ARCHIVESHISTORIQUES
DELACOMMISSION
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DOCUMENTS "COM"
COM(81)788
Vol.1981/0222

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COMMISSION
OFTHE
EUROPEAN COMMUNITIES
GeneralSecretariatCOM(81)788 final
Brussels,14December1981
FOROFFICIAL USEONLY
*
Communication fromtheCommissiontotheCouncil
Requestforassent,pursuanttoArt.562a)oftheECSCTreatytogranting
agloballoantoBankfurGemeinwirtschaft A.G.,FederalRepublicofGermany
C0MC81)788final

INTERNAL DOCUMENT
Communication tothe Council
«
Subject ;Request forassent ,pursuant toArt .562a)oftheECSC Treaty
to .granting aglobal loan toBank furGemeinwi rtschaft A.G. ,
Federal Republic ofGermany .
THE INTERMEDIARY FINANCIAL AGENCY No.342CEaiJBIBSSaSBBSBBBOBCSSSBCSBSBSEia
Applicant :Bank fürGemeinwirtschaft A.G.
Registered office :Frankfurt
Parent company of
applicant :Beteiligungsgesellschaft fürGemeinwirtschaft A.G.
Frankfurt 84.07%
Neue Heimat ,Hamburg 15.23%
Bank -fürArbeit undWirtschaft A.G. ,Vienna 0.7%
§§NEFICIARIES - :Small andmedium-sized firms which areextending
existing activities and/orcreating newones .
Field ofactivity ofthe
beneficiaries ::Industrial and service activities .
'Oki :PuedoloLoi200 ,B-1040Brussels–Telephone 350040-35 8040–Tclegrophic oddress :«COMEUR Bruisr.li --
T.lex :•COMEURBRU 21877 .

III .THE PROJECTnaaaBBiasa
Procedure ;The Commission will make DM150 M(about 59.48 MioECU )
available totheBank furGemeinwi rtschaft .The loan will bepaid
intranches over three years ,assub-loans areapproved .Decisions
toapprove individual sub-loans will betaken bytheCommission 's
departments onthebasis oftheapplication criteria andobjectives
published bythe Commission (O.J. No.C178/2of27.7.1977 and O.J.
No.C82/8of29.3.1979 ).
The Bank furGemeinwi rtschaft will report tothe Commission every
year onthe usemade oftheglobal loan .Each year itwill also
draw upareport onthe re-employment offormer ECSC workers inthe
firms financed from theglobal loan .
Global amount ofthe investment :Atleast DM300 M-(+ 118.97 MioECU )
IV.THE REGION
Project location
Unemployment rate
inMay 1981 :
National aid status of
project areasAreas ofGermany ,particularly inNorth Rhine -
Westphalia ,the Saarland andnorthern Germany
(Hamburg ,Bremen ),affected bythedecline in
employment inthe coal and steel industries .
North Rhine-Westphalia 5.8% :Bochum 6.9% ,
Duisburg 7.4% ,Gelsenki rchen 7.6% .
inate and Saarland 5.3% :Dortmund 8.1% ,Duisb
Rhineland-Palatinate
Neunkirchen 7.1% ,Saarbrucken 8.8% ,Saarlouis 7.8% .
Hamburg 4.6% ;Lower Saxony-Bremen 5.9% ;
Braunschweig 7.1% ,Bremen 6.4% ,Hildesheim 6.4% .
Schwandorf /Northern Bavaria 8%.
Régional
areas .development areas and /orECSC conversion
TheECSC industry hasbeen andstill isamajor source ofemployment
inthe areas .

I
-3-
V.CONFORMITY WITHART.56OFTHEECSCTREATY
ECSCredundancies in
projectarea Some25,000jobswerelostintheGerman
steelindustrybetween1975and1980.
Asaresultoftheexpectedredundancies
atEstel/Hoesch,Krupp,Roechling-Burbach ,etc,
(morethan25,000overthenexttwoyears)
thecreationofnewjobsisamatterof
urgency.
Jobcreationofproject :Atleast2,974,suitableforformercoal
andsteelworkers.
Training :Bygovernmenttraining -centresandthose
firmsreceivingsub-loans .
TheCommission considersthattherequestcomplieswithArt.562a)
oftheECSCTreaty.
VI.GLOBALLOAN
Loanrequested
Loangranted
Interestrebateforwhich
theloanqualifies
JobbasisofinterestrebateDM150million
TheCommission hasapproved aloan
ofDM150million (+59.48MioECU)
orequivalent totheabovementioned
companyinaccordance withArt.56
operatingpolicies (O.J.No.C82/8
of29March,1979).
3%pointsperyearforfiveyearson
59.48MioECU
2,974jobssuitableforandtobeoffered
inprioritytoex-ECSCworkers.
VII.COUNCIL_ASSENT
TheCommissioninvitestheCounciltogiveitsassenttotheforegoing
decision ^.