CELEX: 51979PC0432
Language: en
Date: 1979-07-18
Title: PROPOSITION DE DECISION DU CONSEIL PORTANT APPLICATION DU REGLEMENT (CEE) N°/1979 DU CONSEIL RELATIF A LA BONIFICATION DE CERTAINS PRETS A VOCATION STRUCTURELLE : DESIGNATION DES ETATS MEMBRES MOINS PROSPERES (présentée par la Commission au Conseil)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (79) 432
Vol. 1979/0151
 ---pagebreak--- Disclaimer
Conformément 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
règlement.
In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983
concerning the opening to the public of the historical archives of the European Economic
Community and the European Atomic Energy Community (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 file 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 1983 über die Freigabe der historischen Archive der Europäischen
Wirtschaftsgemeinschaft und der Europäischen Atomgemeinschaft (ABI. L 43 vom 15.2.1983,
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 ---pagebreak---                                                                     COM(79 ) 432 final
        COMMISSION
             DES                                                    Bruxelles, le 18 juillet 1979
COMMUNAUTES EUROPEENNES
                                                                    DOCUMENT INTERNE
      Secrétariat général
                                        Wl±
                               PROPOSITION DE DECISION DU CONSEIL
                     PORTANT APPLICATION DU REGLEMENT ( CEE ) N°        / 1979
                       DU CONSEIL RELATIF A LA BONIFICATION DE CERTAINS
                      PRETS A VOCATION STRUCTURELLE :    DESIGNATION DES
                                 ETATS MEMBRES MOINS PROSPERES
                          (présentée par la Commission au Conseil )
                                         /
                                             >
     COM ( 79 ) 432 final
 ---pagebreak---                           EXPLANATORY NOTE
The draft Council Regulation ( EEC ) concerning interest rate
subsidies for certain loans of a structural nature - trans­
mitted to the Council by the Commission on 9 February 1979
( C0M)(79)31 final ) - "lays down in Article 2 that the Council
is to designate the member state or states benefitting from
the measures set out in Article 1 of the Regulation .
The latter stipulates that loans made by the European Invest­
ment Bank or the New Community Instrument for investment
projects within the less prosperous member states of the
Community may benefit from an interest rate subsidy chargeable
to the budget of the European Communities insofar as those
states participate effectively and fully in the working of the
European Monetary System .
Among the member states participating effectively and fully
in the said System , Ireland and the Republic of Italy must be
considered less prosperous states , and it is therefore pro­
posed to apply to them the benefit of the measures resulting
from the Regulation in question .
 ---pagebreak---          PROPOSAL FOR A COUNCIL DECISION TO BRING INTO FORCE
                  COUNCIL REGULATION ( EEC)No .     /1979
THE COUNCIL OF THE EUROPEAN COMMUNITIES ,
Having regard to the Treaty establishing the European Economic
Community ,
Having regard to Council Regulation ( EEC)No .       /1979 of
              1979 concerning an interest rate subsidy for certain
loans * made within the framework of the European Monetary System ( l ),
and in particular Article 2 thereof ,
Having regard to the proposal from the Commission ,
Whereas Article 2 of Council Regulation ( EEC)No .      /1979 lays
down that the Council shall designate the member state or states
benefitting from the measures set out in the Regulation ;
Whereas Article 1 of Council Regulation ( EEC)No .        /1979
requires that in order to be so designated member states must at
the same time participate effectively and fully in the working of
the European Monetary System and be considered as less prosperous ;
Whereas Ireland and the Republic of Italy fulfil this double
condition ,
HAS DECIDED :
                              Sole article
Ireland and Italy shall benefit from the measures set out in
Regulation ( EEC)No .       /1979 .
Done at Brussels ,           1979                  For the Council
                                                   The President
( 1 ) 0J