# Commission Decision of 23 February 2011 on the State aid C 48/08 (ex NN 61/08) implemented by Greece in favour of Ellinikos Xrysos SA (notified under document C(2011) 1006) (Only the Greek text is authentic) (Text with EEA relevance) (2011/452/EU), Article 1

Extent: E+W+S+N.I.

The State aid amounting to EUR 15,34 million unlawfully granted by Greece in breach of Article 108(3) of the Treaty on the Functioning of the European Union, in favour of Ellinikos Xrysos S.A. by way of a sale of assets and land below its value and a waiver of the associated taxes, with the aim of protecting the employment and the environment and also of creating an incentive for potential buyers of the Cassandra Mines, is incompatible with the internal market.

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Source: https://www.legislation.gov.uk/eudn/2011/452/article/1 (the official version)
Page: https://openlegislation.uk/eu-decision-2011-452/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

