ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(82)501
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.

COMMISSION
OFTHE
EUROPEAN COMMUNITIES
GeneralSecretariatCOM(82)501 final
Brussels ,JOJuly 1982
FOROFFICIAL USEONLY
COMMUNICATION FROM THE COMMISSION TOTHE COUNCIL
Request forassent ,pursuant toArticle 562a)oftheECSC Treaty
tothegranting ofaglobal loan toThe Royal Bank ofScotland ,
United Kingdom
C0M(82 )501 final

FOR OFFICI ALUSE ONLY
COMMUNICATION FROM THE COMMISSION TOTHE COUNCIL
Subject :Request forassent ,pursuant toArticle 562a)oftheECSC Treaty
tothegranting ofaglobal loan toTheRoyal Bank ofScotland ,
United Kingdom .
FINANCIAL INTERMEDIARY
No.360
Add11cant The Royal Bank ofScotland
Registered Office Edinburgh
Shareholders Part oftheRoyal Bank ofScotland Group Ltd .
II.RECIPIENTS TheBank will pass onthe loan inthe form of
sub-loans tosmall and medium size firms which
areextending existing activities orcreating
new ones .
Field ofActivity of
recipients :Industrial and service activities .

-2
III.THEPROJECT
Procédure :TheCommissionwillmakeb5m(about8.84MioECU)
availabletoTheRoyalBankofScotland.Theloanwill
bepaidintranchesoverthreeyears,assub-loansare
approved.Decisionstoapproveindividualsub-loanswill
betakenbytheCommission onthebasisoftheapplication
criteriaandobjectivespublishedbytheCommission
(OJC178/27July1977andOJC82,29March1979).
TheRoyalBankofScotlandwillreporttotheCommission
annuallyontheusemadeofthegloballoan.Eachyear,
itwillalsodrawupareportonthere-employment of
formerECSCworkersinthefirmsfinancedfromthe
globalloan.
Totalamountof
investment atleastt10m Cabout17.68MioECU)
IV.THEREGION
Projectlocation ;TheseareasinScotlandwheretherehavebeencoaland
steelclosuresinrecentyears.
Unemployment rate :AsperFebruary11,1982
Central14.9%
DumfriesandGalloway14.7%
Fife13.7%
Lothians12.7%
Strathclyde 17.7&
Nationalaidstatusof
projectarea :Assistedareasandsteelconversionareas.
TheECSCindustryhasbeenandstillisamajoremployerinthearea.

-3-
V. CONFORMITY WITH ARTICLE 56OFTHE ECSC TREATY
ECSC redundancies in
project area :Between 1970 and1980 employment incoalmining in
Scotland fall byabout 9,000 and inmetal manufacture
(ofwhich iron andsteel making isthemajor component )
.byabout 15,000 .Thedecline iniron and steel
employment hasbeen particularly rapid inStrathclyde
inthemore recent period ,and itisestimated that a
fall ofover 12,000 jobs hasoccurred inthe region
since 1976 .InBritish Steel Corporation plants alone
employment fell by6,000 jobs between 1977 and 1980 .
Some further job losses have occurred since this date and
future prospects will begreatly influenced bytheplans
ofBSC .
Jobs tobecreated :Atleast 442jobs suitable forformer ECSC workers .
bytheproject
Training :Through Manpower Services Commission and loan
recipients .
The Commission considers that theapplication complies with Article 562a)
ofthe ECSC Treaty ,
VI,GLOBAL LOAN
Loan applied for
Loan tobegranted
Interest rebate
Job basis ofinterest rebateb5m
The Commission hasapproved aloan
of b5m (about 8.84 MioECU )
orequivalent totheabove mentioned
institution inaccordance with
Art.56application 'criteria (0JC82,
29March '1979 ).
3percentage points peryear for five
years on 8.84 MioECU
442 jobs suitable forformer ECSC
workers ,"towhom they will beoffered in
priority .
VII .COUNCIL ASSENT
TheCommission requests the Council togive itsassent totheforegoing
decision .