commiss decis juli aid grant french govern produc textil cloth paper product boussac saint frère french text authent eec commiss european commun regard treati establish european econom commun subparagraph articl thereof notic parti concern submit comment provid articl regard comment repeat request commiss french govern belatedli inform commiss telex march letter august financi assist grant largest textil cloth paper produc franc aid grant june august take form particip firm capit amount ff million idi institut de développ industriel transfer sopari société de particip de restructur industriel subsidiari idi state own capit advanc compt courant actionnair sopari amount ff million grant loan reduc interest rate state guarante french govern initi statement financi inject consid financ invest quantifi substanc basi inform commiss time addit aid paid initi scrutini commiss consid aid grant notifi commiss illeg french govern fail fulfil oblig articl eec treati commiss view intervent idi sopari favour firm question consid rescu aid view compani financi record situat commiss establish polici rescu aid pend restructur plan grant short period form credit loan market rate member state inform letter januari aid question case meet condit set commiss commiss consid aid paid grant contravent condit set accept decemb french sector aid scheme favour textil cloth industri reduct social charg commiss view situat commun textil cloth industri time aid question includ aid grant envisag promot develop commun point view adequ counteract trade distort effect aid favour undertak question sector high volum trade competit keen liabl affect trade member state incompat common market commiss view aid meet condit fulfil except laid articl appli initi procedur provid subparagraph articl eec treati letter decemb gave french govern notic submit comment member state inform januari interest parti januari ii french govern submit comment procedur provid articl eec treati letter februari june octob februari june juli march bilater meet octob juli februari march april point restructur effort undertaken compani led closur product site consider reduct employ elimin product line transfer product site independ produc french govern mention call strateg plan pursu firm letter juli confirm letter march french govern inform commiss financi assist mention letter august addit aid grant meantim total sum ff million paid take form capit inject ff million sopari juli transfer idi order restor increas compani capit capit inject ff million ff million june ff million januari sopari purpos carri dividend paid year advanc sopari ff million grant june reimburs end onward low interest loan ff million decemb ff million decemb ff million decemb ff million januari reduct social charg amount ff million grant june point invest project paper sector undertaken product site roann saint ouen benefit region plan premium prime aménag du territoir pat amount ff million contrast initi statement march august french govern procedur intervent requir restor financ firm ff million character normal market economi behaviour fall articl eec treatri intervent grant specif purpos gener ration compani textil busi concern effort ration includ textil invest dismiss earli retir worker retrain worker closur transfer product site member state feder individu firm comment procedur iii intervent sopari favour firm question place explicit request subsequ specif directli compens french govern reimburs appar public author inject capit acquir hold compani provid equiti capit normal market economi condit case assess light articl posit made clear commiss letter septemb member state commiss approach public hold compani capit annex letter obviou inject issu state aid aid grant compani question prevent forc work market economi normal consequ disappear uncompetit firm firm busi artifici encumb structur commun industri face adapt difficulti capit contribut circumst accept privat investor oper normal market economi condit present case financi posit compani volum debt ff million normal return dividend capit gain expect reason time capit invest inadequ cash flow result long term oper loss reason machineri man market compani overcapac compani rais fund need capit market ff million capit inject abovement aid grant privat investor prepar step fact investor compani symbol sum ff demonstr aid charact post french govern implicitli recogn aid charact intervent calcul letter date juli submit procedur net grant equival intervent reduct social charg final note court justic clarifi applic articl acquisit public hold judgment novemb case intermil judgement juli case meura case boch order determin contribut capit state aid court held compani question obtain financ privat capit market evid suggest beneficiari aid surviv public fund rais capit requir open market privat investor conclud payment constitut state aid case question basi fact outlin compani concern obtain suffici capit ensur surviv privat capit market privat compani base decis forese possibl profit disregard social consider consider region sector polici made capit subscript consequ intervent ff million constitu state aid mean articl equal low interest advanc loan reduct social secur charg state aid articl enabl recipi reliev public fund cost bear aid notifi commiss provid articl french govern fail notifi aid question case advanc commiss unabl state view measur implement aid illeg relat commun law time oper situat produc failur fulfil oblig aid paid recipi confirm french govern ff million grant commiss initi formal examin procedur articl novemb aid regard illeg commun law respect recal view imper charact rule procedur laid articl import public order direct effect court justic recogn rule june case illeg aid issu remedi posteriori illeg charact aid issu result failur respect rule procedur laid articl time aid incompat common market articl eec treati case aid incompat common market commiss make possibl court justic judgment juli case confirm judgment februari case requir member state recov aid grant illeg recipi iv textil cloth paper sector trade member state suffici document statist evid competit keen french textil cloth paper industri produc ad sector commun particip activ intra commun trade export total product output member state compani question case largest produc textil cloth franc turnov ff million textil cloth highli diversifi interest textil product group largest textil firm commun compani particip activ intra commun trade export textil product member state period end aid grant textil export member state increas aid issu present case distort competit calcul improv recipi financi posit return invest reduc cost give competit advantag manufactur complet intend complet similar action expens part aid restor financ compani normal circumst disappear distort competit appreci financi assist amount ff million take account region plan premium pat ff million destin restor firm financ cover ration cost includ textil invest reduc cost compani face margin give assist firm consider advantag unaid competitor state financi aid strengthen posit undertak compar undertak compet intra commun trade regard affect aid case aid enabl compani question surviv put receivership reduc consider ration modern cost firm bear liabl affect trade distort threaten distort competit member state favour enterpris mean articl treati articl lai principl aid featur incompat common market except principl incompat set articl applic case charact aid intend purpos articl set aid consid compat common market compat treati determin context commun singl member state order safeguard proper function common market take account principl articl treati except principl articl set articl constru narrowli aid scheme individu award scrutin appli except case contribut object set articl aid end give unfair advantag industri undertak financi posit bolster trade condit member state affect competit distort justif ground commun interest set articl french govern unabl give commiss discov justif find aid fall categori except articl period compani benefit aid major interest textil cloth field french govern compani number textil group franc fact compani largest textil group franc largest commun french govern inform commiss invest paper sector benefit aid pat ff million grant region aid scheme approv commiss remain financi assist ff million subject full condit aid textil cloth industri defin commun guidelin aid sector commun member state letter juli februari guidelin number criteria work commiss aid nation expert order guid govern member state intervent possibl make sector guidelin commiss point aid textil cloth sector mark high degre competit commun level involv risk caus distort competit unaccept competitor benefit measur appli aid modern ration gener mark repercuss competit subsequ develop confirm commiss concern guidelin regard ration modern invest aid commun textil cloth industri undergon extrem rapid progress chang year product declin pressur competit tradit export market commun market million job repres total employ industri lost sever length crisi forc undertak sector make great effort restructur modern product plant result industri adapt establish progress competit profit import role plai commun guidelin aid sector restor balanc maintain establish true market economi wide recogn industri remain vulner continu subject extrem strong intern competit commiss take view uncoordin state intervent conflict commun interest put risk past present effort undertaken commun textil cloth produc adapt chang market condit commiss continu attach greatest take account member state abovement guidelin aid issu meet condit set guidelin firstli guidelin provis grant aid purpos maintain compani busi contrari rescu ail textil compani rightli regard bring last improv industri nation commun level affect condit competit common market facilit improv industri competit posit prerequisit recoveri success intern textil market guidelin requir aid textil appli short period condit fulfil case issu aid grant juli januari guidelin aim aid provid beneficiari short term level competit suffici ensur success intern textil market firm issu continu suffer substanti loss juli end amount ff million condit equal fulfil thirdli guidelin direct connect grant aid oper benefit case french govern inform commiss part financi intervent gener intend restor financ firm question reamin aid grant serv purpos ration compani direct specif project situat condit set guidelin met direct link aid individu oper apprais impact aid benefit oper difficult final guidelin requir aid affect competit trade absolut respect point year period aid grant juli januari firm increas textil export member state clear indic trade remain unaffect aid downturn export fulli line gener poorer export perform french textil industri chang assess view forego consider conclud aid question grant contravent commun guidelin aid textil cloth industri vi decemb commiss decid withdraw object implement sector aid scheme favour textil cloth industri franc relief social secur cost letter januari inform french govern modif propos measur regard compat common market aid grant individu undertak context sector aid scheme benefit except articl condit scheme accept commiss fulfil import case question condit link reduct social charg scheme compani ratio capit long short term debt consid viabl benefit aid programm aid gener region specif condit fulfil firm question file bankruptci long short term debt exceed ff million capit fulli util cover loss situat financi crisi compani benefit aid textil cloth aid scheme aid maximum aid intens firm take account aid grant textil cloth scheme gener region specif scheme exce net grant equival relat invest undertaken present case ff million grant benefit textil cloth invest total ff million period grant equival case stand net grant equival meaningless continu loss firm year consider amount figur exce consider maximum fix compani grant aid contravent condit link textil aid scheme aid grant invest purpos compani rais invest cost resourc case compani receiv ff million undertook textil invest ff million requir ratio reach aid surpass invest compani grant aid contravent condit link aid scheme aid grant genuin restructur invest case conclud inform invest undertaken firm provid french govern procedur simpl modern product facil purpos keep busi affect fundament chang financ invest concern replac total date equip order regain competit lost year exampl french govern invest alleg high technolog content demonstr belat adapt product techniqu process place commun textil industri ten year earlier invest genuin restructur carri financi resourc compani state aid commiss consid textil cloth sector invest made enterpris purpos keep busi maintain level busi effect basic chang qualifi assist point invest effort firm french govern underlin comment procedur import reduct number job offer part ration process correct consider reduct undertaken dismiss earli retir transfer worker independ produc continu product manufactur site equal transfer forgotten reduct surviv compani consider overstaf virtual depart confirm french govern occas addit increas capac invest textil machineri claim franc consider reduct personnel direct result instal date equip relat workforc reduct mind past year textil cloth industri commun auspic commun aid disciplin carri major restructur effort loss million job repres heavi social region burden adjust addit reduct financ industri commun guidelin provid state aid purpos sever length textil crisi commun forc undertak make great effort adjust state aid financi difficulti suffer difficulti reduc workforc demand essenti restructur measur case aid issu enabl firm grant compar gener sever pai worker effect reach ration product increas compani requir financ settlement final french govern claim consider reduct capac place respect point firstli notion capac mean textil cloth industri extrem larg rang articl view held commiss nation expert hold true firm issu view vast rang product capac broadli underli trend reduct sole due recent market develop subsector textil linen cotton fabric great import firm question demand fallen consider firm commun adapt situat thirdli reduct result scrap total date machineri partli date world war recent year product purpos fourthli relat capac reduct figur actual turnov firm constant price real reduct spectacular take account larg number product site site total employ worker transfer produc continu textil product practic real intern decreas output claim real decreas product remain compani issu mind mark slow increas consumpt textil commun time decreas combin increas rate export develop countri commun activ textil industri europ todai level compar develop evolut product firm question mean spectacular claim compani made effort term restructur note firm recent offici announc consider capac increas linen septemb action jeopard alleg capac reduct refer make inform reduct commun french govern doubt view forego consider conclud aid grant firm contravent condit link textil cloth industri aid scheme forc franc time case irrespect french govern comment procedur aid grant order restor financ firm aid reduct social charg scheme cover commiss decis reduct social charg aid scheme aid exempt condit link scheme ad ff million explicitli paid firm june reduct social charg scheme mean aid grant scheme respect commiss final neg decis eec notifi french govern letter januari decis requir franc date notif longer grant aid scheme question period month abolish scheme common ground case conclus evid franc continu pai aid scheme provid french govern step abolish aid scheme period prescrib decis recogn full court justic judgment novemb case vii respect aid paid order restor financ compani point commiss inform member state letter januari condit rescu aid regard compat common market rescu aid grant firm busi difficulti discov remedi work observ inter alia condit consist cash aid form loan guarante loan bear normal commerci interest rate aid receiv compani question case meet condit paid time need gener exceed month draw feasibl recoveri measur case rescu aid form inject capit grant short period durat sell price fix advanc aid grant condit met firm aim bankrupt compani busi aid recov grant feasibl recoveri measur drawn advers effect industri situat member state case compani question particip activ intra commun trade margin aid reduc firm cost document substanti aid enabl increas export member state end view fact firm time largest textil produc franc largest commun corrobor presumpt competit distort notifi commiss advanc signific individu case case compani view scale aid view size firm signific french govern fulfil oblig articl notifi aid suffici time enabl commiss submit comment initi respect administr procedur provid articl eec treati recal consider part aid paid firm open procedur final clear judgment court justic case refer rescu aid qualifi except articl firm recov firm expect oper viabl basi assist reason time excess product capac industri concern commun case consider assist grant view argument conclud financi inject meet condit link rescu aid set commiss letter januari member state defin court justic abovement judgment viii view forego consider respect aid observ artifici lower cost textil cloth paper produc issu present case bear gave unfair advantag undertak financi posit bolster compar firm sector concern recent year ration modern product financi assist end regard exempt provid subparagraph articl treati favour aid facilit develop econom activ observ aid facilit develop firm issu affect time trade condit extent contrari common interest artifici firm busi sector high level trade commun competit keen lower cost undertak question weaken competit posit produc commun effect increas pressur firm depress market price lead difficulti withdraw market produc hitherto surviv ow restructur product qualiti improv undertaken resourc aid undertak question artifici save bankruptci market posit longer sole determin effici merit power consid contribut develop commun point view adequ counteract trade distort effect aid regard exempt provid articl relat aid intend promot facilit develop area observ standard live area concern abnorm low underemploy mean exempt subparagraph exempt set subparagraph put forward french govern aid appli individu firm econom sector irrespect locat intend suit develop area provid exempt subparagraph aid grant firm form region plan premium pat purpos develop area concern decis exempt provid articl evid aid question intend promot execut import project common european interest remedi disturb french economi specif aid favour textil cloth paper compani suit remedi kind situat articl view forego consider aid question illeg french govern fulfil oblig articl treati meet condit except articl treati appli ix point commiss case requir member state recov illeg grant aid recipi case issu amount aid award compani larg amount relat invest undertaken size firm exce amount nation aid scheme propos reject commiss ground potenti distort competit french parafisc levi scheme textil cloth industri final neg decis eec textil cloth industri aid scheme put forward unit kingdom final neg decis eec belgian textil cloth industri aid scheme final neg decis eec serious scale breach commun legisl case requir measur found justif aid issu repay benefit receiv compani requir basi condit attach aid date grant applic interest rate charg period reimburs dividend commun french govern commiss real econom benefit aid amount ff million capit inject ff million capit inject made ff million advanc ff million low interest loan ff million reduct social charg total econom benefit stand ff million procedur letter date french govern claim ground impos addit recoveri excess substanti amount approxim ff million remain reimburs sopari french author respect firstli point bankruptci proceed initi firm public sector claim amount ff million constitut consider portion compani liabil judici settlement concordat reach contain oblig reimburs claim ff million reimburs previou debt total independ state aid question commiss debt account low interest loan grant firm obviou princip amount ff million includ advanc ff million reimburs final dividend link grant capit inject sopari collect ff million fact natur fulli account calcul grant equival econom benefit aid ration programm product site total workforc transfer independ compani purpos maintain job involv continu textil product independ firm prepar plant provid receiv financi assist job maintain paid compani wish dispos site worker order ration product increas product firm issu paid total amount ff million purpos averag payment worker high amount approxim ff grant directli end aid benefit oper declar french govern procedur observ aid artifici lower cost compani question bear payment made larg scale resourc firm commun competitor recent year normal commerci cost ration french state oblig addit fund freed compani invest purpos aid affect trade condit extent contrari common interest recov shortli site total workforc total number job transfer close textil product stop good amount ff million paid boussac saint frère facilit transfer confer benefit compani reliev cost bear site longer product aid consid abolish recov aid amount ff million total amount paid transfer amount deduct aid ff million receiv compani result total amount aid illeg grant carri econom benefit ff million sum ff million withdrawn recoveri adopt decis articl capit inject ff million provid sopari transfer idi loan ff million reduc interest rate reduct social secur charg ff million grant respect textil cloth aid scheme award boussac saint frère major produc textil cloth paper product period french govern belatedli inform commiss telex march letter august procedur articl letter februari june octob februari june juli march illeg provid violat provis articl eec treati incompat common market mean articl treati articl amount carri econom benefit amount ff million total sum ff million withdrawn recoveri articl french govern inform commiss month date notif decis measur compli herewith articl decis address french republ brussel juli commiss peter sutherland member commiss oj oj oj oj