ARCHIVESHISTORIQUES
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DOCUMENTS "COM"
COM(81)330
Vol.1981/0107

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in
COMMISSION
OFTHE
EUROPEAN COMMUNITIES
GeneralSecretariatCOM(81)330 final
Brussels,29Jupe19g1
FOROFFICIAL USEONLY
COMMUNICATION FROMTHECOMMISSION TOTHECOUNCIL
Requestforassent,pursuanttoArticle562a)oftheECSCTreaty
togranting agloballoantoCreditLyonnais,France
COM(81)330final

Communication totheCouncil
Subject:Requestforassent,pursuanttoArt.562a)oftheECSCTreaty
tograntingagloballoantoCreditLyonnais,France.
THEINTERMEDIARY FINANCIAL AGENCY No.286
Applicant CréditLyonnais
Registeredoffice Paris
Parentcompanyof
applicant TheCreditLyonnaisisanationalised bank
inwhichtheFrenchstatehasamajority
shareholdi ng.
BENEFICIARIES Smallandmediumsizedenterprises atthe
locationslistedinSectionIV.
Fieldofactivityofthebeneficiaries :Industrial andserviceactivities .

-2-
m.IHE_PROJEÇT
Procédure
TheCommissionwillmakeFF50millionavailabletoCreditLyonnais.
Theloanwillbedisbursedwithinaperiodofthreeyearsinthenumber
oftranchesappropriate tothesub-loansapproved.Thesubsidiary loans
willbeapprovedbytheCommission'sservicesinaccordance withthe
criteriaandobjectives published bytheCommission (OfficialJournal
No.C178/2of27July1977andO.J.No.C82/8of29March1979).
CreditLyonnaiswillreporttotheCommission everysixmonthsonthe
usetowhichthegloballoanhasbeenput.Itwillalsoreportannually
onthere-employment ofex-ECSCworkersbythebeneficiaries oftheloan.
Globalamountoftheinvestment :FF100million (+16.71MioECU)
IV.THEREGION
Projectlocation :ECSCclosureareasinthefollowingprovisional
proportions :Nord/Pas-de-Calais40%;.Lorraine 30%;
BassindelaLoire20%;BassindeCarmaux-Decazevi lle
andBassind'Alès10%.
Unemployment rate :8-12%depending onthelocation.
Nationalaidstatusof
Projectarea :Assistedarea
TheECSCindustryhasbeenanimportantsourceofemploymentinthearea.

-3-
V.CONFORMITY WITHART.56OFTHEECSCTREATY
ECSCredundancies -in
projectarea Duringtheperiod1975-198010,500jobshave
beenlostinthecoalindustryand40,500
havebeenLostinthesteelindustry.The
majorityofthesereductions havetakenplace
intheareasforwhichthegloballoanissought.
Jobcreationofproject 417mimmum
Training Asrequiredbylocalagenciesandbythe
beneficiaries.
TheCommission considersthattherequestcomplieswithArt.562a)
oftheECSCTreaty.
VI.GLOBALLOAN
Loanrequested
Loangranted
Interestrebate
JobbasisofinterestrebateFF50miIlion
TheCommission hasapproved aloan
ofFF50million (+8.34MioECU)
orequivalent totheabovementioned
companyinaccordance withArt.56
operatingpolicies (O.J.No.C82/8
of29March,1979).
3%pointsperyearforfiveyearson
8.34MioECU
417jobssuitableforandtobeoffered
inprioritytoex-ECSCworkers.
VU.ÇOUNÇIL_ASSENT
TheCommissioninvitestheCounciltogiveitsassenttotheforegoing
decision.