EC general budget: guarantees, situation at 30 June 1995. Report

OBJECTIVE: this report relates to guarantees covered by the general budget - situation at 30 June 1995. It follows the Commission's declaration during the vote on the SAB 1/91 that it would report to the budgetary authority twice a year on the situation of budget guarantees and the corresponding risks. The Commission has already presented eight reports of this type to the budgetary authority SUBSTANCE: this report is divided into three parts: 1. Events that have occurred since the last report, the changed risk situation and the activation of budget guarantees; 2. The description of operations entered in the budget; 3. The assessment, on the same date, of the economic and financial situation of third countries benefiting from the most important operations. �