European training Foundation : budgetary management, discharge

OBJECTIVE: to amend Regulation (EEC) No 1360/90 establishing a European Training Foundation in order to modify the regulatory framework governing the management of the Foundation's budget. CONTENT: the proposed changes relate solely to the power of discharge: as this Foundation is basically financed by Community subsidy, it is proposed to grant the power of discharge to the European Parliament at the recommendation of the board of directors of the Foundation.�