council regul eec june implement protocol financi technic cooper conclud commun mediterranean member countri council european commun regard treati establish european econom commun articl thereof regard decis conclus protocol financi technic cooper commun member mediterranean countri hereinaft refer protocol regard propos commiss regard opinion european parliament protocol provid oper financ commun budget form grant special loan contribut constitut risk capit loan resourc european invest bank hereinaft refer bank lai detail arrang rule administr financi cooper loan oper involv interest rate subsidi grant loan bank resourc grant interest rate subsidi financ budgetari resourc commun link condit bank accord statut unanim decis board director presenc unfavour opinion commiss decid grant loan resourc subject grant interest rate subsidi account aspect ensur procedur adopt grant interest rate subsidi result case express decis grant subsidi refus make provis committe consist repres member state assist bank task attribut implement regul june council adopt resolut coordin cooper polici oper commun purpos adopt regul power provid treati articl adopt regul articl implement aid recipi countri commiss ensur applic polici guidelin financi technic cooper agre countri context mediterranean polici updat develop cooper polici laid council articl order ensur consist cooper improv complementar oper member state commiss bank exchang relev inform financ envisag grant possibl financ sought inform exchang member state commiss bank commun framework committe refer articl inform possess bilater multilater aid recipi countri articl oper support structur adjust programm implement basi principl support programm adapt situat countri econom social condit account support programm provid measur allevi neg effect structur adjust process social term regard employ disadvantag popul group rapid disburs main characterist support programm elig criteria met countri concern carri reform programm approv bretton wood institut implement programm recogn similar concert institut necessarili back line scale effect reform macro econom level account econom situat countri refer level indebted debt servic burden balanc payment situat avail foreign currenc budgetari situat monetari situat capita gross domest product level unemploy project elig financ form technic assist measur link support programm concern macro econom level sector affect structur adjust sector gener import programm job creation programm aim import programm contribut expans product capac counterpart fund gener import programm financ measur aim mitig advers social repercuss structur adjust job creation analys situat countri elig accord paragraph basi criteria refer paragraph commiss apprais scope effect reform undertaken area cover criteria aid structur adjust link directli adjust oper measur recipi countri procedur award contract suffici flexibl adapt recipi countri normal administr commerci practic case privat sector genuin impract adher procedur detail protocol articl financi regul decemb applic gener budget european commun appli precis procedur explicitli establish case case basi term individu financ propos import public semi public sector usual procedur stipul protocol award public contract commiss inform member state year implement structur adjust oper problem aris connect continu elig oper articl financ decis relat project oper financ commun budget adopt accord procedur financ decis interest rate subsidi bank loan risk capit special loan adopt accord procedur laid articl financ decis relat global credit technic cooper train trade promot project adopt accord procedur laid articl commiss regularli inform committe refer articl util global credit decis amend decis adopt accord procedur laid articl adopt commiss substanti amend addit commit excess origin commit financ decis relat interest rate subsidi bank loan adopt accord procedur laid articl financ decis relat risk capit loan special term adopt accord procedur laid articl articl measur refer regul financ budget commun administ commiss prejudic manag bank interest rate subsidi risk capit oper loan special term author confer commiss behalf commun pursuant articl financi regul decemb applic gener budget european commun year commiss bank send member state inform collect elig countri sector project support regul articl commiss assist committe med committe made repres member state chair repres commiss repres bank part proceed vote repres commiss submit committe draft measur committe deliv opinion draft time limit chairman lai urgenc matter opinion deliv major laid articl treati case decis council requir adopt propos commiss vote repres member state committe weight manner set articl chairman vote commiss adopt measur envisag accord opinion committe measur envisag accord opinion committe opinion deliv commiss delai submit council propos relat measur council act qualifi major expiri period month date referr council act propos measur adopt commiss committe adopt rule procedur unanim basi draft submit commiss articl project financ subsid loan bank draw financ propos accord provis statut bank seek opinion commiss accord articl statut committe provid articl regul commite issu opinion bank propos repres commiss convei committe commiss posit project concern conform object protocol conclud countri concern gener guidelin adopt council addit committe inform bank subsid loan bank envisag grant resourc basi consult bank request commiss financ decis grant interest rate subsidi project concern commiss submit med committe draft decis author refus fund interest rate subsidi decis accord procedur laid articl commiss commun decis refer paragraph bank decis grant subsidi grant loan articl bank submit project risk capit oper committe provid articl opinion repres commiss convei committe commiss posit project concern conform object protocol conclud countri concern gener guidelin adopt council basi consult bank forward project commiss commiss financ decis period characterist project commiss forward decis refer paragraph bank measur articl committe consist repres member state hereinaft refer articl committe set bank committe chair repres member state hold presid board governor bank secretariat provid bank repres commiss part proceed rule procedur committe adopt unanim council committe act qualifi major accord articl treati committe vote repres member state weight accord articl treati articl prejudic bank mandat provid articl commiss respons implement aid term project oper financ aid implement recipi countri recipi provis made protocol conclud countri close liaison relev author recipi countri countri commiss respons term project financ commun aid recipi carri control requir paragraph commiss examin jointli bank extent object chosen accord agreement protocol conclud recipi countri achiev commiss send annual report implement aid notabl complianc term paragraph european parliament council articl commiss bank act respect project respons evalu main project aim find object set project identifi achiev establish guidelin design improv effici futur aid evalu report forward member state articl regul eec repeal articl regul enter forc dai public offici journal european commun regul bind entireti directli applic member state luxembourg june council presid jorg braga de macedo oj oj oj financi regul amend regul euratom ecsc eec oj oj