European Commission 3 July 1998, Annual Report from the Commission to the Council and to the European Parliament on the borrowing and lending activities of the Community in 1997

COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, 03.07.1998 COM(1998) 409 final ANNUAL REPORT FROM THE COMMISSION TO THE COUNCIL AND TO THE EUROPEAN PARLIAMENT ON THE BORROWING AND LENDING ACTIVITIES OF THE COMMUNITY IN 1997 TABLE OF CONTENTS INTRODUCTION 4 1. BORROWING AND LENDING ACTIVITIES 5 1.1 BORROWING 5 1.1.1 International financial situation 5 1.1.2 Ceilings on Community issues 5 1.1.