The proposal was amended as follows:

Text proposed by the Commission   Amendments by Parliament Amendment 1 Title Proposal for a Council decision on further exceptional financial assistance to Kosovo Proposal for a Council decision on further exceptional financial assistance to Kosovo (Federal Republic of Yugoslavia) Amendment 2 Citation 1 Having regard to the Treaty establishing the European Community, and in particular Article 308 thereof, Having regard to the Treaty establishing the European Community, and in particular Article 308 thereof, as well as Council Regulation (EC) No 2666/2000 of 5 December 2000 on assistance for Albania, Bosnia and Herzegovina, Croatia, the Federal Republic of Yugoslavia and the Former Yugoslav Republic of Macedonia, repealing Regulation (EC) No 1628/96 and amending Regulations (EEC) No 3906/89 and (EEC) No 1360/90 and Decisions 97/256/EC and 1999/311/EC(1 ), and in particular its Article 6(4), _____________ (1 ) OJ L 306, 7.12.2000, p.1. Amendment 3 Recital 11    (11) Although economic activity has resumed with considerable speed after the conflict, Kosovo is at a low level of economic development and its GDP per capita is estimated to be below other countries of the region and to be one of the lowest in Europe;    (11) Although economic activity has resumed with considerable speed after the conflict, Kosovo is at a low level of economic development and its GDP per capita is estimated to be one of the lowest in the region and in Europe; Amendment 4 Recital 12 a (new) (12a) The provision of external budgetary support should be fairly shared among donors, with a view to help cover the financing needs identified under the budget prepared for Kosovo by UNMIK. Amendment 5 Recital 13    (13) The Community found it an appropriate measure to help ease Kosovo's financial constraints in the exceptionally difficult circumstances and already provided for financial assistance in the form of straight grants in 2000 amounting to EUR 35 million;    (13) The Community found it an appropriate measure to help, with other donors, ease Kosovo's financial constraints in the exceptionally difficult circumstances and already provided for financial assistance in the form of straight grants in 2000 amounting to EUR 35 million; Amendment 6 Recital 15    (15) Without prejudice to the powers of the budgetary authority, the financial assistance will be part of the envelope of aid foreseen for Kosovo in 2001 , and therefore subject to the funds being available in the general budget;    (15) Without prejudice to the powers of the budgetary authority, the financial assistance will be part of the envelope of aid foreseen for Kosovo, and therefore subject to the funds being available in the general budget; Amendment 7 Recital 15 a (new) (15a) The macrofinancial assistance paid from the EU budget should be assessed according to the degree of sound implementation of all the aspects of Community assistance over the previous years as well as to the progress made by the economic reform and political stabilisation including an evaluation of spending capacities; Amendment 8 Recital 16 a new (16a) Community financing may cover, pursuant to Article 6(4) of Regulation (EC) No 2666/2000 (CARDS Programme), exceptional financial assistance decisions which are taken by the Council on the basis of Article 308 of the Treaty. Amendment 9 Article 1, paragraph 1    1. In addition to the financial assistance already decided by the Council (2000/140/CE) on 14 February 2000, the Community shall make available to UNMIK exceptional financial assistance in the form of straight grants of up to EURO 30 million, with a view to alleviating the financial situation in Kosovo, facilitating the establishment and continuation of essential administrative functions and supporting the development of a sound economic framework.    1. In addition to the financial assistance already decided by the Council (2000/140/CE) on 14 February 2000, the Community shall make available to UNMIK, in conjunction with the contributions of the other donors, exceptional financial assistance in the form of straight grants of up to EUR 30 million, with a view to alleviating the financial situation in Kosovo, facilitating the establishment and continuation of essential administrative functions and supporting the development of a sound economic framework. Amendment 10 Article 2, paragraph 1 a (new) 1a. The exceptional financial assistance may only be used to finance the budgetary needs of public, semi-public, municipal and other administrations and institutions covered by the Kosovo Consolidated Budget. Amendment 11 Article 2, paragraph 2    2. The Commission shall verify at regular intervals, in consultation with the Economic and Financial Committee and in liaison with the IMF and the World Bank, that economic policies in Kosovo respect the objectives and economic policy conditions of this assistance.    2. The Commission shall verify at regular intervals, in consultation with the Political and Security Committee (PSC) and with the Economic and Financial Committee and in liaison with the IMF and the World Bank, that economic policies in Kosovo respect the objectives and economic policy conditions of this assistance and the restrictions imposed by Article 2(1a). Amendment 12 Article 3, paragraph 1    1. The assistance shall be made available to UNMIK in at least two instalments. Subject to the provisions of Article 2, the first instalment is to be released on the basis of a Memorandum of Understanding between UNMIK and the Community.    1. The assistance shall be made available to UNMIK in at least two instalments. Subject to the provisions of Article 2, the first instalment is to be released within six weeks of this Decision entering into force on the basis of a Memorandum of Understanding between UNMIK and the Community. This Memorandum of Understanding shall be forwarded to the Council and the European Parliament. Amendment 13 Article 3, paragraph 1 a (new) 1a. The Memorandum of Understanding between UNMIK and the Community shall be based on the principles underlying Community external aid and shall conform to the conditions on granting the ad hoc exceptional financial assistance laid down in Regulation (EC) No 2666/2000. Amendment 14 Article 3, paragraph 2    2. Subject to the provisions of Article 2, the second and any possible further instalment shall be released on the basis of a successful completion of the economic policy conditions referred to in Article 2(1) and not before three months after the release of the previous instalment .    2. Subject to the provisions of Article 2, the second and any possible further instalment shall be released on the basis of a successful completion of the economic policy conditions referred to in Articles 1(1) and 2(1) and before the end of the financial year . Amendment 15 Article 5 The Commission shall address to the European Parliament and to the Council an annual report , which will include an evaluation on the implementation of this Decision. The Commission shall address to the European Parliament and to the Council a progress report before September each year , which shall include an evaluation of the implementation of this Decision based on the principles laid down in recital 15a . This report shall also include an evaluation of the ability of Kosovo to sustain its budget, independent of external donors' grants.

(Consultation procedure)

The European Parliament,

-  having regard to the Commission proposal to the Council (COM(2001) 81 ),

-  having been consulted by the Council pursuant to Article 308 of the EC Treaty (C5-0138/2001 ),

-  having regard to Rule 67 of its Rules of Procedure,

-  having regard to the report of the Committee on Foreign Affairs, Human Rights, Common Security and Defence Policy and the opinions of the Committee on Budgets and the Committee on Industry, External Trade, Research and Energy (A5-0209/2001 ),

1.  Approves the Commission proposal as amended;

2.  Calls on the Commission to alter its proposal accordingly, pursuant to Article 250(2) of the EC Treaty;

3.  Calls on the Council to notify Parliament should it intend to depart from the text approved by Parliament;

4.  Asks to be consulted again if the Council intends to amend the Commission proposal substantially;

5.  Instructs its President to forward its position to the Council and Commission.