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77/270/Euratom: Council Decision of 29 March 1977… Article 3

77/270/Euratom: Council Decision of 29 March 1977… Article 3

Article 3

The Commission shall decide on the grant of each loan. Its decisions shall be based in particular on the principle that preference will be given to the use of resources under the most profitable conditions in installations of optimum size. Loans shall be guaranteed in the manner customary in banking practice.

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Other provisions in 77/270/Euratom: Council Decision of 29 March 1977…

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 3 of 77/270/Euratom: Council Decision of 29 March 1977… (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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