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COM (84) 640 
 
 
 
Vol. 1984/0 239 
  
 
Disclaimer  
Conformém ent au règlement (CEE, Euratom) n° 354/83 du Conseil du 1er février 1983 
concernant l'ouverture au public des archives historiques de la Communauté économique 
européenne et de la Communauté européenne de l'énergie atomique (JO L 43 du 15.2.1983, 
p. 1), tel que modifié par le règlement (CE, Euratom) n° 1700/2003 du 22 septembre 2003 
(JO L 243 du 27.9.2003, p. 1), ce dossier est ouvert au public. Le cas échéant, les documents 
classifiés présents dans ce dossier ont été déclassifiés conformément à l'article 5 dudit 
règlem ent. 
In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983 
concerning the openi ng to the public of the historical archives of the European Econom ic 
Community and the European Atomic Energy Communit y (OJ L 43, 15.2.1983, p. 1), as 
amended by Regulation (EC, Euratom) No 1700/2003 of 22 September 2003 (OJ L 243, 
27.9.2003, p. 1), this f ile is open to the public. Where necessary, classified documents in this 
file have been declassified in conformity with Article 5 of the aforementioned regulation.  
In Übereinstimmung mit der Verordnung (EWG, Euratom) Nr. 354/83 des Rates vom  1. 
Februar 198 3 über die Freigabe der historischen Archive der Europäischen  
Wirtschaftsgemeinschaft und der Europäischen Atomgem einschaft (ABI. L 43 vom  15.2.1983,  
S. 1), geändert durch die Verordnung (EG, Euratom) Nr. 1700/2003 vom 22. Septem ber 2003  
(ABI. L 243 vom 27 .9.2003, S. 1), ist diese Datei der Öffentlichkeit zugänglich. Soweit  
erforderlich, wurden die Verschlusssachen in dieser Datei in Übereinstimmung mit Artikel 5  
der genannten Verordnung freigegeben.  
COMMISSION  
OF THE
EUROPEAN COMMUNITIES
General SecretariatCOM(84) 640 final  
Brussels, 20 November 1984
FOR OFFICIAL U SE ONLY
Communication from the Commission to the Council
Request for assent, pursuant to Article 56 2a) of the ECSC Treaty  
to the granting of a global loan to Commerzbank, Düsseldorf,  
Federal Republic of Germany
COM(84) 640 final

F O R  OFFICIAL U S E  O N L Y
Communication to the Council
i n j e c t  : Request fo r assent, pursuant to A rtic le  56 2a) of the E C S C  Treaty
to the granting of a  global loan to Commerzbank, Düsseldorf, 
Federal Republic o f Germany.
I .  FINANCIAL INTERMEDIARY
No.413
Applicant: Commerzbank A G
Registered O ffice: Düsseldorf
Shareholders’ Public lim ited l i a b i l i t y  company; the shares are 
widely dispersed.
I I .  RECIPIENTSSmall and medium-sized firm s, to expand 
e xisting  and/or create new a c tiv itie s .
Field of A c tiv ity  of 
recipients Industry and services sector.
I  address: Rue de la Loi 200, B-1040 Brussels -  Telephone 35 0040-35 80 40 -  Telegraphic address: -COMEUR Bros
Telex: «COMEURBRU 2 1  8 7 7 *

-  2 -
III. THE PROJECT
Procedure :  The Commission will make DM 50 million (some 22.36 MioECU)
available to the Commerzbank. The loan will be paid out  
in tranches over a three-year period on the basis of  
sub-loans authorized. The sub-loans will be approved by  
the Commission in accordance with the application criteria  
and objectives which it has published (0J C 191, 16 July  
1983, p. 3).
The Commerzbank will inform the Commission every year  
of the use made of the global loan. The bank will also  
provide information every year on the total number of  
jobs created and in fact occupied and on the re­
employment of former ECSC workers by the borrowers.
Total amount of  
investment :  at least DM 100 million (+ 45 MioECU)
IV. THE REGION
Project location ;  ECSC employment areas (1)
Unemployment rate :  Ruhr area 14.3%
North Rhine-Wes tphal ia 10.7%
(Federal Republic as a whole, 9.1% in March 1984).
National aid status of
project area :  Regional aid areas.
The ECSC industry has been and still is a major employer in the area.
1) Outside the ECSC employment areas, the strict social clause is applicable  
(second sentence of paragrph 14 of the application criteria, 0J C 191,
16 July, 1983).

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V.CONFORMITY WITH ARTICLE 56 2a) OF THE ECSC TREATY
ECSC redundancies in  
project area :  The continuing adjustment process will result  
in a large number of further redundancies over  
the next few years. In 1984 and 1985, some 20 000  
ECSC jobs wilt be lost in the Ruhr area.
Jobs to be created  
by the projectAssuming that all the jobs will be created in a  
:  priority ECSC employment area, some 1  675 economically  
viable jobs will be concerned.
TrainingWhere necessary, by public tra in in g  in s titu tio n s  and 
the loan re cip ie nts.
The Commission considers that the application complies with Article 56 2a)  
of the ECSC Treaty.
VI. GLOBAL LOAN
Job basis of interest rebate :  1  118 jobs
VII. COUNCIL ASSENT
The Commission requests the Council to give its assent to the foregoing  
decision
(1) In accordance with application criteria (OJ C 191, 16 July 1983)Loan applied for DM 50 million
Loan to be granted The Commission has approved a loan of  
DM 50 million (about 22.36 MioECU) or  
equivalent to the above mentioned institution  
(1)
Interest rebate 5 percentage points per year for five years  
on 22.36 MioECU