Article 1 
1. The Community shall guarantee in full vis-à-vis the European Investment Bank any payments not received by it but due under loans granted, in accordance with its usual criteria, in respect of investment projects carried out in the central and eastern European countries (Poland, Hungary, the Czech Republic, the Slovak Republic, Romania, Bulgaria, Estonia, Latvia, Lithuania and Albania). This guarantee shall be restricted to an overall loan ceiling of ECU 3 000 million over a period of three years beginning on the date this Decision takes effect. If, on expiry of this period, the loans granted by the Bank have not attained the overall amount referred to above, the three-year period shall be automatically extended by six months. 2. The loan guarantee ceiling referred to in the second subparagraph of paragraph 1 shall include the provisions adopted in respect of investments in Estonia, Latvia and Lithuania. Article 2 The Commission shall inform the European Parliament and the Council every six months of the situation regarding loans signed. To that end, the Bank shall regularly transmit to the Commission the appropriate information. Article 3 The Commission shall inform the European Parliament and the Council each year of the loan operations and shall at the same time submit an assessment of the operation of the scheme and of coordination between the financial institutions operating in that area. Article 4 The Bank and the Commission shall fix the terms on which the guarantee is to be given. Article 5 This Decision shall take effect on the day of its publication in the Official Journal of the European Communities. Done at Brussels, 13 December 1993. For the Council The President Ph. MAYSTADT (1) OJ No C 160, 12. 6. 1993, p. 8. (2) OJ No C 315, 22. 11. 1993. (3) OJ No L 42, 16. 2. 1990, p. 68. (4) OJ No L 123, 18. 5. 1991, p. 44.
Article 2 
The Commission shall inform the European Parliament and the Council every six months of the situation regarding loans signed. To that end, the Bank shall regularly transmit to the Commission the appropriate information. Article 3 The Commission shall inform the European Parliament and the Council each year of the loan operations and shall at the same time submit an assessment of the operation of the scheme and of coordination between the financial institutions operating in that area. Article 4 The Bank and the Commission shall fix the terms on which the guarantee is to be given. Article 5 This Decision shall take effect on the day of its publication in the Official Journal of the European Communities. Done at Brussels, 13 December 1993. For the Council The President Ph. MAYSTADT (1) OJ No C 160, 12. 6. 1993, p. 8. (2) OJ No C 315, 22. 11. 1993. (3) OJ No L 42, 16. 2. 1990, p. 68. (4) OJ No L 123, 18. 5. 1991, p. 44.
Article 3 
The Commission shall inform the European Parliament and the Council each year of the loan operations and shall at the same time submit an assessment of the operation of the scheme and of coordination between the financial institutions operating in that area. Article 4 The Bank and the Commission shall fix the terms on which the guarantee is to be given. Article 5 This Decision shall take effect on the day of its publication in the Official Journal of the European Communities. Done at Brussels, 13 December 1993. For the Council The President Ph. MAYSTADT (1) OJ No C 160, 12. 6. 1993, p. 8. (2) OJ No C 315, 22. 11. 1993. (3) OJ No L 42, 16. 2. 1990, p. 68. (4) OJ No L 123, 18. 5. 1991, p. 44.
Article 4 
The Bank and the Commission shall fix the terms on which the guarantee is to be given. Article 5 This Decision shall take effect on the day of its publication in the Official Journal of the European Communities. Done at Brussels, 13 December 1993. For the Council The President Ph. MAYSTADT (1) OJ No C 160, 12. 6. 1993, p. 8. (2) OJ No C 315, 22. 11. 1993. (3) OJ No L 42, 16. 2. 1990, p. 68. (4) OJ No L 123, 18. 5. 1991, p. 44.
Article 5 
This Decision shall take effect on the day of its publication in the Official Journal of the European Communities. Done at Brussels, 13 December 1993. For the Council The President Ph. MAYSTADT (1) OJ No C 160, 12. 6. 1993, p. 8. (2) OJ No C 315, 22. 11. 1993. (3) OJ No L 42, 16. 2. 1990, p. 68. (4) OJ No L 123, 18. 5. 1991, p. 44.