memorandum european coal steel commun ecsc consult committe futur ecsc financi activ unanim adopt session march consult committe memorandum novemb number document futur ecsc treati publish compet european institut commun commiss council futur ecsc treati financi activ doc sec final novemb conclus council meet novemb ecsc treati financi activ commun commiss council borrow lend activ doc final octob commiss work document updat commun council novemb futur ecsc treati financi activ doc sec final octob resolut adopt european parliament decemb draft ecsc oper budget express view number occas point memorandum novemb resolut decemb aspect ecsc financi activ consult committe felt close commiss recent propos transfer ecsc lend activ eib financ social measur connect restructur coal steel industri financ ecsc research activ committe keen proper balanc aspect phase phase reserv return futur point rais chapter memorandum novemb specif respons commiss field coal steel public aid committe wish restat opinion depart ecsc reserv primarili assist enterpris worker provid fund enabl reserv form transfer ecsc borrow lend activ make releas maximum amount reserv view current situat coal steel industri alloc prioriti process restructur coal steel industri mitig social industri cost involv time creat condit reduc rate levi comparison success document publish commiss reveal year commiss propos fundament chang commun novemb commiss state reduc ecsc lend activ eib financ interest rate subsidi convers loan erdf european social fund part readapt aid accord object fund incorpor phase ecsc research fourth framework programm ec research scenario annex commun put forward year reduct reserv ecu million million convers loan million loan invest encourag consumpt ecsc product document sec octob commiss longer releas reserv reason commiss postpon date wish earmark part ecsc reserv guarante loan propos grant assist restructur european steel industri lai principl transfer eib appli loan applic propos loan transfer immedi consumpt commun steel major infrastructur project postpon transfer convers loan state consumpt loan ecu million ecsc facil countri central eastern europ transfer consult committe natur approv commiss intent alloc part ecsc financi resourc pre financ voluntari mechan restructur steel industri repres figur maximum futur ecsc loan consid transfer consumpt loan convers loan eib sooner plan line institut task set articl treati european union alongsid transfer eib ecsc convers loan systemat possibl offer erdf addit aid form interest rate subsidi convers loan financ ecsc budget transfer gener budget decid temporari mechan assist sme point committe support request express european parliament resolut decemb recommend commiss effect longer grant ecsc loan fall categori convers loan consumpt loan gener interest transfer eib task examin basi criteria loan request submit commiss request studi possibl directli ec guarante loan fall categori mention grant consid commiss review posit ecsc loan countri central eastern europ experi fall field compet gener financi instrument european union ebrd request commiss studi futur ecsc social hous polici committe consid import financi implic polici request commiss provid explan state reserv risk balanc sheet committ financi oblig incur guarante fund social measur committe insist commiss clarifi european social fund gener budget contribut social measur coal steel industri consider increas initi estim social consequ restructur industri greatli exceed financ research consult committe request method organ ecsc research technic social prove success year commun practic maintain consid contrast cut fund ecsc research figur budget suffici fund alloc ecsc research treati expir order prepar smooth transit ecsc fund ec fund commiss delai actual possibl exist incorpor ecsc research activ ec gener research programm conclus committe consid treati expir ecsc financi resourc concentr urgent prioriti coal steel industri commiss urg carri fundament structur adjust concentr ecsc financi resourc borrow lend activ transfer quickli greater extent intend commiss time coal steel industri brought greater extent sphere financi respons european union inter sector instrument consult committe stress bring industri abovement sphere financi respons justifi fact put foot econom activ european union consid find practic express matter prioriti grant ec guarante loan gener interest oj oj