The EIB may use the EU guarantee within a cumulated maximum limit corresponding to 1% of the total outstanding EU guarantee obligations to cover expenses that would have been met by beneficiaries of the financing and investment operations but which have not been recovered as of the event of default .

C. whereas commitment appropriations for programmes under shared management within the meaning of Article 19 of the MFF Regulation lapsed in 2014 for an amount of EUR 21 043 639 478 in current prices which corresponds to the 2014 tranches of programmes that could neither be committed in 2014 nor carried over to 2015,

A Programme Office shall be set-up to assist the Programme Manager and support the day-to-day management of Euro-Argo ERIC including, without limitation, filing of mail and correspondence, archiving of documents, travel arrangements, organising meetings, preparing reports and financial documents.

The second sentence mentions some current types of distortion, whilst leaving the Commission room for manoeuvre to take into account new kinds of distortion, in line with this definition, which could come to light in the future.

1. Welcomes steps to measure global imbalances by a set of indicative guidelines against which a set of jointly agreed indicators will be assessed in order to reduce excessive and persistent macroeconomic imbalances and maintain countries’ current account imbalances at sustainable levels, including ‘the external imbalance composed of trade balance and net investment income flows and transfers’ agreed by the G-20 Finance Ministers Summit in Paris on 19 February 2011 and their commitment to strengthening multilateral cooperation in view of coordinated policy action by all G20 members with a view to achieving strong, sustainable and balance ...[+++]d growth;

26. On 21 March 2002 the applicant withdrew the sum of EUR 210 354 from the green passbook associated with the current account.