Article 1U.K.
The Sate aid which France has implemented as development aid for the construction of the cruise ships Pacific Princess (formerly R3) and Tahitian Princess (formerly R4), in the form of tax concessions, is compatible with the common market under Article 87(3)(e) of the Treaty.
Article 2U.K.
This Decision is addressed to the French Republic.
Done at Brussels, 20 July 2005.
For the Commission
Neelie Kroes
Member of the Commission