CELEX: 51981PC0355
Language: en
Date: 1981-07-07
Title: Proposal for a COUNCIL REGULATION (EEC) compensating Greece for its contribution to the cost of the financial mechanism and the supplementary measures for the United Kingdom (submitted to the Council by the Commission)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (81) 355
Vol. 1981/0112
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 ---pagebreak--- COMMISSION OF THE EUROPEAN COMMUNITIES
                                                COM(81)355 final
                                                Brussels , 7 July 1981
                              Proposal for a
                          COUNCIL REGULATION ( EEC )
     compensating Greece for its contribution to the cost of the
     financial mechanism and the supplementary measures for the
                              United Kingdom
            ( submitted to the Council by the Commission )
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 C0M(81 ) 355 final
 ---pagebreak---                                  EXPLANATORY MEMORANDUM
               1
  In November 1980 the Commission presented, a proposal to the Counoil for a
 .regulation compensating Greece for its contribution to the cost of the
- financial mechanism and the supplementary measures for the United Kingdom .
  This proposal , which was adopted "by the Council on 20 January 1981 » only made
  provision for compensation for sums reflecting the increase in 1981 in the cost
  of financing 1980 measures to assist the United Kingdom .
  Two further elements not covered "by the    abovementioned regulation  – Council
  Regulation (EEC ) No 284/81 – warrant consideration :
     ( i ) although provision was made for compensation to Creece for additional
           contributions in 1981 , there was.no mention of the additional
           appropriations which could be entered in subsequent budgets following
           calculation of the net United Kingdom contribution to the 1980 and 1981
           budget s ;
   ( ii ) the Council conclusions of 30 May 1980 , which led to approval of
           supplementary measures to assist the United Kingdom and amendment of
           the existing financial mechanism , were reached at a meeting not attended
           by Greece . Added to which , Article 4 of the conclusions specifies that
           the measures to assist the United Kingdom are to be financed by the other
           eight Member States .
  The Commission therefore considers that Council Regulation (EEC ) No 284/81 of
  20 January 1981 , which is incomplete , should be repealed and replaced by a new
  regulation which would take full account of these two points .
  The present proposal therefore provides for the payment of compensation to Greece for
 ---pagebreak--- 1980 and. 1981 and for thef entering of supplementary appropriations in subsequent
financial years following calculation of the net United Kingdom contribution for
these years .
 ---pagebreak---                                  Proposal for a
                      COUNCIL REGULATION,, (EEC )
        compensating Greece for its contribution to the cost of the financial
          mechanism and the supplementary measures for the United Kingdom
THE COUNCIL OP THE EUROPEAN COMMUNITIES ,
Having regard to the Treaty establishing the European Economic Community , and
in particular Article 235 thereof ,
                                                                                «
Having regard to the proposal from the Commission ,
                                                            2
Having regard to the opinion of the European Parliament ,
Having regard to the opinion of the Court of Auditors^,
Whereas the amount of the supplementary measures in favour of the United Kingdom ,
                                                      4
established by Council Regulation ( EEC ) No 2744 / 80 , is calculated according to the rules
set out in Annex II to that Regulation , account being taken of the amounts       ν.
resulting from application of the financial mechanism as adjusted by Council Regulation
(EEC ) No 2743/80^; whereas the relevant appropriations are entered in the budget
for the financial year following the year to which they refer ; whereas supplementary
appropriations may be entered in subsequent budgets following calculation of the
net United Kingdom contribution to the 1980 and 1981 budgets ;
  0J No
2                     '  /
  0J No
30J No          •" "
  0J No L 284 , 29.10.1980 , p . 4 .
50J No L 284 , 29.10.1980 , p. 1.
 ---pagebreak---   Whereas the Hellenic Republic was not represented at the Council meeting of 30 May 1980
   the conclusions of which were implemented by the regulations mentioned
  above ; whereas the conclusions reached on the United Kingdom contribution to
  the financing of the Community budget specified that measures to assist the
  United Kingdom would be financed by the other eight Member States ; whereas
  the Hellenic Republic should therefore receive financial compensation for the           '
  sums corresponding to the increase in budget contributions attributable to the
  financing of measures to assist the United Kingdom ;
  Whereas Council Regulation (EEC ) No 284/81 of 20 January 1981 compensating
  Greece for its contribution to the cost of the financial mechanism and the
                                                7
  supplementary measures for the United Kingdom    only made provision for compensation
  for sums corresponding to the increase , during the financial year 1981 , in
 budget contributions attributable to the financing of 1980 measures to assist
 the United Kingdom , although similar compensation could be payable in subsequent
  financial years ;
 ^hereas Council Regulation (EEC ) No 284/81 is therefore incomplete and should
 "be replaced ,
 HAS ADOPTED THIS REGULATION :
                                    ' Article 1
The Hellenic Republic shall receive the auounts necessary to compensate it
for the additional financial burden falling upon it as a result of payments
to be made to the United Kingdom under Regulations (EEC ) Nos 2743 / 80 and 2744 / 80 .
   OJ No C 158 , 27.6 . 1980, p.1 .
7 0J No L 32 , 4.2.1981/ P.1 .
 ---pagebreak---                                     - 3 -
                                   Article 2
The financial compensation referred to in Article 1 shall be made to the extent
that payments are made to the United Kingdom under Regulations (EEC ) Nos 2743/ 80
and 2744 / 80 . '
                     Χ                 V
For this purpose the Commission shall , during the ^first month following
each quarter , make the necessary calculations as to the amount of the refunds
due to the Hellenic Republic from the "budget and make the corresponding payments .
                                  Article 3
Regulation ( EEC ) No 284 / 81 is hereby repealed .
                                  Article 4
This Regulation shall enter into force on the day following its publication
 in the Official Journal . of . the European Communities .
 It shall apply with effect from 1 January 1981 .
 This Regulation shall be binding in its entirety and directly applicable
 in all Member States .
 Done at Brussels .
                                                      V.