Procedure completed
Role | Committee | Rapporteur | Shadows |
---|---|---|---|
Lead | BUDG | TOMLINSON The Lord John E. (PSE) | |
Opinion | CONT | KÖNIG Friedrich (PPE) |
Legal Basis RoP 132
Activites
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1996/10/28
Final act published in Official Journal
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1996/09/19
Decision by Parliament, 1st reading/single reading
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T4-0484/1996
summary
In adopting the report by Mr John TOMLINSON (PSE, UK) on guarantees covered by the general budget - situation at 30 June 1995, Parliament regretted that the Commission had presented only a descriptive assessment with no regard to future perspectives and developments. The report observes that the report on the guarantee situation contains no mention of the limitations imposed by the guarantee reserve for loans to third countries and is tantamount to presenting misleading statements. Pointing out that the situation of the Guarantee Fund mechanism is particularly critical, the report takes the view that the lending and borrowing activities of the Community will by 1997 face a situation when not even the present level of allocations can be maintained at their current level. Noting that the European Council at its Summit meeting in Cannes concluded that it is necessary to extend lending and borrowing activities of the Community to third countries, the report asks Commission and Council to propose a revision of the Guarantee Fund mechanism which will contain an adequate balance between an increase of the Guarantee reserve and a flexible application of the risk coverage and of its provisioning rate. �
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T4-0484/1996
summary
- 1996/09/18 Debate in Parliament
- 1996/07/23 Vote in committee, 1st reading/single reading
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1996/02/01
Committee referral announced in Parliament, 1st reading/single reading
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1995/12/07
Non-legislative basic document published
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COM(1995)0625
summary
OBJECTIVE: this report relates to guarantees covered by the general budget - situation at 30 June 1995. It follows the Commission's declaration during the vote on the SAB 1/91 that it would report to the budgetary authority twice a year on the situation of budget guarantees and the corresponding risks. The Commission has already presented eight reports of this type to the budgetary authority SUBSTANCE: this report is divided into three parts: 1. Events that have occurred since the last report, the changed risk situation and the activation of budget guarantees; 2. The description of operations entered in the budget; 3. The assessment, on the same date, of the economic and financial situation of third countries benefiting from the most important operations. �
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COM(1995)0625
summary
Documents
- Non-legislative basic document published: COM(1995)0625
- Committee report tabled for plenary, single reading: A4-0254/1996
- Debate in Parliament: Debate in Parliament
- Decision by Parliament, 1st reading/single reading: T4-0484/1996
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