf kydep unspecifi debt abg damag caus price fix polici compens due administr action reduct commun aid ban export inspect damag caus social polici damag caus chernobyl nuclear accid invest articl greek law greek law law implement council regul eec aid encourag earli retir farmer ad text greek law seri provis debt agricultur cooper articl law abg paramet assist agricultur cooper payment outstand debt arrang appli debt outstand decemb attribut object extern circumst mismanag law interest payabl loan half term interest chargeabl rate normal market rate loan durat loan establish year abg faculti except case deficit import extent reimburs period year grace period year reduc applic rate market rate law assist cooper subject previou submiss develop modernis feasibl studi demonstr cooper reimburs reschedul debt assist condit execut condit administr organis modernis reduct personnel reinforc capit greek author suppli copi agb circular detail implement provis articl greek law greec larg number cooper associ benefit debt reschedul arrang cooper dairi busi agno agno union cooper produc group activ dairi sector northern greec macedonia agno activ activ link milk sector product anim feed market dairi product agno largest oper greec term sale fresh milk market share agno activ product type milk chees yoghurt drink date debt settlement agno turnov grd billion employe abg sign agno loan regularis debt outstand decemb latest amount loan grd billion amount due financi charg incur invest project link remov modernis dairi industri extrem long tender process affect invest financi plan unfavour expect cost grd billion project finish total cost grd billion increas greek author agno cooper benefit debt reschedul submiss feasibl studi evalu approv abg pure bank criteria subject realis concret programm restructur milk industri execut monitor special expert committe case agno initi measur financi recoveri consist reduct oper cost personnel person year extra hour wage legal threshold public expens gener cost grd million measur includ ensur resourc recoveri cooper capit increas cooper fee grd imposit special levi deliv milk grd kg year grd kg sale real estat secondari set measur equal foreseen decis open procedur provid articl treati commiss consid assist cooper pai debt pursuant articl greek law state aid mean articl treati firstli abg regard public enterpris mean commiss direct eec member state public entrepris commiss consid principl privat investor market economi abg consolid loan condit extrem favour compani difficulti thirdli commiss consid oper place normal market condit framework apprais aid commiss consid provis articl greek law respect gener condit commun guidelin state aid rescu restructur compani difficulti hereinaft quot guidelin quot forc date open articl procedur special rule applic aid agricultur sector applic place gener rule conclus appli specif aid grant agno pursuant provis act governor bank greec octob act governor bank greec octob authoris credit institut greec regularis debt pursuant type loan grd foreign currenc act bank convert loan equiti provis appli bank public privat act governor bank greec june introduc minim rate consolid short term loan medium long term loan limit subsequ abolish act governor bank greec august greek author agno benefit debt reschedul grd billion framework act governor bank greec octob loan grant year includ year period simpl interest calcul rate forc medium term loan parallel posit articl greek law greec consid provis involv state aid mean articl treati light parallel mechan previous basi scanti inform time commiss decid open procedur provid articl treati respect provis tax exempt letter novemb plaintiff mention grant state aid agno greek law law concern gener financ agricultur organis gener tax law commiss consid involv state aid agricultur cooper mean articl iii comment parti parti submit comment procedur segvap plaintiff case gener plaintiff consid regular long term polici greek author govern resourc treat assist compani basi object criteria statu plaintiff polici harm discriminatori relat cooper undertak access aid result practic surviv compani structur weak low product incapac adapt competit environ conclus plaintiff polici harm agricultur economi greec european union articl greek law articl greek law plaintiff maintain measur constitut state aid mean articl treati involv consumpt state resourc select benefit undertak articl type aid reconcil common market plaintiff articl applic measur fulfil condit consid compat common market light guidelin plaintiff note greec suppli evid exist restructur programm relat restor viabil beneficiari enterpris requisit reduct product capac enhanc competit relev market proport ratio aid grant contribut beneficiari restructur effort real programm ensur financi sound oper success debt settlement plaintiff alert commiss recurr natur debt write off greek law approv debt settlement amount grd billion articl greek law provis greek law aid grant agno framework articl greek law plaintiff debt amount grd million attribut chernobyl nuclear accid hand plaintiff sustain milk compani includ agno continu deliv fresh milk product market agno destroi milk dehydr milk powder subsequ product dairi product plaintiff call commiss declar provis articl greek law incompat common market articl greek law plaintiff distinct made greek author abg greek state manifestli contrari spirit articl treati plaintiff condit articl greek law evid favour gener rule regularis debt foreseen act governor bank greec octob term interest rate set market rate term durat loan relat normal bank practic plaintiff disagre assert greek author term adjust agno debt made sole basi bank practic criteria term consolid loan consid extrem favour criteria made explicit greek author report execut restructur programm made public tax exempt plaintiff support initi conclus commiss relat absenc state aid favour agricultur cooper framework greek law relat gener tax legisl greec plaintiff argu cooper benefit tax exempt favour relat undertak object circumst iv comment greec greek author transmit remark stage firstli suppli initi reaction open procedur provid articl treati stage greec comment relat submiss made plaintiff final abg comment due natur statu abg point remark consid addit submiss greek author comment parti articl greek law initi remark open procedur provid greek author point cooper special statu agricultur economi member joint liabil statutori oblig product member dispos market price manag end greec ad repres interest larg group produc farm mountain hill lessfavour area period question addit chernobyl nuclear disast greec suffer natur disast neg impact financi situat cooper greek author attach list natur disast affect greec period greek author disast flood high wind snowstorm heavi rainfal diseas bad weather frost low temperatur scab drought heatwav natur disast advers weather condit affect type agricultur product region greec compound state intervent format price cooper dispos product debt written certif recognit committe greec suppli copi report made committe cooper report show amount debt adjust grd billion substanti lower initi forecast grd billion cooper concern deem viabl basi specif rationalis programm aid grant agno applic provis articl greek law greec ad time lag need check detail applic level verif committe greec consid amount grd million equival differ grd million effect consid amount million theoret consid actual loss unjustifi differ actual sale figur agno million kg surplu milk pasteuris bulk chees produc loss grd kg total loss grd million greec add interest grd million settl articl greek law overcompens loss grd million greec consid order provid full compens late payment amount interest written grd million greec conclud aid grant agno framework articl greek law constitut aid compens loss incur result extraordinari event chernobyl disast meet requir articl treati repli complain alleg greec compens damag caus chernobyl nuclear disast privat dairi compani clear commiss articl procedur repli plaintiff comment open procedur provid articl treati greec maintain substant beneficiari debt restructur scheme produc member cooper suffer econom impact disast extraordinari event greec state cooper statutorili bound entir product member contrari undertak oper freeli select quantiti qualiti suppli oper market arrang ipso facto treat debt write off articl greek law intend secur agricultur cooper financi equilibrium make long term cooper abg consequ benefit side intervent abg respect privat investor principl greek author attach submiss viabil studi form submit cooper benefit write off articl greek law view greek author articl law consolid debt agricultur cooper constitut state aid mean articl treati greec sustain regularis debt normal bank practic appli member state lead addit state resourc greec disagre commiss claim abg settl debt agno articl greek law act privat investor principl greec point applic provis articl greek law discret abg decid board director gener assembl abg sharehold basi privat investor principl likewis appli abg cooper entiti debt settl articl greek law greec total amount debt settlement dairi cooper agno articl greek law grd billion consist grd billion matur uncov short term debt grd billion medium term loan link project reloc dairi plant billion grd contractu interest januari march greek author circular abg set criteria applic articl greek law servic debt abg restor long term viabil debtor greec measur undertaken realist contribut cooper financi equilibrium viabil studi greec progress report implement reorganis measur agno report date octob agno impos special charg milk deliveri product special charg grd million help substanti increas cooper asset greek author claim contrari assert commiss articl greek law provis impos reduct cessat product capac illustr greec restructur plan agno involv cessat lossmak activ product anim feed member greek author greec object area exempt applic sector limit relat process market dairi product annex commiss decis ec greec add annual statement agno show posit oper result cooper servic short term loan debt interest part medium term loan applic reform measur reduct cost permit posit financi result guarante agno viabil repli comment plaintiff greec add case agno restructur debt base find feasibl studi anticip benefit bank applic altern solut initi enforc proceed respect greec financi posit decemb agno debt grd billion total secur cover grd billion major part debt consist debt abg grd billion main part financi envelop secur relat joint liabil agno member grd billion greec feasibl studi made provis regular servic associ debt implement financi reform plan basi adjust agno debt bank anticip receipt sum grd billion interest consider revenu bank transact hand case enforc proceed initi seizur public auction greek author anticip receipt amount grd billion act governor bank greec octob act governor bank greec octob greec add determin gener framework restructur busi debt bank system allow bank freedom determin specif term appli servic custom debt specif bank free determin period busi client pai debt interest rate debt restructur initi provis subject minimum interest rate level annum work capit annum medium term loan august minimum interest rate abolish enabl bank fix interest rate discret circumst individu case level individu custom greec consid adopt articl greek law aim make gener framework act governor bank greec octob specif render applic abg greec specif need defin stricter framework debt restructur introduct strict elig condit provis respect term adjust loan comment suppli abg submiss march abg support comment inform submit greek author submiss set amplifi comment inform transmit greec debt reschedul cooper abg state face situat agricultur cooper includ agno posit servic debt due combin factor high cost servic debt consist compound interest jeopardis abil cooper continu oper cooper signific proport abg client abg signific financi interest surviv abg point lose capit invest cooper import loss futur revenu provis bank servic cooper abg consid decis reshedul debt cooper consist behaviour privat bank equival circumst request reschedul debt examin grant abg basi commerci criteria fulfil abg gener requir debt reschedul abg argu assert commiss link decis greek govern behaviour abg correct abg state articl greek law fot abg reschedul debt ow act governor bank greec octob grant bank greec privat public freedom enter debt reschedul arrang client abg articl greek law impos oblig abg settl debt cooper confer legal right cooper request abg reschedul debt abg object agre reschedul protect commerci interest purpos abg laid requir settlement circular viabil plan provid measur ensur financi restructur repay debt includ reduct oper expens personnel cut cost save cessat loss make activ oblig dispos idl asset increas equiti capit imposit levi product increas member equiti share timet complet financi restructur provis cancel debt restructur arrang instal delai month revers previou situat reduct financi charg cooper provis credit depend fulfil term condit debt restructur arrang contractu oblig beneficiari cooper cover bank servic abg ratio secur abg debt abg regular close monitor implement busi plan abg abg add cooper compli elig criteria applic reject accord circular abg cut credit line cooper step recov outstand amount debt write provid framework articl greek law abg state overcompens damag suffer agno result chernobyl nuclear accid addit loss grd million agno loss destruct tonn contamin milk averag price grd kg amount grd billion grant includ grd million agno loss sale pasteuris milk chees processor amount grd million repres interest loss end abg aver agno pai market price grd kg target price grd kg applic agb agno sale fresh milk yoghurt reduc cooper oblig dispos addit milk process chees agno pai member grd kg milk process chees grd higher indic price grd kg applic period basi price differ abg justifi agno loss million grd grd kig abg add agno process chees milk agno paid raw milk supplier grd kg abg ad pursuant greek govern price intervent polici agno pai produc grd kg milk abg argu order cover abovement loss agno oblig rais signific loan abg actual payment compens occur august take account refer rate applic greec amount interest due loss calcul grd million grd million abg argu write grd million interest overcompens actual loss incur abg argu agno financi situat deterior sharpli result delai write chernobyl relat debt delai implement invest project agno output normal level problem compound strong competit market downturn market sale face agno inabl pai debt abg forc agno bankruptci reschedul debt abg cost benefit analysi option favour restructur cooper debt amount credit return abg liquid payment privileg creditor grd billion cover minor part debt agno abg grd billion equal abg argu debt reschedul arrang accompani secur grd billion grd billion member liabil grd billion liabil fix asset grd billion claim abg agno restructur measur agre bank juli debt reschedul arrang conclud grd billion grd billion restructur measur increas equiti capit million grd period imposit levi grd kg milk deliv decemb grd kg januari annual save grd million reduct overtim supplementari payment staff reduct return product total save grd million year grd million reduct market advertis expenditur turnov grd million save grd million relat lai employe annual save grd million gener reduct product cost cancel plan invest invest link milk process plant extens product rang increas product qualiti introduct modern market method includ incent sale personnel exclus repres chang distribut method chang bill system basi restructur measur abg conclud agno materi prospect return viabil repai debt abg agre reschedul agno debt amount agno debt concern grd billion abg debt execut invest project loan relat entir oper factori interest loan reschedul agreement provid repay period year year grace period agno pai amount abg payment interest made half year term interest rate lower market rate result high level agno indebted signific amount debt cover provis articl greek law matur decemb abg decid reschedul grd billion basi act governor bank greec octob agre amount paid period year year grace period payment interest paid rate implement viabil plan abg add report issu februari show initi measur suffici achiev financi target set basi report addit measur implement increas levi deliv milk grd kg annual proce measur expect grd million grd million cost save chang payment system milk supplier reduct market expenditur grd million result annual save grd million year lai employe januari result grd million save annual save grd million recruit season personnel levi charg milk supplier anim feedstock increas grd kg deliv milk annual incom million grd cooper produc anim feedstock result annual save financi charg grd million cooper distributor athen market result addit benefit grd million payment milk produc outstand debt grd million annual save grd million grd million payment produc debt feedstock supplier advanc payment agreement produc personnel freez price outstand claim agno defer payment grd billion report identifi short delai implement measur cash flow difficulti agno oper achiev financi object measur recommend period june septemb includ calcul interest amount ow produc dai sale anim feedstock reduct daili allow expens mission agno staff levi monthli salari grd salari grd compulsori deliveri agno milk product member applic interest bounc chequ custom negoti payment frozen debt custom detail financi plan coverag agno work capit repay medium term debt abg close monitor agno oper debt reschedul agreement allow exercis influenc agno manag decis view minimis financi exposur cooper seri situat abg interest diverg decis agno manag abg activ engag agno manag ensur implement agre restructur measur prospect repay debt undermin abandon abg realis financi exposur agno entail activ commit cooper manag abg nomin technic advis august consent agno board director abg assum direct respons agno manag consent agno gener assembl assess applic articl treati accord articl treati aid grant member state state resourc form whatsoev distort theaten distort competit favour undertak product good affect trade member state incimpat common market measur assess concern cooper activ sector product process market agricultur product greec framework common agricultur polici larg major product cover common organis market regul establish common market organis sector specif provis state save provid regul articl treati appli product trade product cover regul state resourc except alleg tax exempt measur undertaken favour agricultur cooper gener agno abg abg formal privat compani sole sharehold abg greek state board director appoint government decis greek state establish domin influenc rule govern bank abg regard public undertak mean articl commiss direct eec transpar financi relat member state public enterpris amend debt write off debt reschedul abg involv necessarili state resourc context commiss examin measur pursuant articl treati abg resourc assimil measur undertaken member state state resourc mean articl treati order fulfil condit requir articl treati demonstr measur behaviour abg compat principl privat investor market economi effect trade measur examin cover beneficiari activ agricultur sector greec product agricultur product commun eur million greek agricultur product eur million year repres european product signific trade agricultur product greec commun greec import global rang eur million eur million export remain european countri minimum worth eur million maximum worth eur million distort competit agricultur sector commiss consist held measur suscept affect trade member state trade flow product concern pursuant data shown measur question affect trade flow greec member state state resourc effect trade flow commiss note measur select write off debt abg made select group econom oper cooper write off financi impact situat undertak relat undertak greec member state access measur advantag market creditor principl articl greek law commiss note posit greek author aid charact measur contradictori initi repli open procedur provid articl treati greek author link debt write off natur disast extraordinari event fulfil requir articl treati consid initi stage measur involv state aid mean articl treati stage greec argu debt write off intend secur long term financi equilibrium cooper make cooper abg mutual benefit greec conclud intervent abg respect privat investor principl point commiss agre view greek govern commiss consid circumst privat bank renounc part claim relat undertak simpli ground potenti econom viabil commiss agre privat investor market economi renounc credit agricultur cooper amount grd billion reciproc beneficiari commiss consid condit applic articl treati fulfil measur aid intens consist amount debt write articl greek law greek author articl law consolid debt agricultur cooper constitut state aid mean articl treati greec sustain regularis debt normal bank practic appli member state lead addit state resourc commiss share view greek author point commiss note legal provis authoris bank greec execut debt reschedul arrang term condit debt reschedul left discret bank commerci bank practic adopt articl greek law abg perform type oper specif condit commiss presum oper place normal market condit abg oper privat creditor principl pure commerci bank criteria firstli rang elig undertak consider reduc introduc element select articl greek law specif concern agricultur cooper type undertak gener case bank set interest rate applic debt reschedul arrang articl greek law establish favour term arrang year grace period year normal market rate loan commiss consid measur select distort competit condit intern market benefit cooper competit advantag compat privat creditor principl commiss consid aid intens equival grant loan amount cooper debt durat year normal market rate consolid loan scheme applic case commiss exclud cooper obtain debt reschedul normal market condit aid intens case cooper unabl obtain settlement arrang circumst point commiss commun applic articl treati articl commiss direct ec public undertak manufactur sector greek argument financi advantag abg reschedul cooper debt forc cooper agno bankruptci withstand closer examin commiss consid assess case case basi case dairi cooper agno receiv support greek govern form debt write off settlement abg instanc greek law greek law greek law greek law privat investor point call question particip cooper order limit loss greek author fail demonstr privat bank execut oper condit reliev debt agricultur cooper thirdli debt agno abg amount grd billion net asset agno market grd billion debt agno bank minor grd million compar debt abg indic bank system agre grant favour lend term agno abg servic compar bank equal nomin secur provid gdr billion exce amount debt restructur commiss note secur member joint liabil grd billion claim grd billion definit type secur prove extrem difficult mobilis uncertain depend exact natur claim commiss consid condit applic articl treati fulfil act governor bank greec octob act governor bank greec octob legisl framework credit institut greec regularis debt pursuant type loan grd foreign currenc period provis subject level interest rate time consolid loan articl greek law grant agno cooper minim rate applic anymor provis act governor bank greec octob appli equal rule public privat bank activ greek market debt reschedul normal bank practic european state commiss conclud provis select constitut state aid mean articl treati public bank provis reschedul debt case case analysi need case determin aid charact measur loan agno pursuant act governor bank greec octob recit commiss conclud provis act governor bank greec octob constitut state aid mean articl treati gener greek provis allow restructur debt bank posit prejudic actual behaviour abg reschedul debt cooper pursuant administr provis constitut state aid demonstr behaviour abg justifi principl privat creditor market economi case agno total debt reschedul arrang concern amount grd billion grd billion framework greek law grd billion basi act governor bank greec octob greek author amount elig provis greek law abg assimil privat creditor repeatedli grant aid agno commiss note oper concomit major debt reschedul fulfil condit articl treati reschedul condit favour agno pursuant articl greek law interest rate applic lower refer rate applic time greec commiss consid addit settlement part plan assist agno pai debt constitu state aid pursuant articl treati commiss consid aid equival procedur correspond loan amount debt interest rate equival differ market rate refer rate applic greec time applic rate total durat loan recit tax exempt plaintiff argu differenti treatment cooper framework greek gener tax law cooper law constitut state aid mean articl treati point commiss notic applic state aid rule measur relat direct busi taxat differenti natur measur necessarili consid state aid constitut gener measur justifi natur gener scheme system point commiss notic justifi natur tax system cooper distribut profit member tax level cooper tax levi level member situat correspond greek author commiss ground differenti treatment cooper framework greek tax system constitut state aid mean articl treati derog framework articl treati prohibit state aid contain articl uncondit articl treati greec invok legal basi grant aid articl greek law remain except contain articl treati manifestli inapplic articl treati repli open procedur provid articl treati greek author invok provis articl treati deem aid make good damag caus natur disast except circumst compat common market aid compens econom effect natur assimil disast deem compat ec treati instanc aid notifi articl ec treati member state justifi aid commiss satisfi aid type fact caught articl firstli commiss note fact articl greek law primarili intend writeoff debt agricultur cooper incur execut social intervent polici behalf greek state greec argu intervent greek state result damag caus list natur disast affect greec greec fail demonstr causal link natur disast state intervent format sale price product link compens damag caus export orang market apricot construct fridg unit storag tabl oliv type natur disast fall articl unclear analysi evalu sheet indic reason debt write off individu cooper greek author show case damag caus natur disast advers climat condit cooper includ dairi cooper agno benefit write off link nuclear disast chernobyl thirdli commiss note greek state compens cooper damag supposedli caus agricultur product natur disast except event occur situat compens occur ten year event exist practic commiss consid aid paid year occurr event question real danger payment aid produc econom effect oper aid absenc specif justif result natur extent event delai continu natur damag commiss approv nation aid submit year occurr event exist practic recent codifi point commun guidelin state aid agricultur sector administr difficulti invok greek author consid accept justif law adopt forese settlement damag predat subsidiarili relat aid grant dairi cooper agno framework greek law result chemobyl nuclear disast commiss note part loss consist comparison averag price paid agno produc target price raw materi loss result higher produc price milk except event reason detail commiss provis articl greek law fulfil condit articl treati articl treati commiss consid aid measur intend promot execut import project common european interest remedi disturb economi member state mean articl equal intend promot cultur heritag protect mean articl applic measur provid benefit derog articl treati articl articl greek law debt write off undertaken framework articl greek law made extent debt incur due implement social intervent polici instruct greek state commiss open procedur provid articl treati call greek author transmit detail relat social intervent polici includ assess nation polici light common agricultur polici greek author fail transmit request inform analysi text draft law case debt write agre conclud relat write debt result expenditur incur cooper execut function debt write off product aid collect market agricultur product storag agricultur product acquisit materi need product process current oper cost manag pesticid anim feed debt abg damag caus price fix compens administr action compens damag caus chernobyl accid invest consid commiss oper aid approv commiss articl treati aid compens damag caus chernobyl accid consid oper aid fulfil condit articl treati equal aid compens cooper realis invest consid oper aid compens paid retroact aid simpli improv financi situat cooper execut invest incent realis invest develop sector remark greek author confirm object measur reliev beneficiari debt burden reciproc part beneficiari consid benefit develop econom activ region extent mere statement quot viabil quot cooper consid reciproc fact cooper statutorili bound takeup entir product member liabl modifi conclus accept cooper statut mandatori regard principl laid case law commiss bound conclud measur benefit derog articl treati articl treati explicitli invok greek author argu measur region scope due fact cooper repres interest larg group farmer activ mountain hill favour area commiss commun method applic articl region aid point recognit special difficulti commiss derog authoris oper aid region specif condit enumer point point ii condit specifi quot aid design promot durabl balanc develop econom activ give rise sector overcapac commun level result commun sector problem produc origin region problem context sector approach requir commun rule direct guidelin applic industri steel shipbuild synthet fibr textil cloth agricultur sector industri enterpris involv transform agricultur product observ quot agricultur sector cover product process market annex product constant commiss polici year prohibit payment oper aid region includ region fall articl treati directli examin long list individu grant measur suscept undermin oper common market organis establish common agricultur polici cooper compens cost incur action carri framework common market organis constant jurisprud european court justic member state bar adopt nation measur liabl undermin machineri price format establish common market organis preced common agricultur polici state aid rule competit rule laid treati articl eu treati nation measur hamper common organis agricultur market case approv state aid scheme ground exempt provis appli view conclud provis articl greek law constitut state aid mean articl qualifi except provid articl individu case applic aid scheme conclus appli aid grant dairi cooper agno grd million case aid grant agno pursuant articl greek law grd million commiss note consist interest late payment damag relat chernobyl nuclear accid object aid grant pursuant articl greek law previou conclus applic articl greek law articl treati establish aid facilit develop activ econom area consid compat common market aid advers affect trade condit extent contrari common interest specif invok greek author provis articl greek law examin light provis earli stage commiss assess provis light guidelin forc time aid grant time open procedur provid articl treati guidelin subsequ modifi set rule state aid favour compani difficulti includ specif condit grant aid agricultur sector start appli januari guidelin subsequ codifi mid reason legal certainti apprais measur criteria forc date open procedur provid articl treati point commun guidelin establish member state discret continu appli special commiss rule agricultur sector type aid agricultur sector measur previous notifi commiss greec recognis aid charact measur set rule wish commiss appli examin conform measur treati rule condit commiss oblig cover aspect relev commun guidelin rescu aid restructur aid special rule applic agricultur sector restructur aid gener criteria special rule rescu restructur enterpris agricultur sector special rule agricultur sector wich appli altern gener rule aid essenc limit volum specif element capit stock farm compani question farm compani question risk inabl pai debt commiss polici member state safeguard invest grant restructur aid specif paramet commiss previou practic agricultur sector summaris aid meet cost interest due intend reduc financi burden exist debt contract financ invest cumul grant equival exist aid grant debt contract aid exce rate gener accept commiss invest primari product favour area mean articl regul ec invest process market object area compli exclus laid commun guidelin state aid connect invest process market agricultur product aid respons readjust rate loan made account cost borrow amount aid exce chang rate loan agricultur hold viabil guarante case financi burden exist loan hold put risk declar bankrupt commiss conclud aid respect special criteria restructur agricultur enterpris simpl fact debt reschedul necessarili link execut invest articl greek law cover reason indebted provid attribut object extern circumst rescu aid gener comment commiss consid spirit letter articl greek law conform gener object rescu compani difficulti aim offer respit compani difficulti long term solut work provis aim constitut long term solut agricultur cooper financi problem commiss criteria rescu aid consist liquid form loan guarante loan bear normal commerci interest rate restrict amount need firm busi cover wage salari cost routin suppli paid time need gener rule exceed month devis feasibl recoveri plan warrant ground social difficulti undu advers effect industri situat member state principl oper commiss inform assess respect fourth condit commiss note condit respect consolid loan grant durat year rate lower market rate articl greek law respect commun criteria rescu compani difficulti gener commun guidelin restructur firm difficulti commun guidelin aid rescu restructur compani difficulti gener principl appli commiss restructur aid circumst demonstr approv restructur aid commun interest formal point view articl greek law constitut scheme restructur agricultur cooper difficulti pursuant point applic guidelin commiss consid approv aid scheme relat restructur compani difficulti compani fall definit small medium enterpris sme mean relev commun guidelin state aid agricultur sector applic time larg enterpris individu notif award requir guidelin articl greek law explicit provis limit aid sme commun definit provis duli notifi pursuant articl treati commiss note greek author agricultur cooper made scheme beneficiari dairi cooper agno consid sme mean applic commun guidelin end agno strong workforc maximum sme eur million turnov maximum time aid grant eur million commiss conclud restructur scheme cooper limit sme applic commun guidelin commiss authoris scheme greek author fail suppli commiss request decis open articl procedur measur detail inform implement scheme beneficiari case agno substanc approv restructur aid gener condit fulfil restor viabil restructur plan restor long term viabil health firm reason timescal basi realist assumpt futur oper condit improv viabil result intern measur extern factor extent assumpt evolut factor wide accept fulfil viabil criterion restructur plan enabl compani cover cost includ depreci financi charg gener minimum return capit firm compet market merit avoid undu distort competit aid measur avoid advers effect competitor object assess demand suppli situat demonstr exist excess product capac restructur plan make contribut proportion amount aid receiv restructur relev market european commun irrevers reduc close capac aid proport restructur cost benefit amount intens aid limit strict minimum need enabl restructur undertaken relat benefit anticip commun point view aid beneficiari expect make signific contribut restructur plan resourc extern commerci financ order limit distort effect aid provid compani surplu cash aggress market distort activ full implement restructur plan observ condit compani fulli implement restructur plan agre commiss discharg oblig laid commiss monitor annual report grant restructur aid monitor regular interv adequ report restor viabil provis articl greek law conjunct abg circular make access measur condit execut feasibl studi link modernis develop cooper feasibl plan show agricultur cooper satisfi financi oblig abg arrang abg includ condit assur modernis administr organis level reduct oper expenditur personnel reduc measur relev cost save measur sale unproduct asset reinforc capit imposit levi deliv product increas member equiti share feasibl plan includ complet timet complet financi restructur depend cooper provis revers previou debt arrang provis regular close monitor plan provis articl greek law link reduct financi exposur agricultur cooper abg regular reimburs commiss accept feasibl studi cooper consid restructur plan mean guidelin feasibl studi design assur financi support restructur process guid intern measur respect condit articl greek law provis measur greek state offset advers effect competitor aid scheme appli cooper cover agricultur sector includ sector structur excess product capac mention point annex commiss decis ec set sector limit commun guidelin aid process market agricultur product applic time open articl procedur aforement articl implement rule forese provis impos benefit cooper irrevers reduct closur capac contribut restructur relev market european level extent note contrari assert greek author decis ec applic commun region derog criteria object region greec decis ec mention yardstick judg overcapac sector cofinanc nation aid absolut refer indic overcapac market survei greek author argu present law provis impos reduct cessat product capac cessat loss make activ commiss consid greek law implement rule impos reduct product capac cooper oblig dispos idl asset abandon unus unprofit capac dispos idl asset fulli justifi order rebal asset liabil achiev viabil level cooper commiss provis oblig reduc capac real contribut beneficiari measur restructur specif sector commun context point commun guidelin refer condit restructur aid assist area provis region develop justifi commiss make flexibl assist area articl articl regard requir reduct capac case market structur overcapac commiss accept gener waiver requir greek author suppli justif flexibl case measur affect sector agricultur product greec condit relat proport cost restructur aid benefit commun point view firstli articl greek law implement provis limit amount benefit cooper strict minimum need enabl restructur commiss instanc approv aid limit minimum consequ commiss case agre debt reschedul produc surplu cash newli creat borrow capac cooper allow engag aggress market distort activ commiss consid measur increas equiti capit imposit levi unit deliv product sale idl asset consid contribut beneficiari restructur effort product levi sale assign restructur process level requir commiss judg consid quot signific quot light commun guidelin note articl greek law implement provis establish minimum level beneficiari contribut consid import fourth condit full implement restructur programm commiss note monitor implement busi plan perform abg case greek author initi restructur measur suffici ensur viabil cooper result set addit restructur measur impos case abg assum directli manag cooper exact detail condit assumpt control abg unclear action case full implement restructur programm hand direct assumpt control abg contradict implement provis law refer cancel debt reschedul arrang revers previou situat instal delai month failur assur full complianc restructur programm assumpt control abg impli aid cooper commiss full implement viabil measur approv settlement agre articl greek law condit commiss note adopt implement rule foresaw monitor reschedul arrang close interv greec fail suppli detail report implement measur request commiss open procedur provid articl treati take account commiss conclud provis articl greek law compli gener commun guidelin scheme concern sme mean relev commun guidelin approv commiss case aid grant dairi cooper agno framework articl greek law act governor bank greec octob articl greek law constitut scheme restructur agricultur cooper difficulti dairi compani agno beneficiari scheme gener principl commiss consid assess individu case applic scheme articl treati affect compat scheme common market take account fact complaint comment greek author abg focuss dairi cooper agno commiss consid pertin explanatori argument aid grant agno gener criteria rescu restructur firm difficulti take account concomit aid agno pursuant articl greek law aid grant framework act governor bank greec octob similar object instrument assess conjunct aid assess prejudic commiss posit relat compat state aid rule articl greek law respect condit commun guidelin restor viabil commiss note greek author suppli set measur implement measur envisag reestablish cooper financi balanc involv cost cut measur staff reduct job year reduct overtim supplementari payment staff market advertis expenditur gener cost grd million measur includ ensur resourc recoveri cooper capit increas cooper fee grd imposit special levi deliv milk grd kg year grd kg increas equiti capit sale real estat addit agno introduc modern market method extend product rang improv product qualiti cancel plan invest link milk process plant measur consid restructur plan mean guidelin order approv restructur plan abg limit financi assess net cash flow cooper net effect applic restructur plan minu loan instal entir loan period commiss view assess method measur capac cooper reimburs loan rate consid equival viabil assess cooper mean guidelin requir analysi profit cooper privat term import restructur plan net cash flow lower grd million cooper turnov respect condit reduct capac cooper activ dairi sector suffer structur overcapac commun market sector limit invest applic level primari product articl regul ec level process market dairi product point annex decis ec hand spite size restructur measur impos agno includ type capac reduct criterion proportion commiss consid favour provis articl greek law suffici agno restor viabil demonstr fact conjunct legal provis abg reschedul grd billion framework oper contribut beneficiari cooper restructur oper commiss assur contribut beneficiari restructur process signific calcul method commiss consolid loan cash grant equival recit take account fact loan grd billion grd billion grd billion total aid grd billion hand total combin effect special levi kilo milk deliv increas equiti sale asset gener beneficiari contribut grd billion restructur period equival total restructur aid commiss resourc contribut signific fourth condit full implement restructur plan result greek author comment initi measur impos cooper suffici ensur return viabil result set addit restructur measur impos hand agno receiv state assist write grd million debt abg pursuant greek law final abg agno manag take account situat occur set measur realist liabl bring agno viabil restructur measur fulli implement initi restructur measur fulli implement develop measur aid agno call question reason calcul initi prospect viabil assess individu aid grant dairi cooper agno confirm individu level conclus scheme implement articl greek law aid grant act governor bank greec octob respect commun guidelin takeov agno manag abg assess commiss pursuant articl treati procedur reason addit element assess framework decis vi conclus commiss consid tax provis cooper pursuant greek law debt reschedul provis act governor bank greec octob constitut state aid mean articl treati individu case debt reschedul arrang agno pursuant act governor bank greec octob commiss consid constitut state aid mean articl treati hand commiss consid provis articl greek law includ aid dairi cooper agno pursuant articl greek law provis articl greek law constitut state aid commiss regret greec illeg put abovement aid applic violat articl treati reason set aid satisfi requir articl treati qualifi exempt provid articl incompat common market case present notifi aid introduc await commiss final decis imper charact procedur rule set articl treati court justic recognis direct effect judgement june case carmin capolongo azienda agricola maya decemb case gebr lorenz gmbh feder republ germani march case steinick und weinlig feder republ germani prevent retrospect legalis aid judgment novemb case fédération national du commerc extérieur de produit alimentair franc articl council regul ec march lai detail rule applic articl ec treati neg decis case unlaw aid commiss decid member state concern action recov aid recipi reimburs order restor previou situat remov financi advantag unduli gain recipi date grant aid articl regul ec state aid recov includ interest rate set commiss interest run date illeg aid made recipi recoveri aid repaid accord procedur greek law amount aid bear interest date aid grant moment effect recoveri calcul basi market rate refer rate calcul grant equival framework region aid present decis prejudic eventu commiss investig competit impact behaviour abg greek agricultur sector present decis prejudic conclus commiss draw financ common agricultur polici european agricultur guidanc guarante fund eaggf adopt decis articl tax provis favour cooper pursuant greek law debt reschedul arrang act governor bank greec octob constitut state aid mean articl treati state aid incompat common market articl greek law articl greek law grant dairi cooper agno pursuant articl greek law amount grd million reschedul debt cooper agno agricultur bank greec amount grd billion framework act governor bank greec octob articl greek author measur recov recipi aid refer articl unlawfulli made month notif decis recoveri effect accord procedur greek law sum recov bear interest date made recipi actual recoveri interest calcul basi refer rate calcul grant equival region aid articl greec inform commiss month notif decis measur compli time period greek author request suppli commiss full list beneficiari shceme amount recov interest due inform take agno agricultur bank greec demonstr oper includ state aid favour agno inform allow commiss initi investig pursuant articl treati relat greek state agricultur bank greec competit impact agricultur sector purpos greec transmit commiss relev legisl balanc sheet bank year eventu comment subject report cover debt settlement arrang made abg agricultur cooper pursuant act governor bank greec octob apprais conform rule articl treati articl decis address hellen republ brussel march commiss franz fischler member commiss oj oj oj oj footnot oj oj direct amend direct eec oj oj sec march aid commiss letter sg april oj repeal regul ec oj direct amend direct eec oj sourc eurostat judgment court june case dmt publish offici journal oj bulletin ec fn point indent mutati mutandi privat contribut aid itali obtain council procedur articl subparagraph treati authoris grant aid order prevent bank claim person asset cooper member case bankruptci cooper oj preced oj judgment septemb case philip morri ecr judgment court instanc june case siemen commiss ecr ii case law cite oj guidelin nation region aid point oj judgment court januari case spain commiss pieza rodaj sa ecr judgment court june case kydep ecr page judgment european court justic case pig bacon commiss mccarren ecr footnot oj oj footnot preced case oj oj oj present oj footnot judgment court june case piaggio publish ecr ecr ecr ecr oj oj