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Document 12006E/APP/04

Amendments to Primary Legislation further to the Accession of the Republic of Bulgaria and Romania to the European Union
IV. Protocol on the statute of the European Investment Bank

OJ C 321E, 29.12.2006, p. 329–331 (ES, CS, DA, DE, ET, EL, EN, FR, GA, IT, LV, LT, HU, MT, NL, PL, PT, SK, SL, FI, SV)

12006E/APP/04

Amendments to Primary Legislation further to the Accession of the Republic of Bulgaria and Romania to the European Union - IV. Protocol on the statute of the European Investment Bank

Official Journal C 321 E , 29/12/2006 P. 0329 - 0331


AMENDMENTS TO PRIMARY LEGISLATION FURTHER TO THE ACCESSION OF THE REPUBLIC OF BULGARIA AND ROMANIA TO THE EUROPEAN UNION

Further to the entry in force of the Treaty concerning the accession of the Republic of Bulgaria and Romania to the European Union, the following articles shall be amended as set out below.

IV. PROTOCOL ON THE STATUTE OF THE EUROPEAN INVESTMENT BANK

1. In Article 3, entries for the Republic of Bulgaria and Romania shall be inserted.

2. In Article 4(1), first subparagraph:

(a) the introductory sentence shall be replaced by the following:

"1. The capital of the Bank shall be EUR 164795737000, subscribed by the Member States as follows [1]:"

(b) the following entries shall be inserted:

"Bulgaria | 296000000 |

Romania | 846000000" |

3. In Article 11(2) the first and third subparagraphs shall be replaced respectively by the following:

"2. The Board of Directors shall consist of twenty-eight directors and eighteen alternate directors.

[…]

The alternate directors shall be appointed by the Board of Governors for five years as shown below:

- two alternates nominated by the Federal Republic of Germany,

- two alternates nominated by the French Republic,

- two alternates nominated by the Italian Republic,

- two alternates nominated by the United Kingdom of Great Britain and Northern Ireland,

- one alternate nominated by common accord of the Kingdom of Spain and the Portuguese Republic,

- one alternate nominated by common accord of the Kingdom of Belgium, the Grand Duchy of Luxembourg and the Kingdom of the Netherlands,

- two alternates nominated by common accord of the Kingdom of Denmark, the Hellenic Republic, Ireland and Romania,

- two alternates nominated by common accord of the Republic of Estonia, the Republic of Latvia, the Republic of Lithuania, the Republic of Austria, the Republic of Finland and the Kingdom of Sweden,

- three alternates nominated by common accord of the Republic of Bulgaria, the Czech Republic, the Republic of Cyprus, the Republic of Hungary, the Republic of Malta, the Republic of Poland, the Republic of Slovenia and the Slovak Republic,

- one alternate nominated by the Commission."

[1] The figures quoted for Bulgaria and Romania are indicative and based on the 2003 data published by Eurostat.

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