
Article 1 
The aid granted to the Fund for the prevention of risks to fishing (FPAP) for the acquisition of financial options on the oil futures market and implemented unlawfully by France in breach of Article 88(3) of the Treaty is incompatible with the common market.
Article 2 
The aid granted to fisheries undertakings in the form of a reduction of their fuel expenditure and unlawfully granted by France in breach of Article 88(3) of the Treaty is incompatible with the common market.
Article 3 
Individual aid granted to a fisheries undertaking under Article 2(1) of Council Regulation (EC) No 994/98 shall not be subject to recovery if, at the time it is granted, it meets the conditions laid down by the regulation adopted under Article 2 of Regulation (EC) No 994/98 applicable at the time the aid was granted.
Article 4 

1. France shall recover the incompatible aid referred to in Articles 1 and 2 from the beneficiaries.
2. The sums to be recovered shall bear interest from the date on which they were placed at the disposal of the beneficiaries until their actual recovery.
3. The interest shall be calculated on a compound basis in accordance with Chapter V of Commission Regulation (EC) No 794/2004.
4. France shall cancel all outstanding payments of the aid referred to in Articles 1 and 2 with effect from the date of adoption of this Decision.
Article 5 

1. Recovery of the aid referred to in Articles 1 and 2 shall be immediate and effective.
2. France shall ensure that this Decision is implemented within four months of the date of its notification.
Article 6 

1. Within two months of notification of this Decision, France shall submit the following information to the Commission:
(a) the total amount (principal and recovery interests) to be recovered from the FPAP;
(b) a detailed description of the measures already taken and planned to comply with this Decision;
(c) documents demonstrating that the FPAP has been ordered to repay the aid.
2. France shall keep the Commission informed of the progress of the national measures taken to implement this Decision until recovery of the aid referred to in Article 1 has been completed. It shall immediately submit, on simple request by the Commission, information on the measures already taken and planned to comply with this Decision. It shall also provide detailed information concerning the amounts of aid and recovery interest already recovered from the FPAP.
Article 7 

1. Within two months of notification of this Decision, France shall submit the following information to the Commission:
(a) a list of fisheries undertakings that have received aid as referred to in Article 2 and the total amount of aid received by each of them;
(b) the total amount (principal and recovery interests) to be recovered from each beneficiary;
(c) a detailed description of the measures already taken and planned to comply with this Decision;
(d) documents demonstrating that the beneficiaries have been ordered to repay the aid.
2. France shall keep the Commission informed of the progress of the national measures taken to implement this Decision until recovery of the aid referred to in Article 2 has been completed. It shall immediately submit, on simple request by the Commission, information on the measures already taken and planned to comply with this Decision. It shall also provide detailed information concerning the amounts of aid and recovery interest already recovered from the beneficiaries.
Article 8 
This Decision is addressed to the French Republic.
Done at Brussels, 20 May 2008.
For the Commission
Joe BORG
Member of the Commission