CELEX: 31977L0360
Language: en
Date: 1977-05-17 00:00:00
Title: Council Directive 77/360/EEC of 17 May 1977 adapting the conditions laid down for the grant of medium-term financial assistance to the Italian Republic

No L 132/36                          Official Journal of the European Communities                               27 . 5 . 77
                                                  COUNCIL DIRECTIVE
                                                      of 17 May 1977
               adapting the conditions laid down for the grant of medium-term financial assis­
                                               tance to the Italian Republic
                                                        (77/360/ EEC)
 THE COUNCIL OF THE EUROPEAN                                      Whereas these conditions fulfil the requirements of
 COMMUNITIES,                                                     Council Decision 71 / 143 / EEC of 22 March          1971
                                                                  setting up machinery for medium-term financial assis­
 Having regard to the Treaty establishing the European            tance (5), as last amended by Decision 75/785/ EEC (6),
 Economic Community, and in particular Article 108
 (2) thereof,
                                                                  HAS ADOPTED THIS DIRECTIVE :
 Having regard to Council Directive 74/637/ EEC of 17
 December 1974 granting medium-term financial assis­                                       Article 1
 tance to the Italian Republic ('),
                                                                  The economic policy conditions laid down in Direc­
 Having regard to Council Directive 75/784/EEC of 18              tive 74/ 637/ EEC and in Directive 75/784/ EEC shall
 December 1975 adapting the conditions laid down for              be replaced by the conditions laid down in Decision
 the grant of medium-term financial assistance to the             77/ 359 / EEC .
 Italian Republic (2), and in particular Article 2 (4)
 thereof,                                                                                  Article 2
 Having regard to the recommendation submitted by                 This Directive is addressed to the Member States .
 the Commission, after consulting the Monetary
 Committee,                                                       Done at Brussels, 17 May 1977.
Whereas Decision 77/359/EEC (3) laid down for 1977
                                                                                                 For the Council
 and 1978 the economic policy conditions to be
 observed by the Italian Republic for the Community                                               The President
 loan granted to this Member State by Decision
 76/322/EEC (4) ;                                                                                   J. SILKIN
(') OJ  No L 341 , 20. 12. 1974, p. 51 .
(2) OJ  No L 330, 24. 12. 1975, p . 48 .
(3) See page 34 of this Official Journal.                         (5) OJ No L 73, 27. 3 . 1971 , p. 15 .
(4) OJ  No L 77, 24. 3 . 1976, p. 12.                             (<-) OJ No L 330, 24. 12 . 1975, p . 50 .