somes

Managing ECSC Assets and Research Fund

Summary

This proposal updates the financial guidelines for managing ECSC assets and its Research Fund. It aims to ensure continued funding for coal and steel research by diversifying investments and allowing asset sales.
9 07.07.2021
Other
economy
finance
research and intellectual property

Key points

  • Update the financial guidelines for managing ECSC assets and the Research Fund for Coal and Steel.
  • Follow the required legal consultation procedures regarding the financial consequences of the ECSC Treaty's expiry.
  • Enable the sale of assets to cover annual allocations of approximately 111 million euros until the year 2027.
  • Diversify the investment portfolio by expanding into new asset classes to improve risk-return performance.

Speeches

1 Speech in total

Pro
Contra
Othmar KARAS
Othmar KARAS
PPE
0:48 min
7. First voting session
Documents (PDFs)
REPORT on the proposal for a Council decision amending Decision 2003/77/EC laying down multiannual financial guidelines for managing the assets of the ECSC in liquidation and, on completion of the liquidation, the Assets of the Research Fund for Coal and Steel Managing the assets of the ECSC in liquidation and of the Research Fund for Coal and Steel *
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