Document ID: 31994D0367

COUNCIL DECISION of 14 June 1994 on the continuation of the joint action adopted by the Council on the basis of Article J.3 of the Treaty on European Union on the inaugural conference on the Stability Pact (94/367/CFSP)
THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on European Union, and in particular Articles J.3 and J.11 thereof,
Having regard to the conclusions of the European Council meetings on 21 and 22 June 1993, on 29 October 1993 and on 10 and 11 December 1993,
Having regard to Council Decision 93/728/CFSP of 20 December 1993 (1),
HAS DECIDED AS FOLLOWS:
Article 1
The joint action agreed on by the abovementioned Council Decision shall be continued with a view to the conclusion of the Stability Pact.
Article 2
The action shall be conducted in accordance with the concluding documents adopted by the inaugural conference on the Stability Pact in Paris on 27 May 1994, as annexed hereto.
Article 3
The Council requests the Commission to direct its activity towards attainment of the objectives of the joint action by means of appropriate economic measures, in the framework of the implementation of Community programmes.
Article 4
Expenditure relating to the organization of meetings convened by the Union in the context of the Conference on Stability away from the seats of the institutions shall constitute administrative expenditure in so far as such expenditure exceeds the costs usually borne by host countries. Regular reports shall be submitted to the Council on financial arrangements in connection with follow-up to the Conference.
Article 5
The Council shall examine the progress made in achieving the objective of the joint action in due course and at the latest in a year's time.
Article 6
This Decision shall enter into force as of today's date.
Article 7
This Decision shall be published in the Official Journal.
Done at Luxembourg, 14 June 1994.

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