{
  "url": "https://openlegislation.uk/eu-decision-2009-610/article-12",
  "json_url": "https://openlegislation.uk/eu-decision-2009-610/article-12.json",
  "legislation": "eudn/2009/610",
  "legislation_title": "Commission Decision of 2 July 2008 on the measures C 16/04 (ex NN 29/04, CP 71/02 and CP 133/05) implemented by Greece in favour of Hellenic Shipyards (notified under document C(2008) 3118) (Only the Greek text is authentic) (Text with EEA relevance) (2009/610/EC)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2009-610",
  "path": "article/12",
  "kind": "article",
  "number": "12",
  "heading": null,
  "text": "The guarantees of EUR 3,26 million and of EUR 3,38 million granted by ETVA respectively on 4 March 1999 and on 17 June 1999 and which were cancelled in 2002 (these measures were named ‘measure E13b’ in the preamble of the present decision) constitute aid, which has been put into effect in contravention of Article 88(3) of the Treaty and which is incompatible with the common market.\nThe aid to recover for the period until the cancellation of the guarantees amounts to the difference between an annual guarantee premium of 480 basis points (i.e. 4,8 %) and the guarantee premium actually paid by HSY.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2009/610/article/12",
    "retrieved_at": "2026-11-01T15:16:24.871885+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}