Contents
- 1. Before entering into a loan agreement with the Member Stat…
- 2. Where the Commission considers that the request for loan s…
- 3. In accordance with point (e) of Article 220(5) of the Fina…
- 4. The Commission shall establish the necessary arrangements…
- 5. A Member State benefitting from a loan granted in accordan…
1.Before entering into a loan agreement with the Member State concerned, the Commission shall assess whether:
(a)the justification for requesting the loan support and its amount is considered reasonable and plausible in relation to the additional reforms and investments; and
(b)the additional reforms and investments comply with the criteria set out in Article 19(3).
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