Article 1

Derogations from Regulation (EU) No 691/2011, as set out in the Annex to this Decision, are granted to the Kingdom of Spain, the French Republic, the Italian Republic and the Republic of Cyprus.

Article 2

This Decision is addressed to the Kingdom of Spain, the French Republic, the Italian Republic and the Republic of Cyprus.

Done at Brussels, 7 March 2016.

For the Commission

Marianne Thyssen

Member of the Commission