2000/786/EC: Council Decision of 27 November 2000 on the grant of funds to the Hellenic Republic in order to compensate partially for the interest paid on European Investment Bank loans for the reconstruction of the region which was devastated by the earthquake of September 1999

Council Decision
of 27 November 2000
on the grant of funds to the Hellenic Republic in order to compensate partially for the interest paid on European Investment Bank loans for the reconstruction of the region which was devastated by the earthquake of September 1999
(2000/786/EC)
THE COUNCIL OF THE EUROPEAN UNION
,
Having regard to the Treaty establishing the European Community, and in particular Article 308 thereof,
Having regard to the proposal from the Commission,
Having regard to the opinion of the European Parliament(1),
Whereas:
(1) A subsidy to compensate partially for the interest paid on the European Investment Bank loans for the reconstruction of the region of the Hellenic Republic which was devastated by the earthquake of September 1999 should be granted to the Hellenic Republic.
(2) This subsidy should be chargeable to the general budget of the European Union.
(3) The Treaty provides for no powers other than those in Article 308 thereof for the adoption of this Decision,