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COM (84) 748 
 
 
 
Vol. 1984/0 267 
  
 
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  
O F  T H E
E U R O P E A N  C O M M U N ITIE S
G e n e ra l S e c re ta ria tC O M (84) 748 final
Brussels,
21December 1984
FOR OFFICIAL USE ONLY
c o m m u n i c a tio n  f r o m T H E  C O M M I S S I O N  T O T H E  C O U N C I L
Request for assent, pursuant to Article 56(2)(a) of the E C S C  Treaty  
to the granting of a  global loan to Westdeutsche Genossenschafts-  
Zentralbank e.G. (W G Z-Bank), Munster, Federal Republic of G erm any
C O M (84) 748 final

F O R  O F F IC IA L  U S E  O N L Y
Communication to the Council
Request for assent, pursuant to Article 56 2a) of the E C S C  Treaty  
to the granting of a  global loan to Westdeutsche Genossenschafts-  
Zentralbank e.G. (W GZ-Bank), Münster, Federal Republic of G erm any.
F IN A N C IA L  I N T E R M E D I A R Y  
—  —  “ —  —  —  —  “ —  —
Applicant
Registered Office
ShareholdersNo. 412
:  Westdeutsche Genossenschafts-Zentralb-ànk etG .
M ünster> Federal Republic of G erm any
:  People's banks (Volksbanker), savings and loan,  
banks, rural credit cooperatives (Raiffeisen­
banken), institutions belonging to the  
cooperative organization, chambers of commerce, f t  
associations and a  num ber of private customers.
II. R E C IP IE N T S Small and medium-sized firms to expand  
existing and/or create n ew  activities.
Field of Activity of  
recipients Industry an d  services sector.
('nr, i add re  ss: R ue de la Lo i 200, B - l 040 B ru s s e ls  -  Telephone 35 00 40-35 80 40 -  Telegraphic a d d re ss: * COME UR Brussels <
Telex: · COMEURBRU 2! 877·

-  2 -
III. T H E  P R O J E C T
Procedure The Commission will m a k e D M 2 0  million (some 8.93 M io E C U )  
available to the W G Z -B an k . The loan will be paid out in  
tranches over a three-year period on thè basis of  
sub-loan authorized. T he stb-loan will be approved by  
the Commission in accordance with the application criteria  
and objectives published by the Commission (O J C  191,
16 July 1983, p. 3). T he W G Z -B a n k  will inforni the  
Commission every year of the use;made of the global loan.  
The bank will also provide information every year on  
the total number of jobs creste'd a n d , in fact occupied ■ · · - _ .  
and on the re-employment of former E C S C  workers by the 
borrowers.
Total am ount of  
investment at least D M ^ O  million (+ .18.0 M io E C U )
IV. T H E  R E G I O N
Project location •  E C S C  employment areas, primarily in  
North Rhine-Westphalia (1).
Unemploym ent rate :  About 1 4 %  in the R u h r area  
10.7%  in North Rhine-Westphalia  
(Federal Republic as a  whole 9.1%  in M arch  1984)
National aid status of  
project area :  Regional aid areas.
T he E C S C  industry has been and s till is a  major employer in the area.
1) Outside the E C S C  employment areas, the strict social clause is applicable  
(second sentence of paragraph 14 of the application criteria, O J  C  191,
16. July 1983).

-  3  -
V . CONFORMITY W ITH A R T IC L E  5 6  2 a ) OF THE ECSC TREATY
ECSC r e d u n d a n c ie s  i n
p r o j e c t  a r e a  : T h e  a d ju s tm e n t p r o c e s s  w i l l  r e s u l t  i n  a l a r g e
num ber o f  f u r t h e r  r e d u n d a n c ie s  o v e r  t h e  n e x t  
fe w  y e a r s .  I n  1 9 8 4  and 1 9 8 5 , som e 2 0  0 0 0  ECSC  
jo b s  w i l l  b e  l o s t  i n  t h e  R u h r a r e a  a l o n e .
J o b s  t o  b e c r e a t e d  A s s u m in g  t h a t  a l l  t h e  jo b s  w i l l  b e  c r e a t e d  i n  .
b y  t h e  p r o j e c t  : a p r i o r i t y  ECSC e m p lo y m e n t a r e a ,  6 6 9  e c o n o m ic a lly
v i a b l e  jo b s .
W h ere n e c e s s a r y , by p u b l i c  t r a i n i n g  i n s t i t u t i o n s  
T r a i n i n g  : anc*  t * ie  *-o a n  r e c i p i e n t s .
T h e C o m m is s io n  c o n s id e r s  t h a t  t h e  a p p l i c a t i o n  c o m p lie s  w it h  A r t i c l e  5 6  2 a )  
o f  t h e  ECSC T r e a t y .
V I .  GLOBAL LOAN
L o a n  a p p l i e d  f o r DM m i l l i o n
L o a n  t o  b e g r a n t e d T h e  C o m m is s io n  h a s  a p p r o v e d  a lo a n  o f  
DM 2Q m i l l i o n  (a b o u t 8 .9 3  M io E C U ) o r  
e q u i v a l e n t  t o  t h e  a b o v e  m e n tio n e d  i n s t i t u t i o n  
(1)
I n t e r e s t  r e b a t e 5 p e r c e n t a g e  p o i n t s  p e r  y e a r  f o r  f i v e  y e a r s  
on .  8 . 9 3  M ioECU
J o b  b a s is  o f  i n t e r e s t  r e b a t e  : 446 jo b s
V I I .  COUNCIL ASSENT
T h e C o m m is s io n  r e q u e s t s  t h e  C o u n c il t o  g i v e  i t s  a s s e n t t o  t h e  f o r e g o in g  
d e c i s i o n
(1) I n  a c c o r d a n c e  w i t h  a p p l i c a t i o n  c r i t e r i a  (0 J  C  1 9 1 , 1 6  J u l y  1 9 8 3 ) .