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Article 2

United Kingdom

Original text. Later amendments are not shown.

1.

The Hellenic Republic shall recover the aids referred to in Article 1 from the beneficiaries.

2.

The sums to be recovered shall bear interest from the date on which they were put at the disposal of the beneficiaries until their actual recovery.

3.

The interest on the sums to be recovered shall be calculated on a compound basis in accordance with Chapter V of Regulation (EC) No 794/2004 and Commission Regulation (EC) No 271/2008f1 amending Regulation (EC) No 794/2004.

4.

The Hellenic Republic shall stop granting the benefit of the schemes referred to in Article 1 and shall cancel all outstanding payments of aid under the schemes referred to in Article 1 with effect from the date of adoption of this decision.

Annotations

Footnotes

f1

Commission Regulation (EC) No 271/2008 of 30 January 2008 amending Regulation (EC) No 794/2004 implementing Council Regulation (EC) No 659/1999 laying down detailed rules for the application of Article 93 of the EC Treaty (OJ L 82, 25.3.2008, p. 1).