council decis novemb grant commun guarante european invest bank eib loss loan project reconstruct earthquak stricken area turkei ec council european union regard treati establish european commun articl thereof regard propos commiss regard opinion european parliament turkish area koca sakarya bolu yalova stricken earthquak august recent aftershock gener affair council septemb conclud quot forward earli consider substanti assist rehabilit reconstruct eib lend macrofinanci assist meda ii turkei benefit substanti quot council underlin import mobilis assist quickli gener affair council septemb ecofin council octob conclud quot council invit commiss put forward time propos council decis commun guarante eib loss loan reconstruct earthquak affect area turkei adopt decis council possibl end novemb line ceil eur million credit open reconstruct turkei year ceil exclus financ invest project carri replac rehabilit reconstruct infrastructur industri instal affect earthquak august turkei quot novemb ecofin council confirm urgenc adopt decis reason urgenc respect normal time limit week full inform member state nation parliament accord protocol role nation parliament european union attach treati amsterdam modifi treati european union loan extend special eib lend facil reconstruct turkei guarante decis exclus aim replac reconstruct rehabilit damag surfac subsurfac infrastructur industri instal sme urban infrastructur hous affect earthquak octob council adopt regul ec euratom establish guarante fund extern action eib present complet loan programm central eastern europ mediterranean region asia latin america republ south africa current eib extern lend mandat pursuant decis ec april commiss put forward propos renew gener eib extern lend mandat period expiri current mandat renew gener mandat council juli agre subject opinion european parliament guarante rate guarante annual amount eur million durat mandat year review access latest half year whichev earlier eib establish lend oper turkei exist oper regular contact relev turkish author intern financi institut activ turkei june commiss agreement eib present council propos guarante system eib lend countri decemb council approv conclus guarante arrang eib lend countri approach global guarante distinguish region project approv risk share scheme accept risk share scheme eib secur adequ sovereign parti guarante commerci risk budgetari guarante case cover polit risk global guarante cover gener eib extern lend mandat laid decis ec intend renew successor decis appli special eib lend facil reconstruct turkei laid current decis credit open current decis entri forc relev successor decis benefit global guarante successor decis view special natur project financ eib decis oblig seek risk share government guarante eib select invest project financ consult turkish author eib coordin invest prioriti individu oper intern financi institut activ affect region turkei eib arrang financ intern financi institut eib financ decis manag accord eib usual criteria procedur includ control measu relev rule procedur audit court auditor cooper european anti fraud offic olaf support prompt effect replac rehabilit reconstruct infrastructur industri instal affect earthquak regular consult eib commiss ensur coordin prioriti activ part turkei measur progr fulfil object decis set period review oper object measur fulfil respons eib board director eib commiss fix term guarante treati provid adopt decis power articl decid articl object commun grant european invest bank hereinaft refer quot eib quot global guarante respect payment receiv due respect credit open accord usual criteria invest project carri replac rehabilit reconstruct surfac subsurfac infrastructur industri instal sme urban infrastructur hous affect earthquak august turkei recent aftershock articl ceil condit ceil credit open eur million equival thereof commun guarante respect credit open eib decis entri forc successor decis decis ec form extens global guarante grant eib gener extern lend mandat laid decis ec entri forc successor decis commun guarante cover subsequ addit credit open eib decis form extens global guarante grant successor decis extens guarante decis ec successor decis restrict aggreg amount credit open decis relat sum purpos lend decis eib exception oblig seek government guarante cover commerci risk articl report commiss inform european parliament council year loan oper carri decis time submit assess implement decis coordin intern financi institut involv reconstruct effort turkei commiss inform submit european parliament council includ assess contribut lend decis replac rehabilit reconstruct infrastructu industri instal affect earthquak take account oper object measur fulfil establish eib lend decis purpos eib transmit commiss inform articl durat present guarante cover loan sign period year date adopt decis expiri year loan sign eib attain ceil refer articl period automat extend month articl final provis eib commiss fix term guarante decis publish offici journal european commun effect dai adopt brussel novemb council presid niinistö oj regul amend regul ec euratom oj council decis ec april grant commun guarante european invest bank loss loan project commun central eastern europ countri mediterranean countri latin american asian countri south africa yugoslav republ macedonia bosnia herzegovina oj decis amend decis ec oj