commiss decis decemb french system assist industri compris special invest loan subsid loan enterpris addit refinanc loan fim industri modern fund loan french text authent eec commiss european commun regard treati establish european econom commun subparagraph articl thereof notic parti concern submit comment repeat request french govern inform commiss telex april ref sg januari sg februari sg letter date octob iv februari iv april iv introduct special loan scheme industri special invest loan prêt spéciaux pour investiss subsid loan enterpris prêt aidé aux entrepris addit refinanc loan prêt supplémentair de refinanc fim fond industriel de modernis industri modern fund loan special invest loan grant interest loan exce ff million fall part long term loan concessionari rate grace period princip repay year loan year year medium term bank loan market rate maximum year matur loan proport element packag decid lend establish light natur invest pai period profit total packag medium long term loan cover cost invest exclud tax loan firm commit invest project creat maintain job involv conserv energi raw materi increas firm eec export purchas equip autom product process applic innovatori process manufactur innovatori product total lend ff million ff million budget scheme subsid loan enterpris grant interest vailabl firm project rank high prioriti enter commit requir special invest loan elig condit term condit loan special invest loan total lend ff million ff million budget scheme scheme end decemb addit refinanc loan grant interest long term loan year year grace period applic submit end minimum loan year averag princip repay firm long term fix interest debt elig base firm entir fix interest borrow medium long term guarante lend institut special long term lend industri crédit nation caiss central de crédit coopératif crédit équipement de pme société de développ régional elig condit debt servic charg due medium long term fix interest debt french franc debt outstand decemb firm commit end invest financ special invest loan subsid loan enterpris appli januari decemb medium term loan approv guarante arrang period special lend institut total lend ff million budget scheme fim loan grant interest maximum term year grace period year loan cover invest cost fim loan intend support invest project innovatori natur prioriti area industri develop instal high technolog plant equip factori offic autom develop memori card biotechnolog instal microcomput school train colleg develop highli fuel effici vehicl claim procedur fim loan firm submit modern project bank direct nation research agenc anvar bodi report ministri industri anvar make technic evalu bank financi evalu project favour applic refer fim board endors reject approv applic forward fim industri modern bank caiss de moderis industriel cami charg budget cami advis caiss de dépôt de consign cdc receiv instruct minist cdc transfer monei applic bank author payment loan paid applic loan back state guarante ff million conting fund budget ministri industri research state guarante usual condit econom financ ministri total lend budget fim scheme ff million part carri million ff budget fim technolog equiti loan prêt participatif technologiqu ff million grant period septemb decemb ff million period januari octob addit fim leas loan worth ff million million grant period ii februari commiss open procedur laid articl treati regard abovement loan scheme ground involv aid fall articl treati fact suppli french govern qualifi except provid articl notic parti scheme publish offici journal european commun scheme consid involv aid mean articl scheme make loan availab industri interest rate fix govern market rate concessionari element financ case scheme special invest loan subsid loan enterpris addit refinanc loan interest subsidi govern set provis budget case fim loan special condit grant deposit quot industri develop save account quot codevi fund channel special lend institut case scheme interest subsidi make differ concessionari market rate commit special lend institut case crédit nation loan grant rate interest condit loan fix govern complianc monitor financi inspector respons risk select rest special lend institut french govern admit letter commiss date novemb scheme involv aid concessionari rate interest charg fim loan made fact fund obtain cheapli save deposit codevi account short term account pai low rate interest attract save signific quantiti ff million septemb account launch interest earn tax free govern forgo consider tax revenu concess bank pai significantli higher rate attract fund fim loan paid concessionari rate fund deposit codevi account specif purpos mandatorili laid law fund deposit bank includ crédit mutuel crédit agricol divid caiss de dépôt de consign state agenc cdc convert half treasuri bill rest lend fim loan return issu collect bank year industri develop certif tdi bear interest bank transfer half bank franc lend half industri medium long term loan pbe interest fund deposit save bank post offic save account transfer cdc liquid reserv transfer special lend institut relend fund industri form inter alia special invest loan subisidz loan enterpris addit refinanc loan fact fim loan subsid forgo tax revenu realloc tax revenu budget make state resourc aid purpos articl establish court justic case franc commiss ecr state guarante risk default lend bank charg aid element fim loan relat possibl except articl note aid scheme intend promot modern french industri select area regard french govern prioriti emphas gener object modern industri suffici commun interest justifii except articl specif object pursu french govern prioriti area select modern necessarili commun interest sole matter commiss decid light econom assess aid scheme provid firm substanti amount cheap fund modern plant equip case carri research monei save access cheap fund reli intern gener fund borrow expens commerci rate put busi increas firm competit strengthen balanc sheet signific competit advantag firm commun access credit facil court justic establish case philip morri ecr open articl procedur loan scheme commiss consid scheme part exist aid scheme loan provid similar condit similar purpos grant crédit nation behalf econom social develop fund financ ministri financ common origin fim loan scheme consid scheme commiss warn potenti beneficiari articl procedur suspensori effect assist grant scheme commiss reach final decis procedur illeg subject recoveri iii french govern submit observ repli open articl procedur letter date novemb iv novemb novemb iv decemb iv submiss french govern outlin condit procedur object subsid loan scheme state special lend institut grant loan privat decid complet independ risk loan provid govern interfer select risk grant independ lend institut loan gener aid industri govern laid condit satisfi loan order qualifi subsidi govern submit state aid relat financ packag arrang aid project lend institut wide discret expenditur financ loan financ distribut type loan blanket judgement made aid propos scheme vari substanti circumst cost invest project financ lend institut evalu risk final subsidi calcul refer current cost monei disburs borrow made repay lend institut rais monei cashflow situat requir condit vari consider occas institut network special lend institut extend loan averag ff fim loan scheme french govern submiss explain condit procedur aim scheme insist scheme financ budget resourc exclus codevi fund scheme enabl channel fund directli industri need scheme subsid tax exempt grant codevi account confer advantag firm govern guarante gener fim loan scheme simpli univers sourc financ tap firm undertak innovatori invest select prioriti field determin govern french govern maintain regard public aid mean articl eec treati govern submit fim financ project exclus involv modern invest loan provid resourc firm industri need renew product asset product rang prioriti set scheme outset accord clear european interest object fim contrari common market iv june commiss receiv comment member state feder republ germani denmark itali support open articl procedur respect aid scheme agre scheme confer competit advantag french firm benefit car industri advantag affect trade member state commun industri prioriti loan ti agre commiss justif appli except articl scheme french govern submiss reveal factor make commiss reconsid view loan scheme open articl procedur element aid mean articl scheme refer made discuss section ii regard possibl except articl point gener scheme natur lack region sector specif except articl propos award scheme examin case case determin effect effect mark loan fairli larg project undertaken firm activ market commiss understand french govern inform point larg proport loan fact grant firm firm industri intra commun competit fierc car electron food industri hand larg number averag size loan grant suggest high proport affect trade condit extent contrari common interest distinguish signific insignific award commiss scrutin appli loan scheme notif rule signific award gener aid scheme laid commiss letter member state septemb rule award meet criteria notifi award intens net grant equival invest award intens net grant equival invest invest exce million ecu award intens net grant equival invest invest exce million ecu award intens net grant equival invest invest exce million ecu addit member state requir send commiss end quarter year report scheme previou year state total amount award made scheme total aid invest number award subdivid industri european commun statist offic gener industri classif econom activ categori region defin section principl coordin region aid system case categori iv distinguish assist assist area report requir enabl commiss action articl event bunch award fall notif threshold industri region pose problem intra commun competit trade scale signific award defin inher affect trade condit extent contrari common interest gener presumpt case award fall threshold posit aid manufactur product servic question minor scale intens aid low signific effect intra commun competit trade case subject post monitor lend fim scheme take place huge scale doubt substanti impact lend continu unab articl procedur open suspensori effect procedur aid scheme fim french govern notifi signific case loan extend car manufactur commiss refer letter march commiss unabl signific case aid affect intra commun trade extent contrari common interest apprais compat aid articl articl aid featur principl incompat common market except provid articl potenti applic case requir aid serv commun object simpli serv interest aid recipi except constru narrowli region industri aid scheme signific individu award gener scheme scrutin invok commiss satisfi aid market forc insuffici guid recipi pattern behaviour serv object invok except case aid serv object give unfair advantag member state trade condit member state affect competit distort justif ground commun interest appli principl set scrutini gener aid scheme signific individu award scheme commiss satisfi aid justifi contribut recipi make object articl end demonstr invest aid undertaken case evid aid serv object except claus bolster financi posit recipi aid scheme question industri region specif gener aid scheme award vari consider size effect competit intra commun trade depend industri firm concern scale aid invest intens aid signific case aid french govern scheme strengthen recipi posit vi vi firm compet intra commun trade french govern unabl give commiss discov justif find case scheme satisfi condit applic except provid articl further prioriti industri interest franc industri modern suffici commun interest justifi applic except signific case scheme affect trade condit extent contrari common interest strengthen posit aid firm vi vi competitor commun signific award aid form special invest loan subsid loan enterpris addit refinanc loan fim loan consid satisfi condit applic except provid articl commiss duti enforc commun code aid sensit industri steel shipbuild man made fibr textil cloth french govern grant aid form fim loan commiss final decis articl aid consid illeg signific case found incompat articl commiss entitl order recoveri enabl commiss determin compat individu award french govern requir notifi case februari french govern remind oblig articl inform commiss alter aid scheme involv loan cover decis adopt decis articl commiss object implement aid scheme entitl special invest loan prêt spéciaux pour investiss subsid loan enterpris prêt aidé aux entrepris addit refinanc loan prêt supplémentair de refinanc industri modern fund loan prêt du fond industriel de modernis fim condit french govern notifi signific case advanc accord articl treati enabl determin aid case compat articl treati articl purpos notif requir articl signific case relat exist scheme threshold exceed case intens aid exce net grant equival invest case intens aid net grant equival invest invest exce million ecu case intens aid net grant equival invest invest exce million ecu case intens aid net grant equival invest invest exce million ecu addit french republ submit end quarter year report scheme previou year state total amount award made scheme total aid invest number award subdivid industri european commun statist offic gener industri classif econom activ articl commun code aid steel man made fibr shipbuild textil cloth industri observ articl french republ notifi commiss februari accord articl treati signific case defin articl fim loan grant articl french republ inform commiss februari measur compli decis articl french republ inform commiss accord articl treati alter aid scheme involv loan cover decis articl decis address french republ brussel decemb commiss fran andriessen member commiss