Commission report to the budgetary authority on guarantees covered by the general budget - situation at 31 December 2011. Annexes.

Abstract

This working document is published in parallel with the report of the Commission to the European Parliament and the Council on guarantees covered by the budget at 31 December 2011. It provides information on quantitative aspects of the risk borne by the EU Budget related to Member States and third countries. An overview of the outstanding amount of loans covered by the Budget under each programme is presented in section 2. The third countries representing important risks to the Budget during the second semester 2011, and either categorised as “severely indebted” according to criteria set by the World Bank or facing significant imbalances in their external or debt situation, are included in the country risk evaluation in section 3. The evaluation comprises short analyses and tables of risk indicators. The evaluated countries are grouped in 6 sub-sections: candidate countries (3.1), potential candidate countries (3.2) Mediterranean partners (3.3), Eastern partnerships (3.4), BRICS countries (3.5) and other countries (3.6).