CELEX: 51993PC0113
Language: en
Date: 1993-03-23
Title: Proposal for a COUNCIL REGULATION (EEC) amending Council Regulation (EEC) No 3906/89 of 18 September 1989 on economic aid for certain countries of Central and Eastern Europe

COMMISSION OF THE EUROPEAN COMMUNITIES
                                           C0MC93) 113 final
                                           Brussels, 23 March 1993
                            Proposal for a
                      COUNCIL REGULATION (EEC)
            amending Council Regulation (EEC) No 3906/89 of
      18 September 1989 on economic aid for certain countries of
                       Central and Eastern Europe
                    (presented by the Commission)
 ---pagebreak---                                  -3-
                         EXPLANATORY MEMORANDUM
Council Regulation No 3906/89 (known as the Phare Regulation) lists the
Central and European countries eligible for financial aid from the
Community for the purpose of supporting the process of economic and
social reform under way in these countries. The Regulation currently
in force refers to Czechoslovakia as one of the recipient countries.
On 1 January this year new independent republics took its place. It is
thus necessary to amend the Regulation accordingly so that financing
agreements can be concluded with these two new republics. The purpose
of the attached draft*proposal is to insert in the Regulation a formal
reference to the Czech and Slovak Republics.
The adoption of the proposed Regulation will not affect       the total
amount of financing for the Phare programme.
 ---pagebreak---                                    - 3 -
                    Proposai for a Council Regulation (EEC)
             amending Council Regulation (EEC) No 3906/89 of
       18 September 1989 on economic aid for certain countries of
                        Central and Eastern Europe
THE COUNCIL OF 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,1
Having regard to the opinion of Parliament,2
Whereas Regulation (EEC) No 3906/89 provides for aid operations of an
economic and humanitarian nature in support of the process of economic
and social reform in certain countries of Central and Eastern Europe;3
Whereas the annex of that Regulation       lists the countries which may
receive such aid;
Whereas Czechoslovakia was dissolved on 1 January 1993 and at the same
time two new sovereign Czech and Slovak republics were set up;
Whereas the annex of the said Regulation should be amended to ensure
the continuity of the arrangements provided for in Regulation No 3906/§9
for successor republics,
HAS ADOPTED THIS REGULATION:
                                Art icle 1
The annex to Regulation (EEC) No 3906/89 is hereby amended as follows:
1. The following countries shall be inserted: the Czech Republic and
the Slovak Republic.
2. the reference to "Czechoslovakia" shall be deleted.
                                Article 2
This Regulation shall enter into force on the day of its publication in
the Official Journal of the European Communities. It shall apply from
1 January 1993.
This Regulation shall be binding         in   its entirety  and  directly
applicable in all Member States.
Done at Brussels,
1   OJ
2   Opinion delivered
3   OJ L 375, 23.12.1989, page 11, last amended by Regulation (EEC)
No 2334/92 (OJ L 227, 11.8.1992, page 1).
 ---pagebreak---  ---pagebreak---                                                M-                    ISSN 0254-1475
                                                               COM (93) 113 final
                                                      DOCUMENTS
EN                                                                              il
                                 Catalogue number : CB-CO-93-139-EN-C
                                                             ISBN 92-77-53878-3
Office for Official Publications of the European Communities
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