ARCHIVES HISTORIQUES 
DE LA COMMISSION 
 
 
 
COLLECTION RELIEE DES 
DOCUMENTS "COM" 
 
 
 
 
COM ( 84) 762 
 
 
 
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
EUROPEAN COMMUNITIES
G e n e ra l S e c re ta ria tCOM(84) 762 final  
Brussels, 21 Decem ber 1984
FOR OFFICIAL U S E  ONLY
COMMUNICATION FROM THE COMMISSION TO THE COUNCIL
Request for Council assent under Article 54, second paragraph,  
of the ECSC Treaty to the granting of a global loan to Commerzbank AG
COM(84) 762 final

f o r Official use o n lv
Note to^  ^he· Council' ,
;  Subject? ·  Request for Council assent under:  Article^54, · ■  secònd ^paragraph,  
of the EC8C'Treatyto thegranting 'of-a·'global· loan'holVxX ’
’·.··„ Commerzbank AG
■ '  ■  1« Company r - x.x x
Applicant: Commerzbank AG, Düsseldorf ■  «
Commerzbank is^onè óf *  the .  leading banks ih Che Federal Republicof  
.  Germany and is incorporated as a limited company, ,î|he share capital  
bf CM 843 million comprises scattered holdings·. Commerzbank conducts  
X all 'the« business of-, an ^all-purpose bank.,  It maintains 40 Regional
offices with·4Ò4 branches and 341 city sub-branches and bàs a staff  
■·■ Of 2Ò;p^-;t<«nd- 1 ' "  x x ■ '
Recipients: .BusinesgeS implementing investment projects to promote the
>  '  t .r Consumption Of Ccnipiünity coal.^
II. Procedure .
•  .  ,V x; -/-x .· ,_;r-x ;
.  The Commissioh will grant Commerzbank a global loan bl CM 25. îçllÎipn. It;  
will. be di sbûrsed .àver a «axiinüm'period of 3^ years in ^ number of r  
instalments to be determined by the Directorate General· for Credit and  
Investments in t M  light of thé bharâcteristies b£ the borrowing résourées  
utilized. ; .  ·  ·  · .
Under the terms pi this global loan, Commerzbank will co-finànçe investment 
which helpd tb ptomote; the use of Community coal ■
Commerzbank will submit annual reports to thé Commission on thé progress  
of '  the prolects f inahced and bn- whether; the ^finai bdh®fieiairies arexmeeting  
their commitments with respect to the use of Community còàl. '  X'

Zy::
III, Compliance with·;Attiéïé'V5A*M$ecQ^'-^çirMri£^hKv'o£.'< 'tïié. EÇSC ïrëatÿ .
The Member States nf the European; Conittunities, haPP set .themselVe*1the.goal  
of reducing their dependence bn oil. imports^ This Change in. energy v‘  J 
utilization patterns requires' greater and more Varied use -  a t'· coal, as was  
stressed, p^rt'iculai'ly» in-the communiques, issued after thb "European'  
Council of 27 and 28 April, 1980 , in luxemboutg'and yenice Sunset of i  
22 and. 23 Juni 1980. V·^; . .  ‘  - V -
The importance, of cOal in helping torestructure energy demand was also, 
underlined by the ECSG Consultative Copmittee and thé European Parliament  
in their opinions ott the communication" from the Commission to th,e Council  
on the role^bf coal in the-.community's.’energy strategy. Thepfime sectors'  
mentioned for reconversion to. coal included Various industrial sectors and  
district heating systems. v V ;  -
The global, loaiv to Commerzbank will facilitate the ii^lementatioh of ,  
investments which are in line,With phe broad'aims of Community energy,  
policy and at' the same fime open up new nutlets fop■ ;  Community cgal ; -  The.  
Commission has therefore concluded that the application is consonant wit!  
Article 54, second paragraph,.of the ECSC Treaty.
IV. Global loan '
-I_------— * ----· ■ _ . ■■■ —  ■
Lo
an requested: DM 25 million ,
Loan granted; The .Commission has approved, in principle, a lodn of
DM 25 million (approximately fl..2 million ECU) or its .  
equivalent to the above-mentioned company oh the basis  
■that ^is project is consonant with the >aims’set out in  
Article 54i  sécpnd .pafàgràph'j; of the. ECSC Treaty.
Observations^ The'loan being applied fòrr-will be ^hè iirsf, global
.  loan to be granted to Commerzbank under Article 54,,
second paragraph. Commefibahk also intends ih' thè  
neat future tb applyfor a global loan'of DM 50 million  
■  . .  ,  '  -  ->t}nder Article 56 0| the ECSC Ttdaty. ■
V. Council assent
\ . »  .
Pursuant to Article 54, second.paragraph,' of, the ECSC Treaty the Commission
seeks the assent of the,  Coupeil/ to the granting of a global loan.Of DM 25
million to Commerzbank A^» DUsseldptf. "
4844/84 en