Amendment of the Financial Regulation of 21.12.1977 applicable to EC budget: budgetary discipline

The European Parliament tabled amendments seeking to introduce a reference to the Interinstitutional Agreement of 28 October 1993 which provided for the creation of a Guarantee Fund within the framework of the Community budget for loans to third States, to provide, as far as revenue was concerned, for a host structure for the various sources of endowment of the Fund, and to create, as far as expenditure was concerned, budget headings corresponding to lines created in the revenue section, and to provide for a synoptic table setting out all the operations carried out by the Fund. In addition, the European Parliament reserved the right to call for the conciliation procedure to be opened should the Council intend to depart from the text approved by Parliament. �