ECSC financial report for the year 1961

Abstract

The Seventh Financial Report of the High Authority of the European Coal and Steel Community relates to the calendar year 1961, the ninth year of its operations. As described in detail further in this Report, the year 1961 was marked by three particular events : -after a pause of four years, the rate of the levy was again reduced; -borrowing operations increased in number, and the High Authority, for the first time, issued its securities to the public in a market within the Community; -a fourth program for the financing of workers housing was launched