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Abstract

Proposal for a Council Decision amending Decision 2003/77/EC laying down multiannual financial guidelines for managing the assets of the ECSC in liquidation and, on completion of the liquidation, the Assets of the Research Fund for Coal and Steel, COM(2007)435 final
Article 2 of Council Decision 2003/77/EC (the "Financial Guidelines") states "that the Commission shall reassess the operation and effectiveness of the financial guidelines and shall propose any appropriate amendments" every five years and, for the first time, before 31 December 2007. The amendments proposed are the result of the first such review in the light of the experience gained in the first five years of operation and of recent market developments.
The objective is to further enhance the efficiency of the Financial Guidelines by adapting them to market developments and by clarifying certain concepts.

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Record Number: 8689 / Last updated on: 2007-09-03
Category: COM DOCUMENT
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