{
  "url": "https://openlegislation.uk/eu-decision-2004-861/introduction",
  "json_url": "https://openlegislation.uk/eu-decision-2004-861/introduction.json",
  "legislation": "eudn/2004/861",
  "legislation_title": "Council Decision of 7 December 2004 amending Council Decision 2002/883/EC providing further macro-financial assistance to Bosnia and Herzegovina (2004/861/EC)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2004-861",
  "path": "introduction",
  "kind": "introduction",
  "number": null,
  "heading": "Introductory text",
  "text": "Council Decision\nof 7 December 2004\namending Council Decision 2002/883/EC providing further macro-financial assistance to Bosnia and Herzegovina\n(2004/861/EC)\nTHE COUNCIL OF THE EUROPEAN UNION,\nHaving regard to the Treaty establishing the European Community, and in particular Article 308 thereof,\nHaving regard to the proposal from the Commission,\nHaving regard to the opinion of the European Parliament,\nWhereas:\n(1)\nCouncil Decision 2002/883/EC of 5 November providing further macro-financial assistance to Bosnia and Herzegovina includes a loan component of a maximum principal of EUR 20 million and a grant component of a maximum of EUR 40 million.\n(2)\nDue to delays in the implementation of the required policy reforms as agreed between the European Commission and Bosnia and Herzegovina, so far only a first (EUR 15 million) and a second tranche (EUR 20 million) could be released. A third and final tranche of up to EUR 25 million is still outstanding.\n(3)\nBosnia and Herzegovina is committed to a continued economic stabilisation and reform path. Following the successful completion of the previous IMF Standby Arrangement in February 2004 negotiations were under way on a new IMF-supported programme.\n(4)\nThe country continues to require external financial support in addition to what can be provided by international financial institutions.\n((5)\nDecision 2002/883/EC should be amended to permit the commitments and the payments of grant funds and loan disbursements beyond 9 November 2004.\n(6)\nThe Treaty does not provide, for the adoption of this decision, powers other than those of Article 308.\n(7)\nAfter consulting the Economic and Financial Committee,\nHAS DECIDED AS FOLLOWS:",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "OJ C 290, 27.11.2004, p. 6."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Opinion delivered on 28 October 2004 (not yet published in the Official Journal)"
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "OJ L 308, 9.11.2002, p. 28."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2004/861/introduction",
    "retrieved_at": "2026-11-01T15:18:04.380752+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}