
Article 1 
The individual aid to the R & D projects in the aeronautical industry listed in paragraph 2 which was granted by Italy under Article 3(a) of the Italian Law of 24 December 1985, No 808, is compatible with the common market in accordance with Article 87(3) of the EC Treaty, subject to compliance with the conditions set out in Articles 2 and 3.
The projects concerned are the following:

((a)) aid to Augusta: the A109 D/E/F, A109 X, and A119 Koala projects;
((b)) aid to Aermacchi: the DO328, DO328 Extended Capacity and DO328 Panels projects;
((c)) aid to Alenia: the ATR72, ATR42 500, MD11 LWRP J/S, Falcon 2000, MD11 Winglet, MD95 and Pressurised Cabins projects;
((d)) aid to Avio: the GE90 B, GE90 Growth and LPT PW308 projects; and
((f)) aid to Piaggio: the Falcon 2000 project.
Article 2 
For the following projects and recipients the Italian Republic shall ensure that the following conditions are met:

((a)) aid to Augusta

((i)) for the A109 D/E/F project, the outstanding principal is to be reimbursed immediately, with compound interest;
((ii)) for the A109 X project, the reimbursement schedule is to be adhered to until full reimbursement of the loan by 31 December 2018;
((iii)) For the A119 Koala project, the reimbursement schedule is to be adhered to until full reimbursement of the loan by 31 December 2009;
((b)) aid to Aermacchi

((i)) for the DO328 project, the outstanding principal is to be reimbursed immediately;
((ii)) for the DO328 Extended Capacity project, the reimbursement schedule is to be adhered to until full reimbursement of the loan by 31 December 2009;
((iii)) for the DO328 Panels project, the outstanding principal is to be reimbursed immediately, with compound interest;
((c)) aid to Alenia

i)) for the ATR72 project, the outstanding principal is to be reimbursed immediately, with compound interest;
(ii)) for the ATR42-500 project, the outstanding principal is to be reimbursed immediately, with compound interest;
(iii)) for the Falcon 2000 project, the outstanding principal is to be reimbursed immediately, with compound interest;
(iv)) for the MD11 Winglet project, the outstanding principal is to be reimbursed immediately, with compound interest;
(v)) for the MD95 project, the reimbursement schedule is to be adhered to until full reimbursement of the loan by 31 December 2008;
(vi)) for the Pressurised Cabins project, the outstanding principal is to be reimbursed immediately, with compound interest;
((d)) aid to Avio

((i)) for the GE90 B project, the outstanding principal is to be reimbursed immediately, with compound interest;
((ii)) for the GE90 Growth project, the outstanding principal is to be reimbursed immediately, with compound interest;
((iii)) for the LPT PW308 project, the reimbursement schedule is to be adhered to until full reimbursement of the loan by 31 December 2013;
((e)) aid to Piaggio

((i)) for the Falcon 2000 project, the reimbursement schedule is to be adhered to until full reimbursement of the loan by 31 December 2013.
Article 3 

1. Immediate reimbursement must take place within two months of this Decision, in accordance with the procedures of national law, provided that they allow the immediate and effective enforcement of the Decision.
2. In the cases of immediate reimbursement the interest applied shall be calculated on a compound basis in accordance with Regulation (EC) No 794/2004.
3. Within two months of notification of this Decision, the Italian Republic shall provide the following information to the Commission:
(a) the total amount reimbursed by the recipients;
(b) a detailed description of the measures taken and to be taken to comply with this Decision;
(c) documents demonstrating that aid has been reimbursed.
4. The Italian Republic shall keep the Commission informed of the progress of the national measures taken to implement this Decision until reimbursement of the aid referred to in Article 2 has been completed.If so requested by the Commission it shall immediately provide information on the measures already taken and to be taken to comply with this Decision.It shall also provide detailed information concerning the amount of aid reimbursed and interest paid by the recipients.
5. In those cases where reimbursement schedules continue beyond 2008, Italy shall supply to the Commission an annual report on the payments received by the recipients, certified by auditors.
Article 4 
This Decision is addressed to the Italian Republic.
Done at Brussels, 11 March 2008.
For the Commission
Neelie KROES
Member of the Commission