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Stability and Convergence Programmes: The 2002/2003 Updates

01-11-2003

All EU Member States submitted the fourth update to their stability (for euro area countries) or convergence (for the three outside the euro area countries) programmes by early 2003. The growth projections for 2003 were scaled down from the third updates as a consequence of the economic outlook that turned bleaker than expected during 2002. Deficits deepened in most Member States, and they are likely to break the 3% limit in some. The Commission and the Council published their opinions on the programmes ...

All EU Member States submitted the fourth update to their stability (for euro area countries) or convergence (for the three outside the euro area countries) programmes by early 2003. The growth projections for 2003 were scaled down from the third updates as a consequence of the economic outlook that turned bleaker than expected during 2002. Deficits deepened in most Member States, and they are likely to break the 3% limit in some. The Commission and the Council published their opinions on the programmes by mid-July 2003.

Institutional Status of the European Investment Bank

01-05-2003

This document was requested by the Greens/EFA Group in the European Parliament and attempts to reply to a series of questions posed by the Group on possible changes to the legal instruments binding the EIB's activities in the context of a forthcoming Inter-Governmental Conference. The layout follows the order of the questions. Based on the request of the Green/EFA group, this paper summarises the basis of the criticism, examines the measures the EIB has adopted or is about to adopt to solve them, ...

This document was requested by the Greens/EFA Group in the European Parliament and attempts to reply to a series of questions posed by the Group on possible changes to the legal instruments binding the EIB's activities in the context of a forthcoming Inter-Governmental Conference. The layout follows the order of the questions. Based on the request of the Green/EFA group, this paper summarises the basis of the criticism, examines the measures the EIB has adopted or is about to adopt to solve them, and presents the areas where further action is needed. After a brief description of the EIB in Chapter II, the third chapter analyses the institutional status of the EIB. Chapter IV analyses the position of the EIB based on the revised Public Access to Documents. Chapter V reviews the applicability of Community and other multilateral provisions in relation to the EIB transparency and anti-corruption policy. Chapter VI is dedicated to the environmental policy of the EIB. Chapter VII outlines the applicability of Community provisions and mechanisms in relation to the EIB 's development policy in third countries. It provides an introduction to Chapter VIII, which covers legal options regarding a separation of EIB operations in activities within the Union and accession countries and in activities in third countries.

Ārējais autors

Zoltan Macsik

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