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2001/0062(CNS)COM(2001)113

Balance of Payments Medium-Term Financial Assistance Regulation

Proposal for a COUNCIL REGULATION establishing a facility providing medium-term financial assistance for member states' balances of payments

Stage
In force, reached 23 Feb 2002
In force
In force since 24 Feb 2002 · CELEX 32002R0332
Procedure
Regulation · Consultation procedure
Last activity
24 Feb 2002
6 documents

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Summary

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Council Regulation (EC) No 332/2002 sets up a Community medium-term financial assistance facility for member states facing balance-of-payments difficulties. Only member states that have not adopted the euro may draw on it, with outstanding loans capped at EUR 12 billion in principal. Loans carry economic policy conditions and are disbursed in instalments.

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Sources: EP Legislative Observatory · EU Law Tracker · EUR-Lex. Record as of 12 Oct 2026. Something wrong on this page? Report an error.

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