Mfa Programs

EN DE

DE

EUROPEAN

COMMISSION

Brussels, 17/06/2013

COM (2013) 426 final

REPORT FROM THE COMMISSION

on the implementation of macro-financial assistance to third countries in 2012

{SWD (2013) 211 final}

2

TABLE OF CONTENTS

1

2

Background

2.2.

3

3.1.

3.2.Individual MFA operations in recipient countries, 2012 ...................................... 5

3.2.1.Bosnia and Herzegovina ............................................... ............................... 5

3.2.2.

3.2.3.

3.2.4.Republic

3.2.5.

3.2.6.Kirgische

4

Ensure proper use of the MFA means:

4.1.Operational

4.2.

5

Grant applications and future proposals from the Commission,

Financial situation

3

REPORT FROM THE COMMISSION

on the implementation of macro-financial assistance to third countries in 2012

1

E

NTRODUCTION

This report gives a general overview of the implementation of the EU

Macro-financial assistance (MFA) to third countries in 2012.

The MFA are determined as part of the EU's foreign aid to countries that joined the EU

geographically, economically and politically closely related.You feathers exceptional

External financing needs from in the form of balance of payments support.Your goal is to strengthen

macroeconomic and financial stability in candidate, potential

Candidate countries and neighboring EU countries, while the implementation

appropriate structural reforms is encouraged.They supplement and precondition for

an agreed upon with the IMF adjustment and reform program.MFA

be either in the form of loans, for which the Commission required the

Borrow funds on the capital markets and weiterverleiht to the recipient country, and / or

under special circumstances in the form of funded from the EU budget support

granted.

2012 MFA existing operations were continuously carried out, but it was

no new MFA operations of the two legislative Council and Parliament

approved.The legislators continued to discuss the new, of the

Commission proposed in July 2011 MFA framework regulation continued, but without

to reach an agreement.Finally, the Commission decided in May 2013, their

Proposal to retreat, as the emerging between the Council and Parliament

Agreement would not have been compatible with the objectives set out in the Commission

had formulated its proposal.

This report is in accordance with the decisions of the Council and the common

Decisions of the Council and Parliament on MFA created.He concludes

on the reports of previous years.Attached is a working paper

Commission services, the more detailed information and analysis of the

macroeconomic background and the implementation of individual MFA operations

contains.

2

H

Ackground

2.1.

Developments in recent years

The global economic and financial crisis of 2008-2009, the emerging