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Croatia receives recognition of debt from steel producer CMC Sisak
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Monday, 30 Apr 2012
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By letter dated May 23rd 2011, Croatia informed the commission that it received recognition of debt from the steel producer CMC Sisak doo, corresponding to the restructuring aid, received by that company over the period from March 1st 2002 until February 28th 2007, plus compound interest.

Upon Croatia's accession, in the event that the total amount of this aid plus compound interest has not been reimbursed by CMC Sisak doo, the Commission shall order Croatia to recover any rescue and restructuring aid granted to that company since March 1st 2006, with compound interest.

Source - Journal of the European Union

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