# Official Journal C 439/2017

| | ISSN 1977-091X |
| --- | --- |
| Official Journal
  of the European Union | C 439 |
| | |
| English edition | Information and Notices | Volume 6020 December 2017 |

ISSN 1977-091X

Official Journal

of the European Union

C 439

English edition

Information and Notices

Volume 6020 December 2017

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| Notice No | Contents | page |
| --- | --- | --- |
| | I   Resolutions, recommendations and opinions |
| | RECOMMENDATIONS |
| | Council |
| 2017/C 439/01 | Council Recommendation of 5 December 2017 with a view to correcting the significant observed deviation from the adjustment path toward the medium-term budgetary objective in Romania | 1 |

Notice No

Contents

page

I   Resolutions, recommendations and opinions

RECOMMENDATIONS

Council

2017/C 439/01

Council Recommendation of 5 December 2017 with a view to correcting the significant observed deviation from the adjustment path toward the medium-term budgetary objective in Romania

1

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| | II   Information |
| --- | --- |
| | INFORMATION FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES |
| | European Commission |
| 2017/C 439/02 | Non-opposition to a notified concentration (Case M.8679 — Blackstone/Banco Popular Real Estate Business) (
  1
  ) | 4 |

II   Information

INFORMATION FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES

European Commission

2017/C 439/02

Non-opposition to a notified concentration (Case M.8679 — Blackstone/Banco Popular Real Estate Business) (
  1
  )

1

4

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| | IV   Notices |
| --- | --- |
| | NOTICES FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES |
| | Council |
| 2017/C 439/03 | Council Decision of 18 December 2017 appointing three members of the European Statistical Governance Advisory Board | 5 |
| 2017/C 439/04 | Council Decision of 18 December 2017 appointing the Chairperson of the European Statistical Governance Advisory Board | 7 |
| | European Commission |
| 2017/C 439/05 | Euro exchange rates | 8 |
| 2017/C 439/06 | Commission Decision of 19 December 2017 on the appointment of certain members of the Scientific Council of the European Research Council | 9 |
| | Court of Auditors |
| 2017/C 439/07 | Special Report No 23/2017 Single Resolution Board: Work on a challenging Banking Union task started, but still a long way to go | 11 |

IV   Notices

NOTICES FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES

Council

2017/C 439/03

Council Decision of 18 December 2017 appointing three members of the European Statistical Governance Advisory Board

5

2017/C 439/04

Council Decision of 18 December 2017 appointing the Chairperson of the European Statistical Governance Advisory Board

7

European Commission

2017/C 439/05

Euro exchange rates

8

2017/C 439/06

Commission Decision of 19 December 2017 on the appointment of certain members of the Scientific Council of the European Research Council

9

Court of Auditors

2017/C 439/07

Special Report No 23/2017 Single Resolution Board: Work on a challenging Banking Union task started, but still a long way to go

11

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| | V   Announcements |
| --- | --- |
| | OTHER ACTS |
| | European Commission |
| 2017/C 439/08 | Notice concerning a request pursuant to Article 35 of Directive 2014/25/EU — Request made by a Member State — Extension of the period for adoption of implementing acts | 12 |
| 2017/C 439/09 | Notice concerning a request pursuant to Article 35 of Directive 2014/25/EU — End of the suspension of the period for adoption of implementing acts | 13 |
| 2017/C 439/10 | Notice concerning a request pursuant to Article 35 of Directive 2014/25/EU — End of the suspension of the period for adoption of implementing acts | 14 |

V   Announcements

OTHER ACTS

European Commission

2017/C 439/08

Notice concerning a request pursuant to Article 35 of Directive 2014/25/EU — Request made by a Member State — Extension of the period for adoption of implementing acts

12

2017/C 439/09

Notice concerning a request pursuant to Article 35 of Directive 2014/25/EU — End of the suspension of the period for adoption of implementing acts

13

2017/C 439/10

Notice concerning a request pursuant to Article 35 of Directive 2014/25/EU — End of the suspension of the period for adoption of implementing acts

14

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| | |
| --- | --- |
| | (1)   Text with EEA relevance. |

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(1)   Text with EEA relevance.

1

| EN | |
| --- | --- |

EN

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I Resolutions, recommendations and opinions

RECOMMENDATIONS

Council

| 20.12.2017 | EN | Official Journal of the European Union | C 439/1 |
| --- | --- | --- | --- |

20.12.2017

EN

Official Journal of the European Union

C 439/1

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COUNCIL RECOMMENDATION

of 5 December 2017

with a view to correcting the significant observed deviation from the adjustment path toward the medium-term budgetary objective in Romania

(2017/C 439/01)

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article 121(4) thereof,

Having regard to Council Regulation (EC) No 1466/97 of 7 July 1997 on the strengthening of the surveillance of budgetary positions and the surveillance and coordination of economic policies (1), and in particular Article 10(2), second subparagraph, thereof,

Having regard to the recommendation of the European Commission,

Whereas:

| (1) | On 16 June 2017, the Council decided in accordance with Article 121(4) of the Treaty on the Functioning of the European Union (‘TFEU’) that a significant observed deviation from the adjustment path toward the medium-term budgetary objective existed in Romania and issued a recommendation for Romania to take the necessary measures to ensure that the nominal growth rate of net primary government expenditure (2) does not exceed 3,3 % in 2017, corresponding to an annual structural adjustment of 0,5 % of GDP (3). Romania was recommended to use any windfall gains for deficit reduction, while budgetary consolidation measures should ensure a lasting improvement in the general government structural balance in a growth-friendly manner. The Council established a deadline of 15 October 2017 for Romania to report on action taken in response to the Recommendation. |
| --- | --- |

(1)

On 16 June 2017, the Council decided in accordance with Article 121(4) of the Treaty on the Functioning of the European Union (‘TFEU’) that a significant observed deviation from the adjustment path toward the medium-term budgetary objective existed in Romania and issued a recommendation for Romania to take the necessary measures to ensure that the nominal growth rate of net primary government expenditure (2) does not exceed 3,3 % in 2017, corresponding to an annual structural adjustment of 0,5 % of GDP (3). Romania was recommended to use any windfall gains for deficit reduction, while budgetary consolidation measures should ensure a lasting improvement in the general government structural balance in a growth-friendly manner. The Council established a deadline of 15 October 2017 for Romania to report on action taken in response to the Recommendation.

| (2) | On 11 July 2017, the Council recommended that Romania ensure that, in 2017, it comply with the Council Recommendation (4) of 16 June 2017 with a view to correcting the significant deviation from the adjustment path toward the medium-term budgetary objective. For 2018, Romania was recommended to pursue a substantial fiscal effort in line with the requirements of the preventive arm of the Stability and Growth Pact, in order to further adjust towards its medium-term budgetary objective of a structural deficit of 1 % of GDP. According to the commonly agreed adjustment matrix under the Stability and Growth Pact, that adjustment translated into a requirement of a nominal growth rate of net primary government expenditure not exceeding 4,3 % in 2018. It would correspond to a structural adjustment of 0,5 % of GDP. |
| --- | --- |

(2)

On 11 July 2017, the Council recommended that Romania ensure that, in 2017, it comply with the Council Recommendation (4) of 16 June 2017 with a view to correcting the significant deviation from the adjustment path toward the medium-term budgetary objective. For 2018, Romania was recommended to pursue a substantial fiscal effort in line with the requirements of the preventive arm of the Stability and Growth Pact, in order to further adjust towards its medium-term budgetary objective of a structural deficit of 1 % of GDP. According to the commonly agreed adjustment matrix under the Stability and Growth Pact, that adjustment translated into a requirement of a nominal growth rate of net primary government expenditure not exceeding 4,3 % in 2018. It would correspond to a structural adjustment of 0,5 % of GDP.

| (3) | On 26 and 27 September 2017, the Commission undertook an enhanced surveillance mission in Romania for the purpose of on-site monitoring under –Article 11(2) of Regulation (EC) No 1466/97. The Commission reported its findings to the Council on 24 October 2017 and made them public, after having transmitted its provisional findings to the Romanian authorities. |
| --- | --- |

(3)

On 26 and 27 September 2017, the Commission undertook an enhanced surveillance mission in Romania for the purpose of on-site monitoring under –Article 11(2) of Regulation (EC) No 1466/97. The Commission reported its findings to the Council on 24 October 2017 and made them public, after having transmitted its provisional findings to the Romanian authorities.

| (4) | On 13 October 2017, the Romanian authorities submitted the report on effective action in response to the Council Recommendation of 16 June 2017. Given the information provided by the Romanian authorities in their report on action taken and the overall assessment based on the 2017 autumn forecast, the Council on 5 December 2017 (5) concluded that Romania has not taken effective action in response to the Council Recommendation of 16 June 2017. |
| --- | --- |

(4)

On 13 October 2017, the Romanian authorities submitted the report on effective action in response to the Council Recommendation of 16 June 2017. Given the information provided by the Romanian authorities in their report on action taken and the overall assessment based on the 2017 autumn forecast, the Council on 5 December 2017 (5) concluded that Romania has not taken effective action in response to the Council Recommendation of 16 June 2017.

| (5) | Romania is pursuing a pro-cyclical fiscal policy in the presence of high economic growth and a positive output gap. In 2017 the structural balance is estimated to be 2,3 % of GDP away from its medium-term budgetary objective. Therefore, and in light of the absence of effective action by Romania it is appropriate to address to that Member State a revised recommendation under Article 121(4) TFEU on the appropriate measures to be taken. |
| --- | --- |

(5)

Romania is pursuing a pro-cyclical fiscal policy in the presence of high economic growth and a positive output gap. In 2017 the structural balance is estimated to be 2,3 % of GDP away from its medium-term budgetary objective. Therefore, and in light of the absence of effective action by Romania it is appropriate to address to that Member State a revised recommendation under Article 121(4) TFEU on the appropriate measures to be taken.

| (6) | Based on the output gap projections of the Commission 2017 autumn forecast, Romania is in normal economic times in 2017 and 2018. Romania’s general government debt ratio is below the 60 %-of-GDP threshold. The minimum required structural effort prescribed by Regulation (EC) No 1466/97 and the commonly agreed adjustment matrix under the Stability and Growth Pact, which factors in the prevailing economic circumstances and possible sustainability concerns, amounts to 0,5 % of GDP. |
| --- | --- |

(6)

Based on the output gap projections of the Commission 2017 autumn forecast, Romania is in normal economic times in 2017 and 2018. Romania’s general government debt ratio is below the 60 %-of-GDP threshold. The minimum required structural effort prescribed by Regulation (EC) No 1466/97 and the commonly agreed adjustment matrix under the Stability and Growth Pact, which factors in the prevailing economic circumstances and possible sustainability concerns, amounts to 0,5 % of GDP.

| (7) | Romania’s structural deficit is projected by the Commission to increase by 1,1 % of GDP in 2017, while the Council Recommendation of 16 June 2017 asked for a structural decrease of at least 0,5 % of GDP. Additionally, Romania is projected to remain at the 3 % of GDP deficit reference value of the Treaty in 2017 and is forecast to breach it by a significant margin in 2018 based on the Commission autumn 2017 forecast. |
| --- | --- |

(7)

Romania’s structural deficit is projected by the Commission to increase by 1,1 % of GDP in 2017, while the Council Recommendation of 16 June 2017 asked for a structural decrease of at least 0,5 % of GDP. Additionally, Romania is projected to remain at the 3 % of GDP deficit reference value of the Treaty in 2017 and is forecast to breach it by a significant margin in 2018 based on the Commission autumn 2017 forecast.

| (8) | An additional effort necessary to bring Romania back on an appropriate adjustment path following the slippages in 2016 and 2017 should complement the adjustment of 0,5 % of GDP recommended by the Council on 11 July 2017. An additional effort of 0,3 % of GDP seems appropriate given the magnitude of the observed significant deviation from the recommended adjustment path towards the medium-term budgetary objective and it will accelerate adjustment back towards the medium-term budgetary objective. The required improvement of the structural balance by 0,8 % of GDP in 2018 is consistent with the nominal growth rate of net primary government expenditure not exceeding 3,3 % in 2018. |
| --- | --- |

(8)

An additional effort necessary to bring Romania back on an appropriate adjustment path following the slippages in 2016 and 2017 should complement the adjustment of 0,5 % of GDP recommended by the Council on 11 July 2017. An additional effort of 0,3 % of GDP seems appropriate given the magnitude of the observed significant deviation from the recommended adjustment path towards the medium-term budgetary objective and it will accelerate adjustment back towards the medium-term budgetary objective. The required improvement of the structural balance by 0,8 % of GDP in 2018 is consistent with the nominal growth rate of net primary government expenditure not exceeding 3,3 % in 2018.

| (9) | The Commission 2017 autumn forecast projects a further deterioration of the structural balance by 1 % in 2018. Therefore, a structural improvement of 0,8 % of GDP in 2018 translates into a need to adopt measures of a total structural yield of 1,8 % of GDP compared to the current 2018 baseline from the Commission 2017 autumn forecast. |
| --- | --- |

(9)

The Commission 2017 autumn forecast projects a further deterioration of the structural balance by 1 % in 2018. Therefore, a structural improvement of 0,8 % of GDP in 2018 translates into a need to adopt measures of a total structural yield of 1,8 % of GDP compared to the current 2018 baseline from the Commission 2017 autumn forecast.

| (10) | The Commission 2017 autumn forecast projects a general government deficit of 3,9 % of GDP in 2018, which is above the 3 %-of-GDP Treaty reference value. The required structural adjustment of 0,8 % of GDP compared to the projected outcome for 2017 would also ensure that Romania respects the 3 % of GDP general government deficit threshold in 2018 with a margin. |
| --- | --- |

(10)

The Commission 2017 autumn forecast projects a general government deficit of 3,9 % of GDP in 2018, which is above the 3 %-of-GDP Treaty reference value. The required structural adjustment of 0,8 % of GDP compared to the projected outcome for 2017 would also ensure that Romania respects the 3 % of GDP general government deficit threshold in 2018 with a margin.

| (11) | The requirements for 2018, issued in this recommendation, supersede the corresponding elements set out in the fiscal recommendation contained in the Council Recommendation addressed to Romania on 11 July 2017. |
| --- | --- |

(11)

The requirements for 2018, issued in this recommendation, supersede the corresponding elements set out in the fiscal recommendation contained in the Council Recommendation addressed to Romania on 11 July 2017.

| (12) | Romania should report to the Council on action taken in response to this Recommendation by 15 April 2018, possibly as part of its Convergence Programme submitted pursuant to Article 7 of Regulation (EC) No 1466/97. |
| --- | --- |

(12)

Romania should report to the Council on action taken in response to this Recommendation by 15 April 2018, possibly as part of its Convergence Programme submitted pursuant to Article 7 of Regulation (EC) No 1466/97.

| (13) | It is appropriate that this Recommendation be made public, |
| --- | --- |

(13)

It is appropriate that this Recommendation be made public,

HEREBY RECOMMENDS THAT ROMANIA:

| (1) | take the necessary measures to ensure that the nominal growth rate of net primary government expenditure does not exceed 3,3 % in 2018, corresponding to an annual structural adjustment of at least 0,8 % of GDP in 2018, thereby putting the Member State on an appropriate adjustment path toward the medium-term budgetary objective; |
| --- | --- |

(1)

take the necessary measures to ensure that the nominal growth rate of net primary government expenditure does not exceed 3,3 % in 2018, corresponding to an annual structural adjustment of at least 0,8 % of GDP in 2018, thereby putting the Member State on an appropriate adjustment path toward the medium-term budgetary objective;

| (2) | use any windfall gains for deficit reduction; budgetary consolidation measures should secure a lasting improvement in the general government structural balance in a growth-friendly manner; |
| --- | --- |

(2)

use any windfall gains for deficit reduction; budgetary consolidation measures should secure a lasting improvement in the general government structural balance in a growth-friendly manner;

| (3) | report to the Council by 15 April 2018 on action taken in response to this Recommendation. |
| --- | --- |

(3)

report to the Council by 15 April 2018 on action taken in response to this Recommendation.

This Recommendation is addressed to Romania.

Done at Brussels, 5 December 2017.

For the Council

The President

T. TÕNISTE

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(1)  OJ L 209, 2.8.1997, p. 1.

1

(2)  Net government expenditure is comprised of total government expenditure excluding interest expenditure, expenditure on Union programmes fully matched by Union funds revenue and non-discretionary changes in unemployment benefit expenditure. Nationally financed gross fixed capital formation is smoothed over a four-year period. Discretionary revenue measures or revenue increases mandated by law are factored in. One-off measures on both the revenue and expenditure sides are netted out.

2

(3)  Council Recommendation of 16 June 2017 with a view to correcting the significant observed deviation from the adjustment path toward the medium-term budgetary objective in Romania (OJ C 216, 6.7.2017, p. 1).

3

(4)  Council Recommendation of 11 July 2017 on the 2017 National Reform Programme of Romania and delivering a Council opinion on the 2017 Convergence Programme of Romania (OJ C 261, 9.8.2017, p. 98).

4

(5)  Council Decision (EU) 2017/2389 of 5 December 2017 establishing that no effective action has been taken by Romania in response to the Council Recommendation of 16 June 2017 (OJ L 340, 20.12.2017, p. 49).

5

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II Information

INFORMATION FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES

European Commission

| 20.12.2017 | EN | Official Journal of the European Union | C 439/4 |
| --- | --- | --- | --- |

20.12.2017

EN

Official Journal of the European Union

C 439/4

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Non-opposition to a notified concentration

(Case M.8679 — Blackstone/Banco Popular Real Estate Business)

(Text with EEA relevance)

(2017/C 439/02)

On 13 December 2017, the Commission decided not to oppose the above notified concentration and to declare it compatible with the internal market. This decision is based on Article 6(1)(b) of Council Regulation (EC) No 139/2004 (1). The full text of the decision is available only in English and will be made public after it is cleared of any business secrets it may contain. It will be available:

| — | in the merger section of the Competition website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes, |
| --- | --- |

—

in the merger section of the Competition website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes,

| — | in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/homepage.html?locale=en) under document number 32017M8679. EUR-Lex is the online access to European law. |
| --- | --- |

—

in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/homepage.html?locale=en) under document number 32017M8679. EUR-Lex is the online access to European law.

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(1)  OJ L 24, 29.1.2004, p. 1.

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IV Notices

NOTICES FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES

Council

| 20.12.2017 | EN | Official Journal of the European Union | C 439/5 |
| --- | --- | --- | --- |

20.12.2017

EN

Official Journal of the European Union

C 439/5

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COUNCIL DECISION

of 18 December 2017

appointing three members of the European Statistical Governance Advisory Board

(2017/C 439/03)

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Decision No 235/2008/EC of the European Parliament and of the Council of 11 March 2008 establishing the European Statistical Governance Advisory Board (1), and in particular Article 3 thereof,

Having regard to the opinion of the European Commission,

Whereas:

| (1) | On 17 February 2015, the Council adopted Decision 2015/C 70/03 (2) appointing three members of the European Statistical Governance Advisory Board (‘the Board’) for a period of 3 years from 1 February 2015. |
| --- | --- |

(1)

On 17 February 2015, the Council adopted Decision 2015/C 70/03 (2) appointing three members of the European Statistical Governance Advisory Board (‘the Board’) for a period of 3 years from 1 February 2015.

| (2) | It is therefore necessary to appoint 3 new members to take office upon expiry of those terms of office. |
| --- | --- |

(2)

It is therefore necessary to appoint 3 new members to take office upon expiry of those terms of office.

| (3) | According to Article 3(2) of Decision No 235/2008/EC, the members of the Board are to be selected from among experts possessing outstanding competence in the field of statistics, |
| --- | --- |

(3)

According to Article 3(2) of Decision No 235/2008/EC, the members of the Board are to be selected from among experts possessing outstanding competence in the field of statistics,

HAS ADOPTED THIS DECISION:

Article 1

The following persons are hereby appointed as the members representing the Council in the European Statistical Governance Advisory Board for a period of 3 years from 1 February 2018:

| — | Mr Bart DE MOOR, |
| --- | --- |

—

Mr Bart DE MOOR,

| — | Mr Jaume GARCIA, |
| --- | --- |

—

Mr Jaume GARCIA,

| — | Mr Algirdas ŠEMETA. |
| --- | --- |

—

Mr Algirdas ŠEMETA.

Article 2

This Decision shall enter into force on the third day following that of its publication in the Official Journal of the European Union.

Done at Brussels, 18 December 2017.

For the Council

The President

K. SIMSON

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(1)  OJ L 73, 15.3.2008, p. 17.

1

(2)  Council Decision of 17 February 2015 appointing three members of the European Statistical Governance Advisory Board (OJ C 70, 27.2.2015, p. 2.).

2

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| 20.12.2017 | EN | Official Journal of the European Union | C 439/7 |
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20.12.2017

EN

Official Journal of the European Union

C 439/7

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COUNCIL DECISION

of 18 December 2017

appointing the Chairperson of the European Statistical Governance Advisory Board

(2017/C 439/04)

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Decision No 235/2008/EC of the European Parliament and of the Council of 11 March 2008 establishing the European Statistical Governance Advisory Board (1), and in particular Article 3 thereof,

Having regard to the opinion of the European Commission,

Having regard to the approval of the European Parliament,

Whereas:

| (1) | On 17 February 2015, the Council adopted Decision 2015/C 70/04 (2) appointing Mr Martti HETEMÄKI as the Chairperson of the European Statistical Governance Advisory Board for a period of 3 years from 1 February 2015. |
| --- | --- |

(1)

On 17 February 2015, the Council adopted Decision 2015/C 70/04 (2) appointing Mr Martti HETEMÄKI as the Chairperson of the European Statistical Governance Advisory Board for a period of 3 years from 1 February 2015.

| (2) | It is therefore necessary to appoint a new Chairperson to take office upon expiry of that term of office. |
| --- | --- |

(2)

It is therefore necessary to appoint a new Chairperson to take office upon expiry of that term of office.

| (3) | According to Article 3(3) of Decision No 235/2008/EC, the Chairperson is not to be a current member of either a National Statistical Office or the Commission, |
| --- | --- |

(3)

According to Article 3(3) of Decision No 235/2008/EC, the Chairperson is not to be a current member of either a National Statistical Office or the Commission,

HAS ADOPTED THIS DECISION:

Article 1

Mr Enrico GIOVANNINI is hereby appointed as the Chairperson of the European Statistical Governance Advisory Board for a period of 3 years from 1 February 2018.

Article 2

This Decision shall enter into force on the third day following that of its publication in the Official Journal of the European Union.

Done at Brussels, 18 December 2017.

For the Council

The President

K. SIMSON

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(1)  OJ L 73, 15.3.2008, p. 17.

1

(2)  Council Decision of 17 February 2015 appointing the Chairperson of the European Statistical Governance Advisory Board (OJ C 70, 27.2.2015, p. 4).

2

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European Commission

| 20.12.2017 | EN | Official Journal of the European Union | C 439/8 |
| --- | --- | --- | --- |

20.12.2017

EN

Official Journal of the European Union

C 439/8

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Euro exchange rates (1)

19 December 2017

(2017/C 439/05)

1 euro =

| | Currency | Exchange rate |
| --- | --- | --- |
| USD | US dollar | 1,1823 |
| JPY | Japanese yen | 133,23 |
| DKK | Danish krone | 7,4435 |
| GBP | Pound sterling | 0,88500 |
| SEK | Swedish krona | 9,9508 |
| CHF | Swiss franc | 1,1643 |
| ISK | Iceland króna | |
| NOK | Norwegian krone | 9,8875 |
| BGN | Bulgarian lev | 1,9558 |
| CZK | Czech koruna | 25,662 |
| HUF | Hungarian forint | 313,10 |
| PLN | Polish zloty | 4,1993 |
| RON | Romanian leu | 4,6198 |
| TRY | Turkish lira | 4,5294 |
| AUD | Australian dollar | 1,5406 |
| CAD | Canadian dollar | 1,5207 |
| HKD | Hong Kong dollar | 9,2446 |
| NZD | New Zealand dollar | 1,6866 |
| SGD | Singapore dollar | 1,5920 |
| KRW | South Korean won | 1 281,28 |
| ZAR | South African rand | 15,0558 |
| CNY | Chinese yuan renminbi | 7,8068 |
| HRK | Croatian kuna | 7,5450 |
| IDR | Indonesian rupiah | 16 057,76 |
| MYR | Malaysian ringgit | 4,8250 |
| PHP | Philippine peso | 59,409 |
| RUB | Russian rouble | 69,3065 |
| THB | Thai baht | 38,655 |
| BRL | Brazilian real | 3,8862 |
| MXN | Mexican peso | 22,5125 |
| INR | Indian rupee | 75,7025 |

Currency

Exchange rate

USD

US dollar

1,1823

JPY

Japanese yen

133,23

DKK

Danish krone

7,4435

GBP

Pound sterling

0,88500

SEK

Swedish krona

9,9508

CHF

Swiss franc

1,1643

ISK

Iceland króna

NOK

Norwegian krone

9,8875

BGN

Bulgarian lev

1,9558

CZK

Czech koruna

25,662

HUF

Hungarian forint

313,10

PLN

Polish zloty

4,1993

RON

Romanian leu

4,6198

TRY

Turkish lira

4,5294

AUD

Australian dollar

1,5406

CAD

Canadian dollar

1,5207

HKD

Hong Kong dollar

9,2446

NZD

New Zealand dollar

1,6866

SGD

Singapore dollar

1,5920

KRW

South Korean won

1 281,28

ZAR

South African rand

15,0558

CNY

Chinese yuan renminbi

7,8068

HRK

Croatian kuna

7,5450

IDR

Indonesian rupiah

16 057,76

MYR

Malaysian ringgit

4,8250

PHP

Philippine peso

59,409

RUB

Russian rouble

69,3065

THB

Thai baht

38,655

BRL

Brazilian real

3,8862

MXN

Mexican peso

22,5125

INR

Indian rupee

75,7025

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(1)  Source: reference exchange rate published by the ECB.

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| 20.12.2017 | EN | Official Journal of the European Union | C 439/9 |
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20.12.2017

EN

Official Journal of the European Union

C 439/9

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COMMISSION DECISION

of 19 December 2017

on the appointment of certain members of the Scientific Council of the European Research Council

(2017/C 439/06)

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Council Decision 2013/743/EU of 3 December 2013 establishing the specific programme implementing Horizon 2020 – the Framework Programme for Research and Innovation (2014-2020) and repealing Decisions 2006/971/EC, 2006/972/EC, 2006/973/EC, 2006/974/EC and 2006/975/EC (1), and in particular Article 7(1) thereof,

Whereas:

| (1) | By Commission Decision C(2013)8915 (2) the Commission established the European Research Council (ERC) for the period from 1 January 2014 to 31 December 2020 as the means of implementing the actions under Part I ‘Excellent science’ which relate to the specific objective ‘The European Research Council (ERC)’, referred to in point (a) of Article 3(1) of Decision 2013/743/EU. |
| --- | --- |

(1)

By Commission Decision C(2013)8915 (2) the Commission established the European Research Council (ERC) for the period from 1 January 2014 to 31 December 2020 as the means of implementing the actions under Part I ‘Excellent science’ which relate to the specific objective ‘The European Research Council (ERC)’, referred to in point (a) of Article 3(1) of Decision 2013/743/EU.

| (2) | The ERC is composed of the independent Scientific Council and a dedicated implementation structure. |
| --- | --- |

(2)

The ERC is composed of the independent Scientific Council and a dedicated implementation structure.

| (3) | The members of the Scientific Council are appointed for a term of up to four years, renewable once. |
| --- | --- |

(3)

The members of the Scientific Council are appointed for a term of up to four years, renewable once.

| (4) | The first term of office of three members of the Scientific Council will end on 31 December 2017. The standing committee for the identification of the future members of the Scientific Council made recommendations to the Commission for the renewal of the mandates of those three members of the Scientific Council. In order to ensure the continuity of the work of the Scientific Council, their mandate should therefore be renewed, |
| --- | --- |

(4)

The first term of office of three members of the Scientific Council will end on 31 December 2017. The standing committee for the identification of the future members of the Scientific Council made recommendations to the Commission for the renewal of the mandates of those three members of the Scientific Council. In order to ensure the continuity of the work of the Scientific Council, their mandate should therefore be renewed,

HAS DECIDED AS FOLLOWS:

Article 1

Professor Martin STOKHOF is appointed member of the ERC Scientific Council for a second mandate ending 31 December 2019.

Professor Nils STENSETH is appointed member of the ERC Scientific Council for a second mandate ending 31 December 2019.

Professor Michel WIEVIORKA is appointed member of the ERC Scientific Council for a second mandate ending 31 December 2019.

Article 2

The members of the ERC Scientific Council shall be as set out in the Annex.

Article 3

This Decision shall enter into force on 1 January 2018.

Done at Brussels, 19 December 2017.

For the Commission

Carlos MOEDAS

Member of the Commission

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(1)  OJ L 347, 20.12.2013, p. 965.

1

(2)  Commission Decision C(2013) 8915 of 12 December 2013 establishing the European Research Council (OJ C 373, 20.12.2013, p. 23).

2

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ANNEX

Members of the ERC Scientific Council

| Name and Institute | End of term of office |
| --- | --- |
| Klaus BOCK, Danish National Research Foundation | 31 December 2018 |
| Paola BOVOLENTA, Universidad Autónoma de Madrid | 31 December 2020 |
| Margaret BUCKINGHAM, Pasteur Institute, Paris | 30 June 2019 |
| Christopher CLARK, University of Cambridge | 31 December 2019 |
| Eveline CRONE, Leiden University | 31 December 2020 |
| Athene DONALD, University of Cambridge | 31 December 2018 |
| Andrzej JAJSZCZYK, AGH University of Science and Technology, Krakow | 31 December 2020 |
| Tomáš JUNGWIRTH, Academy of Sciences of the Czech Republic | 31 December 2018 |
| Eva KONDOROSI, Hungarian Academy of Sciences | 31 December 2018 |
| Michael KRAMER, Max Planck Institute for Radio Astronomy, Bonn | 30 June 2019 |
| Kurt MEHLHORN, Max-Planck Institute for Informatics, Saarbrücken | 30 June 2020 |
| Barbara ROMANOWICZ, Berkeley Seismological Laboratory | 31 December 2019 |
| Nils Christian STENSETH, University of Oslo | 31 December 2019 |
| Martin STOKHOF, University of Amsterdam | 31 December 2019 |
| Giulio SUPERTI-FURGA, Research Centre for Molecular Medicine of the Austrian Academy of Sciences | 31 December 2020 |
| Nektarios TAVERNARAKIS, Institute of Molecular Biology and Biotechnology, Foundation for Research and Technology — Hellas | 30 June 2020 |
| Janet THORNTON, European Bioinformatics Institute (EMBL-EBI) European Molecular Biology Laboratory | 31 December 2018 |
| Isabelle VERNOS, Institució Catalana de Recerca i Estudis Avançats, Barcelona | 30 June 2019 |
| Reinhilde VEUGELERS, Catholic University of Leuven | 31 December 2018 |
| Michel WIEVIORKA, Centre for Sociological Analysis and Intervention, Paris | 31 December 2019 |
| Fabio ZWIRNER, University of Padova | 31 December 2018 |

Name and Institute

End of term of office

Klaus BOCK, Danish National Research Foundation

31 December 2018

Paola BOVOLENTA, Universidad Autónoma de Madrid

31 December 2020

Margaret BUCKINGHAM, Pasteur Institute, Paris

30 June 2019

Christopher CLARK, University of Cambridge

31 December 2019

Eveline CRONE, Leiden University

31 December 2020

Athene DONALD, University of Cambridge

31 December 2018

Andrzej JAJSZCZYK, AGH University of Science and Technology, Krakow

31 December 2020

Tomáš JUNGWIRTH, Academy of Sciences of the Czech Republic

31 December 2018

Eva KONDOROSI, Hungarian Academy of Sciences

31 December 2018

Michael KRAMER, Max Planck Institute for Radio Astronomy, Bonn

30 June 2019

Kurt MEHLHORN, Max-Planck Institute for Informatics, Saarbrücken

30 June 2020

Barbara ROMANOWICZ, Berkeley Seismological Laboratory

31 December 2019

Nils Christian STENSETH, University of Oslo

31 December 2019

Martin STOKHOF, University of Amsterdam

31 December 2019

Giulio SUPERTI-FURGA, Research Centre for Molecular Medicine of the Austrian Academy of Sciences

31 December 2020

Nektarios TAVERNARAKIS, Institute of Molecular Biology and Biotechnology, Foundation for Research and Technology — Hellas

30 June 2020

Janet THORNTON, European Bioinformatics Institute (EMBL-EBI) European Molecular Biology Laboratory

31 December 2018

Isabelle VERNOS, Institució Catalana de Recerca i Estudis Avançats, Barcelona

30 June 2019

Reinhilde VEUGELERS, Catholic University of Leuven

31 December 2018

Michel WIEVIORKA, Centre for Sociological Analysis and Intervention, Paris

31 December 2019

Fabio ZWIRNER, University of Padova

31 December 2018

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Court of Auditors

| 20.12.2017 | EN | Official Journal of the European Union | C 439/11 |
| --- | --- | --- | --- |

20.12.2017

EN

Official Journal of the European Union

C 439/11

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Special Report No 23/2017

‘Single Resolution Board: Work on a challenging Banking Union task started, but still a long way to go’

(2017/C 439/07)

The European Court of Auditors hereby informs you that Special Report No 23/2017 ‘Single Resolution Board: Work on a challenging Banking Union task started, but still a long way to go’ has just been published.

The report can be accessed for consultation or downloading on the European Court of Auditors' website: http://eca.europa.eu

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V Announcements

OTHER ACTS

European Commission

| 20.12.2017 | EN | Official Journal of the European Union | C 439/12 |
| --- | --- | --- | --- |

20.12.2017

EN

Official Journal of the European Union

C 439/12

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Notice concerning a request pursuant to Article 35 of Directive 2014/25/EU

Request made by a Member State — Extension of the period for adoption of implementing acts

(2017/C 439/08)

On 2 November 2016 the Commission received a request in accordance with Article 35 of Directive 2014/25/EU of the European Parliament and of the Council (1).

This request, from the Czech Republic, concerns certain activities in the market for retail of electricity and gas in the Czech Republic.

The relevant notice was published on page 10 of OJ C 23 on 24 January 2017. Two prolongation notices were published on page 10 of OJ C 167 on 25 May 2017 and on page 4 of OJ C 276 on 19 August 2017. A suspension notice was published on page 18 of OJ C 396 of 23 November 2017.

Pursuant to the fourth subparagraph of paragraph 1 to Annex IV of Directive 2014/25/EU, the deadline may be extended by the Commission with the agreement of those having made the request for exemption concerned. Given the request by the Applicant for additional time in order to provide additional information to substantiate the case and with the agreement of Commission, the period available to the Commission for deciding on this request is hereby extended until 31 March 2018.

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(1)  Directive 2014/25/EU of the European Parliament and of the Council of 26 February 2014 on procurement by entities operating in the water, energy, transport and postal services sectors and repealing Directive 2004/17/EC (OJ L 94, 28.3.2014, p. 243).

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| 20.12.2017 | EN | Official Journal of the European Union | C 439/13 |
| --- | --- | --- | --- |

20.12.2017

EN

Official Journal of the European Union

C 439/13

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Notice concerning a request pursuant to Article 35 of Directive 2014/25/EU

End of the suspension of the period for adoption of implementing acts

(2017/C 439/09)

On 30 January 2017 the Commission received a request pursuant to Article 35 of Directive 2014/25/EU of the European Parliament and of the Council of 26 February 2014 on procurement by entities operating in the water, energy, transport and postal services sectors and repealing Directive 2004/17/EC (1).

This request, made by Eneco BV, NV Nuon Energy and DONG Energy A/S, concerns production and wholesale of electricity in the Netherlands. The relevant notice was published on page 7 of OJ C 85 of 18 March 2017. The initial deadline was 6 July 2017.

On 24 March 2017 the Commission asked the Dutch Authorities to provide additional information by 19 April 2017 at the latest. As announced in the notice that was published on page 25 of OJ C 212 of 1 July 2017, the final deadline was prolonged by 53 working days after the receipt of the complete and correct information. Complete and correct information was received on 25 September 2017.

The final deadline therefore expires on 12 December 2017.

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(1)  OJ L 94, 28.3.2014, p. 243.

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| 20.12.2017 | EN | Official Journal of the European Union | C 439/14 |
| --- | --- | --- | --- |

20.12.2017

EN

Official Journal of the European Union

C 439/14

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Notice concerning a request pursuant to Article 35 of Directive 2014/25/EU

End of the suspension of the period for adoption of implementing acts

(2017/C 439/10)

On 30 January 2017 the Commission received a request pursuant to Article 35 of Directive 2014/25/EU of the European Parliament and of the Council of 26 February 2014 on procurement by entities operating in the water, energy, transport and postal services sectors and repealing Directive 2004/17/EC (1).

This request, made by Eneco BV and NV Nuon Energy, concerns retail of electricity and gas in the Netherlands. The relevant notice was published on page 6 of OJ C 85 of 18 March 2017. The initial deadline was 6 July 2017.

On 24 March 2017 the Commission asked the Dutch Authorities to provide additional information by 19 April 2017 at the latest. As announced in the notice that was published on page 24 of OJ C 212 of 1 July 2017, the final deadline was prolonged by 53 working days after the receipt of the complete and correct information. Complete and correct information was received on 25 September 2017.

The final deadline therefore expires on 12 December 2017.

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(1)  OJ L 94, 28.3.2014, p. 243.

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