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COM ( 84) 766 
 
 
 
Vol. 1984/0270 
  
 
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
EURO PEAN COM MUNITIES
G eneral SecretariatCOM(84) 766 final
B ru s s e ls , 21 December 1984
for official  u s e only
C O M M U N IC A TIO N  F R O M  T H E  C O M M IS S IO N  T O  T H E  C O U N C IL
Request for Council assent under Article 54, second paragraph,  
of the ECSC Treaty to the granting of a global loan to  
Westfalenbank AG, Bochum
COM (84) 766 final

Fog official use paly
Note to■ ' ‘ ''XV - it’jT-W:.--y  ;  -■■■'; '
r Council
Subject* fiequest for.Council assent under Article 54* ‘ second paragraph,
* -/..Of the ECSfi Treaty to the granting of;  a global ■•loa'tj: to
Westfalenbaidi AG, Bochum > y'■
V '- '-  - . . .  .V - Y  ' '■ .-V-
' *" '*·'■ „  ,'.·■** ■'  .  ' . · '/'i
1.' Company .· /'
Applicant: ; Westfalenbank AG» Bochum (  -
:  Westfalenbankis a ’ regipj^l conroerciaL bank in the Federal Republic
of Germany^ incorporated, as a limited company. The majority (99 %)
•  / b£ the share capital of D U -75 million is held hÿy^yeriscteyjRypotheken->
,und Wechseltrank AQ* Munich. Westfalenbank is ah all-purpose-bank, with  
.- its head office- in Bochum and'branch in Düsseldorf. It has a staff  
'  i-:"/T-of 440 (end :  of 1983:)..''·  '  '  ’  “V -  '  '
Recipients· : ’ l - ·  ,y~ Businèsses inçlen^ntinj& iinrestment ,  projects to projeté the  
:. T  · .  consumption i> £ . Community coal. .
II. Procedure · '  .  i:i'.-..f·. ■
•>;i -  The Commission will grant Westfalenbank a global loan of DM 20 million.
It will Be disbursed over a maximum, period of '3 .years' in a number of  
ins talmente*'to be determined byv the Directorate General for Credit and  
Investments , in the lightof the-1  characteristics of theborrowing resources
utilized. · ·  .  ƒ .- yVy ·  ‘y,. y y y 7 ;;'·5'... ·, '  ■  ‘ s· ' '  y"-':  '  :
:  Under the terms of. .this global lóanV K®stv falenbank will co-finance  
.y investment «  which helps fcp promote the use of Community coal; .
Westfalenbank will submit annual reports to ;the- Commission òn thè · .
.  status of the projects financed and'on whether the final beneficiaries  
■ v.. are meeting. their conmitments'with respect' to the use of Community coal.  ^.

IIIt  Compliance with' Article 54,·: second/'pàtagtAph»thé KCSQ Treaty
The Member St a tea of thé EurôpèàhVCo^tthi^iea; ® .  8« t themëelyes the
goal of reducingtheir dependence; crn oil i^orta^T^
utilization pattferas» requites greaterHand more varied Use of.opaly; a% was-  ^  
stressed,, particulariy i in fhe coimminiques issued ’ after the fiiiropean douncil*" 
of 27 and 28 .April 1980 in Luicembourg arid the Venice Si^ifc of’ 22-and '
23 Juni 1980. :' v '· ":■ ■  ' ·  ■  ■  y :  ■
The importance of coi^ in hetjping to restrijoturepnergy demand was blso <  , 
underlined by the ECSC.Consultative Gpimniftee arid the European Parliament 
in their opinions on· the conimunicatiQh :from^the, Cossiaiisidn to theCotmcil -  
on the role of coal in'  the Comminity'$ energy,strafe|y. The p^ %
mentioned for reconversion, tp coal/included various- industrial .Sectors- 
aiid district heating systems. u/ ,  ’  ,  :  :
The global Ipan to We'sf fkiehbanfc will, facilitate^ t.hei ijnpienwintation of 
investments which are' inline with’ .-the broad aims of Coiipwnity energy 
policy vand- at. the same time-ppf eh up:  new outlets fpr Community* coal. ,Jhe 
Commission· has therefore concluded, that the application, is- consonant with 
Article' 54, second paragraph, of the fCSC Treaty, '  -  ’
IV. Global loan 
Loan requested:'; 
Loan granted :
Observations-«DM 20, million .  \
The Commission hap approved, in principle, a /loan of 
DM 20'million/(approximately 8:9'million EOü) or - 
its equivalent to the abo.ve-mentionêdcompanÿ dja the^ ,  
Abasia that this'project is consonant with thè^àin^ .  
set .put-in Article 54, aecoi^ ; paragl r.aph>.  'pf the -  ƒ_
ECSC ^Treaty. ;  ./■ y  -  '.■■/,V v
The loan bèit^ applied for will. 1^ the first global 
loan to be granted-to Westfaietdjank under Article 54,, 
second paragraph: Westfaienbarik has already been granted 
two global loans of DM 20 million.each under Article 56 ‘  
of ;  the ÈCSC Treaty by decisions of thé Commission dated 
May 1980 and 29 September ,1981 and-agreement'.-of ,
:  the-^Gouncil oh 24 June "1980 and 21 December 1981. ;
V. Council assent , *
Pursuant to Article 54, second, pàragrâphi ,:of the ECSC Treaty the Cdmmission 
seeks thé assent of the Council to the granting of à global loan of 
DM 20 million to WeStfalenbank, Bpchum^ -  f  j  '  c '  ,  V
'  5267/84 en