ARCHIVES HISTORIQUES 
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COM (85) 304 
 
 
 
Vol. 1985/0 129 
  
 
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 SecretariatC0MC85) 304  final 
Brussels, 19 June 1985
FOR OFFICIAL U S E  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 INTERBANCA, Milan, Italy.
C0MC85) 304 final

..A
F O R  OFFICIAL U S E  O N L Y
Communication to the Council
Subject :  Request for assent, pursuant to Article 56 2a) of the E C S C  Treaty
to the granting of a  global loan to INTERBANCA, Milan, Ita ly . '
I» FINANCIAL INTERM EDIARY
No. 421
Applicant IN T E R B A N C A
Registered Office M i lan
Shareholders Banca Nazionale dell'Agricoltura,
Banca d'America e  d 'Ita lia ,
Istituto Centrale di banche e  banchieri,  
other banks. '
I I .  RECIPIENTS Small and medium-sized industrial,  
craft and service businesses.
Field of Activity of  
recipientsIndustrial and service sectors,
’ dores- Rue de là Loi 200 B - 1040 Brussels -  Telephone 350040-35 8040 -  Telcgroph.c edd'css: . COMEUR Bresse,s
Telex ■  COME'JRBRiJ 2' 8/7 ·

-  2 -J
III. THE PROJECT
:  The Commission has decided to make LIT 30 000 million (about 21«877 MioECU) available to INTERBANCA for the purpose of granting sub-loans to small and medium-sized businesses in the ECSC employment areas« The loan will be paid out in several tranches on the basis of sub­loans authorized« The sub-loans will be approved by the Commission in accordance with the application criteria published in 0J No C 191 of 16 July 1983. 'The bank will send the Commission an annual report on the use of the global loan, the total number of jobs created and actually filled and the re-employment of former ECSC workers by the recipients of the sub- .  loans« 'INTERBANCA will work closely with the agency/agencies involved in ECSC conversion work in Italy«
Total amount of investment ” at least LIT 60 000 million (+. 43 «75 MioECU)
IV,THE REGION
Project location ECSC employment areas throughout Italy (1)«
Unemployment rate (October 1982),
National aid status of project areaAssisted areas.
(1) Outside the ECSC employment areas, the strict social clause is applicable (second sentence of paragraph 14 of the application criteria, 0J C 191,
16 July 1983). 1

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V. CONFORMITY WITH ARTICLE 56 2a) OF THE ECSC TREATY
ECSC redundancies in project area Between 1977 and 1983 about 20.000 jobs were Lost in the principal Italian steel-making' areas.
Jobs to be created by the project
TrainingAssuming that all the posts will be created in a priority ECSC employment area, 1 5'ob jobs will be involved.
Where necessary, by local organizations and the loan recipients. '
The Commission considers that the application complies with Article 56 2a) of the ECSC Treaty.
VI. GLOBAL LOAN
Loan applied for :  LIT 30 000 million.
Loan to be granted
Interest rebateThe Commission has approved a loan of LIT 30 000 million(about 21.877 MioECU) or· equivalent to the above mentioned institution 
(1)
5 percentage points per year for five years on 20 (MioECU
Job basis of interest rebate :  1  000 jobs ----- — — created)(i
ue. twp thirds of the jobs to be
VII. COUNCIL ASSENT
The Commission requests the Council to give its assent to the foregoing 
decision
(1) In accordance with the application criteria <0J C 191, 16 July 1983).·