(Consultation procedure)

The European Parliament,

–   having regard to the Commission proposal to the Council (COM(2006)0621)(1),

–   having regard to Article 3 of Council Decision 94/375/EC of 6 June 1994 on Community membership of the European Investment Fund(2), pursuant to which the Council consulted Parliament (C6-0426/2006),

–   having regard to Rule 51 of its Rules of Procedure,

–   having regard to the report of the Committee on Budgets (A6-0065/2007),

1.  Approves the Commission proposal;

2.  Calls on the Council to notify Parliament if it intends to depart from the text approved by Parliament;

3.  Asks the Council to consult Parliament again if it intends to amend the Commission proposal substantially;

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

(1) Not yet published in OJ. (2) OJ L 173, 7.7.1994, p. 12.