Judgment_paragraph 2 · Italian Republic v Commission of the European Communities (C-261/89)

2By that decision the Commission found that:‘The two aids in the form of interest-free loans to be converted into equity capital amounting to LIT 70000 million and LIT 30000 million, granted by the Italian Government to the undertakings Alumínia and Comsal, are incompatible with the common market within the meaning of Article 92(1) of the EEC Treaty given that these aids have been granted in breach of the provisions of Article 93(3) of that Treaty and of the conditions laid down in the Commission's decision of 17 December 1986.’