ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(80)601
Vol.1980/0191

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COMMISSION
OFTHE
EUROPEAN COMMUNITIES
GeneralSecretariatCOM(80)601 final
Brussels,21stOctober1980
FOROFFICIALUSEONLY
REQUESTFORASSENT,PURSUANT TOART.56.2.a)OFTHE
ECSCTREATYTOGRANTING AGLOBALLOANTO-
"NATIONALE INVESTERINGSBANK "THENETHERLANDS
(Communication fromtheCommission totheCouncil)
C0M(80)601final

COMMISSION
OFTHE
EUROPEAN COMMUNITIES
INTERNAL DOCUMENT
Communication totheCouncil
Subject:Requestforassent,pursuanttoArt.56.2.a)oftheECSCTreaty
togranting aglobal loantoNationaleInvesteringsbank,
TheNetherlands .
I.THEINTERMEDIARY FINANCIAL INSTITUTIONNo.303
Applicant NationaleInvesteringsbank
Registered Office TheHague
ParentCompanyof
applicant:TheStateandtheprincipalprivatebanks
II.BENEFICIARY Smallandmediumsizeconcernscreating
newactivities .
Fieldofactivityof
beneficiaryIndustrial andserviceactivities .
deloLo»200,0-1010sel^-1cpf.-.i•:3500*(ì-ih40-Tologroji^ì <" :COME •'*far.«
Teie*-COMF-JPlîPiJ ?'fJ/7

-a-
III.THEPROJECT
Procédure
TheCommissionwillmakeFL20millionavailabletotheN.I.B,.Themoney
willbepaidininstalmentswithinthreeyearsmaximuminconformitywith
subsidiaryloansissuedionbehalf^ofneweligibleactivities .
ThesubsidiaryloansmaybeissuedeitherbytheN.I.B.itselforbyprivate
banks;AMRO,ABN,RABO,NMBorotherstowhomtheN.I.B.willsupplythe
necessarymeans.TheLIOFwillprovidethechannelfororganising loan
promotion.
tEachprojectwillbesubmittedtotheCommissionforpriorapprovalin
accordancewiththecriteriaandaimspublishedinO.J.No.C178/2of
27July1977andO.J.No.C82/8of29March1979.
TheN.I.B.willreporttotheCommissioneverysixmonthsontheimplementing
ofthegloballoanandannuallyonthere-employmerit offormerECSCworkers
innewactivities inreceiptofsubsidiaryloans.
Globalamountofinvestment MinimumFL40million(+14.6MEUA)
IV.THEREGION
Projectlocation
Unemployment rate
NationalaidstatusofprojectareaHerstruktureringsgebied ofthe
DutchLimburg.
Morethan10%
Priorityaidarea
V.TheECSChasbeenamainsource.ofemploymentinthearea.
CONFORMITY WITHARTICLE562.a)'0FTHEECSCTREATY
ECSCworkersredundantorlikely
tobecomeredundant
Jobcreationofproject
TrainingMenoutofwork
D.S.M.redundancies825
2,000
Annualreturnofcommutersjh1,000workinginGermany
Ofthese3,000workersasubstantial
numbershouldbeconsidered asformer
coalminers.
365minimum
Vocationaltrainingplannedaccording
toexistinglegislation .
TheCommissionconsidersthattherequestcomplieswithArt.562.a)
oftheECSCTreaty.

VI.GLOBALLOAN
Loanrequested
LoangrantedFL20miLLion
TheCommission hasapproved aLoan
ofFL20million (about7.3MEUA)
orequivalent toNationaleInvesterings-
bank,inaccordance withArt.56operating
policies (O.J.No.C82/8of29March1979),
Numberofjobsonwhichthe
interestrebateisbased 365
VII.COUNCIL AGREEMENT
TheCommissioninvitestheCounciltogiveitsassenttotheforegoing décision .