Commission notice — State aid recovery interest rates for the period 14 April 2008 to 30 June 2008

Commission Regulation (EC) No 271/2008 of 30 January 2008 amended Regulation (EC) No 794/2004 inter alia as concerns the method for fixing the recovery interest rates. According to Article 9(2) of Regulation (EC) No 794/2004, as modified by Article 1 of Regulation (EC) No 271/2008, “the interest rate shall be calculated by adding 100 basis points to the one-year money market rate”. Regulation (EC) No 271/2008 was published in the Official Journal L 82 of 25 March 2008. According to its Article 2, Regulation (EC) No 271/2008 enters into force 20 days after its publication in the Official Journal, i.e. on 14 April 2008.

In line with Article 10 of Regulation (EC) No 794/2004 (provision not modified by the Regulation (EC) No 271/2008), the Commission publishes “current and relevant historical State aid recovery interest rates in the Official Journal of the European Union and for information on the Internet”. The recovery interest rates applicable on the basis of Regulation (EC) No 271/2008 have not yet been published for the period between 14 April and 30 June 2008. In order to complement the data series for the State aid recovery interest rates, and to bring the published rates in line with the method and provisions foreseen in the Regulation (EC) No 271/2008, the following table is published in the Official Journal. These changes to the rates will be applicable as from the date of their publication in the Official Journal.

Commission notice — State aid recovery interest rates for the period 14 April 2008 to 30 June 2008

Commission Regulation (EC) No 271/2008 of 30 January 2008 amending the Regulation (EC) No 794/2004 foresees that, unless otherwise provided for in a specific decision, the recovery rate will also be calculated by adding 100 basis points to the base rate.