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Feed/CNS2003/0233(CNS)Other

Regulation on a Guarantee Fund for external actions

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 263mo ago
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This regulation establishes a Guarantee Fund to cover financial risks associated with loans granted to third countries. It ensures the EU's financial stability when providing external financial assistance, particularly for enlargement countries.

The fund impacts countries receiving EU loans and affects the EU budget's financing through own resources. It aims to safeguard the EU's financial interests in its external relations.