ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(76)391
Vol.1976/0117

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COMMISSION OFTHEEUROPEAN COMMUNITIES
COM(76)391 final.
Brussels,23July1976
COMMUNICATION FROMTHECOMMISSION TOTHECOUNCIL
RequestforAssentinaccordancewiththesecondparagraphof
Article54oftheTreatyofParis,tothegrantingofloansto
personsotherthantheundertakings themselves,forthefinancing
ofdwellingsforthepersonnelofironandsteelfirmsinthe
/
regionofFriulia. I,
COM(76)391final ",

NOTETOTIECOUNCILOPTHEEUROPEAfT CGKLTUHITIES
Requestfor.AssentinaccordancewiththesecondparagraphofArticle54of
theTreatyofParis,tothegrantingofloanstopersonsotherthantheunder–
/•
takingsthemselves ,forthefinancingofdwellingsforthepersonnelofiron
andsteelfirmsintheregionofFriulici.
1.Inadditiontothenormalmulti-annual programmesinthefieldofECSC
low-costhousing,therecentdisasterintheiPriuliaregionhasledthe
Commissiontodecideuponthecarryingoutofanexceptional emergency
programmeforthebenefitofthe'personnelofanumberofironandsteel ,
enterprises whichhavebeendestroyedinthisregion. .,
2.Infact,about.950dwellingsoccupiedbysteelworkershavebeendestroyed
orseriouslydamagedbytheearthquake :itisforthisreasonthatthe
Commissionhasdecidedtomakeavailableaspecialloanof6,000,000u.a.
forareconstruction scheme,thisloant&besubjecttotheoonditions
generallyappliedtoECSCloansforlow-costhousing.
3.Insofarasitisnecessary,theECSC'aownfundscanbesupplemented by
otherresourcesobtainedfromthecapitalmarket.TheusebytheECSC
offundssuppliedfromthecapitalmarket,whicharecombinedwith 'v
resourcesfromthe"specialreserve"appearingintheECSCbalance-sheet ,
requires-inaccordancewiththesecondparagraphofArticle54ofthe
TreatyofParis-theassentoftheCouncil,becausetheloansaregeneral­
lymadetoborrowersotherthan"undertakings "withinthemeaningof
Article30oftheTreaty.Inpractice,ECSCgenerally ;nakesitsfunds
availabletofinancialinstitutions specialising inlong-termlendingfor
thefinancingofhousingschemes,whioharenormallycarriedoutbybuild­
ingsocieties. , ..
■-· ι
4.TheCommissionthereforerequeststheassentoftheCouncilunder.the
setondparagraphofArticle54oftheTreatyofParis,toauthorizethe
grantingofloans,ifnecessary,toborrowersotherthanundertakings as
definedin.theTreatyofParis,,inthecontextofanexceptional emergency
programmeandforthehousingofworkersinironandsteelenterprises ,
establishedinthePViuliaregionandaffectedbytheearthquakeofMay
1976.