European Agency for Reconstruction: creation and operation

The European Parliament has adopted, with amendments, the report drafted by Mr Jan Joost LAGENDIJK (Greens/EFA, Nl) on the European Agency for Reconstruction. (Refer to the decisions of the committee responsible). With regard to the Agency's Governing Board, they shall deliver an opinion on the draft annual programme for reconstruction at the latest by 30 November. The Director, who is answerable to the Governing Board, shall forward the opinion to the Commission, which will adopt the programme before the end of the year. Moreover, the Director shall establish each year, before the end of October, a preliminary draft budget for the Agency covering administrative expenditure and the proposed operational programme for the following financial year. The budget shall also specify the number, grade and category of staff employed by the Agency during the financial year. The Agency will be subject to inspection by OLAF with a view to protecting the interests of the Community. �