Report from the Commission to the European Parliament and the Council on guarantees covered by the general budget – Situation at 31 December 2011

The objective of this report is to monitor the credit risks borne by the budget of the European Union resulting from the guarantees given and the lending operations implemented directly by the European Union or indirectly through the EIB external mandates.

This report is submitted pursuant to Article 130 of the Financial Regulation which requires the Commission to report to the European Parliament and to the Council twice a year on budgetary guarantees and the corresponding risks. It is completed by a Commission Staff Working Document with a set of detailed tables and explanatory notes.

EUR-Lex: COM(2012)609: Follow the progress of this document through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2012:609:FIN

European Commission: SWD(2012)347: Commission staff working document http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=SWD:2012:0347:FIN:EN:PDF

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