Council Regulation (EEC) No 4048/88 of 19 December 1988 on the grant of financial support to transport infrastructure projects

COUNCIL REGULATION (EEC) No 4048/88  of 19 December 1988  on the grant of financial support to transport infrastructure projects
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community, and in particular Article 75 thereof,
Having regard to the proposal from the Commission,
Having regard to the opinion of the European Parliament (1),
Having regard to the opinion of the Economic and Social Committee (2),
Whereas, on 22 December 1986, the Council adopted under Regulation (EEC) No 4059/86 (3), objectives and criteria of a Community policy on transport infrastructure;
Whereas the appropriations entered for that purpose in the 1988 and 1989 budgets shall be subject to the adoption of this Regulation;
Whereas the ceilings for Community financial support for each project of this Regulation should be fixed by the Commission;
Whereas the European Council, at its meeting in Rhodes on 2 and 3 December 1988, asked the Council to adopt, before the end of the year, measures within the limits of the appropriations earmarked in the budget for the support of transport infrastructure  projects;
Whereas the grant of support for transport infrastructure projects under the 1988 and 1989 budgets is without prejudice to the action that will be taken on the Commission proposals aimed at developing a Community policy on transport infrastructures,