council decis april appli decis eec empow commiss contract loan purpos promot invest commun eec council european commun regard treati establish european econom commun regard council decis eec march empow commiss contract loan purpos promot invest commun articl thereof regard propos commiss regard opinion european parliament purpos commun action implement structur invest project attain commun prioriti object energi industri infrastructur sector commun set object stimul recoveri econom activ support common polici commun measur make optimum commun financi instrument aim realis invest project contribut greater converg econom polici member state object reaffirm european council luxembourg june attent direct invest contribut effici energi invest contribut develop region infrastructur commun interest invest small medium size undertak commun instrument design facilit invest provid access commun financi sourc specif high prioriti sector commun action area serv commun object reduc unemploy region dispar decid articl singl tranch borrow author amount exce equival million ecu principl articl proce borrow lent financ invest project carri commun territori attain prioriti commun object energi infrastructur sector promot small medium size undertak purpos tranch invest cover effici energi replac oil sourc energi sector infrastructur project facilit replac infrastructur project contribut region develop commun interest includ transport telecommun inform technolog transmiss energi water suppli infrastructur environment protect product invest project small medium size undertak articl commiss decid project elig accord guidelin provis articl order meet commun princip econom problem provis treati secondari legisl relat competit commun rule polici applic field question luxembourg april council presid de clercq oj oj opinion deliv april publish offici journal