87/182/EEC: Council Decision of 9 March 1987 empowering the… Article 2
87/182/EEC: Council Decision of 9 March 1987 empowering the… Article 2
Article 2
The proceeds of the borrowings referred to in Article 1 shall be on-lent to finance investment projects that contribute to the industrial adjustment and the competitiveness of the Community, in particular by means of the application of new technologies and innovation.
These projects, to be carried out in Community territory, must be such that they serve the Community's priority objectives relating to the financing of investment by small and medium-sized undertakings in industry and other productive sectors taking into account inter alia their regional impact and the need to combat unemployment.
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 2 of 87/182/EEC: Council Decision of 9 March 1987 empowering the… (LawPlayer, data as of 2026-07-04)