ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(80)794
Vol.1980/0252

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 OFTHEEUROPEAN COMMUNITIES
COM(80)794 final
Brussels ,25thNovember ^)}980
?m
A*
f/V,
.,>? ■
"/<v\/
PROPOSAL FOR ACOUNCIL DECISION
CONCERNING THE EXTENSION OFTHE MEDIUM-TERM
FINANCIAL ASSISTANCE
(presented bytheCommission totheCouncil )
COM (80)794 final

EXPLANATORY MEMORANDUM
Article 1ofDecision 71/143/EEC of22March 1971 setting up
machinery formedium-term financial assistance provides inparagraph 2
that the mechanism isvalid until 31December 1980 .
Soastoavoid that thematter isnot covered bythenecessary
legislation /theCommission proposes that theCouncil atitsmeeting of
15December 1980 prolongs thevalidity ofthemedium term mechanism for
afurther twoyears to31December 1982 oruntil thedefinitive stage of
the E.M.S. isset upifthis isearlier . '
xAsthenewdecision must take effect on1January 1981 which is
thedate given forthenewcommitment ceilings laid down inthe Actof
Adhesion oftheGreek republic ,theCommission considers that itisappro­
priate toreproduce intheattached text these newceilings .
. -■ ''. .. •^ •; . '- I
' ■■ 'v
Itisproposed that thefollowing text isadopted .

Proposal for a
COUNCIL DECISION
CONCERNING THEEXTENSION OFTHEMEDIUM-TERM FINANCIAL ASSISTANCE
TheCouncil oftheEuropean Communities ,
Having regard tothetreaty establishing theEuropean Economic Community and
inparticular Articles 103 and 108 thereof ; .
Having regard totheproposal from theCommission ; -
Whereas Council Decision 71/143/EECof22March 1971 ,and last changed by
theDecision of21.12.1978 (1),setupmachinery formedium-term financial
assistance valid foraninitial period offour years from 1stJanuary 1972 ,
extended theperiod toeight years (2),andthen further extended ituntil
31December 1980 (1);
Whereas itisappropriate that theMember States' obligations remain inforce
until thedefinitive stage oftheEuropean monetary system isestablished ;
Whereas thecommitment ceilings setout inparagraph 1ofArticle 1ofdecision
Accessioa of .the
71/143areamended bytheacts relative tothe/Greek republic andhence itis
opportune toreproduce inthis decision onextension the text oftheannex of
theActofAccession ;
HASADOPTED THIS DECISION : ,
Article 1
Council Decision 71/143/EECof22March 1971 concerning thesetting upmachinery
formedium financial assistance last modified bydecision 78/1041 /EECof21De­
cember 1978 isamended asfollows :
Paragraph 2of ,Article 1isreplaced bythefollowing text :
"This obligation shall apply until 31December 1982 ,unless thedefinitive
phase oftheEMS issetupbefore this date ".
(1)O.J. n°L379,30.12.1978 ,p.3
(2)O.J. n°L330,24.12.1975 ,p.50

-2-
Article2
\ ''
Theceilingsforcreditsreferredtointheannexshallbereplacedbythe
following : % ,
' "ANNEX
million ECUpercentage
Belgium 1.000 6.96
Oenmark 465 3.24
Germany 3.105 ,21.61
Greece^ 270 1.88
France 3.105 21.61
Irelanxj 180 1.25
Italy 2.070 H.40
Luxembourg
Netherlands
UnitedKingdom
Article3
ThisdecisionisaddressedtotheMemberStates.1.000 6.96
465 3.24
3.105 .21.61
270 1.88
3.105 21.61
180 1.25
2.070 14.40
35 0.24
1.035 7.20
3.105 21.61
Total 14.370 100.00".
DoneatBrussels......