84/655/EEC: Council Decision of 10 December 1984 concerning the extension of the machinery for medium-term financial assistance

COUNCIL  DECISION
of 10 December 1984
concerning the extension of the machinery for medium-term financial assistance
(84/655/EEC)
THE COUNCIL OF THE EUROPEAN
COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community, and in particular Articles 103 and 108 thereof,
Having regard to the proposal from the Commission, submitted after consultation with the Monetary Committee,
Whereas, by Decision 71/143/EEC (1), as last amended by Decision 80/1264/EEC (2), the Council set up machinery for medium-term financial assistance valid for an initial period of four years from 1 January 1972;
Whereas this machinery has been regularly renewed, and extended, on the last occasion, for two years until 31 December 1984 by Decision 82/871/EEC (3);
Whereas it is appropriate that the Member States obligations remain in force until the definitive stage of the European Monetary System is established,