title: Decision of the European Central Bank of 22 April 2004 laying down the measures necessary for the contribution to the European Central Bank’s accumulated equity value, for adjusting the national central banks claims equivalent to the transferred foreign reserve assets, and for related financial issues (ECB/2004/8)

text:
               22.4.2004

               EN

               Official Journal of the European Union

               L 205/13

      DECISION OF THE EUROPEAN CENTRAL BANK

   of 22 April 2004
   laying down the measures necessary for the contribution to the European Central Bank’s accumulated equity value, for adjusting the national central banks claims equivalent to the transferred foreign reserve assets, and for related financial issues
   (ECB/2004/8)
   (2004/505/EC)
   THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,
   Having regard to the Statute of the European System of Central Banks and of the European Central Bank and in particular Article 30 thereof,
   Whereas:

               (1)

               In view of the accession of the Czech Republic, the Republic of Estonia, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Republic of Hungary, the Republic of Malta, the Republic of Poland, the Republic of Slovenia and the Slovak Republic to the European Union and their respective national central banks (NCBs) becoming part of the European System of Central Banks (ESCB) on 1 May 2004, the weightings assigned to the NCBs of the Member States that have adopted the euro (hereinafter the participating NCBs) in the ECB’s capital key (hereinafter the capital key weightings and the capital key respectively) shall be adjusted, as provided for in Decision ECB/2004/5 of 22 April 2004 on the national central banks' percentage shares in the key for subscription to the European Central Bank’s capital (1).

               (2)

               This adjustment also results in the need to adjust the claims which the ECB has credited under Article 30.3 of the Statute to the participating NCBs and which are equivalent to the participating NCBs’ contributions of foreign reserve assets to the ECB (hereinafter the claims).

               (3)

               Those participating NCBs whose claims increase due to the expansion of the capital key on 1 May 2004 should therefore effect a compensatory transfer to the ECB, while the ECB should effect a compensatory transfer to those participating NCBs whose claims decrease due to this expansion.

               (4)

               The limit on the amount of foreign reserve assets that may be transferred to the ECB will be EUR 55 646 692 471,89 from 1 May 2004.

               (5)

               In accordance with the general principles of fairness, equal treatment and the protection of legitimate expectations underlying the Statute, those participating NCBs whose relative share in the ECB’s accumulated equity value increases due to the abovementioned adjustments should also effect a compensatory transfer to those participating NCBs whose relative share decreases.

               (6)

               The respective capital key weightings of each participating NCB until 30 April 2004 and from 1 May 2004 should be expressed as a percentage of the ECB’s total capital as subscribed to by all participating NCBs for the purpose of calculating the adjustment of the value of each participating NCB’s share in the ECB’s accumulated equity value,

         HAS DECIDED AS FOLLOWS:
   Article 1
   Definitions
   For the purposes of this Decision:

               (a)

               the ‘accumulated equity value’ shall mean the total of the ECB’s reserves, revaluation accounts and provisions equivalent to reserves as calculated by the ECB on 30 April 2004, plus or minus the ECB’s calculated accumulated net profit or loss, as the case may be, from 1 January 2004 until 30 April 2004 after including the undistributed ECB’s income on euro banknotes accrued for the month of April 2004, but excluding the ECB’s income on euro banknotes in the first quarter of 2004 that has already been distributed to the NCBs. The ECB’s reserves and those provisions equivalent to reserves shall include, without limitation to the generality of the ‘accumulated equity value’, the general reserve fund and the provisions equivalent to reserves for valuation losses with respect to foreign exchange rates and market prices;

               (b)

               the ‘transfer date’ shall mean 19 May 2004;

               (c)

               the ‘ECB's income on euro banknotes’ shall have the same meaning as the term ‘ECB's income on euro banknotes in circulation’ as defined in Article 1(d) of Decision ECB/2002/9 of 21 November 2002 on the distribution of the income of the European Central Bank on euro banknotes in circulation to the national central banks of the participating Member States (2).

         Article 2
   Contribution to the ECB’s reserves and provisions
   1.   If a participating NCB’s share in the accumulated equity value increases due to the increase in its capital key weighting on 1 May 2004, such an NCB shall transfer the amount determined pursuant to paragraph 3 to the ECB on the transfer date.
   2.   If a participating NCB’s share in the accumulated equity value decreases due to the decrease in its capital key weighting on 1 May 2004, such an NCB shall receive the amount determined pursuant to paragraph 3 from the ECB on the transfer date.
   3.   The ECB shall, on or before 14 May 2004, calculate and confirm to each participating NCB either the amount to be transferred by that NCB to the ECB where paragraph 1 applies, or the amount which that NCB shall receive from the ECB where paragraph 2 applies. Subject to rounding, each amount to be transferred or received shall be calculated by multiplying the accumulated equity value by the absolute difference between each participating NCB’s capital key weighting on 30 April 2004 and its capital key weighting from 1 May 2004 and dividing the result by 100.
   4.   Each amount described in paragraph 3 shall be due in euro on 1 May 2004 but shall be effectively transferred on the transfer date.
   5.   On the transfer date, a participating NCB or the ECB having to transfer an amount under paragraph 1 or paragraph 2 shall also separately transfer any interest accruing over the period from 1 May 2004 until the transfer date on each of the respective amounts due from such participating NCB and the ECB. The transferors and recipients of this interest shall be the same as the transferors and recipients of the amounts on which the interest accrues.
   6.   If the accumulated equity value is less than zero, the amounts that have to be transferred or received under paragraph 3 and paragraph 5 shall be settled in the opposite directions to those specified in paragraph 3 and paragraph 5.
   Article 3
   Adjustment of the claims equivalent to the transferred foreign reserve assets
   1.   The participating NCBs' claims shall be adjusted on 1 May 2004 in accordance with their adjusted capital key weightings. The value of the participating NCBs' claims from 1 May 2004 is shown in the third column of the table in the Annex to this Decision.
   2.   Each participating NCB shall, by virtue of this provision and without any further formality or act being required, be considered to have either transferred or received on 1 May 2004 the absolute value of the claim (in euro) shown next to its name in the fourth column of the table in the Annex to this Decision, whereby ‘-’ shall refer to a claim that the NCB shall transfer to the ECB and ‘+’ to a claim that the ECB shall transfer to the NCB.
   3.   On 3 May 2004, each participating NCB shall either transfer or receive the absolute value of the amount (in euro) shown next to its name in the fourth column of the table in the Annex to this Decision, whereby ‘+’ shall refer to an amount that the NCB shall transfer to the ECB and ‘-’ to an amount that the ECB shall transfer to the NCB.
   4.   On 3 May 2004, the ECB and the participating NCBs that are under an obligation to transfer amounts under paragraph 3 shall also separately transfer any interest accruing over the period from 1 May 2004 until 3 May 2004 on the respective amounts due from the ECB and such NCBs. The transferors and recipients of this interest shall be the same as the transferors and recipients of the amounts on which the interest accrues.
   Article 4
   Related financial issues
   1.   In derogation from the third subparagraph of Article 2(1) of Decision ECB/2001/16 of 6 December 2001 on the allocation of monetary income of the national central banks of participating Member States from the financial year 2002 (3), the intra-Eurosystem balances on euro banknotes in circulation shall, for the period from 1 May 2004 until 31 May 2004, be calculated on the basis of the expanded capital key applicable from 1 May 2004 applied to balances on the total euro banknotes in circulation on 30 April 2004. The average rate of return, as described in Article 3(3) Decision ECB/2001/16, shall be calculated separately for the period from 1 January 2004 until 30 April 2004 and for the period from 1 May 2004 until 31 December 2004. For the period from 1 May 2004 until 31 December 2004, the compensatory amounts and the accounting entries to balance those amounts, as described in Article 4(3) of Decision ECB/2001/16, shall be recorded in the books of each NCB with a value date of 1 May 2004. In derogation from the third sentence of Article 5(1) of Decision ECB/2001/16, the ECB shall inform the NCBs of the amounts of cumulative monetary income relating to the period from 1 January 2004 to 30 April 2004 on a four-monthly basis and relating to the period from 1 May 2004 to 30 June 2004 on a two-monthly basis.
   2.   In relation to the period from 1 January 2004 until 30 April 2004, the NCBs' pooled monetary income, the remuneration on the NCBs' claims equivalent to the foreign reserve assets transferred to the ECB and the remuneration on the intra-Eurosystem balances on euro banknotes in circulation shall be allocated and distributed in accordance with the capital key weightings applicable on 30 April 2004. The ECB’s income on euro banknotes for the first quarter of 2004 shall be allocated in accordance with the capital key weightings applicable on 30 April 2004, and for the second quarter of 2004 in accordance with the capital key weightings applicable from 1 May 2004.
   3.   The ECB’s net profit or loss, as the case may be, for the financial year 2004 shall be allocated on the basis of the capital key weightings applicable from 1 May 2004.
   4.   If at the end of 2004 the ECB calculates that it is likely to make an overall loss for the financial year 2004, or if its likely net profit is lower than the amount of the ECB’s income on euro banknotes earned during the year, the ECB shall retain the ECB’s income on euro banknotes for the fourth quarter of 2004. Depending on the size of any estimated loss, the ECB shall also require the reversal of part or all of any interim distributions of the ECB’s income on euro banknotes earned in the third, second and first quarters of 2004, in that order, until such loss is covered. In the event that the ECB makes a loss in the financial year 2004 and the ECB’s income on euro banknotes earned during the financial year 2004 is insufficient to cover such loss, the ECB shall offset the loss against the following:

               (a)

               funds released from the ECB’s general reserve fund;

               (b)

               subject to a decision of the Governing Council under Article 33 of the Statute, the NCBs’ pooled monetary income from 1 May 2004 until 31 December 2004;

               (c)

               subject to a decision of the Governing Council under Article 33 of the Statute, the NCBs’ pooled monetary income from 1 January 2004 to 30 April 2004.

         5.   If any part of the distributed ECB’s income on euro banknotes for the first quarter of 2004 needs to be repaid pursuant to paragraph 4 and if the NCBs' pooled monetary income from 1 January 2004 until 30 April 2004 needs to be transferred back to the ECB, compensatory payments in addition to the payments described in Article 2 and Article 3 shall be made. Each participating NCB whose capital key weighting increases on 1 May 2004 shall make such a payment to the ECB, and the ECB shall make such a payment to each participating NCB whose capital key weighting decreases on 1 May 2004. The amount of the compensatory payments shall be calculated as follows. The total repayable ECB’s income on euro banknotes for the first quarter of 2004 shall be multiplied by the absolute difference between the participating NCB’s capital key weighting on 30 April 2004 and its capital key weighting on 31 December 2004 and the result shall be divided by 100. The total retransferable monetary income for the period from 1 January 2004 until 30 April 2004 shall be multiplied by the absolute difference between the participating NCB’s capital key weighting on 30 April 2004 and its capital key weighting on 31 December 2004 and the result shall be divided by 100. Interest shall accrue on the compensatory payments relating to the NCBs' pooled monetary income from 1 January 2005 until the payment date of these payments.
   6.   The additional compensatory payments relating to the ECB’s income on euro banknotes as described in paragraph 5 shall be paid on 4 January 2005. The additional compensatory payments relating to the NCBs' pooled monetary income as described in paragraph 5, as well as the interest accrued thereon, shall be paid on the second working day after the second Governing Council meeting held in March 2005.
   Article 5
   General provisions
   1.   The interest accruing under paragraph 5 of Article 2, paragraph 4 of Article 3 and paragraph 5 of Article 4 shall be calculated on a daily basis, using the actual 360-day method of calculation, at a rate equal to the marginal interest rate used by the ESCB in its most recent main refinancing operation.
   2.   Each transfer pursuant to paragraphs 1, 2 and 5 of Article 2, paragraphs 3 and 4 of Article 3 and paragraphs 5 and 6 of Article 4 shall take place separately through the Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET).
   3.   The ECB and the participating NCBs that are under an obligation to effect any of the transfers referred to in paragraph 2 shall, in due course, give the necessary instructions for duly executing such transfers on time.
   Article 6
   Final provision
   This Decision shall enter into force on 23 April 2004.

      Done at Frankfurt am Main, 22 April 2004.

            The President of the ECB

         Jean-Claude TRICHET

      (1)  See page 5 of this Official Journal.

      (2)  OJ L 323, 28.11.2002, p. 49.

      (3)  OJ L 337, 20.12.2001, p. 55. Decision as amended by Decision ECB/2003/22 (OJ L 9, 15.1.2004, p. 39).


Avis juridique important

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41982D0206

82/206/ECSC, EEC, Euratom: Decision of the representatives of the Governments of the Member States of the European Communities of 1 April 1982 appointing a Member of the Commission of the European Communities

Official Journal L 099 , 15/04/1982 P. 0033 - 0033

*****DECISION  OF THE REPRESENTATIVES OF THE GOVERNMENTS OF THE MEMBER STATES OF THE EUROPEAN COMMUNITIES  of 1 April 1982  appointing a Member of the Commission of the European Communities  (82/206/ECSC, EEC, Euratom)  THE REPRESENTATIVES OF THE GOVERNMENTS OF THE MEMBER STATES OF THE EUROPEAN COMMUNITIES,  Having regard to the Treaty establishing a single Council and a single Commission of the European Communities, and in particular Article 11 and the second subparagraph of Article 12 thereof,  Whereas Mr Michael O'Kennedy was appointed Member of the Commission by Decision of the representatives of the Governments of the Member States of 1 January 1981; whereas Mr Michael O'Kennedy tendered his resignation on 9 March 1982;  Whereas, therefore, a replacement must be found for the vacancy thus created,  HAVE DECIDED AS FOLLOWS:  Sole Article  Mr Richard Burke is hereby appointed Member of the Commission of the European Communities for the period 1 April 1982 to 5 January 1985 inclusive.  Done at Brussels, 1 April 1982.  The President  P. NOTERDAEME


title: 2010/362/: Decision of the representatives of the Governments of the Member States of the European Union of 23 June 2010 appointing Judges to the General Court

text:
               30.6.2010

               EN

               Official Journal of the European Union

               L 163/41

         DECISION OF THE REPRESENTATIVES OF THE GOVERNMENTS OF THE MEMBER STATES OF THE EUROPEAN UNION
   of 23 June 2010
   appointing Judges to the General Court
   (2010/362/EU)
   THE REPRESENTATIVES OF THE GOVERNMENTS OF THE MEMBER STATES OF THE EUROPEAN UNION,
   Having regard to the Treaty on European Union, and in particular Article 19 thereof,
   Having regard to the Treaty on the Functioning of the European Union, and in particular Articles 254 and 255 thereof,
   Whereas:

               (1)

               The terms of office of the following Judges at the General Court are due to expire on 31 August 2010: Josef AZIZI, Valeriu CIUCĂ, Ottó CZÚCZ, Franklin DEHOUSSE, Sten FRIMODT NIELSEN, Marc JAEGER, Küllike JÜRIMÄE, Heikki KANNINEN, Eugénia MARTINS DE NAZARÉ RIBEIRO, Arjen W. H. MEIJ, Savvas S. PAPASAVVAS, Juraj SCHWARCZ, Mihalis VILARAS and Irena WISZNIEWSKA-BIAŁECKA.

               (2)

               The Governments of the Member States have proposed to reappoint as Judges at the General Court Josef AZIZI, Ottó CZÚCZ, Franklin DEHOUSSE, Sten FRIMODT NIELSEN, Marc JAEGER, Küllike JÜRIMÄE, Heikki KANNINEN, Mme Eugénia MARTINS DE NAZARÉ RIBEIRO, Savvas S. PAPASAVVAS, Juraj SCHWARCZ and Irena WISZNIEWSKA-BIAŁECKA. The panel set up by Article 255 of the Treaty on the Functioning of the European Union has given an opinion on the suitability of the aforementioned eleven judges to perform the duties of Judge of the General Court of the European Union. Afterwards, the application of Mr Ottó CZÚCZ has been withdrawn.

               (3)

               Ten members of the General Court should therefore be appointed for the period from 1 September 2010 to 31 August 2016; judges for the four vacancies still to be filled will be appointed at a later date.

         HAVE ADOPTED THIS DECISION:
   Article 1
   The following are hereby appointed Judges at the General Court from 1 September 2010 to 31 August 2016:

               Mr Josef AZIZI

               Mr Franklin DEHOUSSE

               Mr Sten FRIMODT NIELSEN

               Mr Marc JAEGER

               Ms Küllike JÜRIMÄE

               Mr Heikki KANNINEN

               Ms Eugénia MARTINS DE NAZARÉ RIBEIRO

               Mr Savvas S. PAPASAVVAS

               Mr Juraj SCHWARCZ

               Ms Irena WISZNIEWSKA-BIAŁECKA

         Article 2
   This Decision shall take effect on the day following its publication in the Official Journal of the European Union.

      Done at Brussels, 23 June 2010.

            The President

         C. BASTARRECHE SAGÜÉS


title: 75/193/EEC: Council Decision of 17 February 1975 on the conclusion of the Agreement between the European Economic Community and the Lebanese Republic on the supply of skimmed-milk powder as food aid

text:
No L 81 / 24                      Official Journal of the European Communities                       1 . 4 . 75
                                              COUNCIL DECISION
                                               of 17 February 1975
             on the conclusion of the Agreement between the European Economic Commu
             nity and the Lebanese Republic on the supply of skimmed-milk powder as food
                                                          aid
                                                    (75/ 193/EEC)
             THE COUNCIL OF THE EUROPEAN COMMUNITIES,
             Having regard to the Treaty establishing the European Economic Community, and in
             particular Articles 113 , 114 and 228 thereof ;
             Having regard to the recommendation from the Commission ;
             Whereas by Regulation (EEC) No 1827/74, the Council decided to make 100 metric tons
             of skimmed-milk powder available to the Lebanese Republic,
             HAS DECIDED AS FOLLOWS :
                                                      Article 1
             The Agreement between the European Economic Community and the Lebanese Republic
             on the supply of skimmed-milk powder as food aid is hereby concluded on behalf of the
             Community.
             The text of the Agreement is annexed to this Decision .
                                                      Article 2
             The President of the Council is hereby authorized to designate the persons empowered to
             sign the Agreement, and to confer on them the powers necessary to bind the Community.
             Done at Brussels, 17 February 1975.
                                                                        For the Council
                                                                         The President
                                                                           R. RYAN


Avis juridique important

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31995D0449

95/449/EC, Euratom, ECSC: Commission Decision of 2 October 1995 adjusting the weightings applicable from 1 November 1993 to the remuneration of officials of the European Communities serving in third countries

Official Journal L 263 , 04/11/1995 P. 0026 - 0027

COMMISSION DECISION of 24 October 1995 on the list  of programmes of checks aimed at the prevention of zoonoses qualifying for a financial contribution  from the Community in 1996 (Text with EEA relevance) (95/469/EC)THE COMMISSION OF  THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Decision 90/424/EEC of 26 June 1990 on expenditure in the veterinary field   (1), as last amended by Decision 94/370/EC  (2), and in particular Article 32 thereof, Whereas in drawing up the list of programmes of checks aimed at the prevention of zoonoses  qualifying for a financial contribution from the Community for 1996, and each programme, both the  interest of each programme for the Community and the volume of available appropriations must be  taken into account; Whereas, as regards zoonoses, the Commission has approved, by Decision 94/507/EC  (3), the plan  presented by Denmark to monitor and control salmonella in poultry; Whereas Denmark has supplied the Commission with all the information enabling it to assess the  interest for the Community of providing a financial contribution to the programme for 1996; Whereas Greece and Portugal have submitted a control programme for echinoccosis/hydatidosis;  whereas the Commission has examined these programme from both the veterinary and the financial  point of view; Whereas the programmes on the list set out in this Decision will have to be approved individually  at a later date; Whereas the measures provided for in this Decision are in accordance with the opinion of the  Standing Veterinary Committee, HAS ADOPTED THIS DECISION: Article 1 1.  The programmes listed in the Annex hereto shall qualify for a  financial contribution from the Community in 1996. 2.  For the programmes referred to in paragraph 1, the proposed rate and amount of the Community  financial contribution shall be as set out in the Annex. Article 2 This Decision is addressed to the Member States. Done at Brussels, 24 October 1995. For the Commission Franz FISCHLER Member of the Commission  ANNEX >TABLE>