Procedure completed
Role | Committee | Rapporteur | Shadows |
---|---|---|---|
Lead | BUDG | RÜHLE Heide (V/ALE) | |
Opinion | CONT | BLAK Freddy (PSE) | |
Opinion | ITRE |
Legal Basis EC Treaty (after Amsterdam) EC 308
Activites
- 2000/01/13 Final act published in Official Journal
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1999/12/22
End of procedure in Parliament
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1999/12/22
Act adopted by Council after consultation of Parliament
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1999/11/19
Decision by Parliament, 1st reading/single reading
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T5-0123/1999
summary
The European Parliament adopted its report drafted by Mrs. Heide RÜHLE (Greens/EFA, D) and approved the Commission's proposals subject to a number of amendments. These include: - ensuring transparency, accountability and conformity with the Community's objectives and policies of programmes and operations; - provisions for the improved evaluation of the effectiveness of EIB operations and the extent to which they contribute to the Community's objectives; - the EIB should be subject to legislation on public access to documents to be adopted by the European Parliament and the Council; - the Commission, in its annual report to the European Parliament and the Council, is to assess alternatives to lending operations through the EIB, such as interest rate subsidies; - regular consultation between the EIB and the Commission to ensure the coordination of priorities and activities in third countries and to measure progress towards the fulfilment of the Bank's objectives; - in respect of requests for transfers of appropriations from the guarantee reserve in order to provision the Guarantee FUnd, the Commission shall ensure that the budgetary authority is in possession of all the information it requires in order to reach a decision on the transfer request, including information on the loans which have given rise to the request and on the overall level of calls made on the Guarantee Fund or expected to be made in that budgetary year: - the Commission is to report to the Parliament and the Council on the application of this Decision by 31.01.2003, or six months before any accession treaties come into force, and make a proposal for amendment, if appropriate.�
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T5-0123/1999
summary
- 1999/11/18 Debate in Parliament
- #2212
- 1999/11/08 Council Meeting
- 1999/11/08 Vote in committee, 1st reading/single reading
- #2205
- 1999/10/08 Council Meeting
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1999/07/23
Committee referral announced in Parliament, 1st reading/single reading
- #2196
- 1999/07/12 Council Meeting
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1999/04/26
Legislative proposal published
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COM(1999)0142
summary
PURPOSE: granting a Community guarantee to the EIB against losses under loans for projects in third countries. CONTENT: In accordance with the Council's guidelines concerning EIB loans, as well as the Agenda 2000 conclusions, the Commission proposes to: 1) invite the EIB to continue its lending operations out of its own resources in accordance with its criteria for investment projects in Central and Eastern Europe and Western Balkans, in the Mediterranean countries, in Latin American and Asian countries with which the Community has concluded cooperation agreements and in the Republic of South Africa. 2) grant a budget guarantee to the EIB for a period of three and a half years starting on 31.01.2000 (except for South Africa, where a period from 01.07.2000 until 31.07.2003 is suggested so as to align mandates) in respect of 60% of all the loans signed within a ceiling of 9,475 million euros, broken down as follows: - Central and Eastern Europe/Western Balkans: 4,725 million euros; - Mediterranean: 3,100 million euros; - Asia/Latin America: 1,225 million euros; - South Africa: 425 million euros. 3) at the end of the period of three and a half years, automatically extend the guarantee to cover the same overall amount until the end of the next Financial Perspective unless the Council were to decide otherwise on the basis of a proposal from the Commission. 4) invite the Bank to cover the commercial risk on 30% of the lending under the regional mandates defined by this proposal from non-sovereign guarantees to be expanded whenever possible.�
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COM(1999)0142
summary
Documents
- Legislative proposal published: COM(1999)0142
- Debate in Council: 2196
- Debate in Council: 2205
- Debate in Council: 2212
- Committee report tabled for plenary, 1st reading/single reading: A5-0051/1999
- Debate in Parliament: Debate in Parliament
- Decision by Parliament, 1st reading/single reading: T5-0123/1999
- : Decision 2000/24
- : OJ L 009 13.01.2000, p. 0024
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