title: Втори протокол съставен на основание член К.3 от Договора за Европейския съюз, към Конвенцията за защита на финансовите интереси на Европейските общности

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text: 96 BG Официален вестник на Европейския съюз 19/т. 12 41997A0719(02) 19. 7. 1997 ОФИЦИАЛЕН ВЕСТНИК НА ЕВРОПЕЙСКИТЕ ОБЩНОСТИ C 221/12 ВТОРИ ПРОТОКОЛ съставен на основание член К. 3 от Договора за Европейския съюз, към Конвенцията за защита на финансовите интереси на Европейските общности ВИСОКОДОГОВАРЯЩИТЕ СТРАНИ по настоящия протокол, държави-членки на Европейския съюз, КАТО СЕ ПОЗОВАВАТ на акта на Съвета от 19 юни 1997 г. , КАТО ЖЕЛАЯТ да осигурят техните наказателни закони да допринасят ефикасно за защитата на финансовите интереси на Европейските общности; КАТО ПРИЗНАВАТ важността на Конвенцията за защита на финансовите интереси на Европейските общности от 26 юли 1995 г. в борбата с измамите, които нанасят щети на приходите и разходите на Общността; КАТО ПРИЗНАВАТ важността на Протокола от 27 септември 1996 г. към споменатата конвенция в борбата срещу корупцията, която нанася или може да нанесе щети на финансовите интереси на Европейските общности; КАТО СЪЗНАВАТ, че финансовите интереси на Европейските общности могат да пострадат или да са застрашени от действия, извършени от името на юридически лица, и от действия, включващи пране на пари; УБЕДЕНИ в необходимостта националният закон да бъде адаптиран, когато е необходимо, за да осигури възможността юридически лица да могат да отговарят в случаи на измама, активна корупция или пране на пари, извършени за тяхно облагодетелстване, които ощетяват или биха могли да нанесат щети на финансовите интереси на Европейските общности; УБЕДЕНИ в необходимостта националният закон да бъде адаптиран, когато е необходимо, за да наказва действия по пране на облагите от измамата или корупцията, които нанасят или биха нанесли щети на финансовите интереси на Европейските общности и да направят възможно конфискуването на облагите от такива измами и корупция; УБЕДЕНИ в необходимостта националният закон да бъде адаптиран, когато е необходимо, за да се предотврати отказването на взаимна помощ само защото престъпленията, обхванати от настоящия протокол, засягат или се считат за данъчни или митнически престъпления; КАТО ОТБЕЛЯЗВАТ, че сътрудничеството между държавите-членки вече е обхванато от Конвенцията за защита на финансовите интереси на Европейските общности от 26 юли 1995 г. , но има нужда, без това да накърнява задълженията по законодателството на Общността, да бъде изготвена също съответна разпоредба за сътрудничеството между държави-членки и Комисията, за да се осигурят ефикасни действия срещу измамата, активната и пасивната корупция, и свързаното пране на пари, които нанасят или биха нанесли щети на финансовите интереси на Европейските общности, включително за обмен на информация между държавите-членки и Комисията; КАТО СЧИТАТ, че за да се насърчи и улесни обменът на информация, е необходимо да се осигури адекватна защита на личните данни; КАТО СЧИТАТ, че обменът на информация не трябва да възпрепятства извършващи се разследвания и поради това е необходимо да осигури защита на тайната на разследване; КАТО СЧИТАТ, че трябва да се съставят съответните разпоредби по компетентността на Съда на Европейските общности; КАТО СЧИТАТ, че съответните разпоредби на Конвенцията за защита на финансовите интереси на Европейските общности от 26 юли 1995 г. трябва да станат приложими за някои действия, обхванати от настоящия протокол, 19/т. 12 BG Официален вестник на Европейския съюз 97 СЕ ДОГОВОРИХА ЗА СЛЕДНИТЕ РАЗПОРЕДБИ: Член 1 Определения За целите на настоящия протокол: а) „конвенция“ означава конвенцията, съставена на основание член К. 3 от Договора за Европейския съюз, за защита на финансо- вите интереси на Европейските общности от 26 юли 1995 г. (1); б) „измама“ означава деянието, посочено в член 1 от конвенцията; в) — „пасивна корупция“ означава деянието, посочено в член 2 от Протокола, съставен на основание на член К. 3 на Дого- вора за Европейския съюз към Конвенцията за защита на финансовите интереси на Европейските общности от 27 септември 1996 г. (2), — „активна корупция“ означава деянието, посочено в член 3 от същия протокол; г) „юридическо лице“ означава всяка институция, която има такъв статут съгласно приложимия национален закон, с изключение на държавни или други публични органи при упражняване на държавни пълномощия и на публични меж- дународни организации; д) „пране на пари“ означава деянието, както е дефинирано в тре- тото тире на член 1 на Директива 91/308/ЕИО на Съвета от 10 юни 1991 г. за предотвратяване на използването на финан- совата система за пране на пари (3), свързано с облагите от измама, най-малкото в сериозни случаи, и при активна и пасивна корупция. Член 2 Пране на пари юридическото лице, което има ръководно положение в рамките на юридическото лице, което се основава на — правомощие да представлява юридическото лице, или — пълномощие да взема решения от името на юридическото лице, или — пълномощие да упражнява контрол в рамките на юридическото лице, както и за участието като помагачи или подбудители в такава измама, активна корупция или пране на пари, или опит за извър- шване на такава измама. 2. Отделно от случаите, вече предвидени в параграф 1, всяка държава-членка взема необходимите мерки, за да осигури юридическо лице да може да бъде отговорно, когато липсата на надзор и контрол от лице, посочено в параграф 1, е направило въз- можно извършването на измама или акт на активна корупция, или пране на пари за облага на това юридическо лице от подчинено на него лице. 3. Отговорността на юридическото лице по параграфи 1 и 2 няма да изключва наказателно съдебно преследване срещу физически лица, които са извършители, подбудители или помагачи в измама, активна корупция или пране на пари. Член 4 Санкции на юридическо лице 1. Всяка държава-членка взема необходимите мерки, за да оси- гури юридическо лице да е отговорно съгласно член 3, параграф 1 и да подлежи на наказание с ефективни, съразмерни и възпиращи санкции, които включват наказателни или ненаказателни глоби, и могат да включват други санкции като: a) лишаване от право на социални придобивки и помощи; б) временно или завинаги лишаване от право да се упражнява търговска дейност; Всяка държава-членка ще вземе необходимите мерки за да постанови прането на пари като престъпление по Наказателния кодекс. в) поставяне под съдебен надзор; г) заповед за ликвидация. Член 3 Отговорност на юридически лица 2. Всяка държава-членка взема необходимите мерки, за да оси- гури юридическо лице, отговорно съгласно член 3, параграф 2, да подлежи на наказание с ефективни, съразмерни и възпиращи санкции или мерки. 1. Всяка държава-членка взема необходимите мерки, за да оси- гури юридически лица да могат да се държат отговорни за измама, активна корупция и пране на пари, извършени за тяхна облага от всяко лице, действащо самостоятелно или като част от орган на Член 5 Конфискация (1) ОВ C 316, 27. 11. 1995 г. , стр. 49. (2) ОВ C 313, 23. 10. 1996 г. , стр. 2. (3) ОВ L 166, 28. 6. 1991 г. , стр. 77. Всяка държава-членка взема необходимите мерки, за да направи възможно отнемането и — без да засяга правата на добросъвестни трети страни — конфискацията или премахване на оръдията и облагите на измама, активна и пасивна корупция и пране на пари, или на имущество, стойността на което съответства на тези облаги. 98 BG Официален вестник на Европейския съюз 19/т. 12 Държавата-членка се разпорежда с всяко оръдие, облаги или друго имущество, отнето или конфискувано в съответствие с нацио- налния закон. Член 9 Публикуване на правилата за защита на данните Член 6 Данъчни или митнически престъпления Приетите правила, публикуват в Официален вестник на Европейските общности. засягащи задълженията по член 8, се Държава-членка на може да откаже да предостави взаимна помощ по отношение на измама, активна и пасивна корупция и пране на пари единствено по причина, че се отнася или се счита за данъчно или митническо престъпление. Член 7 Сътрудничество с Комисията на Европейските общности 1. Държавите-членки и Комисията си сътрудничат в борбата срещу измамите, активната и пасивна корупция и прането на пари. За тази цел Комисията оказва техническа и оперативна помощ, от която може да се нуждаят компетентните национални органи, за да се улесни координацията на техните разследвания. 2. Компетентните органи в държавите-членки могат да обменят информация с Комисията, така че да се улесни установяването на факти и да осигурят ефикасни действия срещу измамите, активната и пасивната корупция и прането на пари. Комисията и компетен- тните национални органи вземат предвид при всеки специфичен случай изискванията за тайна на разследването и защита на дан- ните. В тази връзка, когато държава-членка предоставя информа- ция на Комисията, тя може да постави специфични условия за използване на информацията от Комисията или от друга държава- членка, на която тази информация може да бъде предадена. Член 8 Отговорност за защита на данните на Комисията В контекста на обмен на информация съгласно член 7, параграф 2, Комисията осигурява по отношение на обработката на лични данни ниво на защита, еквивалентно на нивото на защита, определено в Директива 95/46/ЕО на Европейския парламент и на Съвета от 24 октомври 1995 г. относно защитата на лицата по отношение на обработката на лични данни и относно свободното движение на тези данни (1). Член 10 Предаване на данни на други държави-членки и на трети страни 1. При спазване на всяко от условията, посочени в член 7, параг- раф 2, Комисията може да предава лични данни, получени от държава-членка при изпълнение на нейните функции по член 7, на всяка друга държава-членка. Комисията информира държавата- членка, която е предоставила информацията, за своето намерение да извърши това предаване. 2. Комисията може при същите условия да предава лични данни, получени от държава-членка при изпълнение на нейните функции по член 7, на всяка трета страна, при условие че държавата-членка, която е предоставила информацията, е съгласна с това предаване. Член 11 Надзорни органи Всеки орган, определен или създаден за да упражнява функцията на независим надзор на защитата на данните, притежавани от Комисията съгласно нейните функции по Договора за създаване на Европейската общност, е компетентен да упражнява същите функции по отношение на личните данни, притежавани от Комисията по силата на настоящия протокол. Член 12 Връзка с конвенцията 1. Разпоредбите на членове 3, 5 и 6 от конвенцията се отнасят за деянието, упоменато в член 2 от настоящия протокол. (1) ОВ L 281, 23. 11. 1995 г. , стр. 31. 2. Следните разпоредби на конвенцията също се отнасят за нас- тоящия протокол: 19/т. 12 BG Официален вестник на Европейския съюз 99 — член 4, при разбирането, че ако не е посочено друго по време на нотификацията, предвидена в член 16, параграф 2 от нас- тоящия протокол, всяка декларация по смисъла на член 4, параграф 2 от конвенцията се отнася също за настоящия про- токол, Член 14 Извъндоговорна отговорност — член 7, при разбирането, че принципът ne bis in idem се отнася също за юридически лица и че ако не е посочено друго по време на нотификацията, предвидена в член 16, параграф 2 от настоящия протокол, всяка декларация по смисъла на член 4, параграф 2 от конвенцията се отнася също за настоящия про- токол, За целите на настоящия протокол извъндоговорната отговорност на Общността се урежда с член 215, втора алинея от Договора за създаване на Европейската общност. Прилага се член 178 от същия договор. — член 9, — член10. Член 13 Съд на Европейските общности 1. Всеки спор между държави-членки при тълкуването или при- лагането на настоящия протокол трябва в началния етап да бъде разгледан от Съвета в съответствие с процедурата, определена в дял VI от Договора за Европейския съюз, с оглед постигане на разре- шение. Ако не се намери разрешение в срок от шест месеца, въпросът се отнася до Съда на Европейските общности от страна по спора. 2. Всеки спор между една или повече държави-членки и Коми- сията, засягащ прилагането на член 2 по отношение на член 1, буква е), членове 7, 8 И, 10 и член 12, параграф 2, четвърта али- нея от настоящия протокол, за който е потвърдено, че не може да се разреши чрез преговори, може да се предостави на Съда на Евро- пейските общности след изтичане на срока от шест месеца от датата, на която една от страните е нотифицирала другата за съществуването на спора. 3. Протоколът, съставен на основание член К. 3 на Договора за Европейския съюз, относно тълкуването чрез преюдициални заключения от Съда на Европейските общности на Конвенцията за защита на финансовите интереси на Европейските общности от 29 ноември 1996 г. (1), се отнася за настоящия протокол при разбирането, че декларацията, направена от държава-членка съглас- но член 2 от посочения протокол, е валидна също за настоящия протокол, освен ако съответната държава-членка не направи дек- ларация за противното при даване на нотификацията, предвидена в член 16, параграф 2 от настоящия протокол. (1) ОВ C 151, 20. 5. 1997 г. , стр. 1. Член 15 Съдебен контрол 1. Съдът на Европейските общности има юрисдикция при съдебно производство, предизвикано от всяко физическо или юридическо лице срещу решение на Комисията, адресирано до това лице, или което пряко или лично засяга това лице, на основание нарушаване на член 8 или някое правило, прието съгласно него, или при зло- употреба с власт. 2. Член 168а, параграфи 1 и 2, член 173, пета алинея, член 174, първа алинея, член 176, първа и втора алинея и членове 185 и 186 от Договора за създаване на Европейската общност, както и Уставът на Съда на Европейските общности, се прилагат mutatis mutandis. Член 16 Влизане в сила 1. Настоящият протокол подлежи на одобряване от държавите- членки в съответствие с техните конституционни изисквания. 2. Държавите-членки нотифицират генералния секретар на Съвета на Европейския съюз за приключване на процедурите, изисквани съгласно техните съответни конституционни норми, за одобряване на този протокол. 3. Настоящият протокол влиза в сила деветдесет дни след нотификацията, предвидена в параграф 2, от държавата, която, бидейки членка на Европейския съюз към датата на одобряване от Съвета на акта за съставяне на настоящия протокол, е последната, изпълнила тази формалност. Ако обаче конвенцията не е влязла в сила на тази дата, настоящият протокол влиза в сила от датата, на която конвенцията влиза в сила. 4. Прилагането на член 7, параграф 2 обаче се спира, ако и докато съответните институции на Европейските общности не изпълнят задължението да публикуват правилника за защита на данни 100 BG Официален вестник на Европейския съюз 19/т. 12 съгласно член 9 или не са спазени условията на член 11, засягащи надзорния орган. Член 17 Присъединяване на нови държави-членки 1. Настоящият протокол е открит за присъединяване от всяка държава, която става членка на Европейския съюз. 2. Текстът на настоящия протокол на езика на присъединяващата се държава, съставен от Съвета на Европейския съюз, е автентичен. 3. Документите за присъединяване се депозират при депозитаря. 4. Настоящият протокол влиза в сила по отношение на всяка дър- жава, която се присъединява към него, деветдесет дни след депозирането на нейния документ за присъединяване или на датата на влизане в сила на настоящия протокол, ако той не е влязъл в сила при изтичане на упоменатия период от деветдесет дни. като престъпление по Наказателния кодекс, само при сериозни случаи на активна и пасивна корупция. Всяка държава-членка, която формулира такава резерва, информира депозитаря, като посочва подробно обхвата на резервата при нотификацията, пред- видена в член 16, параграф 2. Тази резерва е валидна за срок от пет години след упоменатата нотификация. Тя може да бъде подновена веднъж за още един период от пет години. 2. Република Австрия може при предаване на нотификацията, посочена в член 16, параграф 2, да декларира, че тя не се обвързва с членове 3 и 4. Тази декларация престава да действа пет години след одобряването на акта за съставяне на настоящия протокол. 3. Не се разрешават други резерви, освен предвидените в член 12, параграф 2, първо и второ тире. Член 19 Депозитар Член 18 Резерви 1. Всяка държава-членка може да си запази правото да постанови прането на пари, свързано с облаги от активна и пасивна корупция, 1. Генералният секретар на Съвета на Европейския съюз изпъл- нява длъжността депозитар на настоящия протокол. 2. Депозитарят публикува в Официален вестник на Европейските общности информация по напредъка на одобряванията и присъединяванията, декларации и резерви и всякакви други нотификации, засягащи настоящия протокол. 19/т. 12 BG Официален вестник на Европейския съюз 101 EN FE DE LO CUAL, los plenipotenciarios abajo firmantes suscriben el presente Protocolo. TIL BEKRÆFTELSE HERAF har undertegnede befuldmægtigede underskrevet denne protokol. ZU URKUND DESSEN haben die Bevollmächtigten ihre Unterschriften unter dieses Protokoll gesetzt. ΣΕ ΠΙΣΤΩΣΗ ΤΩΝ ΑΝΩΤΕ;Ω, οι υπογράφοντες πληρεξούσιοι έθεσαν την υπογραφή τους κάτω από το παρόν πρωτόκολλο. IN WITNESS WHEREOF, the undersigned Plenipotentiaries have hereto set their hands. EN FOI DE QUOI, les plénipotentiaires soussignés ont apposé leurs signatures au bas du présent protocole. DÁ FHIANÚ SIN, chuir na Lánchumhachtaigh thíos-sínithe a lámh leis an bPrótacal seo. IN FEDE DI CHE, i plenipotenziari sottoscritti hanno apposto le loro firme in calce al presente protocollo. TEN BLIJKE WAARVAN de ondergetekende gevolmachtigden hun handtekening onder dit protocol hebben gesteld. EM FÉ DO QUE, os plenipotenciários abaixo assinados apuseram as suas assinaturas no presente protocolo. TÄMÄN VAKUUDEKSI täysivaltaiset edustajat ovat allekirjoittaneet tämän pöytäkirjan. TILL BEVIS HÄRPÅ har de befullmäktigade undertecknat detta protokoll. Hecho en Bruselas, el diecinueve de junio de mil novecientos noventa y siete, en un ejemplar único, en lenguas alemana, danesa, española, finesa, francesa, griega, inglesa, irlandesa, italiana, neerlandesa, portuguesa y sueca, siendo cada uno de estos textos igualmente auténtico, que será depositado en los archivos de la Secretaría General del Consejo de la Unión Europea. Udfærdiget i Bruxelles, den nittende juni nitten hundrede og syvoghalvfems, i ét eksemplar på dansk, engelsk, finsk, fransk, græsk, irsk, italiensk, nederlandsk, portugisisk, spansk, svensk og tysk, idet hver af disse tekster har samme gyldighed; de deponeres i arkiverne i Generalsekretariatet for Rådet for Den Europæiske Union. Geschehen zu Brüssel am neunzehnten Juni neunzehnhundertsiebenundneunzig in einer Urschrift in dänischer, deutscher, italienischer, niederländischer, portugiesischer, schwedischer und spanischer Sprache, wobei jeder Wortlaut gleichermaßen verbindlich ist; die Urschrift wird im Archiv des Generalsekretariats des Rates der Europäischen Union hinterlegt. französischer, griechischer, englischer, finnischer, irischer, 102 BG Официален вестник на Европейския съюз 19/т. 12 Έγινε στις Βρυξέλλες, στις δέκαεννέα Ιουνίου χίλια εννιακόσια ενενήντα επτά, σε ένα μόνο αντίτυπο, στην αγγλική, γαλλική, γερμανική, δανική, ελληνική, ιρλανδική, ισπανική, ιταλική, ολλανδική, πορτογαλική, σουηδική και φινλανδική γλώσσα, όλα δε τα κείμενα είναι εξίσου αυθεντικά και κατατίθενται στα αρχεία της Γενικής Γραμματείας του Συμβουλίου της Ευρωπαϊκής Ένωσης. Done at Brussels, this nineteenth day of June in the year one thousand nine hundred and ninety-seven, in a single original, in the Danish, Dutch, English, Finnish, French, German, Greek, Irish, Italian, Portuguese, Spanish and Swedish languages, each text being equally authentic, such original remaining deposited in the archives of the General Secretariat of the Council of the European Union. Fait à Bruxelles, le dix-neuf juin mil neuf cent quatre-vingt-dix-sept en un exemplaire unique, en langues allemande, anglaise, danoise, espagnole, finnoise, française, grecque, irlandaise, italienne, néerlandaise, portugaise et suédoise, chacun de ces textes faisant également foi, exemplaire qui est déposé dans les archives du Secrétariat général du Conseil de l’Union européenne. Arna dhéanamh sa Bhruiséil, an naoú lá déag de Mheitheamh sa bhliain míle naoi gcéad nócha a seacht, i scríbhinn bhunaidh amháin sa Bhéarla, sa Danmhairgis, san Fhionlainnis, sa Fhraincis, sa Ghaeilge, sa Ghearmáinis, sa Ghréigis, san Iodáilis, san Ollainnis, sa Phortaingéilis, sa Spáinnis agus sa tSualainnis agus comhúdarás ag na téacsanna i ngach ceann de na teangacha sin; déanfar an scríbhinn bhunaidh sin a thaisceadh i gcartlann Ardrúnaíocht Chomhairle an Aontais Eorpaigh. Fatto a Bruxelles, il diciannove giugno millenovecentonovantasette, in un unico esemplare in lingua danese, finlandese, francese, greca, inglese, irlandese, italiana, olandese, portoghese, spagnola, svedese e tedesca, tutti i testi facenti ugualmente fede, esemplare depositato negli archivi del segretariato generale del Consiglio dell’Unione europea. Gedaan te Brussel, de negentiende juni negentienhonderd zevenennegentig, opgesteld in één exemplaar in de Deense, de Duitse, de Engelse, de Finse, de Franse, de Griekse, de Ierse, de Italiaanse, de Nederlandse, de Portugese, de Spaanse en de Zweedse taal, zijnde alle teksten gelijkelijk authentiek, dat wordt nedergelegd in het archief van het Secretariaat-generaal van de Raad van de Europese Unie. Feito em Bruxelas, em dezanove de Junho de mil novecentos e noventa e sete, em exemplar único, nas línguas alemã, dinamarquesa, espanhola, finlandesa, francesa, grega, inglesa, irlandesa, italiana, neerlandesa, portuguesa e sueca, fazendo igualmente fé todos os textos, depositado nos arquivos do Secretariado-Geral do Conselho da União Europeia. Tehty Brysselissä yhdeksäntenätoista päivänä kesäkuuta vuonna tuhatyhdeksänsataayhdeksänkymmentäseitsemän yhtenä ainoana kappaleena englannin, espanjan, hollannin, iirin, italian, kreikan, portugalin, ranskan, ruotsin, saksan, suomen ja tanskan kielellä kaikkien näiden tekstien ollessa yhtä todistusvoimaiset, ja se talletetaan Euroopan unionin neuvoston pääsihteeristön arkistoon. Utfärdat i Bryssel den nittonde juni nittonhundranittiosju i ett enda exemplar på danska, engelska, finska, franska, grekiska, iriska, italienska, nederländska, portugisiska, spanska, svenska och tyska språken, vilka samtliga texter är lika giltiga, och detta original skall deponeras i arkiven hos generalsekretariatet för Europeiska unionens råd. 19/т. 12 BG Официален вестник на Европейския съюз 103 Pour le gouvernement du royaume de Belgique Voor de regering van het Koninkrijk België Für die Regierung des Königreichs Belgien For regeringen for Kongeriget Danmark Für die Regierung der Bundesrepublik Deutschland Για την κυβέρνηση της Ελληνικής Δημοκρατίας Por el Gobierno del Reino de España Pour le gouvernement de la République française 104 BG Официален вестник на Европейския съюз 19/т. 12 Thar ceann Rialtas na hÉireann For the Government of Ireland Per il governo della Repubblica italiana Pour le gouvernement du grand-duché de Luxembourg Voor de regering van het Koninkrijk der Nederlanden Für die Regierung der Republik Österreich 19/т. 12 BG Официален вестник на Европейския съюз 105 Pelo Governo da República Portuguesa Suomen hallituksen puolesta På finska regeringens vägnar På svenska regeringens vägnar For the Government of the United Kingdom of Great Britain and Northern Ireland 106 BG Официален вестник на Европейския съюз 19/т. 12 Съвместна декларация по член 13, параграф 2 Държавите-членки декларират, че позоваването в член 13, параграф 2 на член 7 от Протокола се прилага само по отношение на сътрудничеството между Комисията, от една страна, и държавите-членки, от друга страна, и не засяга свободата на действие на държавите-членки при предоставянето на информация по време на наказателни разследвания. 19/т. 12 BG Официален вестник на Европейския съюз 107 Декларация на Комисията по член 7 Комисията приема задачите, които са ѝ(cid:65) възложени по силата на член 7 от Втория допълнителен протокол към Конвенцията за защита на финансовите интереси на Европейските общности


title: A Bizottság 1119/97/EK rendelete (1997. június 19.) az 1997-es évre alkalmazandó átmeneti határidő megállapításának tekintetében a 2200/96/EK tanácsi rendelet részletes alkalmazási szabályainak megállapításáról szóló 411/97/EK és 412/97/EK rendelet módosításáról

eurovoc_concepts:
EU financing
common organisation of markets
fruit
operational programme
producer organisation
vegetable

formats: html pdf print

text: 156 HU Az Európai Unió Hivatalos Lapja 03/21. kötet 31997R1119 1997. 6. 20. AZ EURÓPAI KÖZÖSSÉGEK HIVATALOS LAPJA L 163/11 A BIZOTTSÁG 1119/97/EK RENDELETE (1997. június 19. ) az 1997-es évre alkalmazandó átmeneti határidő megállapításának tekintetében a 2200/96/EK tanácsi rendelet részletes alkalmazási szabályainak megállapításáról szóló 411/97/EK és 412/97/EK rendelet módosításáról AZ EURÓPAI KÖZÖSSÉGEK BIZOTTSÁGA, tekintettel az Európai Közösséget létrehozó szerződésre, tekintettel a gyümölcs- és zöldségpiac közös szervezéséről szóló, 1996. október 28-i 2200/96/EK tanácsi rendeletre (1) és különösen annak 57. cikkére, mivel a működési programok, működési alapok és a közösségi pénzügyi támogatás tekintetében a 2200/96/EK tanácsi rendelet részletes alkalmazási szabályainak megállapításáról szóló, 1997. március 3-i 411/97/EK bizottsági rendelet (2) 15. cikke megálla- pítja a javasolt működési programok benyújtása és jóváhagyása tekintetében az 1997-es évre alkalmazandó átmeneti rendelke- zéseket; mivel az említett cikk (2) bekezdése előírja, hogy az illetékes nemzeti hatóságnak három hónapon belül döntenie kell a benyújtott javaslatokról; mivel – bizonyos kivételes esetekben – az említett határidő rövidnek bizonyulhat, és az érdekelt termelői szervezeteket hátrányos helyzetbe hozhatja; mivel ezért ez utóbbiak érdekében biztosítani kell a tagállamok részére a lehetőséget, hogy kellően indokolt esetben két hónappal meghosszabbítsák az említett határidőt; mivel a 2200/96/EK rendelet 12. cikke (1) bekezdésének a) pontja három hónapban állapítja meg azt a határidőt, ameddig a tagállamoknak dönteniük kell a termelői szervezetek által elis- merés céljából benyújtott kérelmekről; mivel az említett rendel- kezés alkalmazásának első évében várhatóan előforduló bizo- nyos kivételes esetekben a határidő rövidnek bizonyulhat és termelői szerveze- hátrányos helyzetbe hozhatja az érdekelt teket; mivel ez utóbbiak érdekét szolgálja az, hogy a tagálla- moknak megengedjék, hogy kellően indokolt esetben – az 1997-es intézkedésként – két hónappal meghosszabbítsák az említett határidőt; mivel, ezért, átmeneti intézkedést szükséges beiktatni a 2200/96/EK tanácsi rendeletnek a termelői szervezet elismerése tekintetében történő alkalmazására vonatkozó részletes szabályok megállapításáról szóló, 1997. március 3-i 412/97/EK bizottsági rendeletbe (3); vonatkozó kivételes évre mivel az e rendeletben előírt intézkedések összhangban vannak a Gyümölcs- és Zöldségpiaci Irányítóbizottság véleményével, ELFOGADTA EZT A RENDELETET: 1. cikk A 411/97/EK rendelet 15. cikkének (2) bekezdése helyébe a következő rendelkezés lép: „(2) Az illetékes nemzeti hatóságnak három hónapon belül döntenie kell a benyújtott javaslatokról. Az érintett termelői szervezetek érdekében a tagállamok kellően indo- kolt esetben két hónappal meghosszabbíthatják az említett határidőt. Az elismerést el nem nyerő termelői szervezetek által benyújtott működési programjavaslatokat automati- kusan visszautasítják. ” 2. cikk A 412/97/EK rendelet a 9. cikk után a következő 9a. cikkel egészül ki: „9a. cikk termelői intézkedésként az Az 1997-es évre vonatkozó átmeneti érintett tagállamok kellően indokolt esetben két hónappal meghosszabbíthatják a 2200/96/EK rendelet 12. cikke (1) bekezdésének a) pont- jában említett határidőt. ” szervezetek érdekében a 3. cikk Ez a rendelet az Európai Közösségek Hivatalos Lapjában való kihir- detését követő hetedik napon lép hatályba. Ez a rendelet teljes egészében kötelező és közvetlenül alkalmazandó valamennyi tagállamban. Kelt Brüsszelben, 1997. június 19-én. a Bizottság részéről Franz FISCHLER a Bizottság tagja (1) HL L 297. , 1996. 11. 21. , 1. o. (2) HL L 62. , 1997. 3. 4. , 9. o. (3) HL L 62. , 1997. 3. 4. , 16. o


title: ΓΡΑΠΤΗ ΕΡΩΤΗΣΗ αρ θ. 2090/97 του Hiltrud BREYER προς την Επ τροπή. Διάσκεψη της UNGASS στις 23-27 Ιουνίου 1997

eurovoc_concepts:
EU aid
Economic and Monetary Union
UNO
development aid
environmental protection
financial aid
gross national product
liberalisation of the market
private aid
single market

text: 25. 2. 98 EL Epi·shmh Efhmeri·da tvn Eyrvpai¤kv· n Koinoth·tvn C 60/93 Vsto·so, alhuey·ei o·ti, ba·sei anaforv· n poy ypoblh·uhkan sthn Epitroph· Anaforv· n toy Koinoboyli·oy (1), h Epitroph· ejeta·zei to ue·ma dy·o ypai·urivn lignitvryxei·vn poy bri·skontai sth Germani·a. H Epitroph· den e·xei la·bei ako·mh telikh· apo·fash gia tiw en lo·gv ypoue·seiw. Oi etairei·ew Ruhrkohle AG kai Saarbergwerke AG anakoi·nvsan o·ti tiw prosexei·w ebdoma·dew skopey·oyn na 2. enhmerv· soyn thn Epitroph· gia to sxe·dio sygxv· neyshw tvn drasthrioth·tvn toyw ejo·ryjhw stoyw potamoy·w Ruhr kai Saar. Me·xri stigmh·w, h Epitroph· den diaue·tei perisso·terew plhrofori·ew gia th sxediazo·menh sygke·ntrvsh. Oi sygkentrv· seiw epixeirh·sevn ston tome·a thw ejo·ryjhw liua·nuraka ypo·keintai ston prolhptiko· e·legxo sygxvney·sevn sy·mfvna me to a·ruro 66 thw synuh·khw EKAX. Gia na diapistvuei· ea·n h sygxv· neysh thw Ruhrkohle AG me thn Saarbergwerke AG symbiba· zetai me thn koinh· agora·, pre·pei na ejetastei· h dia·rurvsh thw prosfora·w kai thw zh·thshw kauv· w kai oi o·roi toy antagvnismoy· sth uigo·menh gevgrafikh· agora· kai agora· proi¤o·ntow. Dedome·nhw thw mega·lhw zh·thshw liua·nuraka sth Germani·a, h eje·tash pre·pei na epikentrvuei· sto erv· thma ea·n oi eisagvge·w liua·nuraka apo· tri·tew xv· rew (eisago·menoy a· nuraka) kai apo· to endokoinotiko· empo·rio meiv· noyn shmantika· ta periuv· ria antagvnismoy· tvn egxv· rivn paragvgv· n kai, apo· thn a·poch thw zh·thshw, synistoy·n ikanopoihtikh· enallaktikh· ly·sh o·son afora· ton efodiasmo·. H Epitroph· den ei·nai se ue·sh na prodika·sei to apote·lesma thw en lo·gv eje·tashw. Se peri·ptvsh poy to en lo·gv sxe·dio afora· proi¤o·nta h· agore·w poy den empi·ptoyn sto pedi·o efarmogh·w thw synuh·khw EKAX (p. x. drasthrio·thtew thw Saarbergwerke ston tome·a thw kataskeyh·w mhxanv· n h· thw dia·ueshw aporrimma·tvn), h sygxv· neysh pre·pei, sto baumo· toy dynatoy·, na koinopoihuei· kai sy·mfvna me ton kanonismo· ariu. 4064/89 toy Symboyli·oy («kanonismo·w gia ton e·legxo tvn sygkentrv· sevn») (2). (1) Anafore·w 392/95, 584/95, 293/96 kai 947/96. (2) EE L 395 thw 30. 12. 1989. (98/C 60/132) GRAPTH ERVTHSH E-2089/97 ypobolh· : Hiltrud Breyer (V) prow thn Epitroph· (19 Ioyni·oy 1997) Ue·ma: Dia·skech thw UNGASS stiw 23-27 Ioyni·oy 1997 Poioyw xrhmatodotikoy·w po·royw proti·uetai na diaue·sei h EE kata· ta epo·mena pe·nte e·th, prokeime·noy na diasfalisuei· h syne·xish toy e·rgoy thw UNGASS; (98/C 60/133) GRAPTH ERVTHSH E-2090/97 ypobolh· : Hiltrud Breyer (V) prow thn Epitroph· (19 Ioyni·oy 1997) Ue·ma: Dia·skech thw UNGASS stiw 23-27 Ioyni·oy 1997 Gia poio lo·go h EE den ekplh·rvse thn ypoxre·vsh poy ane·labe sto Ri·o to 1992 na diaue·sei to 0,7% toy akauari·stoy eunikoy· proi¤o·ntow se anaptyjiakh· boh·ueia; (98/C 60/134) GRAPTH ERVTHSH E-2091/97 ypobolh· : Hiltrud Breyer (V) prow thn Epitroph· (19 Ioyni·oy 1997) Ue·ma: Dia·skech thw UNGASS stiw 23-27 Ioyni·oy 1997 Pv· w kai po·te pro·keitai na epiteyxuei· o ne·ow sto·xow na diateuei· to 0,5% toy akauari·stoy eunikoy· proi¤o·ntow se anaptyjiakh· boh·ueia; (98/C 60/135) GRAPTH ERVTHSH E-2092/97 ypobolh· : Hiltrud Breyer (V) prow thn Epitroph· (19 Ioyni·oy 1997) Ue·ma: Dia·skech thw UNGASS stiw 23-27 Ioyni·oy 1997 Antimetvpi·zei h Epitroph· to endexo·meno na akoloyuh·sei to para·deigma thw Dani·aw kai na diaue·sei to 0,1% toy akauari·stoy eunikoy· proi¤o·ntow gia periballontika· progra· mmata stiw anaptysso·menew xv· rew; Ea·n nai, ento·w poi·oy xronodiagra·mmatow kai me poiew desmey·seiw gia ta kra·th me·lh;


title: KOMISSION ASETUS (EY) N:o 1122/97, annettu 19 päivänä kesäkuuta 1997, kokonaan hiotun pitkäjyväisen riisin enimmäisvientituen vahvistamisesta asetuksessa (EY) N:o 530/97 tarkoitetun tarjouskilpailun osana

eurovoc_concepts:
award of contract
export refund
quantitative restriction
rice
third country


title: Komission asetus (EY) N:o 1116/97, annettu 19 päivänä kesäkuuta 1997, tiettyjen interventioelinten hallussaan pitämän ja yhteisössä jalostettavaksi tarkoitetun naudanlihan myynnistä tarjouskilpailumenettelyllä

eurovoc_concepts:
award of contract
beef
boned meat
food processing
intervention agency
sale

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title: VERORDENING (EG) Nr. 1122/97 VAN DE COMMISSIE van 19 juni 1997 tot vaststelling van de maximumrestitutie bij uitvoer van langkorrelige volwitte rijst in het kader van de inschrijving bedoeld in Verordening (EG) nr. 530/97


title: Supplements 3/97 to the Bulletin of the European Union : The first action plan for innovation in Europe: Innovation for growth and employment.

eurovoc_concepts:
action programme
economic growth
innovation
job creation


title: Règlement (CE) nº 1116/97 de la Commission du 19 juin 1997 relatif à la vente, dans le cadre d'une procédure d'adjudication, de viandes bovines détenues par certains organismes d'intervention en vue de leur transformation dans la Communauté


title: Statistiques démographiques 1997.

eurovoc_concepts:
EU Member State
Eurostat
composition of the population
fertility
migratory movement
population statistics


title: Protokoll om privilegier och immunitet för Europol, medlemmarna i organen, dess biträdande direktörer och dess tjänstemän, utarbetat på grundval av artikel K 3 i Fördraget om Europeiska unionen och artikel 41.3 i Europolkonventionen

eurovoc_concepts:
Europol
legal status
operation of the Institutions
privilege
rules of procedure
staff regulations (EU)

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title: KOMMISSIONENS FORORDNING (EF) Nr. 1129/97 af 19. juni 1997 om fastsættelse af eksportrestitutionerne for ris og brudris

eurovoc_concepts:
export refund
rice
third country


title: VERORDNUNG (EG) Nr. 1129/97 DER KOMMISSION vom 19. Juni 1997 zur Festsetzung der Ausfuhrerstattungen für Reis und Bruchreis


title: ΓΡΑΠΤΗ ΕΡΩΤΗΣΗ αρ θ. 2073/97 του Jaak VANDEMEULEBROUCKE προς την Επ τροπή. Κοινοτική οικονομική ενίσχυση στον τομέα του περιβάλλοντος

eurovoc_concepts:
EU aid
European Commission
balance of payments assistance
board of directors
eco-label
environmental protection
industrial enterprise
management audit
organisation
use of aid

text: 3. 4. 98 EL Epi·shmh Efhmeri·da tvn Eyrvpai¤kv· n Koinoth·tvn C 102/13 (98/C 102/17) GRAPTH ERVTHSH E-2073/97 ypobolh· : Jaak Vandemeulebroucke (ARE) prow thn Epitroph· (19 Ioyni·oy 1997) Ue·ma: Koinotikh· oikonomikh· eni·sxysh ston tome·a toy periba·llontow Sto plai·sio thw dhmosionomikh·w ue·shw B4-306 xorhgoy·ntai epidoth·seiw sto plai·sio thw prostasi·aw toy periba·llontow. Sthn E. E. C 148 thw 16. 5. 1997 dhmosiey·etai kata·stash tvn organv· sevn poy lamba· noyn te·toiew epidoth·seiw. Mporei· na anafe·rei h Epitroph· poio· pro·gramma ype·bale h»Van Rossum & Partners»; Mporei· h Epitroph· na para·sxei peraite·rv plhrofori·ew sxetika· me thn orga·nvsh ayth·; Mporei· na anafe·rei to kauestv· w thw kai na para·sxei pro·sfato kata·logo tvn melv· n toy dioikhtikoy· thw symboyli·oy; Mporei· na anafe·rei h Epitroph· pv· w e·xei elexuei· h syneth· xrhsimopoi·hsh tvn epidoth·sevn aytv· n; Apa· nthsh thw kaw Bjerregaard ej ono·matow thw Epitroph· w (22 Septembri·oy 1997) To e·rgo poy ype·bale h etairei·a Van Rossum and Partners (Den Haag) B. V. ) perilamba·nei thn orga·nvsh ka diaxei·rish toy systh·matow «eyrvpai¤ka· brabei·a 98 sth biomhxani·a gia e·na kaly·tero periba·llon», e·na diarke·w sy·sthma aponomh·w brabei·vn gia ajio·logew periballontike·w epido·seiw kai ana·ptyjh sth biomhxani·a. Oi eunikoi· organvte·w organv· noyn eth·sioyw diagvnismoy·w kai, ana· dieti·a, epile·goyn kai protei·noyn eunikoy·w ypoch·fioyw gia ta eyrvpai¤ka· brabei·a, poy memonvme·noi eunikoi· organvte·w analamba·noyn ek peritroph·w. Oi Ka·tv Xv· rew e·xoyn anala·bei tiw sxetike·w ypoxrev· seiw gia to 1998. H etairei·a Van Rossum and Partners epele·gh apo· thn kybe·rnhsh tvn Ka·tv Xvrv· n gia na organv· sei toyw eunikoy·w ollandikoy·w diagvnismoy·w gia ta periballontika· brabei·a sth biomhxani·a. Aposte·lletai sto ajio·timo me·low toy Koinoboyli·oy kai sthn grammatei·a toy Koinoboyli·oy anti·grafo tvn a·rurvn synergasi·aw toyw, kauv· w kai ta ono·mata tvn dieyuyntv· n. To e·rgo ako·mh telei· en ejeli·jei kai den ua oloklhrvuei· prin apo· ta te·lh toy 1998. Me thn oloklh·rvsh· toy, o ypey·uynow e·rgoy kalei·tai na ypoba·lei telikh· e·kuesh gia to diekperaivue·n e·rgo kauv· w kai teliko· logariasmo· o·lvn tvn sxetikv· n ejo·dvn, o·pvw kai teliko· isologismo·. Ta stoixei·a ayta· ua elegxuoy·n apo· thn Epitroph· oy·tvw v· ste na ejasfalisuei· o·ti h ekte·lesh toy e·rgoy h·tan h endedeigme·nh kai ta olika· e·joda poy anafe·ruhkan, akribh·. (98/C 102/18) GRAPTH ERVTHSH E-2112/97 ypobolh· : Hiltrud Breyer (V) prow to Symboy·lio (24 Ioyni·oy 1997) Ue·ma: «Novel-Food»- Kanonismo·w ariu. 258/97 › (cid:201)gkrish poikiliv· n Alhuey·ei o·ti sthn peri·ptvsh eggrafh·w genetika· tropopoihme·nvn fytv· n ston koino· kata·logo poikiliv· n 1. kalliergoyme·nvn fytikv· n eidv· n (70/457/EOK) (1) kai spo·rvn prow spora· khpeytikv· n (70/458/EOK) (2) den apaitei·tai h xorh·ghsh ne·aw e·gkrishw gia ta fyta· ayta· sy·mfvna me ton kanonismo· ariu. 258/97 (3) sxetika· me ta ne·a tro·fima kai ta ne·a systatika· trofi·mvn; Sthn peri·ptvsh ayth· ryumi·zetai mo·no h sh·mansh· toyw sy·mfvna me ton kanonismo· gia ta ne·a tro·fima kai ta 2. ne·a systatika· trofi·mvn; (1) EE L 225 thw 12. 10. 1970, sel. 1. (2) EE L 225 thw 12. 10. 1970, sel. 7. (3) EE L 43 thw 14. 2. 1997, sel. 1


title: SCHRIFTELIJKE VRAAG nr. 2215/97 van Helena TORRES MARQUES aan de Commissie. Vrouwen als oprichters van ondernemingen

eurovoc_concepts:
Community budget
EU Member State
EU statistics
board of management
business start-up
data collection
retail trade
small and medium-sized enterprises
woman


title: The Commission's annual report to the Council and to the European Parliament on the borrowing and lending activities of the Community in 1996

eurovoc_concepts:
Community loan
EU borrowing
EU statistics
report

text: COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, 19. 06. 1997 COM(97) 312 final THE COMMISSION'S ANNUAL REPORT TO THE COUNCIL AND TO THE EUROPEAN PARLIAMENT ON THE BORROWING AND LENDING ACTIVITIES OF THE COMMUNITY IN 1996 and THE COMMISSION'S REPORT TO THE COUNCIL AND TO THE EUROPEAN PARLIAMENT ON THE RATE OF UTILIZATION OF THE NEW COMMUNITY INSTRUMENT (NCI) (half-year from 1 July to 31 December 1996) INTRODUCTION CONTENTS A. THE COMMISSION'S ANNUAL REPORT TO THE COUNCIL AND TO THE EUROPEAN PARLIAMENT ON THE BORROWING AND LENDING ACTIVITIES OF THE COMMUNITY IN 1996 1. Community borrowing 2. 3. 4. 5. B. Lending within the Community Lending outside the Community The European Investment Fund Budgetary impact of lending Statistical Annex THE COMMISSION'S REPORT TO THE COUNCIL AND TO THE EUROPEAN PARLIAMENT ON THE RATE OF UTILIZATION OF THE NEW COMMUNITY to (NCI) 31 December 1996) INSTRUMENT (half-year 1 July from 1. Overall situation on 31 December 1996 2. Breakdown of loans by country and sector Statistical Annex INTRODUCTION A. Annual report This annual report is drawn up in accordance with the Council Decisions establishing the New Community Instrument (NCI)1 and lending instruments for Euratom research and finance. 2 In addition, Parliament, in its Resolution on improving political monitoring of the Community's borrowing and lending activities,3 called for the activities of the ECSC and the EIB to be included. The present annual report covers 1996; it is the seventeenth report published by the Commission and is intended to comply with the obligation imposed on it by the Council and Parliament to provide the fullest information possible on all these activities. In financial terms, 1996 was marked by a very substantial upturn in activity, which was triggered by a modest recovery in real growth (real GDP up 1,6%) and a very clear improvement in the fundamentals (low inflation, sound public finances, falling interest rates, buoyant world trade). The improvement in the economic environment stimulated financial investment and issues of long-term securities, particularly during the second half-year. Conversely, the lending instrument registered a downturn for the whole of the OECD area (Table 1). For reasons specific to them, the Community lending instruments followed similar trends in 1996. However, EEB lending recorded a significant increase within the Union (up 12,6%), with activity focusing on support for assisted regions, financing for trans-European networks and projects in the new Member States. In contrast, following the exceptional results of 1995, activity outside the Union slowed as the result of an unfavourable political climate in certain countries and the expiry of the mandate conferred on the Bank by the Community in Latin America and Asia, renewal negotiations having taken longer than anticipated. Since the EEB's mandate for the above area expired sooner than for the other regions, the Commission proposed an interim programme to the Council in January 1996 which the Council approved in December 1996 for an amount of ECU 275 million. Taking the view that it was more equitable to renew these mandates simultaneously and to make their expiry dates tally with the period covered by the financial prospects 1 Article 6 of Decision 78/870/EEC (OJ No L 298 of 25 October 1978); Article 7 of Decision 81/19/EEC (OJ No L 37 of 10 February 1981); Article 7 of Decision 81/1013/EEC (OJ No L 367 of 23 December 1981); Article 6 of Decision 82/169/EEC (OJ No L 78 of 24 March 1982); Article 7 of Decision 83/200/EEC (OJ No L 112 of 28 April 1983); Article 9 of Decision 87/182/EEC (OJ No L 71 of 14 March 1987). 2 Article 4 of Decision 77/270/Euratom (OJ No L 88 of 6 April 1977). 3 Doc. PE/67134 of 5 March 1981 (OJ No C 287 of 9 November 1981). 3 Taking the view that it was more equitable to renew these mandates simultaneously and to make their expiry dates tally with the period covered by the financial prospects establishing the budgetary reserve, the Commission proposed to the Council that the EEB's mandate in all third countries for 1997-2000 be renewed, on a comprehensive basis, for three years. On that basis, the Council decided at the beginning of 1997 to guarantee from the Community budget for 70% of loans signed, on principal and interest, within the limit of ECU 7 105 million. The mandate breaks down as follows (Table 8 in the Annex): - CEEC - Mediterranean basin - Third countries of Latin America and Asia ECU ECU - South Africa ECU 3 520 million ECU 2 310 million 900 million 375 million B. Half-yearly report With a view to ensuring that borrowings designed to promote investment within the Community are continuously monitored, the 1983 and 1987 Decisions concerning the NCI also provide for the Commission to present Parliament and the Council with a six-monthly report about the rate of utilization of the NCI borrowing tranches. Part B of this document therefore provides an account of NCI activities over the period from 1 July to 31 December 1996. I H j 1 I i A. THE COMMISSION'S ANNUAL REPORT TO THE COUNCIL AND TO THE EUROPEAN PARLIAMENT ON THE BORROWING AND LENDING ACTIVITIES OF THE COMMUNITY IN 1996 1. COMMUNITY BORROWING 1. 1. In order to attain the objectives of the Treaty covering the territory of the Community, the Commission has been empowered to borrow funds on the capital market. These borrowings must finance the construction cf, and improvements to, nuclear power stations (current Euratom ceiling of ECU 4 billion), investment in the Community under the NCI (current ceiling of ECU 6. 8 billion) and, under the ECSC Treaty, promote productive capacity or conversion projects in the coal and steel loans for Member States with balance-of-payments difficulties (ceiling of ECU 14 billion). The amounts still available are indicated in the paragraphs corresponding to each instrument. industries and, where appropriate, On the basis of agreements concluded with non-Community countries, the Commission is empowered to borrow to finance programmes of financial assistance for the countries of Central and Eastern Europe, for the African, Caribbean and Pacific (ACP) countries and for measures adopted pursuant to the Mediterranean protocols. Within and outside the Union, the European Investment Bank (EIB) has been closely involved in the financing of common policies and priorities, to the point where its borrowings account for most Community issues (Table 1). 1. 2. The volume of borrowing in the market by the Community institutions in 1996 totalled ECU 18 billion, an increase of 36,4% on the previous year (Table Ï). Although smaller than the increase recorded by bonds issued by OECD-area countries on international markets, the Community figure is not far short of it. It basically resulted from issues made by the EIB to finance activities falling within its remit. The issues made by the Commission (allocated borrowings) continued to follow the guidelines laid down by the Council for disengaging the Commission from certain activities in favour of the EIB. Overall, the share of Community issues remained virtually stable in relation to that of bonds issued in the OECD area. Eurobonds recorded substantial gains, increasing by more than 64% on a year-on-year basis. The more optimistic climate on financial markets, falling interest rates and the prospect of a modest recovery in economic activity tended to discourage variable-rate issues, whose relative share declined again. Table 1 Capital borrowed on the international markets (ECU billion) 1. European Institutions 10,5 12,5 16,9 15,7 20,1 15,2 13,2 18,0 1989 1990 1991 1992 1993 1994 1995 1996 of which: 1. 1 ECSC 1. 2 EC (a) 1. 3 Euratom 1. 4 EIB 2. OECD countries (b) (by instrument) 0,9 0,5 9,0 1,1 0,4 1. 4 1,7 1,5 1,2 0,9 5,0 11,0 13,7 13,0 14,2 0,6 0,3 0,1. 14,2 0,4 0,4 0,3 0,1 12,4 17,6 2. 1 Bond issues 232,2 180,5 240,2 257,1 410,8 360,3 357,3 559,6 of which: Eurobonds 193,2 141,4 200,5 212,7 337,0 309,7 283,9 465,9 2. 2 Loans 117,5 103,3 99,9 96,0 123,7 202,7 285,9 274,0 3. Bond issues by the European Institutions as a % of OECD 3. 9 6,1 5,7 5,1 3,5 3,9 3,5 3,2 (a) (b) NCI + balance of payments, Calculations based on yearly average exchange rate of the ecu, Source: OECD & EU 2. LENDING WITHIN THE COMMUNITY 2. 1. In most Community countries the fundamentals improved and economic activity slowed in 1996 (real GDP up by 1,6%, against 2,5% in 1995). Although exports continued to perform well (up 3,3% in real terms), investment in general, and particularly in the building industry and public works, was affected by the close monitoring of public deficits. Good inflation figures in virtually all countries and a sharp fall in interest rates had not given rise to a sufficient labour market recovery for unemployment to be reduced by the end of 1996. However, investment by SMEs started to pick up. 2. 2, In this context, reflecting the commitment to creating a macro-economic climate favourable to EMU, the EIB granted loans in the European Union to the tune of ECU 20,95 billion as against ECU 18,6 billion in 1995, an increase of 12,6% (Table 2). The funding helped to create an investment volume estimated at ECU 60 billion, or some 5% of the gross fixed capital formation (GFCF) achieved in the Union. Â significant volume of lending took place in Austria, Sweden and Finland, with the amount virtually double that of 1995, the first year of their accession. However, the most appreciable increase in loans was seen in the Netherlands, Italy, Greece, France and Germany. The financing of investment contributing to regional development and to the strengthening of economic cohesion remained one of the Bank's main concerns in 1996 (Table 5 in the Annex) and accounts for more than two-thirds of total loans. These loans were concentrated in areas qualifying for support under the Structural Funds, especially in the "cohesion" countries, Germany's eastern regions and southern s Italy, where financing returned to 1994 levels Since the reform of the Funds in 1989, loans for regional development have totalled ECU 85 billion, helping to finance investment estimated at ECU 249 billion. Several years ago the EIB adapted its loan conditions to the specific requirements of establishing coherent networks, essential for intra-Community trade. The Bank thus became directly involved in financing trans-European networks and more especially in the priority projects identified by the Essen European Council. Under this heading, it had approved loan commitments of ECU 10,7 billion by the end of 1996. The Bank has made approximately ECU 30 billion available within the Union since 1993 for the establishment of trans-European networks in transport, energy transfers and telecommunications. The facilities offered by the special TEN s window have been applied whenever possible. 'VS. - Table 2 Structure of EIB tending (loan contracts signed) - Geographical distribution Belgium Denmark Germany Greece Spain France Ireland Italy Luxembourg Netherlands Austria Portugal Finland Sweden United Kingdom Other (Article 18) Community total ACP-OCT ; RSA Mediterranean CEEC Latin America, Asia Non-Community total 1S93 ECU million 1SS4 ECU million 372 876 2 097 511 4 005 2 206 388 3 362 380 1 489 1 929 111 17 724 22G 661 882 99 1 887 1. 9 4,5 10,7 2. 6 20,4 11. 2 2,0 17. 1 0. 0 1. 9 0,0 7. 6 0,0 0,0 9,8 0. 6 90,4 1. 2 3,5 4. 5 •0,5 9,6 615 650 2 408 535 3 012 2 477 291 3 100 5 400 90 1 110 60 15 2 455 261 17 682 462 607 957 220 246 199S ECU million %Ti 3. 1 4,3 12,1 2,7 15,1 12,4 1,5 15,6 0,0 2. 0 0. 4 5,6 0. 3 0,1 12,3 ' 1. 3 88,7 2,3 3. 0 4. 8 1. 1 11. 3 665 825 2 715 525 2 818 2 207 327 3 435 79 319 242 1 232 179 273' 2 244 519 18 604 475 1 038 1005 288 2 606 1986 ECU million 657 688 3 022 721 2 553 2 509 189 4 121 766 490 1 294 302 846 2 386 402 20 94S 452 681 1 116 45 2 294 % 3. 1 3,9 12. 7 2. 5 13,2 10,3 1. 5 16,0 0. 4 1. 5 1,1 5,8 0. 8 1. 3 10,5 2,4 86,9 2,2 4,8 4,7 1. 3 13,1 2,8 3,0 13,0 3. 1 11,0 10,8 0. 8 17,7 0,0 3,3 2,1 5. 6 1. 3 3,6 10,3 1. 7 90,1 1,9 2,9 4,8 0,2 9. 9 TOTAL LOANS SIGNED 19611 100,0 19 928 100,0 21 410 100,0 23 240 100,0 in infrastructure the communications sector amounted Financing for to ECU 6 506 million, holding steady in relation to the previous year. Financing for the transport sector totalled ECU 4 500 million, most of which was directed toward road and railway infrastructure (ECU 4 200 million). Financing was made available for the new Athens international airport. Lending rose sharply in the telecommuni cations field, returning to the level of previous years following last year's fall. The Bank, which assesses the environmental impact of all the projects it finances and is careful to ensure that they comply with the relevant Community standards, granted loans worth ECU 5 875 million for that objective in 1996, thus maintaining the average level of previous years (30% of all funding at financing). ECU 4 209 million was earmarked for programmes concerning air and water quality and waste processing. Urban renewal schemes accounted for ECU 1 666 million. Financing to ECU 4 031 million. Financing was stepped up for a wide range of projects involving the use of natural gas (power stations, transport, distribution and storage). substantially objectives increased energy 1996 for in 1996 was also marked by a clear pick-up in individual loans for industrial projects. Advances on global loans for SMEs held steady at a high level after the sharp increase recorded the previous year. Overall, lending for industrial objectives amounted to ECU 3 776 million, of which ECU 1 182 million consisted of individual loans and ECU 2 594 million advances on global loans for more than 11 000 SMEs. By the end of 1995 the ECU 1 billion allocated to the facility for employment-creating SMEs had been advanced in full, enabling the creation of some 45 000 new jobs. By the end of 1996 2 451 SMEs confirmed that about 28 000 jobs had been created and sustained for six months. 2. 3. As part of arrangements for ECSC borrowing/lending activities decided on by the Commission in June 1994 (OJ No 175 of 28 June 1994) with a view to the expiry of the ECSC Treaty on 23 July 2002, amounts paid out under new loans within the Community declined sharply in relation to the previous year (Table 3). Table 3 ECSC loans in 1996 (ECU thousand) Article 54 Article 56 Article 95 Housing Total Belgium Dan mark Germany Greece Spain France Ireland Italy Luxembourg Netherlands Austria Portugal United Kingdom Non-EU Total 12 183 30 466 34 911 5 951 23 009 16 721 11 548 58 924 578 50 398 77 560 167 129 15 563 15 563 1074 113 9 663 154 3 589 1800 20 1 937 309 183 208 357 7 025 113 32 672 154 32 493 13 348 20 91327 35 220 183 578 208 50 755 15 563 19 407 279 659 2. 4. As regards NCI activities, repayments have continued and loans have been repaid virtually in full in some countries. No new lending operations have been undertaken since 1991 (Table 4). Table 4 NCI loans at 31 December 1996 Reconstr. Reconstr. (ECU million) Financial agreements NCI ITALIE GRECE NCI II NCI III NCI IV TOTAL Global loans (*) 406,8 2 138. 0 668. 8 3 213. 5 Productive sector (*) 5. 4 10,6 Infrastructure Energy 538. 5 598,7 80,0 279. 4 465,3 446,7 300,8 258,3 15,9 1 961,9 1 005. 8 Total contracts signed, net (**) 990,5 598. 7 80,0 997. 5 2 861. 5 668,8 6 197. 1 EIB loans (own resources) 351,6 351. 6 Authorized ceilings 1 000,0 1 000,0 80,0 1 000,0 3 000,0 750,0 6 830. 0 Balance (*) (**) 9,5 49. 7 0. 0 2,5 138,4 81,2 267. 5 Industry and agriculture Contracts signed less cancellations 2. 5. No financing applications for nuclear projects within the Community under the ECU 1,1 billion Euratom ceiling have been made in recent years. However, a number of projects outside the Community are currently being examined (see 3. 5). 2. 6. The facility providing medium-term financial assistance for Member States' balances of payments was not activated last year. Taking account of amounts disbursed in the past to Greece (ECU 1 billion - first tranche of the 1991 loan of ECU 2,2 billion) and to Italy (ECU 4 billion - first two tranches of the 1993 loan of ECU 8 billion) and repayments effected in 1996, the total amount of loans outstanding under this facility amounted to ECU 4 billion at 31 December 1996. The available margin to be financed by Community loans on the capital market therefore amounted to ECU 10 billion. 3. LENDING OUTSIDE THE COMMUNITY Lending activities with countries having concluded cooperation agreements with the Community tailed off following a period of continuous expansion in recent years. 3. 1. Macroeconomic assistance form for the loans in support and structural-adjustment to ECU 155 million in 1996 (Table 5). Disbursements made for this purpose and corresponding to loans previously approved amounted to ECU 140 million, of which ECU 40 million was allocated to CEEC (Bulgaria) and ECU 100 million to the CIS (Ukraine). In addition to this, new loans approved in 1996 included the disbursement of ECU 15 million to Moldova. of balance-of-payments third amounted countries 3. 2. No new disbursements were made in 1996 under the Council Decision of December 1991 relating to the commercial credit facility of ECU 1 250 million in favour of the new independent states of the former USSR (CIS). Since no new operations were decided on in 1996, the total amount of credits granted under the facility remained at the same level as in 1995, i. e. ECU 1 133 million (Table 8 in the Annex). 3. 3. EIB financing outside the Union amounted to ECU 2 294 million in 1996, about 18% down on the previous year (Table 2). ECU 2 190 million of this amount was financed from the Bank's own resources, with the remaining ECU 104 million funded from operations using risk capital drawn from Community or Member States' budgetary funds (Table 5). Lending activities were partly influenced by the process of renewing the mandates for Latin America and Asia (ALA), which took longer than anticipated, and by the unfavourable political climate in some regions. The loan total increased in the CEEC and in South Africa but fell in the African, Caribbean and Pacific (ACP) countries and the Overseas Countries and Territories (OCT), in the Mediterranean and in Latin America and Asia (ALA). 3. 3. 1. In the ACP countries and the OCT, the EIB provided assistance amounting to ECU 396 million (against ECU 430 million in 1995), of which ECU 99 million was in the form of risk capital from the resources of the European Development Fund (EDF). Two-thirds of financing (ECU 256 million) went to basic infrastructure necessary for Industry received finance the economic development of the countries concerned. totalling ECU 42 million in the form of individual loans and ECU 98 million in the form of global loans concluded with local financial institutions for the financing of small businesses. 3. 3. 2. Lending in the countries on the Mediterranean seaboard totalled ECU 681 million in 1996, of which ECU 5 million was drawn from awn resources. ECU 562 million of the loans was financed under non-protocol horizontal financial cooperation for communications and environmental protection projects. Loans under the current bilateral protocols totalled ECU 119 million. The breakdown per sector shows the importance of projects designed to control domestic pollution (waste-water collection and treatment facilities) and industrial pollution (decontamination project for a petrochemicals plant in Algeria and provision of desulphurization equipment total ECU 380 million, or 56% of financing for the year, went directly to environmental protection. in a power station in Turkey). In Loans totalling ECU 53 million were granted to Gaza for improvements to water distribution networks and the construction of a port. 3. 3. 3. In the CEEC, lending to ten countries totalled ECU 1 116 million in 1996 (ECU 1 005 million in 1995). Virtually all of these loans (97%) were provided under the Decision of the Board of Governors of May 1994 for a programme of ECU 3 billion with a Community budget guarantee. In addition, ECU 30 million was advanced to Slovenia under the protocol which entered into force in 1993. The bulk of these loans, with the exception of ECU 50 million in global loans, supported the 10 development of basic infrastructure, essentially communications, contributed to projects forming part of priority transport corridors. Several of them 3. 3. 4. Under the authorization given by the Board of Governors in February 1993 to finance investment in Latin America and Asia, a transaction was signed in Argentina (ECU 45 million) to improve road infrastructure. 3. 3. 5. The Bank continued to provide financing to South Africa in 1996 with a loan of ECU 56 million for the extension of the electricity distribution network. Table 5 Financing outside the Community in 1996 j (ECU million) ECSC Balance-of- payments support (1) EC and EDF budget resources (2) Own resources (3) Total E IB ACP-OCT Mediterranean basin CEEC CIS Latin America, Asia South Africa 99 5 16 40 115 Total 16 155 I 104 297 676 1 116 45 56 2 190 396 681 1 172 115 45 56 2 465 Disbursements. (1) (2) Granted and maintained by the EIB out of the budgetary resources of the EC or the European Development Fund (EDF) Signed loans. (3) | 3. 4. Outside the Community, a single ECSC loan of ECU 15,5 million was granted in 1996. The beneficiary was a steel company undergoing restructuring. 3. 5. The Council's decision of 21 March 1994 made Euratom loans available to CEEC and CIS countries with a view to improving the safety and efficiency of their nuclear power stations. The available amount is about ECU 1,1 billion, taking the current global ceiling fixed by the Council into account. Several projects are being appraised in Ukraine, Bulgaria, Russia and Lithuania, but given the political and technical complexity of projects of this type, no decision to provide funds was taken in 1996. 3. 6. The Community and EEB are both shareholders and close partners of the EBRD: they each hold 3% of the Bank's capital, work in close cooperation and match their resources. According to the EBRD's annual report for 1996, the Board approved 119 new projects in the CEEC and the former Soviet Union (against 134 in 1995), for a total amount of ECU 2,8 billion, or about 10% more than in 1995 on the basis of reevaluated figures. Signed commitments amounted to ECU 2,2 billion in 1996. 11 Equity holdings as a proportion of the Bank's entire activities fell from 24% in 1995 to 19% in 1996, i. e. ECU 526 million. 4. THE EUROPEAN INVESTMENT FUND In 1996, the EIF was able to complete the major preparatory work carried out since its creation in June 1994 and thus record a sharp rise in the number of operations signed. Twenty-two operations were signed during the year involving a total amount of ECU 833 million, which takes the overall volume of operations signed since its creation to ECU 1 464 million. The proportion of this amount taken up by infrastructure projects linked to the Trans-European Networks (TEN) programme is 78%, with the remaining 22% of commitments going to support small and medium- sized enterprises. The infrastructure projects which received Fund guarantees were in the transport and energy sectors. Guarantees granted to SME projects concentrated on support for the start-up phase of the "Growth and environment" pilot programme. This is an initiative of the European Parliament for which the Commission budget is financing the cost of loan guarantees for SMEs which carry out projects of potential benefit to the environment. Of the thirteen operations approved under this programme (to the tune of ECU 392 million), six (totalling ECU 162 million) have been negotiated and signed with financial intermediaries in five Member States. As provided for in its Statutes, the EIF was authorized in 1996 to become involved in equity participations. An amount of ECU 75 million was earmarked for this purpose up to the end of 1998. A series of operations were identified and examined in 1996, and the first contracts were scheduled to be signed at the start of 1997. At the end of 1996, the Fund's assets stood at ECU 1 786 million, or 89,3% of the authorized capital of ECU 2 billion. This has been subscribed by 78 shareholders made up of 76 financial institutions, the European Union (represented by the Commission) and the EIB. 5. BUDGETARY IMPACT OF LENDING The Community's general budget is affected by lending activities where loans are accompanied by interest subsidies and/or budget guarantees. 5. 1. Interest subsidies Interest subsidies are granted by the Community in the following fields (see Table 7 in Annex): a) the industrial conversion of coal and steel areas (Article 56 of the ECSC Treaty), b) the reconstruction of the disaster-hit areas of Italy, Greece and Portugal (Autonomous Region of Madeira), and 12 c) in the context of the "SME facility". No industrial loans at reduced rates for investment projects designed to promote consumption of Community coal (Article 54, second paragraph) have been made. With regard to subsidies for conversion loans in coal and steel areas (Article 56), interest subsidies amounted to ECU 36,8 million in 1996 against ECU 11,5 million in 1995 and ECU 51,1 million in 1994. The Council Decision on reconstruction following the earthquake on Madeira in 1993 lays down that interest subsidies on EIB loans are to be paid directly by the Commission to the Autonomous Region of Madeira and no longer via the EIB, as had been the case for the earthquakes in Greece and Italy. The Copenhagen European Council of June 1993 increased by ECU 3 billion the temporary facility agreed in Edinburgh for major infrastructure projects. Of that amount, ECU 1 billion is earmarked for measures to strengthen the competitiveness of European small and medium-sized enterprises and is combined with interest subsidies linked to job creation. The subsidy amounts to ECU 3 000 per additional job created (equivalent on average to a 2% interest-rate reduction). The Council Decision of 19 April 1994 allowed the EIB to start signing global lending agreements with financial intermediaries in all Member States in the second half of 1994. The allocation of loans ended on 15 December 1995, the entire budget of ECU 1 billion having been used up. By the end of 1996, 48% of this facility had been spent: a total of ECU 480 million had been allocated to 2 536 firms. It is thought that the entire budget could be disbursed in 1997, with some 4 500 firms benefiting. Budgetary payments for this facility amounted to ECU 2,8 million in 1995 and ECU 17,5 million in 1996. Interest subsidies are also provided in connection with EIB loans outside the Community (see Table 8 in Annex). 5. 2. Budget guarantees 5. 2. 1. Coverage All the outstanding borrowing contracted by the Community to finance loans managed by the Commission (Euratom, NCI, balance of payments) is guaranteed by the general budget. In this connection, the Community budget was involved in an ECU 15 million "balance-of-payments loan" to Moldova in 1996. The Bank's loans from own resources granted to non-Community countries in pursuit of the Community's policy of providing financial assistance for development are covered by a guarantee agreement. The guarantees are provided by Member States for loans in ACP countries and the OCT and by the Community for Mediterranean, Central and east European (CEEC) countries, the countries in Latin America and Asia with which the European Union has concluded cooperation agreements and South Africa. Details of the Community budget guarantees provided in this connection are as follows: 13 a) EIB loans to Mediterranean countries: These loans are covered by a global Community guarantee for 75% of the amount of loans signed. At the end of 1996, outstanding loans totalled ECU 2 357 million, of which ECU 265 million was accounted for by loans in Spain, Greece and Portugal (pre-accession) and ECU 2 092 million by loans in non-member Mediterranean countries. b) EIB loans to the CEEC: Loans contracted are fully covered by the Community guarantee. At 31 December 1996, the EIB had advanced ECU 1 628 million to these countries out of a total allocation of ECU 1,7 billion under the CEEC I Agreement. The total amount outstanding for loans at the end of 1996 was ECU 971 million. At the end of 1993, the Community renewed its guarantee to cover EIB lending to the CEEC, including the Baltic States and Albania, up to a ceiling of ECU 3 billion over the subsequent three years (CEEC II Agreement). At 31 December 1996 the EIB had advanced ECU 2 980 million from this allocation. At the same date, the amount of the guarantee outstanding was only ECU 335 million. c) EIB loans to third countries in Latin America and Asia: Loans granted to those countries with which the Community has concluded cooperation agreements are fully guaranteed by the Community budget. This programme was adopted in February 1993 and relates to a global amount of ECU 750 million over a period of three years, with a ceiling of ECU 250 million a year. At the end of 1996, loans signed stood at ECU 647 million, while disbursements, the amount of which is covered by On 12 December 1996, the Council authorized an interim guarantee for one year restricted to an overall loan ceiling of ECU 275 million, expiring in June 1997. This decision enabled the link to be made between the initial mandate conferred on the Bank in this region and the global multi-annual mandate for all third countries approved by the Council at the start of 1997. stood at ECU 204 million. the budget guarantee, d) EIB loans to South Africa: In June 1995, the Community provided its guarantee for loans to be granted by the EIB in South Africa over the subsequent two years, up to a maximum amount of ECU 300 million. These loans are fully guaranteed by the Community budget. At 31 December 1996, the EIB had advanced ECU 101 million while, on the same date, the outstanding guarantee relating to principal and interest was only ECU 32 million (Table 6). 14 5. 2. 2 Outstanding guarantees at 31 December 1996 the proportion of commitments At the end of 1996, outstanding guarantees provided by the Community budget, which, as indicated, relate to the amount of loans disbursed, details of which are given in Table 6, stood at some ECU 12 billion, more than 53% of which was for countries outside the Community. Compared with 1995, total outstanding guarantees were down by ECU 1 238 million. However, to non-Community countries has increased steadily from 37,5% in 1992 to 53% at present. The annual risk covered by the general budget, which concerns the repayment of the debt (principal and interest), stood at ECU 3 149 million in 1996, of which ECU 1 081 million related to third countries. At 31 December 1996, amounts paid out by the Community and not yet repaid by defaulting debtors stood at ECU 330,7 million, of which ECU 84,4 million is owed by some of the republics of the former Yugoslavia and ECU' 246,3 million by Tajikistan, Armenia and Georgia. All provisional drawings on the Commission's cash resources in respect of the guarantee have been settled from the budget up to 1994 and, since its establishment by Council Regulation No 2728/94 of 31 October 1994, by the Guarantee Fund. 15 Table 6 Capital outstanding on guaranteed operations (at 31 Dec 1996) (ECU million) Operation Amount ceiling Amount outstanding at 31. 12. 95(1) Amount outstanding at 31. 12. 96(2) Member States A. Balance of payments 1. Greece 2. Italy B. Other 3. Euratom (3) 4. NCI 5. EIB Mediterranean (E, GR, P) Non-Community countries A. Financial assistance 1. Hungary 2. Former USSR 3. Czech Republic 4. Sol va k Republic 5. Bulgaria 6. Romania 7. Estonia 8. Latvia 9. Lithuania 10. Israel 11. Algeria 12. Moldova 13. Ukraine 14. Belarus B. Other 15. Mediterranean 16. CEEC I and II 17. Latin America, Asia 18. South Africa TOTAL GENERAL 26 330 14 000 4 000 6 830 1500 17 422 5 035 1050 1250 250 125 400 580 40 80 100 160 600 60 285 55 12 387 6 362 4 700 1025 300 43 752 7 263 5 564 1000 4 045 720 1 113 385 5 851 2 987 440 347 250 125 360 510 20 40 75 160 500 45 85 30 2 864 1782 933 149 500 3 479 572 748 265 6 312 2 679 180 144 250 125 400 510 20 40 75 160 500 60 185 30 3 634 2 092 1 306 204 32 13 114 11 876 (1) Exchange rate as at 31. 12. 1995. (2) Exchange rate as at 31. 12. 1996. (3) Extension of Euratom loans to certain third countries (Council Decision of 21 March 1994). 16 STATISTICAL ANNEX 17 Table 1 Trend of borrowing and lending In the Community (ECU million) (ECU rate at year-end) 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 I. Borrowing ECSC 1265 1517 1487 880 913 1086 1446 1474 908 644 386 298 Balance of payments (1 ) Euratom NCI 862 488 541 344 860 860 853 93 611 945 522 76 49 49 70 66 350 1695 1209 4 969 245 410 155 Total Commission 2 469 3 408 3811 1918 1435 1512 3190 2 683 5 877 1008 862 453 EIB (2) Total EC II. Lending 5 699 6 786 5 593 7 666 9 034 10 996 13 672 12 974 14 224 14 148 12 395 17 553 8168 10194 9404 9584 10 469 12 508 16 862 15657 20101 15156 13 257 18006 ECSC 1010 1069 Balance of payments (1) Euratom NCI 862 443 393 211 884 969 860 314 908 700 993 1382 1486 918 674 350 1695 1209 4969 245 403 410 280 155 49 425 357 78 24 39 9 30 Total Commission 2 105 2 767 2568 1265 778 1367 3116 2 704 5 917 968 813 435 EIB (3) Total EC 5 641 6 678 6 967 8 844 11507 12 605 14 438 16 066 17 724 17 682 18 604 20 946 7 746 9 445 9 535 10109 12 285 13 972 17 554 18 770 23 641 18 650 19 417 21381 Note: The differences between total borrowing and lending by the Commission are due to borrowing operations undertaken for refinancing purposes and to changes in the balance of loans not assigned by the end of the year. The differences between borrowing and lending by the EIB are due to the fact that EIB lending operatbns are financed both from borrowings and from the Bank's own resources. (1) Mechanism for providing financial support for Member States and assistance for non-member countries. (2) Total resources raised. (3) Loans signed out of own resources, no account being taken of the guarantees provided by the EIB to promoters or of operations financed out of NCI resources. 18 Table 2 Community borrowings outstanding (at year-end) (1) (2) (ECU million) ECSC B B ( 3) Euratom NIC Sub-total borrowings borrowing Balance-of-pay. Total 6178 16 570 1272 1747 25 767 591 26 358 6 539 20 749 1 680 3 269 32 237 7119 25 007 1892 4 432 38 450 7 034 26 736 2 013 4 960 40 743 4 610 4 932 3236 36 847 43 382 43 979 6 761 30 271 2168 5 202 44 402 1 890 46 292 6 689 31 957 2 500 5 229 46 375 6 825 36 928 2164 5 514 51431 6 738 42 330 1945 5122 56135 2 997 2459 2 075 6 673 48 459 1 687 4 542 61 361 (4)2 045 7139 58 893 1563 3 817 71412 7 327 67 784 1 338 3 326 79 775 7 331 78 661 1018 2 202 89 212 6 548 83 673 5 966 87 079 4 656 96 649 779 720 572 1 570 92 570 1113 94 878 748 102 625 3 516 4026 5204 7 697 8 032 6658 49 372 53 890 58 210 63 406 74 928 83 801 94 416 100 267 102 910 109 283 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 (1) The conversion rates used were those obtained on 31 December of each year. As the majority of borrowings are denominated in national currencies, the difference between two year-ends reflects, on the one hand, changes in the valuation of the existing stock and, on the other, the net volume of borrowings during the year. (2) Original amount of borrowings, plus or minus repayments of the principal, cancellations, annulments and exchange-rate adjustments. (3) As from 1989 including short term. (4) As from 1990 also includes balance-of-payments and financial assistance for non-member countries. 19 Table 3 Community borrowings in 1996, by currency EIB Euratom ECSC NCI Payments(1) Borrowing Balance-of- Total (ECU million) 1995 % 1996 % ECU BEF DKK DEM GRD ESP FRF IEP ITL LUF NLG PTE FIM SEK GBP Sub-total CHF JPY USD ZAR Sub-total TOTAL (1) 500 19 88 5 285 97 2 035 655 102 4 398 65 84 358 34 191 2168 16 079 165 580 698 33 1 476 17 555 6 64 29 7 53 35 50 244 54 54 298 155 155 155 655 25 88 5 349 97 2064 662 102 4 451 100 84 358 34 191 2 218 16 478 165 580 752 33 1530 18008 6,1 0,1 19,5 1,1 12,0 2,7 1,0 25,6 1,5 1,1 7,6 0,1 0,6 8,3 87,3 2,9 5,8 4,0 12,7 100,0 3,6 0,1 0,5 29,7 0,5 11,5 3,7 0,6 24,7 0,6 0,5 2,0 0,2 1,1 12,3 91,5 0,9 3,2 4,2 0,2 8. 5 100,0 Balance of payments and financial assistance for non-member countries. Table 4 Lending in treConrnxifty in 1995 and 1996, by sector and instrument ECSC BB(1) Euratom Na(1) Total % of total 1995 1996 1995 1996 1995 19961 1995 1996 1995 1996 1995 1996 (ECU million) Productive sector 346 248 4617 4477 4963 4725 27,4 23,5 of which: allocations from global loans 222 178 2955 2630 3177 2808 17,5 14,0 infrastructure 14 20 10082 10388 10096 10408 55,6 51,8 of which: allocations from global loans Energy of which: allocations from global loans 1299 1535 1299 1539 7,2 7,6 12 3083 4945 3083 4957 17,0 24,7 100 279 too 27a 0,6 1,4 TOTAL 360 280 17782 198101 18142 20090} 100,0 100,0 (1) Financing granted (individual loans and allocations from global loans) 20 Table 5 Financing in the Community by the EIB In 1995 and 1996, by economic objective 1. Regional development 12 143,5 100,0 13 805,0 100. 0 1995 1996 ECU million •/. ECU million % 1. 1 By country Belgium Denmark Germany Greece Spain France Ireland Italy Luxembourg Netherlands Austria Portugal Finland Sweden United Kingdom 1. 2 By major sector Energy Communications Environment and various Industry, services, agriculture 249,0 304,0 1 786,3 335,7 2 697,0 1 440,1 165,5 2 458,8 79,3 24,0 63,8 1 252,8 23,7 4,7 1 258,6 2 009,0 5 270,0 1 614,0 3 252,0 2,1 2,5 14,7 2,8 22,2 11,9 1,4 20,2 0,7 0,2 0,5 10,3 0,2 0,0 10,4 16,5 43,4 13,3 26,8 236,0 397,0 2 297,0 730,0 2 352,0 1615,0 108,0 2 853,0 17,0 254,0 1 288,0 10,0 317,0 1 331,0 4 076,0 4 640,0 1 826,0 3 263,0 1,7 2,9 16,6 5,3 17,0 11,7 0,8 20,7 0,0 0,1 1,8 9,3 0,1 2,3 9,6 29,5 33,6 13,2 23,6 2. Communications infrastructure 6 592,0 100,0 6 506,0 100,0 2. 1 Transport 2. 2 Telecommunications 2. 3 Other 5 494,0 1 098,0 83,3 16,7 4 500,0 2 006,0 69,2 30,8 3. Environmental protection and improvement 6 044,0 100,0 5 875,0 100,0 3. 1 Environment 3. 2 Town planning 4. Energy 4. 1 Indigenous resources 4. 2 Import diversification 4. 3 Efficient use of energy 5. Industrial competitiveness 3 972,0 2 072,0 3 433,0 1 037,0 894,0 1 502,0 3 450,0 of which: small and medium-sized enterprises (1) 2 881,0 65,7 34,3 100,0 30,2 26,0 43,8 Number H736 4 209,0 1 666,0 4 031,0 547,0 2 011,0 1 473,0 3 776,0 2 594,0 71,6 28,4 100,0 13,6 49,9 36,5 Number j i 034 (1) N. B. Including allocations from NCI global loans. As some financing serves a number of purposes, the amounts shown under the different headings cannot be aggregated. 21 Table 6 Geoqraphical breakdown of lending (1) in the Community in 1995 and 1996 1996 Belgium Denmark Germany Greece Spain France Ireland Italy Luxembourg Netherlands Austria Portugal Finland Sweden United Kingdom Art. 18 (2) Total 1995 Belgium Denmark Germany Greece Spain France Ireland Italy Luxembourg Netherlands Austria Portugal Finland Sweden United Kingdom Art. 18 (2) Total (ECU million) ECSC EIB Euratom NCI Balance of payments Amount % 7,0 0,1 32,7 0,2 32,5 13,3 91,3 35,2 0,2 0,6 0,2 50,8 264,1 657,5 688,0 3 021,6 721,1 2 552,6 2 509,2 188,7 4 120,7 765,7 489,9 1 293,8 302,1 846,5 2 386,2 402,5 20 946,1 664,5 688,1 3 054,3 721,3 2 585,1 2 522,5 188,7 4 212,0 35,2 765,9 490,5 1 294,0 302,1 846,5 2 437,0 402. 5 21 210,2 3,1 3,2 14,4 3,4 12,2 11,9 0,9 19,9 0,2 3,6 2,3 6,1 1,4 4,0 11,5 100 ECSC EIB Euratom NCI Balance of payments Amount % 8,7 104,8 22,9 14,9 89,2 9,4 10,2 100,3 360,4 665,0 825,0 2 715,0 525,0 2 818,0 2 207,0 327,0 3 435,0 79,0 319,0 242,0 1 232,0 179,0 273,0 2 244,0 519. 0 18 604,0 673,7 825,0 2 819,8 525,0 2 840,9 2 221,9 327,0 3 524,2 88,4 319,0 242,0 1 242,2 179,0 273,0 2 344,3 519,0 18 964,4 3,6 4,4 14,9 2,8 15,0 11,7 1,7 18,6 0,5 1,7 1,3 6,6 0,9 1,4 12,4 2. 7 100 (1) (2) Loans granted Community projects that cannot be located in a particular Member State (e. g. tele- communication cables and satellites, North Sea Oil). 22 Table 7 Interest subsidies paid out in the Community by the various Community mechanisms 1977-96 (ECU million) Non-discounted systems (1) Discounted systems (2) ECSC Art 54 ECSC Art 56 Year (restrict) (convers. ) Employment in Portugal Earthquake reconstr. EMS ERDF SME facility 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 (1 ) (2) (3) 12,1 200,0 197,0 193,2 209,8 200,0 1. 3 9,8 10,4 25,7 7,6 10,5 4,0 6,2 3,6 5,9 2,4 3,0 2,6 1,3 1,0 2,7 16,5 8,0 33,4 6,3 19,3 7,1 34,0 74,9 33,1 35,6 38,6 42,5 40,6 48,6 106,0 114,3 51,1 11,5 36,8 4,0 3. 9 3,0 14,4 24,4 28,4 28,6 28,6 27,8 26,6 23,1 20,1 17,2 0,5 (3) 65,5 2,8 17,5 Interest subsidies spread over time and charged to the funds set aside for this purpose in the annual budgets. Interest subsidies paid by the Commission after discounting to a present value, and charged to the budget as a single sum in the initial year. Interest subsidies of ECU 475 500 paid directly by the Commission to the Autonomous Region of Madera (Council Decision 95/250/EC of 29 June 1995). 23 Table 8 Financial assistance outside the Community In force or under negotiation at 31. 12. 1996 | Operations from EIB resources Operations from budget resources (ECU million) Balance of payment assistance (4) Agreement Second Financial Protocol Fourth Lomé Convention Council Decision Council Decision Council Decision (7) Euro-Medterranean partnership (7) End of period 2000 2000 1997 2000 2000 Special financial cooperation not yet in force Fourth Financial Protocol Fourth Financial Protocol Council Decision (7) 2000 1998 1998 2000 Risk capital Non-repayable ECSC Ceiling operations aid Granted Disbursed 1693 1658 35 300 375 3140 2 310 750 30 50 3 520 (2) 1030 1000 30 (3) 12102 11967 135 (5) (5) 204 3460 200 (8) 3 425 (9) 760 600 (10) 160 (11) 660 500 160 2 2 13 22 4564 (13) 2730 2315 16 Financial protocol 1997 150 20 (14) 250 125 400 40 80 100 1050 580 105 (12) 250 125 400 20 40 75 790 510 105 1650 1408 1 250 (15) 1 133 60 285 55 60 185 30 ACP States-OCT ACP OCT South Africa Mediterranean countries(6) Algeria, Cyprus, Egypt, Israel, Jordan, Lebanon, Malta, Morocco, Syria, Tunisia, Turkey, Gaza and West Bank Turkey Malta Cyprus CEEC Czech Republic Solvak Republic Bulgaria Estonia Latvia Lithuania Hungary Romania Albania Slovenia as Former URSS Moldova Ukraine Belarus Latin American and Asian countries 1 | Council Decision Council Decision (7) 1997 2000 275 900 (1) Loans attracting interest subsidies from the European Development Fund in the case of projects in the ACP States and the OCT and from the gênerai budget of the European Communities in the case of projects in certain Mediterranean countries The neccessary amounts for the interest subsidies are charged to non-repayable aid. (2) Granted and managed by the SB. (3) Granted and managed by the Commission. (4) Cumulated amounts since 1990. These operations are granted and managed by the Commission (5) (6) The amounts available under the previous financial protocols may be used at the same time, whether that involves all of the sums Indudng amounts intended for interest subsidies on EIB loans. earmarked or residual amounts. lrcicativeanK>untcrBrgedtotheron-repa^ Inducing amounts reserved for risk-capital operations and interest subsidies for EIB finance to environmental projects. (7) Part of the multi-annual overall mandate approved on 14 April 1997. (8) (9) (10) Algeria (11) (12) Non-repayable advances. (13) PHARE Programme for the period 1996-99, managed by the Commission. (14) Only for interest subsidies for BB loans for transport projects of common interest. (15) Commercial credrts Israel 24 B. THE COMMISSION'S REPORT TO THE COUNCIL AND TO THE EUROPEAN PARLIAMENT on the rate of utilization of the New Community Instrument (NCI) (half-year from 1 July to 31 December 1996) 1. Overall situation on 31 December 1996 Council Decisions 83/200/CEE (Article 6) and 87/182/CEE (Article 8) on the financing of the NCI require the Commission to draw up a six-monthly report on the rate of utilization of the tranches of NIC III and IV. This report covers the period from 1 July to 31 December 1996. The different legal bases determine the method of assessing the amount of loans signed in relation to the maximum authorized borrowing: a) for NCI III, the volume of loans is lower than that of borrowings in order to take account of the currencies borrowed and the associated costs and expenses; b) for NCI IV, the ceiling applies to the loans signed. At the end of 1996, the situation regarding the use of the tranches for which a six- monthly report has to be drawn up was as follows: Use of NCI: situation at 31. 12. 1996 (ECU million) Ceiling Amounts used Balance NCI III NCI IV 3 000 750 2 862 669 138 (*) 81 (*) The special borrowing of ECU 100 million for European innovation projects has not yet been authorized by the Council. The borrowing operations carried out in the six months under review with a view to financing NCI activities or refinancing previous activities are shown in Annex 2 B. 25 2. Breakdown of loans by country and sector The table below provides an overall view of loans signed, converted into "borrowing equivalents", at 31 December 1996. The loans in the various currencies have been converted into ECUs at the exchange rate in force on the last working day of the quarter preceding the signing of the contract. Distribution of loans signed by country at 31. 12. 1996 (ECU million) Country NCII NCII! NCI III NCI IV NCI Total Belgium Denmark Greece Spain France Ireland Italy Netherlands Portugal UK Total 66,8 70,0 239. 0 479,9 134,9 990,5 Reconstr. 80,0 23,6 63,2 118,2 72,3 23,6 533,5 306,1 187. 4 1 206,0 424,0 303,0 111,2 69,2 938,7 68,4 1 228,5 285,7 598,7 3 066,3 3,2 29,9 109,3 9,9 95,8 3,2 39,8 407,1 100,6 114,9 125,0 116,6 473,4 67,1 % 0,4 8,6 4,9 3,0 19,5 6,8 49,5 0,1 0,6 6,6 997,5 2 861,6 668,8 678,7 6 197,1 100,0 SECTOR Productive sector Infrastructure Energy NCi III NCI IV 52,8 % 100,0 % 26,5 % 20,7 % 100,0% 100,0% NCI IV is of interest because of its special features, such as the options of converting loans into risk capital, using loans to finance the purchase of intangible assets and deferring interest payments, etc. No loan transactions have been carried out since 1991. 26 STATISTICAL ANNEX 27 N CI IV LOANS CEILING: E CU 750 M I L L I ON ( I) - (SKuattai at 3 1. 1 2. 1 9 K) Annex 1 Ref. Project description Date of contract ECU million (2) DK. E IF it UK Breakdown by oounby ( 2) 6 4 *7 64/87 68/87 68/81 69/B7 69/87 7(V87 7CV87 70/87 70/B7 70/87 71/87 71/87 73/87 103/87 105/87 106/37 107/87 107/87 108/87 108/87 110/87 121/87 148/87 1 4 » 87 148/87 14SV87 206/87 206/87 207/87 207/87 231/87 6 * *S 101/88 101/88 101/88 101/88 103/88 $03/88 103/88 103/S8 10SVÏ88 128/88 135/88 135/88 185/88 185/88 199/88 237/S8 237/88 237/88 237/88 175/89 119/S0 119/90 48/91 I. LOANS SIGNED FIH (Small Busmen) P G - WA FlH(SmaU Business) PG-VI/B B N L - P M I V /A B N L - P M I V /B I M I - P M I V /A I M l - P M I V /B MBDICCR C E N T O - P M 1 1 V /A MBDICCR CENTR. - PMI IV/B MEDICCR C E N T R. - P M I I V /C MBDICCR. C E N T R - P MI IV/D MEDICCR. CENTR. - P M I 1 V /E INTERBANCA - PMI IV/A 15. 09. 87 24. 05. 88 12. 10. 87 12. 10. 87 31. 07. 87 31. 07. 87 15. 09. 87 10. 12. 87 03. 02. 88 16. 03. 88 23. 06. 88 07. 10. 87 07. 10. 87 I N T E R B A N C A - P M I I V /B 22. 07. 87 B H - P GV 11. 12. 87 CENTROBANCA - PMI IV/A 11. 12. 87 CENTROBANCA-PMI IV/B 05. 11. 87 SAN PAOLO Aprindusbia II 18. 12. 87 CREDIOP-PMI1/A 18. 12. 87 CRBDIOP-PMII/B 18. 12. 87 BANCO DINAPOLI - PMI A 18. 12. 87 BANCO DINAPOLI- PMI B 24. 07. 87 B° DESANTANDER - PYMB 23. 07. 87 B° DE BILBAO - PYME 17. 12. 87 EF1BANCA- PMI IV/A 17. 12. 87 EF1BANCA - PMI IV/B 24. 06. 88 EFIBANCA - PMI IV/C 24. 06. 88 BHBANCA-PMUV/D 17. 12. 87 B°DEVIZCAYA-PYMEA 30. 11. 88 B°DEVIZCAYA-PYMEB B° ESPANOL DE CREDITO -PYMB A 18. 12. 87 B° ESPANOL DE CREDITO-PYME B 18. 11. 88 05. 02. 88 CREDIT NATIONAL - PMI HI INVESTORS IN INDUSTRY - 28. 12. 88 GROUPED LOAN V 05. 10. 88 EFIBANCA-PMI V/A 05. 10. 88 EFIBANCA - PMI V/B 16. 01. 89 EFIBANCA-PMIV/C 16. 01. 89 EHBANCA-PMI V/D 10. 10. 88 MEDICCR. LOMBARDO - PMI A 10. 10. 88 MEDICCR. LOMBARDO - PMI B 06. 02. 89 MEDIOCR LOMBARDO - PMI C 06. 02. 89 MEDICCR LOMBARDO - PMI D 21. 12. 88 BARCLAYS BANKIIGL 19. 12. 88 CENTROBANCA-PMI V/A 19. 12 88 CENTROBANCA - PMI V/B 09. 12. 88 CRBDIOP-PMIIl/A 09. 12. 88 CREDIOP-PMIIVB 25. 05. 89 BANCO DI SîaLJA - PMI V/A 25. 05. 89 BANCODISICILIA-PMIH/B CREDIT INDUSTRIEL ET COMML. 29. 11. 88 M - I M WA IMI-PMIWB IMt-PMIWC" IMI-PMÎVI/D BARCLAYS BAN3CHI/A KREDIETBANKN. V. -GL KREDIETBANK. N. V. -GL B» ESPANOL DE CREDITO PG PY 19. 12. 88 15. 12. 88 05. 02. 89 06. 02. 89 30. 11. 89 20. 12. 90 20. 12. 90 28. 05. 91 31,80 31. 43 18,68 8,01 37,29 15,98 6,19 5,88 4,81 3,27 18,98 9,34 4,00 9,91 9,34 4,00 1334 4,67 2,00 4,60 M>7 20,19 31,64 4,67 2,00 4,55 1,95 9,37 8,60 12,04 10,94 20,00 20,90 4,53 1,94 4,57 1. 96 6. 79 2,91 9,14 3,92 45,55 13,23 5,67 4,53 1,94 4 , 58 1,96 52,32 9,06 3,88 13,72 5,88 29,38 18,04 5,54 25,44 31,80 31. 43 18,68 8,01 37,29 15. 98 6. 19 5,88 4,81 3,27 18,98 9. 34 4,00 9,34 4,00 1 3 ^4 4,67 2,00 4,60 1,97 4,67 2,00 4,55 1,95 4,53 1,94 4. 57 1,96 6,79 2. 91 9,14 3,92 13,23 5,67 4,53 1,S>4 4 38 1,96 9,06 3,88 13. 72 5,88 9. 91 20. 90 29,38 20,19 31,64 9. 37 8,60 12,04 10,94 20,00 5 2 32 18,04 5,54 25,44 TOTALI 668,82 23,58 «3,23 118,22 7232 285,73 9,91 95,83 H. LOANS APPROVED, AWAITING SIGNATURE BALANCE CEILING 0,00 81,18 750,00 (1) JOi: 271 of I4. 03. 19S7 ( l am m i n t ). (2)Gsn<isimi»Uirathc»ecicUinrfm<hel»**qtor,a«ycftte 28 NCt BORROWING, BY CURRENCY} Annex 2 I A. -Debt outstanding at 31. 12. 1996 (1 ) Currency (million) Equivalent in ECU million(2) ECU BEF DEM ESP FRF ITL LUF NLG GBP CAD CHF JPY USD Total 70. 0 70,0 304,3 156,3 2 100. 0 320. 0 277. 5 11. 5 100. 0 - " 127,0 15. 6 - 59,1 - 748. 0 B. - New operations: 01. 07. 1996 - 31. 12. 1996 | Date of issue Duration (years) Coupon Currency (mlffÊon) j Fresh capital (1) j Re- financings Equivalent in MECU (3) (1) Excluding ref. nancing operations, designed to reduced the cost of servicing existing debt initialiy contracted at higher interest rates. (2) Exchange rates as at 31. 12. 1996. (3) Exchange rates at signature. 29 ISSN 0254-1475 COM(97) 312 final DOCUMENTS EN 09 oi Catalogue number : CB-CO-97-299-EN-C ISBN 92-78-21542-2 Office for Official Publications of the European Communities L-2985 Luxembourg "2D


title: VERORDENING (EG) Nr. 1127/97 VAN DE COMMISSIE van 19 juni 1997 betreffende de afgifte van uitvoercertificaten van het B-stelsel in de sector groenten en fruit

eurovoc_concepts:
export licence
nut


title: WRITTEN QUESTION No. 2071/97 by Jaak VANDEMEULEBROUCKE to the Commission. Community environmental grant

eurovoc_concepts:
EU aid
European Commission
association
balance of payments assistance
board of directors
environmental protection
management audit
use of aid

text: 3. 4. 98 EN Official Journal of the European Communities C 102/11 (98/C 102/14) WRITTEN QUESTION E-2070/97 by Jaak Vandemeulebroucke (ARE) to the Commission (19 June 1997) Subject: Community environmental grant Under budget heading B4-306, subsidies are granted for environmental protection. A list of organizations which have received such subsidies was published in OJ C 148 of 16 May 1997. What project was submitted by the (cid:145)Stichting Euro Info Centrum(cid:146)? Can the Commission supply more information about this organization? Can it supply a copy of the organization(cid:146)s bye-laws and a recent list of the members of its committee? To what extent has the Commission verified that the funds have been spent correctly? Answer given by Mrs Bjerregaard on behalf of the Commission (22 September 1997) This project covers training and equipping Euro info centres (EIC) to enable them to raise small and medium sized enterprises (SME) awareness to environmental priorities, provide SMEs with a kit to do critical environmental self analysis, and through this approach, lead the SMEs towards the Community eco-management and audit scheme (EMAS) registration. The stichting Euro Info centrum is one of the most active info centres in the environmental field. It is well staffed and efficient, and has for some years been the active coordinator of EIC environmental activity. It is also close to Brussels and therefore well placed to provide the necessary interface with the Commission for management of the project. A copy of the articles of association, and a list of present management committee members is sent directly to the Honourable Member and to the Parliament(cid:146)s Secretariat. The project is still under way, and will not be completed until mid 1998. Upon completion of the project, the project operator is required to submit a final report on the work done, and final accounts showing all appropriate expenditure, and a final financial balance. This information is checked by the Commission, including finance control, to ensure that the work has been done properly, and that the total expenditure involved has been correctly reflected. (98/C 102/15) WRITTEN QUESTION E-2071/97 by Jaak Vandemeulebroucke (ARE) to the Commission (19 June 1997) Subject: Community environmental grant Under budget heading B4-306, subsidies are granted for environmental protection. A list of organizations which have received such subsidies was published in OJ C 148 of 16 May 1997. What project was submitted by the (cid:145)European Golf Association(cid:146)? Can the Commission supply more information about this organization? Can it supply a copy of the organization(cid:146)s bye-laws and a recent list of the members of its committee? To what extent has the Commission verified that the funds have been spent correctly?