Important legal notice

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52005SC0194

Recommendation for a Council Decision giving notice to Greece, in accordance with Article 104(9) of the EC Treaty, to take measures for the deficit reduction judged necessary in order to remedy the situation of excessive deficit  /* SEC/2005/0194 final */

	Brussels, 9.2.2005SEC(2005) 194 finalRecommendation for aCOUNCIL DECISIONgiving notice to Greece, in accordance with Article 104(9) of the EC Treaty, to take measures for the deficit reduction judged necessary in order to remedy the situation of excessive deficit(presented by the Commission)EXPLANATORY MEMORANDUMTHE EXCESSIVE DEFICIT FOR GREECEThe excessive deficit procedure (EDP) is governed by Article 104 of the Treaty and by Regulation (EC) N°1467/97 of 7 July 1997 on speeding up and clarifying the implementation of the excessive deficit procedure, which is part of the Stability and Growth Pact. It is completed by the political commitments enshrined in the Resolution of the Amsterdam European Council on the Stability and Growth Pact of 17 June 1997.The Greek authorities submitted on 4 May 2004 a revised EDP notification with a deficit of 3.2% of GDP for 2003. Although it was aware that this figure was provisional because it had not been certified by Eurostat, the Commission, taking into account its spring 2004 forecasts considered that this notification provided prima facie evidence for the existence of an excessive deficit in Greece in the sense of Article 104 of the Treaty. The Commission initiated the Excessive Deficit Procedure for Greece on 19 May 2004, with the adoption of the report foreseen in Article 104(3) of the Treaty. After examining the relevant factors taken into account in its report and regarding to the opinion formulated by Economic and Financial Committee (EFC) on 2 June 2004 in conformity with Article 104(4), the Commission adopted on 24 June 2004 an Opinion in conformity with Article 104(5) stating that an excessive deficit exists in Greece. The Council decided accordingly, in conformity with Article 104(6), on 5 July 2004. At the same time, the Council adopted a recommendation, according to Article 104(7) of the Treaty, addressed to Greece with a view to bringing the excessive deficit situation to an end by 2005. The Council established the deadline of 5 November 2004 for the Greek government to take appropriate measures to this end.On 22 December 2004, in accordance with the provisions of Article 104(8) of the Treaty and of Article 4(1) of Regulation (EC) No 1467/97, the Commission recommended the Council to decide that no effective action has been taken in response to the recommendations addressed under Article 104(7) within the period laid down in this Recommendation. The Council decided accordingly on 18 January 2005. The Council acknowledged that the Greek government implemented measures in 2004 aimed at curbing the rising deficit and the 2005 budget projects measures leading to a significant budgetary adjustment.According to Article 5 of Regulation (EC) No 1467/97, any Council decision to give notice to the participating Member State concerned to take measures for the deficit reduction in accordance with Article 104(9) shall be taken within one month of the Council decision establishing that no effective action has been taken in accordance with Article 104(8).THE DEADLINE TO CORRECT THE EXCESSIVE DEFICITAccording to the Commission services autumn 2004 forecasts, the 2005 deficit is projected at 3.6% of GDP. While the Council recommendation under Article 104(7) set the deadline of 2005 for correcting the excessive deficit, the Council when issuing the “notice” under Article 104(9) can decide to confirm such a deadline or set a new one. Several elements have to be considered when defining the correction deadline in the specific case of Greece:The currently estimated deficit outturn for 2004 will be substantially higher than expected when the Council adopted the recommendation according to Article 104(7). The Greek government data validated by Eurostat on 4 May 2004 was significantly revised in the September 2004 notification. According to the Commission services autumn 2004 forecasts, the general government deficit would attain 5.5% of GDP in 2004, compared with the 3.2% of GDP projected in spring and the 1.2% of GDP targeted in the original 2004 budget. This slippage is explained not only by the statistical revisions, carried out in cooperation with Eurostat to correctly apply the ESA 95 statistical system, and by expenditure overruns associated with the organisation of the Olympic Games, but also by slippages in some revenue and spending items, which had not been correctly estimated in the 2004 budget. Such slippages more than offset the restraining measures announced for 2004.The deficit of 3.6% of GDP projected by the Commission services for 2005 contrasts with the deficit of 2.8% of GDP targeted in the 2005 budget approved by the Greek Parliament. The difference between the target in the official budget and the Commission services forecasts is mainly explained by three factors: (i) a difference of 0.2 percentage point of GDP in interest payments in the projected deficit outturn for 2004; (ii) differences in growth projections in 2005 (3.3% according to the Commission services, 3.9% according to the official budget), and (iii) a different assessment by the Commission services of the budgetary impact of some of the measures included in the 2005 budget, especially social security contributions, the wage bill and social transfers.Over and above these two elements, recent confidence and leading indicators, as well as by quarterly data, indicates that the GDP growth rate of 3.3% for 2005 projected by Commission services autumn 2004 forecast could be revised downwards in the spring 2005 forecasts[1]. Moreover, the deficit outturn for 2004 may be higher than the 5.5% of GDP estimated in the Commission services autumn 2004 forecast, which might have carryover effects in 2005[2].Given these factors, the adjustment necessary to bring the 2005 nominal deficit below the 3% of GDP threshold should be of at least 2.6% of GDP. This would be no less than 0.7 percentage point of GDP higher than the adjustment projected by the Commission services on the basis of the measures outlined in the official 2005 budget. While budgetary consolidation is important for growth in the medium term, especially if it is of the right composition, too large an effort in a single year may prove economically costly.Nevertheless, the almost permanent excessive deficit situation of the Greek public finances, as revealed by the September EDP notification, coupled with the high level of debt and its unsatisfactory reduction path, are matters of serious concern. If Greece’s budgetary imbalances are not corrected, they will weigh on economic agents’ expectations and be damaging for both growth and long-term sustainability.FISCAL POLICY REQUIREMENTS IN 2005 AND 2006In view of the above, the Commission considers that extending to 2006 the deadline that the Council set in July 2004 for the elimination of the excessive deficit in Greece would set up the conditions for a balanced and lasting correction. Specifically, where 2005 is concerned, it is appropriate that the Greek government implements with rigour the measures approved by its Parliament in the 2005 budget, which, in the light of the Commission services growth projection of 3.3% for 2005 and the expected deficit outturn of 5.5% of GDP for 2004, are estimated to lead to a nominal deficit of 3.6% of GDP. This would make it possible to catch up in 2005 on the insufficient adjustment in 2004 and to establish a credible basis on which to bring the deficit clearly below 3% of GDP in 2006.If the growth rate in 2005 and/or the 2004 deficit outturn are better than projected in the Commission services autumn 2004 forecasts, the Greek authorities are expected to use the additional room for manoeuvre to accelerate the deficit reduction. In the opposite case, the Greek government should keep the 2005 slippage to the minimum justified by the lower growth rate and/or by the higher 2004 deficit outturn, while taking advantage of any possible budgetary savings to compensate the slippage to the largest feasible extent.Given the expected deficit outturn of 3.6% of GDP for 2005, bringing the deficit below the 3% threshold in the current year will require a nominal adjustment of at least 0.7 percentage point of GDP in the current year. Although there is much uncertainty surrounding growth prospects in Greece in 2006, the Commission services autumn 2004 forecast projects a central scenario in which real growth is expected to remain at a similar rate as in 2005, namely 3.3%. Furthermore, the excess of actual output over potential (almost 2% of potential output) is projected not only to remain high but also to slightly widen. Under a no policy change scenario, such widening should have an automatic positive effect on government accounts, improving the nominal deficit by around 0.1% of GDP. Consequently, given the projected growth rate of 3.3% in 2006 and the 2005 deficit outturn of 3.6% of GDP, the correction of the excessive deficit in 2006 would require measures of a permanent nature leading to a correction of the deficit of at least 0.6% of GDP.In addition, beyond 2006, achieving an underlying budgetary position of close to balance or in surplus in the medium term is important in order to ensure a rapid reduction in the debt-to-GDP ratio, while avoiding excessive deficits. Consequently, as requested by the 2003-2005 Broad Economic Policy Guidelines, the Greek authorities should commit to continue reducing the cyclically-adjusted deficit by at least 0.5 percentage points of GDP per year.OTHER POLICY REQUIREMENTSAfter the upwards statistical revisions carried out in 2004, the Greek debt-to-GDP ratio rose to almost 110% in 2003, the highest level in the EU, well above the 60% reference value of the Treaty. The Commission services autumn 2004 forecasts project the debt ratio to stabilise at around 112% of GDP in 2004 and 2005 and then to fall only marginally about 110% in 2006. Albeit decreasing, the contribution of factors (below-the-line operations) other than net borrowing and nominal GDP growth, which have partially driven up debt in the past years, is projected to amount to 3 percentage points of GDP in 2005 and to 2 points in 2006. Although these developments of the so-called stock-flow adjustment represent an improvement respect to the past, it still remains high and is preventing the debt ratio from declining at a satisfactory pace. Consequently, it is necessary that the Greek government takes further action in order to identify and control factors other than net borrowing which contribute to the change in debt levels.Where the statistical system is concerned, Greece has tackled a number of issues raised by Eurostat. However, as explained by the Commission in the letter giving formal notice of the infringement procedure No 2004/2234, open to Greece on 1 December, there are a number of elements which, in the view of the Commission, are questioning the adequacy of the mechanisms to ensure the prompt and correct supply of the information required by the existing legal framework. Therefore, further efforts are needed to improve the collection and processing of general government data, notably by enhancing such mechanisms.** *In view of the above findings, the Commission recommends the Council to give notice to Greece in accordance with Article 104(9) to take measures for the deficit reduction the Council judges necessary in order to remedy the situation of excessive government deficit by 2006 at the latest. The Commission also recommends that a report be submitted before 21 March 2005, outlining measures to be implemented in compliance with this Council decision. In particular, the report should include a description of the measures to be implemented in 2005 to reduce the budget deficit, assessing the implications of the 2004 deficit outturn disclosed in the March EDP notification of 2005, and the risks associated to the macroeconomic scenario. Greece should also include in this report a description as precise as feasible of the measures to be implemented in 2006 to reduce the deficit. The Commission and the Council will examine the report with a view to assessing compliance with this Council decision. The Commission also recommends, in accordance with Article 104(9), to request Greece to submit reports in accordance with a specific calendar. The Commission and the Council will examine such reports with a view to regularly assessing compliance with this decision.Recommendation for aCOUNCIL DECISIONgiving notice to Greece, in accordance with Article 104(9) of the EC Treaty, to take measures for the deficit reduction judged necessary in order to remedy the situation of excessive deficitTHE COUNCIL OF THE EUROPEAN UNIONHaving regard to the Treaty establishing the European Community, and in particular Article 104(9) thereof,Having regard to the recommendation from the Commission under Article 104(9),Whereas:According to Article 104(1) of the Treaty, Member States shall avoid excessive government deficits.The Stability and Growth Pact is based on the objective of sound government finances as a means of strengthening the conditions for price stability and for strong sustainable growth conducive to employment creation. The Stability and Growth Pact includes Council Regulation (EC) No 1467/97 of 7 July 1997 on speeding up and clarifying the implementation of the excessive deficit procedure[3].The Amsterdam Resolution of the European Council of 17 June 1997 on the Stability and Growth Pact[4] solemnly invites all parties, namely the Member States, the Council and the Commission to implement the Treaty and the Stability and Growth Pact in a strict and timely manner.By Council Decision 2004/917/EC[5], of 5 July 2004, it was decided, in accordance with Article 104(6) of the Treaty, that an excessive deficit existed in Greece.In accordance with Article 104(7) of the Treaty and Article 3(4) of Regulation (EC) No 1467/97, the Council addressed a Recommendation to Greece on 5 July 2004 establishing the deadline of 5 November 2004 for Greece to take measures to bring the existence of an excessive deficit to an end in 2005 at the latest.When Decision 2004/917/EC was adopted, the Greek government data notified on 4 May 2004 was significantly revised in the September 2004. The deficit figure for 2003 rose to 4.6% of GDP (from the 3.2% notified on 4 May), while, according to the Commission autumn 2004 forecasts, the general government deficit was likely to reach 5.5% of GDP in 2004, compared with the 3.2% projected in spring. Furthermore, the measures approved by the Greek Parliament in the 2005 budget would not ensure that the general government deficit is brought below 3% of GDP in 2005. According to the Commission autumn 2004 forecasts, which projected a growth rate of 3.3% in 2005, the measures included in the Greek budget for 2005 are projected to lead to a nominal deficit of 3.6% of GDP, which is above the 3% threshold.By Council Decision 2005/XXX/EC, it was established, in accordance with Article 104(8) of the Treaty, that no effective action had been taken in response to the Council Recommendation according to article 104(7) of 5 July 2004.According to Article 104(9), if a Member State persists in failing to put into practice the recommendations of the Council, the Council may decide to give notice to the Member State to take, within a specified tiem limit, measures for the deficit reduction. Article 5 of Regulation (EC) No 1467/97, provides that any Council decision to give such notice shall be taken within one month of the Council decision establishing that no effective action has been taken in accordance with Article 104(8).The following factors should be taken into account in determining the recommendations to be included in the notice. First the estimated deficit outturn for 2004 will be substantially higher than expected when the recommendation under Article 104(7) was adopted and the slippages more than offset the restraining measures implemented for 2004. As a result, the entire fiscal effort to be made in order to correct the excessive deficit by 2005 at the latest, as called for in the Council recommendation under Article 104(7) of the Treaty, should take place in the current year. Secondly, according to the Commission’s autumn 2004 forecasts, if fully implemented, the measures in the budget adopted by the Greek Parliament for 2005 would lead to a deficit reduction of 1.9 percentage points of GDP. This represents a considerable improvement of the fiscal position, but would be insufficient to bring the nominal deficit below the 3% threshold. Finally, this additional adjustment might become even higher if a number of risks on the macroeconomic scenario for 2005 and the fiscal outturn for 2004 materialise. Taking these elements into account, the total adjustment necessary to correct the excessive deficit in 2005 could be higher than 2.6 percentage points of GDP, which would require additional measures of a permanent nature leading to a correction in the deficit of at least 0.7 percentage point of GDP. Such an effort in a single year may prove economically costly.In the light of these factors, it appears that the deadline which was set in July 2004 for the elimination of the excessive deficit in Greece should be extended by one year.On the basis of a growth rate of 3.3% in the Commission services autumn 2004 forecasts for 2005 and 2006, and given the risks on the macroeconomic and budgetary outlooks, a rigorous implementation of the 2005 budget, together with measures of a permanent nature leading to a correction in the deficit of at least 0.6% of GDP in 2006 would result in a deficit of 3.6% of GDP in 2005 and bring it below 3% of GDP in 2006.The Commission services autumn 2004 forecast project the debt ratio to stabilise at around 112% of GDP in 2004 and 2005, and to fall only marginally about 110% in 2006. This is the highest debt level in the EU, and is well above the 60% reference value of the Treaty. Moreover, the contribution to the changes in debt levels of factors other than net borrowing is also high. It is necessary that the Greek authorities should continue to pay due attention to such factors in order to reduce the debt ratio at a satisfactory pace, consistent with the projections for the general government balance and nominal GDP growth.In view of significant statistical revisions, and in order to allow for an adequate monitoring of the situation of public finances in Greece, further efforts are needed to improve the collection and processing of general government data required by the existing legal framework, notably by enhancing the mechanisms that ensure the prompt and correct supply of these data.Greece should submit a report to the Commission before 21 March 2005, outlining measures to be implemented in order to comply with this Decision. In particular, the report should include a description of the measures to be implemented in 2005 to reduce the budget deficit, assessing the implications of the 2004 deficit outturn to be disclosed in the excessive deficit procedure notification in March 2005, and the risks associated with the macroeconomic scenario. Greece should also include in that report as precise a description as possible of the measures to be implemented in 2006 to reduce the deficit. The Commission and the Council should examine that report with a view to assessing compliance with this decision.According to the second subparagraph of Article 104(9) of the Treaty, the Council may request Greece to submit reports in accordance with a specific timetable in order to examine the adjustment efforts made in order to comply with this Decision. It is appropriate for Greece to submit reports just after the deadlines for reporting government deficits and debt provided for by Article 4 of Regulation (EC) No 3605/93, in order to enable the Commission to assess compliance with this decision.In the view of the Council, adjustment measures should secure a lasting improvement in the general government balance. In order to ensure a sustained budgetary consolidation towards the medium term position of government finances close to balance or in surplus, as prescribed by the Stability and Growth Pact, a reduction in the cyclically-adjusted deficit by at least 0.5% of GDP per year is necessary after the correction of the excessive deficit.HAS ADOPTED THIS DECISION:Article 11. Greece shall put an end to the present excessive deficit situation as rapidly as possible and at the latest by 2006 through:(i) a rigorous implementation of the 2005 budget as approved by its Parliament. This, on the basis of the macroeconomic scenario in the Commission’s autumn 2004 forecast, and given the projected deficit outturn of 5.5% of GDP in 2004, should result in a nominal deficit of around 3.6% of GDP in 2005;(ii) implementing in 2006 adjustment measures of a permanent nature leading to a correction in the deficit of at least 0.6 percentage point of GDP. This, on the basis of the macroeconomic scenario in the Commission’s autumn 2004 forecast, and if the 2005 budget is fully implemented, as set out in point (i), should bring the general government deficit below 3% of GDP;2. Greece shall further pursue the efforts to identify and control factors other than net borrowing, which contribute to the change in debt levels, with a view to ensuring that the government gross debt ratio diminishes sufficiently and approaches the reference value at a satisfactory pace in line with the correction of the excessive deficit;3. Greece shall further pursue the efforts to improve the collection and processing of general government data, notably by enhancing the mechanisms that ensure the prompt and correct supply of the general government data required by the existing legal framework.Article 21. Greece shall submit, by 21 March 2005 at the latest, a report outlining the decisions to respect the recommendations of this Decision. The Commission and the Council will analyse the report with a view to assessing compliance by Greece with this Decision;2. Greece shall submit reports by 31 October 2005, 30 April 2006 and 31 October 2006, examining progress made in respecting the recommendations of this decision.These reports will be examined by the Commission and the Council with a view to assessing compliance by Greece with this Decision.Article 3Greece shall take the necessary measures to ensure that budgetary consolidation towards the medium term position of government finances close to balance or in surplus is sustained through a reduction in the cyclically-adjusted deficit by at least 0.5% of GDP per year after the excessive deficit has been corrected.Article 4Greece shall take effective action to comply with this Decision by 21 March 2005.Article 5This Decision is addressed to the Hellenic Republic.Done at Brussels,For the Council [1] Confidence indicators published by Commission services point to a worsening of the economic situation. The Consensus forecasts of January 2005 project a growth rate of 2.7% in Greece in 2005, while the growth rate projected by the IMF in its World Economic Outlook of September 2004 was 3.0%. In the same line, developments in the OECD leading indicators might be anticipating a deceleration of growth in 2005.[2] Data published by the Bank of Greece (Bulletin of Cojunctural Indicators) and the Accounting Office (Kratikos Proypologismos, November 2004) on the deficit in cash basis provide some indication of a non-negligible risk of overshooting in the State sector in 2004. However, a correct interpretation of these data needs to take into account that the Social Security sector might partially compensate the slippage, while the government usually collects significant VAT receipts at the end of the year and over the first two months of the year after.[3] OJ L 209, 2.8.1997, p .6.[4] OJ C 236, 2.8.1997, p .1.[5] OJ L 389, 31.12.2004, p. 25.


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52011PC0086

Recommendation for a COUNCIL DECISION amending for the third time Council Decision 2010/320/EU of 10 May 2010 addressed to Greece with a view to reinforcing and deepening the fiscal surveillance and giving notice to Greece to take measures for the deficit reduction judged necessary to remedy the situation of excessive deficit  /* COM/2011/0086 final  */

	[pic] | EUROPEAN COMMISSION |Brussels, 24.2.2011COM(2011) 86 finalRecommendation for aCOUNCIL DECISIONamending for the third time Council Decision 2010/320/EU of 10 May 2010 addressed to Greece with a view to reinforcing and deepening the fiscal surveillance and giving notice to Greece to take measures for the deficit reduction judged necessary to remedy the situation of excessive deficitRecommendation for aCOUNCIL DECISIONamending for the third time Council Decision 2010/320/EU of 10 May 2010 addressed to Greece with a view to reinforcing and deepening the fiscal surveillance and giving notice to Greece to take measures for the deficit reduction judged necessary to remedy the situation of excessive deficitTHE COUNCIL OF THE EUROPEAN UNION,Having regard to the Treaty on the functioning of the European Union (TFEU), and in particular Article 126 (9) and Article 136 thereof,Having regard to the recommendation from the Commission,Whereas:(1) Article 136 (1) (a) TFEU foresees the possibility of adopting measures specific to the Member States whose currency is the euro with a view to strengthening the coordination and surveillance of their budgetary discipline.(2) Article 126 establishes that Member States shall avoid excessive government deficits and sets out the excessive deficit procedure to that effect. The Stability and Growth Pact, which in its corrective arm implements the excessive deficit procedure, provides the framework supporting government policies for a prompt return to sound budgetary positions taking account of the economic situation.(3) On 27 April 2009, the Council decided, in accordance with Article 104 (6) of the Treaty establishing the European Community that an excessive deficit existed in Greece.(4) On 10 May 2010, the Council adopted a Decision addressed to Greece under Article 126 (9) and Article 136 with a view to reinforcing and deepening the fiscal surveillance and giving notice to take measures for the deficit reduction judged necessary to remedy the situation of excessive deficit at the latest by the deadline of 2014 (hereinafter "the Decision").[1] The Council established the following path for the deficit correction: government deficits not exceeding EUR 18 508 million in 2010, EUR 17 065 million in 2011, EUR 14 916 million in 2012, EUR 11 399 million in 2013 and EUR 6 385 million in 2014.(5) According to the forecast available at the time the Council adopted the Decision, real GDP was expected to contract by 4% in 2010 and 2½ % in 2011, and recover afterwards, with growth rates of 1.1% in 2012, and 2.1% in 2013 and 2014. GDP deflator was expected to be 1.2%, -0.5%, 1.0%, 0.7% and 1.0% from 2010 to 2104, respectively. Given economic developments, real GDP is now expected to contract by 4¼% in 2010 and 3% in 2011 and recover afterwards with growth rates of 1.1% in 2012, and 2.1% in 2013 and 2014. GDP deflators are now expected to be 3.0%, 1.6%, 0.4%, 0.8% and 1.2% from 2010 to 2014, respectively.(8) On 12 February 2011, Greece submitted to the Council and the Commission a report outlining the policy measures taken to comply with the Decision. The Commission assessed the report and concluded that Greece is satisfactorily complying with the Decision.[2] However, it must be avoided that the deficit target for 2011 is missed as happened for 2010.(9) In light of the above considerations, it appears appropriate to revise the Decision in a number of respects, while keeping unchanged the deadline for the correction of the excessive deficit and the adjustment path for the government deficit and the increase of government debt in nominal terms.HAS ADOPTED THIS DECISION:Article 1Decision 2010/320/EU is amended as follows:1. in Article 2 (4), point (d) is replaced by:"(d) a medium-term budgetary strategy plan which identifies permanent fiscal consolidation measures of at least 8 percent of GDP, plus a contingency reserve, that will ensure the achievement of deficit targets up to 2014, and that the debt-to-GDP ratio is put on a sustainable downward path.. The strategy plan will be published for public consultation before end March. The medium-term strategy plan includes, in particular: prudent macroeconomic forecasts; baseline revenue and expenditure projections for the state and for the other government entities; a description of permanent fiscal measures, their timing and their quantification; annual spending ceilings for each ministry and fiscal targets for other government entities through 2014; post-measures fiscal projections for general government in line with the deficit and debt targets; longer-term debt projections based on prudent macroeconomic projections, stable primary surpluses from 2014 on, and privatisation plans. The medium-term strategy plan will be articulated with the ongoing healthcare and pension reforms and with specific sectoral plans. The sectoral plans (draft plans to be available by end-March), will cover in particular: tax policy reforms; state-owned enterprises; extra budgetary funds (legal entities of the public sector and earmarked accounts); public wage bill; public administration; social spending; public investment and military spending. Each sectoral plan will be managed by interministerial taskforces."2. in Article 2 (4), point (e) is replaced by:"(e) an anti-evasion plan which includes quantitative performance indicators to hold revenue administration accountable; legislation to streamline the administrative tax dispute and judicial appeal processes and the required acts and procedures to better address misconduct, corruption and poor performance of tax officials, including prosecution in cases of breach of duty; publication of monthly reports of the five anti-evasion taskforces, including a set of progress indicators."3. in Article 2 (4), point (f) is replaced by:"(f) a detailed action plan with a timeline to complete and implement the simplified remuneration system; preparation of a medium-term human resource plan for the period up to 2013 in line with the rule of 1 recruitment for 5 exits, also specifying plans to reallocate qualified staff to priority areas; publication of monthly data on staff movements (entries, exits, transfers among entities) of the several government departments."4. in Article 2 (4), point (g) is replaced by:"(g) implementation of the comprehensive reform of the health care system started in 2010 with the objective to keep public health expenditure at or below 6 percent of GDP; measures yielding savings on pharmaceuticals of at least EUR 2 billion relative to the 2010 level, of which at least EUR 1 billion in 2011; improvement in the accounting and billing systems of hospitals, through: finalising the introduction of double-entry accrual accounting systems in all hospitals; the use of the uniform coding system and a common registry for medical supplies; the calculation of stocks and flows of medical supplies in all the hospitals using the uniform coding system for medical supplies; the collection of co-payments from patients in all National Health System facilities; and the timely invoicing of treatment costs (no later than 2 months) to Greek social security funds, other Member States and private health insurers; and ensure that at least 50 % of the volume of medicines used by public hospitals by the end of 2011 is composed of generics and off-patent medicines by making it compulsory for all public hospitals to procure pharmaceutical products by active substance."5. in Article 2 (4), point (k) is replaced by:"(k) adoption of a law to establish the Single Public Procurement Authority in line with the Action Plan; development of an e-procurement IT platform and setting up of intermediate milestones in line with the Action Plan, including: testing a pilot version, availability of all functionalities for all contracts and phasing-in of the mandatory use of e-procurement system for supplies, services and works contracts".6. in Article 2 (4), the following point is added:"(l) an act specifying the qualification and responsibilities of accounting officers to be appointed in all line ministries and major government entities with the responsibility to ensure sound financial controls; appointment of financial accounting officers; acceleration of the process of establishing commitment registries and operational registries covering the whole general government (except the smallest entities)."7. in Article 2 (5), the following point is added:"(i) publication of an inventory of state-owned assets, including stakes in listed and non-listed enterprises and commercially viable real estate and land and an estimation of the values of these assets; establishment of a General Secretariat of Real Estate in order to improve coordination and accelerate the privatisation and asset management program; on the basis of this inventory, privatisation plans are revised and accelerated."8. in Article 2 (6), the following point is added:"(f) Building on the inventory of commercial state-owned real-estate assets (to be published by June 2011), elaboration of a medium-term plan to divest state assets, revision of the privatisation receipts planned for 2011-12 and extension of the plan through 2015."9. Article 2 (8) is added:"Greece shall adopt the following measures by the end of March 2012:(a) a reform of the secondary/supplementary pension schemes, by merging funds and starting the calculation of benefits on the basis of the new notional defined-contribution system; freezing of nominal supplementary pensions and reduction of the replacement rates for accrued rights in funds with deficits, based on the actuarial study prepared by the National Actuarial Authority. In case the actuarial study is not ready, replacement rates are reduced, starting from 1 January 2012, to avoid deficits."Article 2This Decision shall take effect on the day of its notification.Article 3This Decision is addressed to the Hellenic Republic.Done at Brussels, […]For the CouncilThe President […][1] Council Decision 2010/320/EU (OJ L 145, 11.6.2010, p. 6).[2] Commission Communication COM(2011) final …. of [XX] March 2011.


Important legal notice

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52005SC1793

Council Decision authorising the Commission to open negotiations for Community participation in the Diplomatic Conference to be held in Singapore on 13 to 31 March 2006 by the World Intellectual Property Organisation (WIPO) to adopt the revised Trademark Law Treaty  /* SEC/2005/1793 final */

	[pic] | COMMISSION OF THE EUROPEAN COMMUNITIES |Brussels, 11.1.2006SEC(2005)1793 finalRecommendation for aCOUNCIL DECISIONauthorising the Commission to open negotiations for Community participation in the Diplomatic Conference to be held in Singapore on 13 to 31 March 2006 by the World Intellectual Property Organisation (WIPO) to adopt the revised Trademark Law Treaty(presented by the Commission)EXPLANATORY MEMORANDUM1. Purpose of the TreatyA Diplomatic Conference is to be held in Singapore on 13 to 31 March 2006 by the World Intellectual Property Organisation (WIPO) to prepare and adopt a revised Trademark Law Treaty.The Trademark Law Treaty concluded in Geneva on 27 October 1994 (hereinafter referred to as “TLT 1994”) deals with procedural provisions intended to simplify administrative procedures regarding trademarks. It does not address substantive rules related to trademarks. There are no compatibility problems with other international instruments, in particular with the Agreement on Trade-Related Aspects of Intellectual Property Rights (the 1994 TRIPS Agreement), which it supplements.Since 1994, users have been benefiting from the simplification of the administrative procedures for registering trademarks. Nonetheless, there are still certain procedural aspects which could be made clearer or added. For this reason, the Standing Committee on the Law of Trademarks, Industrial Designs and Geographical Indications (SCT) worked on revising the TLT 1994 over seven sessions, with a view, in particular, to preparing a TLT Assembly and to introducing into the Treaty elements concerning electronic filing and other procedures. The discussions which took place were based on the following document:Revised Treaty and Regulations: “Basic Proposal” (document TLT/DC/3 of 3 January 2005)The goal of the Diplomatic Conference is to adopt a new revised Treaty.2. Rules of Procedure for the Diplomatic ConferenceThe Diplomatic Conference will base its Rules of Procedure on the basis of the prepared draft (TLT/R/PM/2 of 3 January 2005). This largely takes over the Rules of Procedure for the Diplomatic Conference for the Adoption of a New Act of the Hague Agreement Concerning the International Registration of Industrial Designs, which took place in June and July 1999.The delegations of the States members of WIPO will be referred to as “Ordinary Member Delegations”. It is proposed that the European Community be referred to as a “Special Member Delegation”. A Special Member Delegation would have the same status in the Diplomatic Conference as an Ordinary Member Delegation, except that it could not be a member of the Credentials Committee and would not have the right to vote (cf. point 7 of document TLT/R/PM/2). All decisions would be made as far as possible by consensus.3. Interest of the Community in the planned TreatyThe planned revised Treaty concerns the European Community in that the provisions in question could apply to the Community trademark[1] if the Community were to decide to accede to the Treaty in future. As for national trademarks, the current Community harmonisation[2] concerns aspects which are not covered by the planned Treaty. It is therefore up to the Member States to express themselves with regard to the issues related to national trademarks.The Community trademark justifies the exercise of jurisdiction by the Community.The Community trademark does not replace national trademarks. Rather, it is an independent addition which is valid throughout the Community. The Community trademark and national trademarks coexist and are legally separate and independent from each other with regard to both the substantive and procedural rules which apply and to the offices in charge of issuing them.The Community is responsible for ensuring that the new revised Treaty is not incompatible with Regulation (EC) No 40/94 on the Community trademark in case the European Community were to decide to accede to the Treaty in future.4. The Major Issues in the Treaty Discussed were the FollowingThe major issues in the revised Treaty which were discussed were the following.Marks to Which the Treaty Applies (Article 2)Whether the current Treaty could be applied to non-visual trademarks (sound or olfactory trademarks) if national legislation provides for this.Electronic filing (Article 8)Whether communication and transmittal of documents to the offices of Contracting Parties may be electronic.Relief Measures in Case of Failure to Comply with Time Limits (Article 14)With regard to relief measures after failure to comply with a time limit, one or more of the following may be provided for: extension of the time limit, continued processing, or reinstatement of rights.Licences (Article 17)Provisions regarding the harmonisation and simplification of requests for recordals of licences, and provisions regarding the rights of the holder if the mark is used under licence.Assembly (Article 24)The creation of an Assembly of the Contracting Parties makes it possible to amend the Treaty or perform other functions without arranging a Diplomatic Conference. With regard to taking decisions in the Assembly, any Contracting Party that is an intergovernmental organisation (for example, the European Commission) may participate in the vote, in place of its Member States, with a number of votes equal to the number of its Member States which are party to this Treaty. No such intergovernmental organisation shall participate in the vote if any one of its Member States exercises its right to vote and vice versa. This is the same approach taken by the Geneva Act of the Hague Agreement, which the European Community accepted.Recommendation for aCOUNCIL DECISIONauthorising the Commission to open negotiations for Community participation in the Diplomatic Conference to be held in Singapore on 13 to 31 March 2006 by the World Intellectual Property Organisation (WIPO) to adopt the revised Trademark Law TreatyHAS DECIDED AS FOLLOWS:Sole ArticleAt the Diplomatic Conference to be held by WIPO in Singapore on 13 to 31 March 2006 in order to prepare and adopt a revised Trademark Law Treaty, the Commission is authorised to negotiate, in consultation with the Special Committee designated by the Council, and in accordance with the directives contained in the Annex, the aspects related to the Community trademark and to the participation of the Community in the planned Treaty.Done at BrusselsFor the CouncilThe PresidentANNEXNEGOTIATING DIRECTIVES1. The Commission must ensure that the provisions of the planned revised Treaty are compatible with the Community trademark system as laid down in Council Regulation (EC) No 40/94, and with all measures implementing the said Regulation.The Commission must ensure that there are no compatibility problems with other international instruments, in particular with the Agreement on Trade-Related Aspects of Intellectual Property Rights (the 1994 TRIPS Agreement).2. The Commission must ensure that the revised Treaty includes provisions allowing the Community to become a party to the planned revised Treaty.Moreover, the Commission must also ensure that, when decisions are taken in the Assembly of Contracting Parties, the European Community may participate in the vote in place of its Member States, with a number of votes equal to the number of its Member States which are party to this Treaty.3. The Commission will keep the Council informed of the results of the negotiations and, where necessary, of any problems which might arise.[1] OJ L 11 of 14.1.1994, p. 1. Council Regulation (EC) No 40/94 on the Community trade mark, as last amended by Regulation (EC) No 422/2004 (OJ L 70, 9.3.2004, p. 1).[2] Council Directive 89/104/EEC of 21 December 1988 to approximate the laws of the Member States relating to trade marks.


title: Recommendation for a COUNCIL DECISION authorizing the Commission to participate on behalf of the Community in the negotiations for the renewal of the International Olive Oil Agreement (submitted by the Commission to the Council)

text:
ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (78) 445
Vol. 1978/0167
 ---pagebreak--- Disclaimer
Conformément au règlement (CEE, Euratom) n° 354/83 du Conseil du 1er février 1983
concernant l'ouverture au public des archives historiques de la Communauté économique
européenne et de la Communauté européenne de l'énergie atomique (JO L 43 du 15.2.1983,
p. 1), tel que modifié par le règlement (CE, Euratom) n° 1700/2003 du 22 septembre 2003
(JO L 243 du 27.9.2003, p. 1), ce dossier est ouvert au public. Le cas échéant, les documents
classifiés présents dans ce dossier ont été déclassifiés conformément à l'article 5 dudit
règlement.
In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983
concerning the opening to the public of the historical archives of the European Economic
Community and the European Atomic Energy Community (OJ L 43, 15.2.1983, p. 1), as
amended by Regulation (EC, Euratom) No 1700/2003 of 22 September 2003 (OJ L 243,
27.9.2003, p. 1), this file is open to the public. Where necessary, classified documents in this
file have been declassified in conformity with Article 5 of the aforementioned regulation.
In Übereinstimmung mit der Verordnung (EWG, Euratom) Nr. 354/83 des Rates vom 1.
Februar 1983 über die Freigabe der historischen Archive der Europäischen
Wirtschaftsgemeinschaft und der Europäischen Atomgemeinschaft (ABI. L 43 vom 15.2.1983,
S. 1), geändert durch die Verordnung (EG, Euratom) Nr. 1700/2003 vom 22. September 2003
(ABI. L 243 vom 27.9.2003, S. 1), ist diese Datei der Öffentlichkeit zugänglich. Soweit
erforderlich, wurden die Verschlusssachen in dieser Datei in Übereinstimmung mit Artikel 5
der genannten Verordnung freigegeben.
 ---pagebreak---   COMMISSION OF THE EUROPEAN COMMUNITIES
                                                COM(78)445 final
                                                Brussels / 8 September 1978
                              Recommendation for a                    ,
                               COUNCIL DECISION
          authorizing the Commission to participate on behalf of the
          Community in the negotiations for the renewal of the Inter
                          national Olive Oil Agreement
                ( submitted by the Commission to the Council )
C0M(78 ) 445 final
 ---pagebreak---                         Explanatory Memorandum
 The Community as such has been a provisional member of the International
 Olive Oil Agreement since 1 January 1978 .
 Since the Agreement , as last prolonged by the Protocol of 7 April 1978,
 expires on 31 December 1979 » & Un^tjed_Nations_Conferen©3 is to be held in
 Geneva under the auspices of UKTCTAD during the period from 20 March to
.6 April 1979 "to negotiate a new agreement .
 A Special Committee for the preparation of the new agreement to enter into
 force on 1 January 1980 was set up under a Resolution adopted in Madrid on
 8 May 1978 * on the occasion of the 38th meeting of the International Olive
Oil Council and following the Pinal Resolution adopted on 7 April 1978 by
the United Nations Conference on Olive Oil . The Special Committee is to
meet in Madrid from 19 to 27 Ootober and from 11 to 13 December 1978 .
                            Recommendation
The Commission recommends that the Council authorize it , pursuant to
Article 113 of the EEC Treaty, to participate on behalf of the Community
in the work of the Special Committee and the United Nations Conference
to negotiate a new international olive oil agreement .
The Commission will conduct the negotiations in consultation with the
committee provided for in Article 113 of the Treaty, on the basis of
guidance to be given by the Council in due course .


RECOMMENDATION FOR COUNCIL DECISION CONCLUDING THE INTERNATIONAL AGREEMENT ON TROPICAL TIMBER 1983


RECOMMENDATION FOR A COUNCIL DECISION REVISING THE AMOUNTS FOR THE DOCUMENTARY REQUIREMENTS IN ANNEXE II CONCERNING THE DEFINITION OF THE CONCEPT OF ' ORIGINATING PRODUCTS ' AND METHODS OF ADMINISTRATIVE COOPERATION TO DECISION 86/283/EEC ON THE ASSOCIATION OF THE OVERSEAS COUNTRIES AND TERRITORIES WITH THE EUROPEAN ECONOMIC COMMUNITY


title: Recommendation for a COUNCIL DECISION on the position to be taken by the Community at the international negotiations to adjust certain provisions of the OECD Understanding on Export Credits for Ships (submitted to the Council by the Commission)

text:
ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (82) 60
Vol. 1982/0020
 ---pagebreak--- Disclaimer
Conformément au règlement (CEE, Euratom) n° 354/83 du Conseil du 1er février 1983
concernant l'ouverture au public des archives historiques de la Communauté économique
européenne et de la Communauté européenne de l'énergie atomique (JO L 43 du 15.2.1983,
p. 1), tel que modifié par le règlement (CE, Euratom) n° 1700/2003 du 22 septembre 2003
(JO L 243 du 27.9.2003, p. 1), ce dossier est ouvert au public. Le cas échéant, les documents
classifiés présents dans ce dossier ont été déclassifiés conformément à l'article 5 dudit
règlement.
In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983
concerning the opening to the public of the historical archives of the European Economic
Community and the European Atomic Energy Community (OJ L 43, 15.2.1983, p. 1), as
amended by Regulation (EC, Euratom) No 1700/2003 of 22 September 2003 (OJ L 243,
27.9.2003, p. 1), this file is open to the public. Where necessary, classified documents in this
file have been declassified in conformity with Article 5 of the aforementioned regulation.
In Übereinstimmung mit der Verordnung (EWG, Euratom) Nr. 354/83 des Rates vom 1.
Februar 1983 über die Freigabe der historischen Archive der Europäischen
Wirtschaftsgemeinschaft und der Europäischen Atomgemeinschaft (ABI. L 43 vom 15.2.1983,
S. 1), geändert durch die Verordnung (EG, Euratom) Nr. 1700/2003 vom 22. September 2003
(ABI. L 243 vom 27.9.2003, S. 1), ist diese Datei der Öffentlichkeit zugänglich. Soweit
erforderlich, wurden die Verschlusssachen in dieser Datei in Übereinstimmung mit Artikel 5
der genannten Verordnung freigegeben.
 ---pagebreak---                                                                  COM(82)60 final
     COMMISSION
                                                                 Brussels , 19 February 1982
        OF THE
                                                                 FOR OFFICIAL USE ON LY
EUROPEAN COMMUNITIES
    General Secretarial
                                        Recommendation for a
                                          COUNCIL DECISION
          on the position to be taken by the Community at the international
           negotiations to adjust certain provisions of the OECD Understanding
                                     on Export Credits for Ships
                           ( submitted to the Council by the Commission'
            COM ( 82 ) 60 final
 ---pagebreak---     EXPLANATORY MEMORANDUM
1 . The Community is a member of the OECO Understanding on Export Credits
    for Ships . The minimum interest rate under the Understanding is 8 % , a
    figure Laid down in 1974 .
2 . Until recently this rate of interest was not significantly out of line
    with the minimum rates prescribed in the Arrangement on (juidelines for
    Officially Supported Export Credits ( the Consensus ), but now that the
    successful October 1981 negotiations have raised the Consensus rates ,
    the gap between the lowest of these rates ( up from 7.75 % to 10 % ) and
    the single interest rate in the Understanding is much wider . It would
    therefore seem logical to adjust the latter rate as well .
3 . In the course of exploratory talks at the last OECD meeting, on 26
    November , it was clear that all the other participants in the Understanding
    with the exception of Japan wanted a substantial increase in the present
    figure . Japan took a more restrictive view .
4 . Although there are weighty arguments in favour of a rise in the interest
    rates , since a minimum set well below the prevailing market rates implies
    extensive subsidization , caution is advisable because of the chronic
    difficulties in the shipbuilding industry . All the participants have had
    to support their shipbuilding sector in one way or another , and the
    credit facilities allowed under the Understanding provide one means of
    doing so . A substantial rise in interest rates could further depress
    an already shaky world market , and also give an added advantage to a number
    of countries which are not party to the Understanding but which are steadily
    improving their position on the market as it is .
 ---pagebreak--- Although some increase in the minimum rate prescribed by the Understanding
seems advisable , such an adjustment must take account of interest rate
levels on various participants' domestic markets . In Japan , the main
producer, which secures over 50 % of the new orders taken by the
participants as a whole , the long-term    prime rat e    is currently
8.6 % . Japanese export prices and credit terms largely set the pace
for the world market as a whole , whether on orders from national
shipowners or export orders .
To take account both of the need for an upwards adjustment in the
minimum interest rate laid down by the Understanding and of the
position of the industry in the face of the international competition
the Commission advocates an increase in the rate within the following
margin :
           The minimum interest rate , currently 8 %, should be
           raised to a minimum of 8.5 % and a maximum of 9.5 % ,
           provided the revised rate also applies to credits with official
           financing supporteven in the case of currencies for which
           commercial interest rates are lower than this figure .
In the interests of clarity , clause 1 of the Understanding should be
amended . Although repayment terms do apply to both principal and
interest , the clause ought to be reworded to include interest
explicitly .
The Commission considers that the negotiating directives approved
by the Council in July 1979 are still valid, particularly as regards
the alignment of the procedures laid down by the Understanding on
Export Credits for Ships on those in force under the Consensus .
 ---pagebreak---               RECOMMENDATION FOR A
                COUNCIL  DECISION
on the position to be taken by the Community at the international
negotiations to adjust certain provisions of the OECD Understanding
on Export Credits for Ships .
THE COUNCIL OF THE EUROPEAN COMMUNITIES ,
Having regard to the Treaty establishing the European Economic
Community , and in particular Article 113 thereof.
Having regard to the Recommendation from the Commission,
 ---pagebreak---                          - 2 -
Whereas it is necessary to supplement the directives adopted under
the Council Decision of 24 July 1979 on the Community 's position
within the OECD regarding Community participation in the Understanding
on Export Credits for Ships and amendments to that Understanding ,
HAS DECIDED AS FOLLOWS :
                          Sole Article
In the international negotiations to adjust certain provisions
of the OECD Understanding on Export Credit for Ships the Commission
shall express the Community 's position in accordance with the
directives annexed hereto .
It shall proceed in consultation with the special committee provided
for in Article 113 of the Treaty , which shall assist it in its
task .
                                             Done at Brussels ,
                                             For the Counci I
                                             The President
 ---pagebreak---                                                              ANNEX
                     NEGOTIATING DIRECTIVES
1 . The minimum interest rate is to be increased from the present Level
    of 8 % to a minimum of 8.5 % and a maximum of 9.5     %.
2 . In the case of official financing of export credits in a currency
    for which commercial interest rates are     lower than the minimum
    rate laid down in the Understanding , the minimum interest rate
    charged on the portion of the credit with official financing
    support should conform to the minimum rate laid down in the
    Understanding .
3 . The wording of clause 1 should be amended to make it clear that
    the repayment terms apply to both principal and interest .
                                              I


RECOMMENDATION FOR A COUNCIL DECISION CONCERNING THE SIGNATURE OF A GLOBAL FRAMEWORK CONVENTION ON THE PROTECTION OF THE OZONE LAYER


title: RECOMMENDATION FOR A COUNCIL DECISION on the conclusion of an agreement between the European Economic Community and the Republic of Turkey for the supply of soft wheat as food aid. (submitted by the Commission to the Council)

text:
ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (75) 79
Vol. 1975/0027
 ---pagebreak--- Disclaimer
Conformément au règlement (CEE, Euratom) n° 354/83 du Conseil du 1er février 1983
concernant l'ouverture au public des archives historiques de la Communauté économique
européenne et de la Communauté européenne de l'énergie atomique (JO L 43 du 15.2.1983,
p. 1), tel que modifié par le règlement (CE, Euratom) n° 1700/2003 du 22 septembre 2003
(JO L 243 du 27.9.2003, p. 1), ce dossier est ouvert au public. Le cas échéant, les documents
classifiés présents dans ce dossier ont été déclassifiés conformément à l'article 5 dudit
règlement.
In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983
concerning the opening to the public of the historical archives of the European Economic
Community and the European Atomic Energy Community (OJ L 43, 15.2.1983, p. 1), as
amended by Regulation (EC, Euratom) No 1700/2003 of 22 September 2003 (OJ L 243,
27.9.2003, p. 1), this file is open to the public. Where necessary, classified documents in this
file have been declassified in conformity with Article 5 of the aforementioned regulation.
In Übereinstimmung mit der Verordnung (EWG, Euratom) Nr. 354/83 des Rates vom 1.
Februar 1983 über die Freigabe der historischen Archive der Europäischen
Wirtschaftsgemeinschaft und der Europäischen Atomgemeinschaft (ABI. L 43 vom 15.2.1983,
S. 1), geändert durch die Verordnung (EG, Euratom) Nr. 1700/2003 vom 22. September 2003
(ABI. L 243 vom 27.9.2003, S. 1), ist diese Datei der Öffentlichkeit zugänglich. Soweit
erforderlich, wurden die Verschlusssachen in dieser Datei in Übereinstimmung mit Artikel 5
der genannten Verordnung freigegeben.
 ---pagebreak---  COMMISSION OF THE EUROPEAN COMMUNITIES
                                                  COM(75 ) 79 final
                                             Brussels , 5 March 1975
                       RECOMMENDATION FOR A
                         COUNCIL DECISION
          on the conclusion of an agreement between the European Economic
          Community and the Republic of Turkey for .the supply of soft
           wheat as food aid .
               ( submitted by the Commission to the Council )
COM ( 75 ) 79 final
 ---pagebreak---                                         --1-
  THE COUNCIL OF THE EUROPEAN COMMUNITIES,
  Having regard to the Tr aaty establishing the European Eoonomic Community,
  and in particular Articles 113, 114 and 228 , thereof )
  Having regard to the Recommendation from the Commission |
  Whereas the European Economic Community has' concluded the second Convention
  relating to food aid^\
  Whereas the Republic of Turkey, by its letter of 21 December 1973
  has requested food aid }
  Whereas in view of the cereal supply situation in Turkey _ that country
  should be accorded , by way of gift , 5 000 metric tons of soft wheat under the •
  Community Pood Aid Programme for 1973/74 }
 DECIDES t
                                Article    1
  On behalf of the European Economio Community an Agreement , the text whereof
  is annexed hereto , shall be oonoluded between the European Economic Community
  and the Republic of Turkey for supply of soft wheat as food aid.
                                Article    2
 The President of the Counoil is hereby authorized to designate those who
 are to sign the Agreement and to confer on them the requisite powers to
 bind the Community .
 Done at Brus sel s ,                19
                                            '                              . '
                                                    For the Council
                                                     The Président
( 1 ) J.O. L 219 du 9.0.74 , P. 36 .
 ---pagebreak---               AGREEMENT
BETWEEN THE EUROPEAN ECONOMIC COMMUNITY
AND THE REPUBLIC OP TURKEY ON      __
THE SUPPLY OP FOOD AID IN THE FORM OF
 SOFT WHEAT.
 ---pagebreak---                                     ■ - 3»-               ^
THE COUNCIL OF THE EUROPEAN COMMUNITIES .
                                          of the one part .
THE GOVERNMENT OP THE REFUBLIC OP TURKEY         _
                                               1
                                          of the other part ,
HAVE DECIDED to conclude this Agreement and to this end have
designated as their plenipotentiaries t
THE COUNCIL OP THE EUROPEAN COMMUNITIES :
THE GOVERNMENT OP THE REPUBLIC OP TURKEY" :
WHO HAVE AGREED AS FOLLOWS i
 ---pagebreak---                            ARTICLE  I
The European Economic Community shall supply by way of gift to the '
Republic, of Turkey , (hereafter referred to as "the reoipient country") a
quantity of 5_000 metric tons of soft wheat under the Community 's food aid
programme in oereals for 1973/74 •
                                              /
                           ARTICLE  II
Deliveries will be made in hulk FOB in accordance with the details laid
down in the Annex which forms an integral part of the present Agreement .
                           ARTICLE  III
The reoipient country undertakes to make all necessary arrangements for the
transport and insurance of the produots from point of delivery to places
of destination .
It undertakes to exercise the greatest care to ensure that the tendering
arrangements for Bea transport do not prejudice the free play of fair-
competition . Any problems arising in this connection shall be .the subjeot
of consultations under Article VIII of the present Agreement .
                           ARTICLE  IV
The reoipient country undertakes to use the produot received as aid for
purposes of consumption and to apply , for the sale of the product on its
market , the prices normally charged on that market by the Soil Produots
Office ( Toprak Mahsulleri Ofisi ) for products of comparable quality. The
proceeds from this sale less the costs of maritime transport and the normal
costs of marketing on the Turkish market shall be paid into a special
account with the Central Bank and allocated to the financing of one or more
development projects under arrangements which have been agreed
between the recipient country and the European Economic Community.
 ---pagebreak---                                             –S -t.
                              ARTICLE   V
The Contracting Parties undertake to implement this Agreement in such a way
as to avoid any prejudice to the normal structure of national production
and international trade . To this end they shall take any measures required
to ensure that supplies as aid are in addition to and do not replace business
transactions which might reasonably be expeoted in the absence of such supplies .
In particular , the recipient country undertakes to import commercially from
whatever souroe between 1 July 1974 and 30 June 1975 a minimum quanity of
50,600       metrio tons of soft wheat or its equivalent in flour of soft wheat.
                              ARTICLE   VI
The recipient country shall take all steps required to prevent s
( i ) the re-export of the product received as aid and also of any products
         and by-products resulting therefrom ;
( ii ) the export , commercially or otherwise , within a period of six months
         commencing from the final delivery , either of any produot procured
         locally of the same nature as that received as aid , or of any products
         and by-products resulting therefrom .
                              ARTICLE   VII
The reoipient country undertakes to inform the European Economio Community
of how this Agreement is implemented. To this end it shall provide the
Commission of the European Communities with the following details :
    ( i ) Immediately after the unloading of each cargo t ports and dates of
          arrival of vessel j nature , quantity and any observations as to the
          quality of the products unloaded ;; date on whioh unloading was
          completed ) costs of sea transport and of insurance relating thereto ;
  ( ii ) Every three months until the quantities received as aid have been
          fully used : quantities sold ; manner of sale ; actual selling prices ;
          normal Belling costs on the recipient country 's market ; costs of
          insurance and of transport if applicable from the port of unloading
          to the places of destination ;
 ---pagebreak--- ( iii ) On 15 January very year until the speoial aocount has been fully
        expended :
                                                      ' 1
        a) Summary of the account ( incomings and outgoings ) to 31 December
            of the previous yearj
         \\ mi  . _ * .. . _ - . » J 1. _   » _ ■ - 1
        b ; Stage of progress of the project Cr projects , indicating the
            total resources expended to that stage *
                               ARTICLE    VIII
The Contracting Parties shall at the request of either consult eaoh other
on any questions concerning the implementation of this Agreement .
                               ARTICLE    IX
This Agreement is drawn up m duplicate in the Danish , Dutoh , English ,
French, Qerman and Italian languages , each of these texts having equal foroe .
 ---pagebreak---                                                                      AWiNHiA. 1
                                     '■ -1 '        '      :       " '          1
                          General provisions
                              Article    1
  Delivery shall "be effected, and risks shall pass form the European Economic
  Community , hereinafter referred to as the EEC , to the recipient country at
  the moment at which the goods are put down at the point of exportation
  named "by the Commission of the European Communities at the "berth specified
  by the recipient country or its agent referred to in Artiole 3. and under the
  terms speoified in the following artioles . Without prejudice to Articles & - and
1            shall "bear all costs up to delivery , and the recipient country those
  beyond delivery .
                              Article   2
  On delivery a tolerance of 5 i° less them the quantity of the product to be
  supplied in accordance with article I of rthe Agreement shall be admissible *
                              Article   3
  The EEC shall appoint an agent to implement the provisions of the present
  Annex - or for each consignment - whose name and address it shall make
  known to the recipient country immediately following his appointment .
  The recipient country shall appoint an agent in the port or ports of ship
  ment , whose name and address it shall make known to the EEC with all
  despatch and if possible before the appointment of agent of the EEC *
                             Article    4
  Before implementing the procedures for appointing the agent of the EEC
  referred to in Article 3 , the Commission of the European Communities and
  the recipient country shall jointly establish the period during which
  delivery must begin .
                Obligations of the European Economic Community
                             Article    5
  Should the EEC not be in a position to carry out delivery on the date and
  ( if applicable ) on the schedule as provided in Article 7 » all costs
  arising for the recipient country - for example demurrage void freight
  and dead freight - shall be borne by the EEC .
 ---pagebreak--- The charges and the arrangements relating to demurrage laid down in the
contract between the recipient country and the carrier must have been
agreed in advance by -tne recipient country and the agent of the EEC .
The other costs referred to in the first paragraph shall only be refunded
by the EEC if they have been paid by the recipient country with the approval
of the EEC .
                               Article  6
 Should it prove impossible for the EEC to supply all or part of the goods
on the date and within the time-limits provided for in Article ^ and without
prejudice to the provisions of Article 5 ? a new date and a new time-limit
shall be agreed between the agents of the EEC and of the recipient country
for the delivery of all the goods or of the undelivered part thereof .
                   Obligations of the reoipient country
                               Article  7
After contacting the EEC , the recipient country shall procure one or more
vessels to transport all the quantities provided for in Article 1 of the
Agreement , of dimensions corresponding to the normal capacity of the port of
shipment } these vessels must be ready for loading on a date falling within
the period referred to in Article 4 «
The agent of the recipient country shall inform the EEC of this date
immedately on learning it , and also that for commencement of delivery ,
if possible twenty day3 in advance and in any case ten days before the date
for commencement of delivery .
He shall establish with the agent of the EEC the schedule to which delivery
shall take place .
                               Article  8
Should the recipient country be unable to begin loading on the date provided
for in Article 7i paragraph 1 , the agent of the reoipient country shall
inform the agent of the EEC without delay .
 ---pagebreak---  In this event a new date for the commencement of delivery and ( if applicable )
 a new schedule oould T"S' agreed between the agentB of the EEC and of the
 recipient country . The costs arising from this delay shall in all oases
 except force ma.jeure be borne by the recipient country .
 Should the new date provided for in paragraph 2 be more than 30 clear days
after the date for loading provided for in Article 7 » paragraph 1 , the EEC
may dispose of the goods without prejudice to its commitment under Article 1
of this Agreement .
                                   Article  9
If the quantity made available for loading on a vessel cannot be put on
board in its entirety , the recipient country shall inform the EEC as soon
as possible and no later than fifteen clear days after loading has been
completed whether it intends to accept or to renounce the balance .
In the former case the provisions of Article 8 f paragraphs 2 and 3 » shall
apply to the balance , if delivery has not yet taken place .
In the latter case the EEC may consider that it has discharged its commitment ,
to the recipient country under Article 1 of this Agreement and shall bear
the costs resulting from such renunciation .
In any event after the expiry of an interval of fifteen clear days and in
the absence of any notice on the part of the recipient country , the renun
ciation shall be deemed to have taken place .
                                   Article  10
Upon delivery of the goods , the recipient country shall hand to the
agent of the EEC a certificate of acceptance stating the port of shipment ,
date of acceptance , the nature and quantity of the goods acoepted and
inoluding any comments on the quality of the goods , and send a copy thereof
to the Commission of the European Communities .


title: Recommendation for a COUNCIL DECISION concerning the Community position to be adopted in discussions on the development of international accounting and reporting standards within the United Nations Organization (submitted to the Council by the Commission)

text:
ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (79) 423
Vol. 1979/0150
 ---pagebreak--- Disclaimer
Conformément au règlement (CEE, Euratom) n° 354/83 du Conseil du 1er février 1983
concernant l'ouverture au public des archives historiques de la Communauté économique
européenne et de la Communauté européenne de l'énergie atomique (JO L 43 du 15.2.1983,
p. 1), tel que modifié par le règlement (CE, Euratom) n° 1700/2003 du 22 septembre 2003
(JO L 243 du 27.9.2003, p. 1), ce dossier est ouvert au public. Le cas échéant, les documents
classifiés présents dans ce dossier ont été déclassifiés conformément à l'article 5 dudit
règlement.
In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983
concerning the opening to the public of the historical archives of the European Economic
Community and the European Atomic Energy Community (OJ L 43, 15.2.1983, p. 1), as
amended by Regulation (EC, Euratom) No 1700/2003 of 22 September 2003 (OJ L 243,
27.9.2003, p. 1), this file is open to the public. Where necessary, classified documents in this
file have been declassified in conformity with Article 5 of the aforementioned regulation.
In Übereinstimmung mit der Verordnung (EWG, Euratom) Nr. 354/83 des Rates vom 1.
Februar 1983 über die Freigabe der historischen Archive der Europäischen
Wirtschaftsgemeinschaft und der Europäischen Atomgemeinschaft (ABI. L 43 vom 15.2.1983,
S. 1), geändert durch die Verordnung (EG, Euratom) Nr. 1700/2003 vom 22. September 2003
(ABI. L 243 vom 27.9.2003, S. 1), ist diese Datei der Öffentlichkeit zugänglich. Soweit
erforderlich, wurden die Verschlusssachen in dieser Datei in Übereinstimmung mit Artikel 5
der genannten Verordnung freigegeben.
 ---pagebreak--- COMMISSION OF THE EUROPEAN COMMUNITIES
                                                            COM(79)423 final.
                                                            Brussels . 24 July 1979
                               Recommendation for a
                                    COUNCIL DECISION
 concerning the Community position to be adopted in discussions on
 the development of international accounting and reporting standards
                     within the United Nations Organization
                           >J
                                ">«• . i; >? . ->
                                                  .
                                                          V
                     \ n .   ■         U-.J         ■-:)//
                ( submitted to the Council by the Commission )
                                                                                /
COM ( 79 ) 423 final .
 ---pagebreak---                             Exp 1 an a t ory _r-ferrK'yr andum
1, The Economic and Social Council ( ECC-SOC ) of \-h& United Nations Organi zation
   ( UNO ) adopted a resolution on 11 May 1979 setting up a s ; ecial inter-
   governemritcil working party , Its terms OL reference concern the develop
   ment of international accounting and reporting standards . The v-crking
   party will ccsnrnence work in the Autumn of 1979 in Geneva . In 1380 , it
   is to report to the Committee on Multinational Enterprises on the measures
   to be adopted in the field of international accounting and reporting
   standards particularly in relation to the proposed information system
   and code of conduct .
2. On the basis of Article 54(2 ) and ( 3)(g ) of the EEC Treaty , the Council
   adopted the ( First.) Directive of 9 March 1968 ( 68/151/EEC )^" ^ which is
   concerned inter alia , with the disclosure of the balance sheet of limited
   companies . In accordance with Article 2 ( 1 ) ( f ) of that directive , the
   Member States have adopted the measures necessary to ensure that the
   compulsory disclosure by companies covers the balance sheet and profit
   arid loss accounts of limi ted companies . In the case of societes a
   responsabilite limi tee the application of this principle was postponed
   until the date of implementation of a directive on the coordination of
   the contents of balance sheets and profit and loss accounts .
   Thj.s , the fourth directive , on the annual accounts of certain c .ipanies ,
                                                             2
   was adopted by trie Council on 25 July 1978 ~ . It establishes " legal
   framework for accounting standards in the Community . There ar       more
   than fifty articles comprising detailed provisions on the stricture
   of balance sheets , profit, and loss accounts , rules of valuation , the
   content of the annex to annual accounts and disclosure , tome articles
   deal with the problems of the annual accounts of a ccsn; any       ich has
   links with other companies in a group .
   1 ) OJ L 65 of 14 March 1968 , p. 8 .
   2 ) CJ L 222 of 14 August 1978 , p. 11 .
 ---pagebreak---                                      - 2 -
   The recitals to the fourth directive stress that where a company belongs
   to a group , only the presentation of the consolidated accounts of the
   group can give a faithful and comprehensive picture of the position of the
   undertakings in question „ For this reason the Commission has proposed a
   seventh directive , concerning group accounts ^ . This proposal is founded
   on the same legal basis as the fourth directive and deals with the
   specific problems of the annual accounts of groups - The two instruments
   are therefore closely linked ,
3„ Cn the basis of Article 75 of the EEC Treaty , the Council adopted
   Regulation ( EEC ) 2830/77 of 12 December 1977 on the measures necessary to
   achieve comparability between the accounting systems and annual accounts
                              2
   of railway undertakings      . As is shown by Article 2 of that regulation ,
   some of these undertakings are organi zed as companies .
4. According to the decisions of the Court of Justice ( judgment of 31 March
   1971 in the AETR case 22/70 ) the effect of all the decisions thus adopted
   at Community level in respect of the annual accounts of certain companies
   is to empower the Community alone to enter into commitments with non-member
   countries cn these subjects . In view of the fact that the Gcanmunity pro
   visions referred to above and the discussions undertaken within the UNO
   have the same object , the Community as such should take part in the
   discussions and accept , where necessary , any agreements or arrangements
   arising frcsn them , whatever form these may take .
                                              J
   Community provisions concerning standards should, not be prejudiced by
   instruments drawn up within the UNO . This applies to the provisions of
   the fourth directive but also , in view of the close links between the
   latter and the amended proposal for a seventh directive , to the subject
   matter of that proposal .
   1 ) OJ C 14/2 of 17 January 1979 , p. 2 .
   2 ) CU L 334 of 24 December 1977 , p. 13 .
 ---pagebreak--- The IM) recommenda kions or agreements on internet} onax accounting and
reporting standards could directly affect the content of the fourt
directive .
                                          J
Similarly , Council Regulation ( EEC ) 2830/77 should not be prejudiced
by UNO instruments .
The Commission therefore recommends the Council to take the attached
decision concerning the Community position to be adopted in the discus
sions on the development of international accounting and reporting
standards within the UNO .
 ---pagebreak---                             Recommendation for a
                              COUNCIL DECISION
                                  I
concerning the Community position to be adopted in discussions on the
development of international accounting and reporting standards within
the United Nations Organization .
THE COUNCIL OF THE EUROPEAN (IMMUNITIES'
Having regard to the Treaty establishing the European Economic Community ,
Having regard to the recommendation by the Commission ,
Whereas a decision should be taken on the Community position to be adopted
in the discussions on the development of international accounting and
reporting standards within the thited Nations Organization
                                    /
HAS DECIDED AS FOLLOWS :
                                  Sole Article
1 . During the discussions of the special working party of the United
    Nations Organization on the development of international- accounting and
    reporting standards , set up by the Economic and Social Council on 11 May
    1979 , the Commission shall express the Community position insofar as
    these discussions relate to siibjects covered by common rules .
    The Commission shall act in consultation with the representatives of
    the Member States .
2 . The Commission shall ensure that the proposals for greater harmonization
    of company law which it has submitted to the Council are presented in
    such a way during the discussions of the working party referred to in
    paragraph 1 that they clearly show the importance V /hich the Community
    attaches to such harmonization .
 ---pagebreak---                                      2
3. The Member States and the Commission shall coordinate their positions
   with a view to reaching a common position in the meetings of the working
   party referred to in paragraph 1, in particular on the desirability of
   action by the United Nations Organizations in the field of accounting
   standards .                                                              'Ij
                                                                            «
                                               For the Council .
                                               The President
   Done at Brussels .


title: Recommendation for a COUNCIL DECISION on Community participation in negotiations for the revision of the Customs Conventions on the Temporary Importation of Private Road Vehicles (1954) and Commercial Road Vehicles (1956) (presented by the Commission)

text:
ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (89) 8
Vol. 1989/0002
 ---pagebreak--- Disclaimer
Conformément au règlement (CEE, Euratom) n° 354/83 du Conseil du 1er février 1983 concernant
l'ouverture au public des archives historiques de la Communauté économique européenne et de
la Communauté européenne de l'énergie atomique (JO L 43 du 15.2.1983, p. 1) modifié en dernier
lieu par le règlement (UE) 2015/496 du Conseil du 17 mars 2015 (JO L79 du 25. 3.2015, p. 1), ce
dossier est ouvert au public. Le cas échéant, les documents classifiés présents dans ce dossier
ont été déclassifiés conformément à l'article 5 dudit règlement ou sont considérés déclassifiés
conformément aux articles 26(3) et 59(2) de la décision (UE, Euratom) 2015/444 de la
Commission du 13 mars 2015 concernant les règles de sécurité aux fins de la protection des
informations classifiées de l'Union européenne.
In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983 concerning
the opening to the public of the historical archives of the European Economic Community and the
European Atomic Energy Community (OJ L 43, 15.2.1983, p. 1), as last amended by Council
Regulation (EU) 2015/496 of 17 March 2015 (OJ L 79, 27.3.2015, p. 1), this file is open to the
public. Where necessary, classified documents in this file have been declassified in conformity
with Article 5 of the aforementioned regulation or are considered declassified in conformity with
Articles (26.3) and 59(2) of the Commission Decision (EU, Euratom) 2015/444 of 13 March 2015
on the security rules for protecting EU classified information.
In Übereinstimmung mit der Verordnung (EWG, Euratom) Nr. 354/83 des Rates vom 1. Februar
1983 über die Freigabe der historischen Archive der Europäischen Wirtschaftsgemeinschaft und
der Europäischen Atomgemeinschaft (ABI. L 43 vom 15.2.1983, S. 1), zuletzt geändert durch die
Verordnung (EU) Nr. 2015/496 vom 17. März 2015 (ABI. L 79 vom 25.3.2015, S. 1), ist dieser Akt
der Öffentlichkeit zugänglich. Soweit erforderlich, wurden die Verschlusssachen in diesem Akt in
Übereinstimmung mit Artikel 5 der genannten Verordnung freigegeben; beziehungsweise werden
sie auf Grundlage von Artikel 26(3) und 59(2) der Entscheidung der Kommission (EU, Euratom)
2015/444 vom      13. März 2015 über die Sicherheitsvorschriften für den Schutz von EU-
Verschlusssachen als herabgestuft angesehen.
 ---pagebreak--- COMMISSION OF THE EUROPEAN COMMUNITIES
                                              COM(89 ) 08 final
                                               Brussels , 23 February 1989
                               Recommendation for a
                                 COUNCIL DECISION
     on Community participation in negotiations for the revision of the
   Customs Conventions on the Temporary Importation of Private Road Vehicles
                 ( 1954 ) and Commercial Road Vehicles ( 1956 )
                         ( presented by the Commission )
                             h v\i &     •r ; W  to
                                                     ^
                             AA         °v
                                        <\/          W
                              WA       ^ f          / ;</
 ---pagebreak---                                                                                о%/8?
1.     Temporary admission of private road vehicles and commercial road vehicles ,
       free of duties and taxes and without prohibitions or restrictions on
       importation , is currently covered by the Custaris Convention on the
       Temporary Importation of Private Road Vehicles ( 1954 ) and the Custcms
       Convention on the Temporary Importation of Commercial Road Vehicles ( 1956 ).
       The Oomnunity is not a contracting party to these Conventions , winch were
       drawn up before it was established and lack a customs union clause ,
       hitherto preventing the Ocmnunity fran signing .
2.     The Member States have signed these international conventions ( except
       Greece , which has not signed the Convention on private vehicles ) . Existing
       Community legislation on temporary admission covers goods ( other than means
       of transport ) and containers . Of particular importance are Council
       Regulation ( EEC ) No . 3599 /82 of 21 December 1982 on temporary importation
       arrangements ( 1 ) and Council Regulation ( EEC ) No . 2096/87 of 13 July 1987
       on temporary importation of containers ( 2 ) . Since the Corrrnunity has
       competence in this area , a proposal for a Council Regulation on the
       temporary admission of means of transport ( 3 ) was sent to the Council on 21
       21 December 1983 and is under examination , in accordance with the working
       programme approved by the Customs Questions Committee ( full meanbers ) . Tax
       exemptions within the Oomnunity for the temporary importation of certain
       means of transport are governed by Council Directive 83/182/EEC of 29 March
       1983 ( 4 ) . It should be pointed out that tins Directive covers motor cars
       for private or business use , but excludes camnercial vehicles .
3.     The V7orking Party on custcms questions affecting transport , a subsidiary
       body of the Inland Transport Corrmittee of the United Nations Economic
( 1 ) QJ No . L 376 , 31.12.1982 , p. 1
 ( 2 ) QJ No . L 196 , 17.7.1987 , p. 4
 ( 3 ) QJ No . C 4 , 7.1.1984 , p. 3
 ( 4 ) QJ No . L 105 , 23.4.1983 , p. 59
 ---pagebreak---    Canoission for Europe ( ECE ), has revised certain clauses of these
   Conventions to adapt them to current requirements for easing frontier
   crossings by vehicles .
4. The Community and its Member States have always played a very active part
   in the Working Party 's preparatory activities . They have new requested the
   inclusion in the revised text of the two Conventions of a clause allowing
   the Ccmnunity to became a contracting party ; tins would in particular ,
   provide that the number of votes allocated to the Community on matters for
   which it has competence should be equal to the total number of votes
   belonging to its Member States , which would not exercise their right to
   vote in these cases .
5. It should be pointed out that the negotiations for the amend merit of these
   two Conventions will take place in parallel with the negotiation of a new
   Customs Cooperation Council Temporary Importation Convention . A Council
   Decision of 1 December 1986 had already authorized the Gortnission to take
   part in negotiations for this Convention . These parallel negotiations will
   facilitate the future incorporation of time two conventions mentioned above
   within the new Customs Cooperation Council Convention . There is also the
   possibility of including a third convention in the revision process : the
   Customs Convention on the Temporary Importation for Private Use of Aircraft
   and Pleasure Boats ( 1956 ).
6. Given its aim of facilitating frontier crossings by private and ccmnercial
   vehicles by means of temporary importation free of duties and taxes and
   without prohibitions or restrictions on importation , the amendment of the
   two Conventions on temporary importation of private and commercial road
   vehicles has a direct effect on the Community 's customs union and
   commercial policy, and in particular its export policy, one element of
   which is to facilitate the use of Community road vehicles within the
   territory of the Contracting Parties , thus helping distribution of the
   goods transported by these vehicles .
 ---pagebreak---                                            - 3 -
   By reason of the foregoing , the subject of : he said Conventions falls
   within the exclusive competence of the Community under Article 113 .
7. For these reasons , the Commission recommends that the Council :
   -     to authorize it to participate ,
         on behalf of the Community, within the United Nations Economic
         Commission for Europe , in the negotiations for the amendment of the
         Customs Convention on the Temporary Importation of Private Road
         Vehicles ( 1954 ), the Customs Convention on the Temporary Importation of
         Oarmercial Road Vehicles ( 1956 ) and, if necessary, the Customs
         Convention on the Temporary Importation for Private Use of Aircraft and
         Pleasure Boats ( 1956 );
   -     decide that the negotiations should be carried out in consultation with
         the Committee referred to by Article 113 of the Treaty and according to
         the following directives :
          ( l ) the Oairmunity must ensure that the texts of the Conventions are
                amended by the addition of a customs union clause allowing the
                Cartmunity to accede to the Conventions , and that the number of
                votes allocated to the Community for matters which fall within its
                competence is equal to the total number of votes belonging to the
                Member States , which would not exercise their right to vote in
                these cases ;
        ( ii ) the amended texts of the Conventions must be consistent with the
                provisions due to be adopted sliortly by the Community in the areas
                covered by the Conventions , in accordance with the proposal for a
                Regulation presented by the Commission ( G0M(83)741 final ) and
                having regard to the results of the Council 1 s examination of this
                proposal ;
      ( in ) it will be necessary to ensure close coordination between these
                negotiations and the negotiations on Customs Cooperation Council 's
                Convention on temporary admission ( see the Council 's Decision of
                1 December 1986 ) .
 ---pagebreak---      FICHE D' IMPACT DE CERTAINS ACTES LEGISLATIF SUR LES PME ET L' EMPLOI
Ûb j e L : Projet de recommandation d' une Décision du Conseil concernant
             la participation de la Communauté à la négociation d' une
            révision des Conventions douanières relatives à l' importation
            des véhicules routiers privés ( 1954 ) et commerciaux ( 1956 )
1 . OBLIGATIONS ADMINISTRATIVES DECOULANT DE L' APPLICATION DE LA
     LEGISLATION POUR LES ENTREPRISES :
     néant
2.   AVANTAGES POUR L' ENTREPRISE :
     Facilitation du passage aux frontières des véhicules routiers
    privés et commerciaux et utilisation des mêmes dispositions dans
     toute la Communauté et dans les pays tiers qui accepteront la
    version révisée des Conventions .
3 . INCONVENIENTS POUR L' ENTREPRISE :
     ( coûts supplémentaires )
    néant
4 . EF'E'S SUR L' EMPLOI :
     néart
5 . Y A - T - IL EU CONCERTATION PREALABLE AVEC LES PARTENAIRES SOCIAUX ?
    non
6 . Y A - T - IL UNE APPROCHE ALTERNATIVE MOINS CONTRAI GNANTE ?
    non