ARCHIVES HISTORIQUES 
DE LA COMMISSION 
 
 
 
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DOCUMENTS "COM" 
 
 
 
 
COM (84) 4 41 
 
 
 
Vol. 1984/0 183 
  
 
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 SecretariatC0MC84) 441 final  
Brussels, 7 September 1984
FOR OFFICIAL U S E  ONLY
COMMUNICATION FROM THE COMMISSION TO THE COUNCIL
Request for Council assent under Article 54, second para­
graph, of the ECSC Treaty to the granting of a  
global loan to Barclays Bank PLC
COMC84) 441 final

NOTE TO THE COUNCIL
Subject:  Request for Council assent under Article 54, second paragraph,
of the ECSC Treaty to the granting of a global loan to
I COMPANY
Applicant :  Barclays Bank Pic
\
Barclays Bank Pic is a UK 
public company listed on the London Stock 
Exchange. It provides a wide range of 
banking services to retail and corporate 
clients.
Recipients :  Industrial companies carrying out small
and medium sized investment projects 
which promote the use of coal.
II PROCEDURE
The Commission will grant Barclays Bank Pic a global of £10 million.
The loan will be disbursed over three 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.
Projects which cost not more than £4 million will be eligible sub-loans 
under the global loan provided that they give an undertaking to use 
100% Community coal. Projects costing more than £4 million will be considered 
for direct loans by the Commission under the normal rules of procedure for 
such types of loan.
It is anticipated that most of the applicants for sub-loans will be small 
and medium sized enterprises but larger enterprises will also be eligible 
for sub-loans when the project expenditure falls under £4 million.
Barclays Bank will submit annual reports to the Commission
on the state of progress on the projects financed and on whether the
enterprises receiving the loan are meeting their coal supply commitments.

-  ? -
III COMPLIANCE WITH ARTICLE 54, SECOND PARAGRAPH, OF THE ECSC TREATY
The Member States of the European Community 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 
has been stressed, particularly in the declarations published after 
the European Council in Luxembourg on 27 and 28 April 1980 and the Venice 
SUmmit of 22 and 23 June 1980.
The potential role of coal in promoting the more rational use of energy
was also underlined by the ECSC Consultative Committee at its meeting
of 11 and 12 March 1982. Finally, in April, 1982, the Committee on Energy and
Research presented amotion for a resolution on the same lines to the
European Parliament.* The sectors earmarked for conversion to coal
include various industrial sectors and district heating systems.
On 31st December 1982 (O.J. C 343/82) the Commisison published criteria
for the granting of industrial loans at reduced rates of interest for investments
aimed at promoting the consumption of Community coal. This global loan
falls within the criteria for such loans and will be granted with an
interest rebate.
IV GLOBAL LOAN
Loan requested :  £10 million
Loan granted :  The Commission has approved, in principle, a
loan of £10 million (approximately 17.03 million ECU) 
or its equivalent to the above-mentioned company on 
the basis that this project falls within the aims set 
out in Article 54, second paragraph, of the ECSC Treaty.
Rebate :  A rebate of 3% p.a. for five years on a maximum loan
of 17.03 m ECU. An initial amount of 500,000 ECU 
will be set aside from the 1983 ECSC budget. The global 
loan will be assessed at the end of 1984 and any 
necessary additional funds will be allocated from the 
1985 ECSC budget.
Observations :  This is the first global loan to be granted under
Article 54, second paragraph, to Barclays Bank.
Barclays Bank have already received a global
loan totalling £10million under Article 56 of the ECSC
Treaty
V COUNCIL ASSENT
Pursuant to Article 54, second paragraph, of the ECSC Treaty, the Commissj.on
seeks the assent of the Council to the granting of a global loan of
£10 million to Barclays Bank.
* See also Commission Communication to the Council on the role for coal 
in Community energy strategy.