ARCHIVES HISTORIQUES 
DE LA COMMISSION 
 
 
 
COLLECTION RELIEE DES 
DOCUMENTS "COM" 
 
 
 
 
COM (84) 595 
 
 
 
Vol. 1984/0229 
  
 
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 opening to the public of the historical archives of the European Econom ic 
Communit y and the European Atom ic 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), t his file 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. 
Februa r 1983 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 v om 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 SecretariatCO M ( 8 4 )  5 9 5  f i n a l  
Brussels, 3 0  O c t o b e r  1 9 8 4  
FOR OFFICIAL USE ONLY
C O M M U N IC A T IO N  FROM T H E  C O M M IS S IO N  TO  T H E  C O U N C IL
R e q u e s t  t o r  C o u n c i l  a s s e n t  u n d e r  A r t i c l e  5 4 ,  s e c o n d  p a r a g r a p h ,  o f  
t h e  ECSC T r e a t y  t o  t h e  g r a n t i n g  o f  a  g l o b a l  l o a n  t o  B a n q u e  B r u x e l l e s  
L a m b e r t  S . A .
C 0 M ( 8 4 )  5 9 5  f i n a l

C O M M U N IC A T IO N  FROM T H E  C O M M IS S IO N  TO  T H E  C O U N C IL
Subject :  Request for Council assent under Article 54, second paragraph,  
of the ECSC Treaty to the granting of a global loan to  
Banque Bruxelles Lambert S.A.
I.  Company
Applicant :  Banque Bruxelles Lambert S.A. (BBL), Bruxelles  
Share capital :  Bf 12,100.- million (as at 31.12.1983)
Shareholders :  1. GBL (Groupe Bruxelles Lambert) 10.0%
2. Assurances Winterthur 5.0%
3. Fonds de Pension de la Marine
Britannique 5.0%
4. Assurances Generales de Belgique 2.5%
5. Royale Belge des Assurances 2.5%
The majority of the shares are widely spread.
Activities :  Banking, insurance, real estate, travel agencies  
Nr of employees :  11.727 in 985 branches.
Recipients :  Businesses implementing investment projects to promote  
the consumption of Community coal.
II. Procedure
The Commission will grant BBL a global loan of Fb 1,500 million. It will 
be disbursed over a maximum period of 3 years in a number of instalments to 
be determined by the Directorate General for Credit and Investments in the 
light of the characteristics of the borrowing resources utilized.

-  2 -
Under the terms of this global loan, BBL will co-finance investment  
which helps to promote the use of Community coal. ^
BBL will submit annual reports to the Commission on the status of the  
projects financed and on whether the final beneficiaries are meeting  
their commitments with respect to the use of Community coal.
Ill.  Compliance with Article 54, second paragraph, of the ECSC Treaty
The Member States of the European Communities have set themselves the  
goal of reducing their dependence on oil imports. This change in energy  
utilization patterns requires greater and more varied use of coal, as  
was stressed, particularly, in the communiqué issued after the  
European Council meeting of 27 and 28 April 1980 in Luxembourg and the  
Venice Summit of 22 and 23 June 1980.
The importance of coal in helping to restructure energy demand was also  
underlined by the ECSC Consultative Committee and the European Parliament  
in their opinions on the communication from the Commission to the Council  
on the role of coal in the Community's energy strategy. The prime sectors  
mentioned for reconversion to coal included various industrial sectors  
and district heating systems.
The global loan to BBL will facilitate the implementation of investments  
which are in line with the broad aims of Community energy policy and at  
the same time open up new outlets for Community coal. The Commission has 
therefore concluded that the application is consonant with Article 54,  
second paragraph, of the ECSC Treaty.
IV.  Global loan
Loan requested: -  Fb .  1,500 million
Loan granted: The Commission has approved, in principle, a loan of
Fb 1,5 mrd (32,9 million ECU) or its equivalent to the  
above-mentioned company on the basis that this project  
is consonant with the aims set out in Article 54, second  
paragraph,  of the ECSC Treaty.

- 3 -
Observations:  The loan being applied for will be the first global
loan to be granted to BBL under Article 54, second paragraph.  
BBL has already been granted a global loan of Fb 1,000 million 
under Article 56 of the ECSC Treaty by decision of the  
Commission dated 7.9.1983 and agreement of the
Council on 17.10.1983.
V Council Assent
Pursuant to Article 54, second paragraph, of the ECSC Treaty the Commission
the assent of the Council to the granting of a global loan of  i 1  b 1,500 million to BBL, Bruxelles.