OpenLegislation

Article 2

United Kingdom

Original text. Later amendments are not shown.

1.

The State aid unlawfully granted by Hungary to Péti Nitrogénművek Zrt. in breach of Article 108(3) TFEU is partly compatible, partly incompatible with the internal market.

2.

The unlawful State aid consisting in the difference between the subsidised interest rate under the Temporary Framework and the relevant reference rate is compatible with the internal market.

3.

The unlawful State aid consisting in the difference between the effective remuneration of the measures and the subsidised interest rate under the Temporary Framework is incompatible with the internal market.

4.

Hungary shall refrain from granting the State aid referred to in paragraph 3 with effect from the date of notification of this decision.