ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(82)504
Vol.1982/0168

Disclaimer
Conformément aurèglement(CEE,Euratom)n°354/83duConseildu1erfévrier1983
concernantl'ouvertureaupublicdesarchiveshistoriquesdelaCommunauté économique
européenneetdelaCommunautéeuropéennedel'énergieatomique(JOL43du15.2.1983,
p.1),telquemodifiéparlerèglement(CE,Euratom)n°1700/2003du22septembre2003
(JOL243du27.9.2003,p.1),cedossierestouvertaupublic.Lecaséchéant,lesdocuments
classifiésprésentsdanscedossierontétédéclassifiésconformément àl'article5dudit
règlement.
InaccordancewithCouncilRegulation(EEC,Euratom)No354/83of1February1983
concerningtheopeningtothepublicofthehistoricalarchivesoftheEuropeanEconomic
CommunityandtheEuropeanAtomicEnergyCommunity(OJL43,15.2.1983,p.1),as
amendedbyRegulation(EC,Euratom)No1700/2003of22September2003(OJL243,
27.9.2003,p.1),thisfileisopentothepublic.Wherenecessary,classifieddocumentsinthis
filehavebeendeclassified inconformitywithArticle5oftheaforementioned regulation.
InÜbereinstimmung mitderVerordnung(EWG,Euratom)Nr.354/83desRatesvom1.
Februar1983überdieFreigabederhistorischen ArchivederEuropäischen
Wirtschaftsgemeinschaft undderEuropäischen Atomgemeinschaft (ABI.L43vom15.2.1983,
S.1),geändertdurchdieVerordnung(EG,Euratom)Nr.1700/2003vom22.September2003
(ABI.L243vom27.9.2003,S.1),istdieseDateiderÖffentlichkeitzugänglich.Soweit
erforderlich,wurdendieVerschlusssachen indieserDateiinÜbereinstimmung mitArtikel5
dergenanntenVerordnungfreigegeben.

3
COMMISSION
OFTHE
EUROPEAN COMMUNITIESCOM(82)504 final
Brussels,30July1982
Secretorio !
FOROFFICIAL USEONLY
COMMUNICATION FROMTHECOMMISSION TOTHECOUNCIL
Requestforassent,pursuanttoArticle562a)oftheECSC
Treatytogranting agloballoantoNationalWestminster Bank
Ltd.UnitedKingdom
COM(82)504final

INTERNAL DOCUMENT
COMMUNICATION FROM THE COMMISSION TOTHE COUNCIL
Subject :Request forassent ,pursuant toArt .562a)ofthe ECSC Treaty
togranting aglobal loan toNational Westminster Bank Ltd.,
United Kingdom .
I. FINANCIAL INTERMEDIARY No.353
Appl icant National Westminster Bank Ltd.,
United Kingdom .
Registered office London
Shareholders Shares are widely dispersed
II.RECIPIENTS TheBank will ,through itsover 3,000 branches
mainly inEngland andWales ,pass onthe loan
inthe form ofsub-loans tosmall and medium -
sized firms which areextending existing activities
orcreating newones .
Field ofactivity of
recipientsIndustrial and service activities

-2-
11î.THE^PROJEÇT
Procédure
TheCommissionwillmakefc5M(about8.96MioECU)availabletothe
NationalWestminster BankLtd.Theloanwillbepaidintranchesover
threeyears,assub-loansareapproved.Decisionstoapproveindividual
sub-loanswillbetakenbytheCommission onthebasisoftheapplication
criteriaandobjectives publishedbytheCommission (O.J.No.178/2of
27July,1977andO.J.No.C82/8of29March,1979).
«
TheNationalWestminster BankLtd.willreporttotheCommission annually
ontheusemadeofthegloballoan.Eachyearitwillalsodrawupa
reportonthere-employment offormerECSCworkersinthefirmsfinanced
fromthegloballoan.
Totalamountofinvestment :Atleastt10M (about17.92MioECU)
IV.THEREGION
Projectlocation :Theglobal
U.K.which
andsteel.loanwillapplyinallareasofthe
areaffectedbytherun-downincoal
Unemployment rate :Manyofthesteelconversion areasarethose
withextremelyhighunemployment rates,e.g.
Consettwith24.5%,Hartlepool 20.2%,EbbwVale21.1%,
Shotton18.9%,Corby21.4%andScunthorpe 17.8%in
February1982.
Nationalaidstatusof
proiectareaAssistedareasandsteelconversion areas.

-3-
V.CONFORMITY WITHART.56OFTHEECSCTREATY
ECSCredundancies in
projectarea TheBritishSteelCorporation hassuffered
massivejobLossesinrecentyears.InMarch
1974itemployedapproximately 200,000people
andthisfigurehasnowreducedtoapproximately
100,000.Inadditionmajorjoblossesare
reportedtohavetakenplaceatprivatesteel
companies.
Jobstobecreatedbyoroject:Atleast448jobs
Training :ThroughManpowerServicesCommission and
recipients ofsub-loans .
TheCommission considersthattherequestcomplieswithArt.562a)
oftheECSCTreaty.
VI.GLOBALLOAN
Loanrequested
Loangrantedfc5M
TheCommission hasapproved aloan
offc5M (about8.96MioECU)'
orequivalent totheabovementioned
institution inaccordance withArt.56
application criteria (O.J.No.C82/8of
29March,1979).
Interestrebate 3percentagepointsperyearforfiveyearson
8.96 MioECU
Jobbasisofinterestrebate 448jobssuitableforformercoalandsteel
workerswhoaretobo^ivenpriority.
VII.COUNCIL ASSENT
TheCommissioninvitestheCounciltogiveitsassenttotheforegoing
decision.