# Commission Decision (EU) 2020/1411 of 2 March 2020 on the State aid No C 64/99 (ex NN 68/99) implemented by Italy for the Adriatica, Caremar, Siremar, Saremar and Toremar shipping companies (Tirrenia Group) (notified under document C(2020) 1108) (Only the Italian text is authentic) (Text with EEA relevance), Article 2

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

1. Italy shall recover the aid referred to in Article 1(3) from the beneficiary.
2. The sums to be recovered shall bear interest from the date on which they were put at the disposal of the beneficiary until their actual recovery.
3. The interest shall be calculated on a compound basis in accordance with Chapter V of Regulation (EC) No 794/2004 and to Regulation (EC) No 271/2008 amending Regulation (EC) No 794/2004.
4. Based on the information at its disposal, the Commission acknowledges that Italy has already recovered from the beneficiary the aid principal and part of the recovery interest due.

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Source: https://www.legislation.gov.uk/eudn/2020/1411/article/2 (the official version)
Page: https://openlegislation.uk/eu-decision-2020-1411/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.