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ECSC expenditure
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Synopsis
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European NAvigator. Laurence Maufort. Translated by the CVCE.
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| Keywords |
administrative expenditure, ECSC, ECSC operating budget
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| Copyright |
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| Location in the digital library |
EUROPEAN ORGANISATIONS >> European Union >> Financing >> The general budget of the European Union >> Expenditure
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| Document extract |
ECSC expenditure
The aim of the European Coal and Steel Community (ECSC) was to contribute to economic expansion and the growth of employment by creating a specific common market in the coal and steel sectors. From the time it was set up by the Treaty of Paris signed on 18 April 1951, it had its own budget for its administrative and operating expenditure. Nevertheless, its administrative budget was incorporated into the general budget of the European Communities on 1 July 1967, when the Treaty establishing a Single Council and a Single Commission of the European Communities entered into force. After that, the ECSC only retained its operating budget. However, Article 50 of the ECSC Treaty and Article 20 of the Treaty establishing a Single Council and a Single Commission of the European Communities provided that the ECSC should contribute to its own administrative expenditure — although this had been incorporated into the general Community budget — through levies on coal and steel undertakings up to a fixed sum (18 million units of account). The Council decision of 21 November 1977 then reduced that expenditure to a fixed amount of 5 million euros per year. In addition to administrative expenditure, the ECSC also incurred intervention expenditure , covering three general categories of aid: — Technical res (...) Read more in ENA |
| See also |
Resolution (52) 37 of the Committee of Ministers of the Council of Europe (11 July 1952) Robert Schuman signs the Treaty of Paris (Paris, 18 April 1951) Joseph Bech, Paolo Emilio Taviani and Konrad Adenauer at the inaugural session of the ECSC Special Council of Ministers (Luxembourg, 8–9 September 1952) Cartoon by Köhler on the Common Market (19 October 1957) Cartoon by Stig on the activities of the Council of Europe (10 May 1953) Opinion No 3 of the Consultative Assembly of the Council of Europe (30 September 1952) Building of the ECSC Special Council of Ministers Secretariat (Verlorenkost, Luxembourg, 16 June 1963) A common destiny: The European Coal and Steel Community (1958) Ceremony to mark the expiry of the ECSC Treaty (Brussels, 23 July 2002)
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