Activites

• 1999/04/28 Final act published in Official Journal
  • Decision 1999/282
  • OJ L 110 28.04.1999, p. 0013
• #2172
• 1999/04/22 Council Meeting
• 1999/04/22 End of procedure in Parliament
• 1999/04/22 Act adopted by Council after consultation of Parliament
• 1999/02/12 Decision by Parliament, 1st reading/single reading
  • T4-0124/1999 summary

    The Parliament voted to approve the proposal subject to some amendments. Parliament's Rapporteur was Ms. Leonie VAN BLADEL (UPE, NL). The main amendments were as follows : - The Commission will make the disbursement of the two instalments conditional upon verification of the rapid liquidation of the remaining pyramid scheme companies, and implementation of the newly adopted organic budget law; - the Commission shall also examine, before any disbursement, the situation as regards the approval of the new Customs Code, the consolidation of customs and tax revenue collection and the modernisation of customs services; - the Commission shall inform the European Parliament on the economic and institutional policy conditions attached to the loan and agreed with the Albanian authorities according to Art. 2(1); it shall also inform Parliament about the results of the verification carried out pursuant to Art. 2(2); - The Commission shall inform the European Parliament prior to the disbursement of the second instalment of the macro-financial assistance; - Article 4(5) is amended to 'The European Parliament and the Monetary and the Phare Committees shall be kept informed of developments in the operations referred to in Art. 4 (2) and (3) at least once a year.�

• 1999/02/11 Debate in Parliament
  • Debate in Parliament
• 1999/01/26 Vote in committee, 1st reading/single reading
  • A4-0041/1999
• 1998/12/02 Committee referral announced in Parliament, 1st reading/single reading
• 1998/09/03 Legislative proposal published
  • COM(1998)0507 summary

    OBJECTIVE: to grant ECU 20 m in macrofinancial assistance to Albania in the form of a long-term loan. SUBSTANCE: the purpose of the proposal is to provide a maximum of ECU 20 m in macrofinancial assistance to Albania in the form of a long-term loan, with a maturity not exceeding 15 years. The loan will help to ensure the viability of Albania's balance of payments and to consolidate its reserves. The Commission will be instructed to find the necessary resources on the financial markets and to manage the loan in collaboration with the Monetary Committee and in a manner compatible with any agreement reached between the International Monetary Fund (IMF) and Albania. After consulting the Monetary Committee, the Commission is to negotiate with the Albanian authorities concerning the economic policy conditions to be attached to the loan, and will periodically check, together with the Monetary Committee and the IMF, whether the policy pursued accords with the objectives set for the granting of the loan. The loan will be divided into at least two instalments: -the first to be released once the mid-term review of the first year of the structural adjustment programme concluded between the IMF and Albania has been completed, -the second to be released only on the basis of a satisfactory track record in implementing the agreements between the IMF and Albania. The Commission will report to the European Parliament and the Council at least once a year, providing an evaluation of the implementation of the proposal.�

Documents

• Legislative proposal published: COM(1998)0507
• Committee report tabled for plenary, 1st reading/single reading: A4-0041/1999
• Debate in Parliament: Debate in Parliament
• Decision by Parliament, 1st reading/single reading: T4-0124/1999
• : Decision 1999/282
• : OJ L 110 28.04.1999, p. 0013

History

(these mark the time of scraping, not the official date of the change)