BETA


2003/0330(CNS) Macro-financial assistance to Albania

Progress: Procedure completed

RoleCommitteeRapporteurShadows
Lead ITRE BERENGUER FUSTER Luis (icon: PES PES)
Committee Opinion AFET VALLVÉ Joan (icon: ELDR ELDR)
Committee Opinion BUDG SEPPÄNEN Esko (icon: GUE/NGL GUE/NGL)
Lead committee dossier:
Legal Basis:
EC Treaty (after Amsterdam) EC 308, RoP 52-p2

Events

2004/08/06
   Final act published in Official Journal
Details

PURPOSE: To provide long-term macro-financial assistance to Albania with a view to helping the country meet its external financing needs.

LEGISLATIVE ACT: Council Decision 2004/580 providing macro-financial assistance to Albania and repealing Decision 1999.282/EC

CONTENT: In agreeing this Council Decision the Community has committed itself to making macro-financial assistance available to Albania in the form of a long-term loan and a straight grant. This has been done to allow Albania to meet its external financing needs by reinforcing its reserves and by offering budgetary support. The loan is equivalent to a maximum of EUR 9 million with a maximum maturity of 15 years. The grant on the other hand amounts to EUR 16 million. The Community financial assistance will be managed by the Commission in close consultation with the Economic and Financial Committee and in a manner consistent with agreements reached between the IMF and Albania. Both the loan and the grant components will be made available by the Commission to Albania in at least two instalments.

ENTRY INTO FORCE: 6 August 2004.

2004/04/29
   EP/CSL - Act adopted by Council after consultation of Parliament
2004/04/29
   EP - End of procedure in Parliament
2004/04/29
   CSL - Council Meeting
2004/03/31
   EP - Text adopted by Parliament, 1st reading/single reading
2004/03/31
   EP - Decision by Parliament
Documents
2004/03/29
   EP - Committee report tabled for plenary, 1st reading/single reading
Documents
2004/03/29
   EP - Vote in committee
2004/03/28
   EP - Committee report tabled for plenary, 1st reading/single reading
Documents
2004/02/09
   EP - Committee referral announced in Parliament
2004/02/03
   EP - BERENGUER FUSTER Luis (PES) appointed as rapporteur in ITRE
2004/01/21
   EP - VALLVÉ Joan (ELDR) appointed as rapporteur in AFET
2004/01/21
   EP - SEPPÄNEN Esko (GUE/NGL) appointed as rapporteur in BUDG
2003/12/23
   EC - Legislative proposal
2003/12/22
   EC - Legislative proposal published

Documents

History

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

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  • date: 2004-03-31T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P5-TA-2004-231 title: T5-0231/2004 summary:
  • date: 2004-04-29T00:00:00 type: Act adopted by Council after consultation of Parliament body: EP/CSL
  • date: 2004-04-29T00:00:00 type: End of procedure in Parliament body: EP
  • date: 2004-08-06T00:00:00 type: Final act published in Official Journal summary: PURPOSE: To provide long-term macro-financial assistance to Albania with a view to helping the country meet its external financing needs. LEGISLATIVE ACT: Council Decision 2004/580 providing macro-financial assistance to Albania and repealing Decision 1999.282/EC CONTENT: In agreeing this Council Decision the Community has committed itself to making macro-financial assistance available to Albania in the form of a long-term loan and a straight grant. This has been done to allow Albania to meet its external financing needs by reinforcing its reserves and by offering budgetary support. The loan is equivalent to a maximum of EUR 9 million with a maximum maturity of 15 years. The grant on the other hand amounts to EUR 16 million. The Community financial assistance will be managed by the Commission in close consultation with the Economic and Financial Committee and in a manner consistent with agreements reached between the IMF and Albania. Both the loan and the grant components will be made available by the Commission to Albania in at least two instalments. ENTRY INTO FORCE: 6 August 2004. docs: title: Decision 2004/580 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32004D0580 title: OJ L 261 06.08.2004, p. 0116-0118 url: https://eur-lex.europa.eu/JOHtml.do?uri=OJ:L:2004:261:SOM:EN:HTML
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  • 6.40.03 Relations with South-East Europe and the Balkans
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  • date: 2003-12-23T00:00:00 docs: url: http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2003/0834/COM_COM(2003)0834_EN.pdf celexid: CELEX:52003PC0834:EN type: Legislative proposal published title: COM(2003)0834 type: Legislative proposal published body: EC commission: DG: url: http://ec.europa.eu/dgs/economy_finance/index_en.htm title: Economic and Financial Affairs
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