Procedure completed
Lead committee dossier: BUDG/4/06080
Legal Basis EC before Amsterdam E 235, Euratom Treaty A 203, RoP 154
Activites
- 1994/11/12 Final act published in Official Journal
- #1796
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1994/10/31
Council Meeting
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1994/10/31
End of procedure in Parliament
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1994/10/31
Act adopted by Council after consultation of Parliament
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1994/10/26
Decision by Parliament, 1st reading/single reading
- T4-0056/1994
- 1994/10/25 Debate in Parliament
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1994/10/24
Committee report tabled for plenary, reconsultation
- A4-0030/1994
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1994/10/24
Vote in committee, 1st reading/single reading
- 1994/10/24 Modified legislative proposal published
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1994/10/20
Formal reconsultation of Parliament
- 1994/07/20 Amended legislative proposal for reconsultation published
- #1772
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1994/06/20
Council Meeting
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1994/02/04
Modified legislative proposal published
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COM(1993)0706
summary
The Commission's amended proposal incorporates Parliament's amendments which refer to the links between this proposal and the budget and, more importantly, Article 203 of the Treaty, the interinstitutional agreement and the inclusion of certain Guarantee Fund operations in the budget. However, the Commission has rejected amendments seeking to change the payment rate, the target amount and the type of payments made.�
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COM(1993)0706
summary
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1993/10/28
Decision by Parliament, 1st reading/single reading
- T3-0582/1993
- 1993/10/26 Debate in Parliament
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1993/10/25
Vote in committee, 1st reading/single reading
- A3-0315/1993
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1993/03/12
Committee referral announced in Parliament, 1st reading/single reading
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1993/01/26
Legislative proposal published
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COM(1993)0020
summary
OBJECTIVE: The proposal for a regulation was aimed at establishing a guarantee fund to cover risks associated with loans issued to non-member countries. CONTENT: The fund would be financed progressively by paying in a percentage of each new action decided upon. Interest from investments on Fund assets and late repayments from defaulting debtors, whose creditors would have been paid out of the Fund, would subsequently also be paid into the Fund. The objective, in accordance with the decisions taken at the Edinburgh Summit, was to achieve a 10% coverage rate for all loans. In the event of a debtor defaulting, the Fund would be mobilised in order to honour the Community commitments. Payments representing 14% of the amount of each new loan (or loan guarantee) would initially be made in order to achieve the coverage rate as soon as possible. Once this rate had been achieved, the payments would be reduced to 10%. The Commission suggested seeking the opinion of the European Court of Auditors on this proposal. �
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COM(1993)0020
summary
Documents
- Legislative proposal published: COM(1993)0020
- Committee report tabled for plenary, 1st reading/single reading: A3-0315/1993
- Debate in Parliament: Debate in Parliament
- Decision by Parliament, 1st reading/single reading: T3-0582/1993
- Modified legislative proposal published: COM(1993)0706
- Amended legislative proposal for reconsultation published: 07593/1994
- Committee report tabled for plenary, reconsultation: A4-0030/1994
- Modified legislative proposal published: N4-0180/1994
- Debate in Parliament: Debate in Parliament
- Decision by Parliament, 1st reading/single reading: T4-0056/1994
- : Regulation 1994/2728
- : OJ L 293 12.11.1994, p. 0001
History
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