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2005/40/EC, Euratom: Council and Commission Decision of 13… TITLE IX — FINANCIAL COOPERATION

Article 106–Article 109 · 4 articles

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Article 106

In order to achieve the objectives of this agreement and in accordance with Articles 3, 107 and 109 Croatia may receive financial assistance from the Community in the forms of grants and loans, including loans from the European Investment Bank.

Article 107

Financial assistance, in the form of grants, shall be covered by the operation measures provided for in the relevant Council Regulation within a multi-annual indicative framework established by the Community following consultations with Croatia. The overall objectives of the assistance, in the form of institution-building and investment, shall contribute to the democratic, economic and institutional reforms of Croatia, in line with the Stabilisation and Association process. Financial assistance may cover all areas of harmonisation of legislation and all cooperation policies of this agreement, including Justice and Home Affairs. Consideration should be given to the full implementation of the infrastructure projects of common interest identified in the Protocol 6.

Article 108

At the request of Croatia and in case of special need, the Community could examine in coordination with international financial institutions, the possibility of granting on an exceptional basis macro-financial assistance subject to certain conditions and taking into account the availability of all financial resources .

Article 109

In order to permit optimum use of the resources available, the Parties shall ensure that Community contributions are made in close coordination with those from other sources such as the Member States, other countries and international financial institutions. To this effect, information on all sources of assistance shall be exchanged regularly between the Parties.

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