Progress: Procedure completed
Role | Committee | Rapporteur | Shadows |
---|---|---|---|
Lead | ITRE | BERENGUER FUSTER Luis ( PES) | |
Committee Opinion | AFET | VALLVÉ Joan ( ELDR) | |
Committee Opinion | BUDG | SEPPÄNEN Esko ( GUE/NGL) |
Lead committee dossier:
Legal Basis:
EC Treaty (after Amsterdam) EC 308, RoP 52-p2
Legal Basis:
EC Treaty (after Amsterdam) EC 308, RoP 52-p2Subjects
Events
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.
Documents
- Final act published in Official Journal: Decision 2004/580
- Final act published in Official Journal: OJ L 261 06.08.2004, p. 0116-0118
- Text adopted by Parliament, 1st reading/single reading: T5-0231/2004
- Text adopted by Parliament, 1st reading/single reading: OJ C 103 29.04.2004, p. 0448-0548 E
- Decision by Parliament: T5-0231/2004
- Committee report tabled for plenary, 1st reading/single reading: A5-0225/2004
- Committee report tabled for plenary, 1st reading/single reading: A5-0225/2004
- Legislative proposal: COM(2003)0834
- Legislative proposal: EUR-Lex
- Legislative proposal published: COM(2003)0834
- Legislative proposal published: EUR-Lex
- Legislative proposal: COM(2003)0834 EUR-Lex
- Committee report tabled for plenary, 1st reading/single reading: A5-0225/2004
- Text adopted by Parliament, 1st reading/single reading: T5-0231/2004 OJ C 103 29.04.2004, p. 0448-0548 E
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