Activites

• 2002/02/23 Final act published in Official Journal
  • Regulation 2002/332
  • OJ L 053 23.02.2002, p. 0001-0003
• #2409
• 2002/02/18 Council Meeting
• 2002/02/18 End of procedure in Parliament
• 2002/02/18 Act adopted by Council after consultation of Parliament
• 2001/09/06 Decision by Parliament, 1st reading/single reading
  • T5-0445/2001 summary

    The European Parliament approved the report by Mr Generoso ANDRIA (EPP-ED, I) to reduce the present ceiling on loans to Member States facing balance payments difficulties from EUR 16 billion to EUR 12 billion to take account of new economic conditions brought by Economic and Monetary Union and the introduction of the single currency. The scheme will not apply to those Member States not members of the single currency but does have implications for the candidate countries. Several non-binding amendments seeking to involve Parliament in any decisions taken in the future, especially affecting the new countries were approved as was another amendment designed to protect the EU budget from any new potential risks. �

• 2001/09/05 Debate in Parliament
  • Debate in Parliament
• 2001/07/12 Vote in committee, 1st reading/single reading
  • A5-0269/2001
• 2001/04/02 Committee referral announced in Parliament, 1st reading/single reading
• 2001/03/07 Legislative proposal published
  • COM(2001)0113 summary

    PURPOSE : to establish a facility providing medium-term financial assistance for Member States' balances of payments. CONTENT : the present facility providing medium-term financial assistance for Member States' balances of payments was established by Council Regulation 1969/88/EEC of 24 June 1998. The Council has on several occasions since 1988 examined the financial assistance facility in light of the Commission's report and the opinions delivered by Economic Financial Committee and Parliament. on whether the facility still met, in its principle, arrangements and ceiling, the need which led to its creation. The Council was in favour of retaining the facility and adapting the legal reference framework. It also felt that the present Regulation, which provides for exclusive recourse to the capital market for financial loans granted under the facility, should be amended and the ceiling reduced from EUR 16 billion to EUR 12 billion. Lastly, it called on the Commission to present in due course a proposal amending Regulation 1969/88/EEC accordingly.�

  • DG [{'url': 'http://ec.europa.eu/dgs/economy_finance/index_en.htm', 'title': 'Economic and Financial Affairs'}],

Documents

• Legislative proposal published: COM(2001)0113
• Committee report tabled for plenary, 1st reading/single reading: A5-0269/2001
• Debate in Parliament: Debate in Parliament
• Decision by Parliament, 1st reading/single reading: T5-0445/2001
• : Regulation 2002/332
• : OJ L 053 23.02.2002, p. 0001-0003

History

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