Commission report to the budgetary authority on guarantees covered by the general budget - situation 31 December 2009.

Abstract

The objectives of this report are to monitor the credit risks exposure borne by the budget of the European Union resulting from the guarantees given and the lending operations implemented directly by the European Union or indirectly through the EIB external mandates. This report is submitted pursuant to Article 130 of the Financial Regulation which requires the Commission to report to the European Parliament and to the Council twice a year on budgetary guarantees and the corresponding risks1. It is completed by a Commission Staff Working Document with a set of detailed tables and explanatory notes (the "SWD").