The EFTA Surveillance Authority’s notice on current State aid recovery interest rates and reference/discount rates for three EFTA States applicable as from 1 June 2012

(Published in accordance with Article 10 of the Authority’s Decision No 195/04/COL of 14 July 2004  (1) )

2012/C 314/04

Base rates are calculated in accordance with the Chapter on the method for setting reference and discount rates of the Authority’s State aid Guidelines as amended by the Authority’s Decision No 788/08/COL of 17 December 2008 (2). To get the applicable reference rate, appropriate margins have to be added in accordance with the State aid Guidelines. For the discount rate this means that the appropriate margin of 100 basis points has to be added to the base rate. The recovery rate will also normally be calculated by adding 100 basis points to the base rate as foreseen in the Authority’s Decision No 789/08/COL of 17 December 2008 (3) amending the Authority’s Decision No 195/04/COL of 14 July 2004 (4).

(1)  OJ L 139, 25.5.2006, p. 37 and EEA Supplement No 26, 25.5.2006, p. 1.

(2)  OJ L 105, 21.4.2011, p. 32 and EEA Supplement No 23, 21.4.2011, p. 1.

(3)  OJ L 340, 22.12.2010, p. 1 and EEA Supplement No 72, 22.12.2010, p. 1.

(4)  See consolidated version on http://www.eftasurv.int/media/decisions/195-04-COL.pdf