Report from the Commission to the Council and to the European Parliament on the borrowing and lending activities of the Community in 2000.

Abstract

The Council decisions establishing the various Community lending instrumentsrequire the Commission to inform the Council and Parliament each year of the use made ofthese instruments.However, in view of the suspended construction of nuclear power stations within the EU, thefact that the appropriations allocated by the Council to the New Community Instrument (NCI)have been used up and the cessation of ECSC loans as the expiry of the ECSC Treaty in 2002approaches, the Commission considers that there is no longer any need to inform the Counciland Parliament of Community lending activities under the instruments applicable within theEU. This report contains only information concerning the repayment of loans (see the sectionon borrowings).2.As for lending activities outside the Community, the decisions adopted in 1997 and20001require the Commission to inform the Council and Parliament on an annual basis of thesituation regarding EIB loans guaranteed by the Community budget in central and easternEurope, in the Mediterranean countries, in the Latin American and Asian countries and inSouth Africa. The same requirements were extended in 1998 to the situation regarding EIBloanstotheFormerYugoslavRepublicofMacedonia(Decision98/348/EC),Bosnia-Herzegovina (Decision 98/729/EC) and Croatia (Decision 2000/688/EC).In order to meet these requirements, this report describes operations for each of the areasconcerned. In order to give an overview of lending activities, it also includes a brief summaryof Community macrofinancial assistance to central and eastern European countries and ofinterest subsidies and guarantees linked to Community loans.