commiss decis juli state aid implement franc form develop assist cruis vessel quot le levant quot built alstom leroux naval oper saint pierr miquelon notifi document number french text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl thereof regard agreement european econom area articl thereof regard council direct eec decemb aid shipbuild articl thereof call interest parti submit comment pursuant provis cite procedur articl publish lloyd list commiss learn late cruis vessel le levant built alstom leroux naval franc contract price frf million financ mean tax concess investor financ build vessel aid notifi commiss respons commiss enquiri franc provid inform project letter date commiss ask addit question letter date june franc repli letter date august franc submit observ letter date januari june letter comment observ submit legal repres compagni de île du levant hereinaft refer quot cil quot context procedur commiss ask question letter date februari franc repli letter date april june letter sg date decemb commiss inform franc decid initi procedur laid articl ec treati commiss decis initi procedur publish offici journal european commun commiss invit interest parti submit comment aid comment receiv forward commiss franc opportun react ii detail descript aid aid grant cruis vessel le levant acquir group privat investor put joint ownership initi vessel leas cil subsidiari french compani compagni de île du ponant regist walli futuna investor authoris deduct invest taxabl incom tax concess enabl cil oper vessel attract term investor oblig sell back share year begin cil turn oblig bui share price enabl aid pass condit aid cil requir oper vessel minimum year essenti st pierr miquelon dai year aid grant tax scheme loi pon allow tax concess invest french oversea depart territori scheme approv commiss franc inform commiss aid case ident aid grant vessel tahiti nui paul gauguin commiss estim tax concess net grant equival aid repres tax concess frf million eur million commiss doubt estim econom benefit saint pierr miquelon project expect creat job board vessel guarante crew resid island econom benefit origin estim franc frf million annum year period cil requir oper vessel essenti island lower total amount aid fact gave rise question proportion commiss doubt aid develop assist vessel call saint pierr miquelon origin envisag commiss doubt condit articl direct ec met decid initi procedur laid articl treati iii comment interest parti commiss receiv comment cil legal repres argu compani regard beneficiari aid respons oper vessel risk behalf vessel joint owner privat investor hold share rest held cil bui vessel market econom legal financi condit met argu relev legal framework shipbuild aid direct aid regard aid shipbuild previou similar case notabl decis relat renaiss financi commiss consid aid beneficiari shipyard iv comment franc franc transmit comment letter januari june april june letter june concern comment interest parti provid addit inform letter april clarifi movement vessel contain estim financi benefit island letter june explain contractu arrang investor cil organis financi institut initi comment french author stress climat condit vessel oper saint pierr miquelon water winter guarante prioriti recruit crew member saint pierr miquelon resid case benefit term indirect job creation island result vessel stopov basi visit year passeng recept embark disembark ship suppli benefit repres addit job job creat infrastructur project dint fact cruis oper interest visit island french author argu assess proportion aid account fact cil oblig oper vessel year area longer interest arctic cruis assess base minimum ten year final reaffirm import project high level unemploy island econom diversif fish observ comment receiv cil legal repres french author origin estim job relat direct employ board vessel addit job part time job estim direct job base oper vessel island dai year recent letter french author confirm ship visit island envisag econom impact lower expect case posit econom effect island matter aid beneficiari french author disagre cil legal repres point object loi pon oper develop oversea activ compens handicap face regard case issu oper acquir ownership vessel attract term price aid pass cil french author point commiss agre past challeng project carri oversea territori similar procedur initi commiss letter sg januari applic law limit sole vessel intend oversea depart vessel club med ii recent tahiti nui continu benefit articl shipbuild direct assign oversea territori french author point renaiss financi case commiss line assess aid aid grant vessel question assess light articl council direct decemb aid shipbuild concern aid shipbuild grant develop assist aid scheme loi pon approv articl shipbuild direct aid grant develop assist develop countri deem compat common market compli term laid purpos oecd work parti agreement interpret articl understand export credit ship addendum corrigendum agreement hereinaft refer quot oecd criteria quot commiss verifi develop content propos aid satisfi fall scope agreement commun member state commiss letter sg januari develop aid project compli oecd criteria vessel oper flag conveni event aid classifi public develop aid purpos oecd donor confirm aid part intergovernment agreement donor give assur real owner resid recipi countri recipi compani oper subsidiari foreign compani purpos direct elig recipi countri includ develop countri classifi oecd oversea countri territori european union includ french oversea territori recipi give undertak sell ship government approv aid grant includ concessionari element addit commiss verifi project genuin develop content case german develop aid chines compani cosco court establish commiss oblig verifi develop content project separ oecd criteria commiss assess includ verif project genuin develop object viabl aid aid applic criteria present case commiss articl procedur initi project meet oecd criteria reason le levant oper french flag requir oper flag conveni met saint pierr miquelon list countri elig develop aid annex commiss letter sg member state oper eventu owner regist walli futuna quot recipi countri quot saint pierr miquelon group island commiss list countri elig develop aid aid object ground cil appear oper subsidiari foreign compani vessel resold approv french author aid grant condit cil oper vessel year saint pierr miquelon bui investor mainland franc continu oper aid intens exce develop criterion met case kei point french estim econom benefit base assumpt vessel call saint pierr miquelon time season dai late end octob climat condit area permit cruis figur port visit state tabl estim econom benefit island realiti inform submit french author letter april cruis undertaken includ saint pierr miquelon itinerari start finish point cruis depart arriv saint pierr stopov port saint pierr season combin initi estim french author letter cruis saint pierr plan includ includ mini cruis arriv depart saint pierr total stopov port saint pierr compar initi estim basi figur commiss conclud assumpt underli calcul econom benefit saint pierr miquelon wrong recalcul estim econom benefit french figur take account lower number port visit regard direct econom benefit french estim spend link oper vessel frf million annum local spend passeng estim frf million annum case data base port visit year vessel visit port time year plan make visit year natur econom benefit envisag calcul food equip port fee assum proport number visit port benefit put frf million year basi visit assum econom calcul made franc correct regard impact ship visit take account number visit benefit island amount initi estim benefit initi estim year real benefit frf million frf million french author passeng embark disembark saint pierr year assum econom impact frf million impli spend frf person reason passeng spend night island cruis benefit estim frf million frf million year cruis schedul take figur total econom benefit saint pierr miquelon year frf million total aid frf million time greater econom benefit island direct job concern french author state prioriti emploi resid saint pierr miquelon crew inform provid fishermen island train work ship presumpt crew larg extent island claim indirect benefit develop infrastructur possibl cruis oper visit island quantifi directli relev develop charact project proportion aid involv account assess final commiss accept argument put forward french author effect longer period year account oblig cil continu oper vessel saint pierr miquelon period light forego commiss conclud establish project develop project alleg benefit term direct job creation substanti base realist assumpt alleg direct econom benefit significantli aid involv result clear lack proportion aid intend econom impact commiss find franc unlawfulli implement aid question breach articl treati aid consist shipbuild direct incompat common market recov interest beneficiari aid remain question parti main beneficiari aid point mention procedur initi time commiss note beneficiari quantifi aid investor receiv tax concess analysi valid french author investor obtain advantag tax concess owner vessel term joint ownership continu enjoi advantag year deliveri vessel begin vessel sold price inform transfer aid oper cil clear cil main final beneficiari aid ship sold advantag price shipyard benefit indirectli aid enabl obtain order won recoveri aid unlaw incompat aid grant recov order restor effect competit end interest charg date made beneficiari time recov light analysi doubt investor direct beneficiari current owner vessel repai aid doubt privat individu investor hold share held respons misus aid benefit continu benefit tax concess owner vessel bought attract term ship sold cil market price aid transfer cil repai aid transfer place mid oper cil consid liabl repai aid stage shipyard recoveri place current circumst respect explain provis develop assist seventh shipbuild direct reason open possibl grant higher level aid allow shipbuild contract higher level aid declar compat oecd rule respect clear rule address aid donor shipown develop countri shipyard oecd substant rule includ develop criteria breach reason accus shipyard held respons oper ship deliveri adopt decis articl state aid franc implement form tax concess develop assist cruis vessel le levant built alstom leroux naval oper french oversea territori saint pierr miquelon regard genuin develop assist mean articl council direct eec aid shipbuild incompat common market articl franc measur discontinu recov investor direct beneficiari current owner cruis vessel aid refer articl unlawfulli made beneficiari recoveri effect delai accord procedur nation law provid effect execut decis aid recov includ interest date dispos beneficiari date recoveri interest calcul basi refer rate calcul grant equival region aid articl franc inform commiss month notif decis measur compli articl decis address french republ brussel juli commiss mario monti member commiss oj oj footnot busi secret oj state aid case oj footnot