Official Journal |
EN L series |
REGULATION (EU) 2025/13 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
of 19 December 2024
on the collection and transfer of advance passenger information for the prevention, detection, investigation and prosecution of terrorist offences and serious crime, and amending Regulation (EU) 2019/818
Having regard to the Treaty on the Functioning of the European Union,
Having regard to Council Regulation (EU) No 407/2010 of 11 May 2010 establishing a European financial stabilisation mechanism (1), and in particular Article 3(2) thereof,
Having regard to the proposal from the European Commission,
Whereas:
(1) Upon a request by Ireland, the Council granted financial assistance to it (Implementing Decision 2011/77/EU (2)) in support of a strong economic and financial reform programme aiming at restoring confidence, enabling the return of the economy to sustainable growth, and safeguarding financial stability in Ireland, the euro area and the Union.
(2) An extension of maturities and a reduction in the interest rate margin would be beneficial to secure the objectives of the programme, in line with the conclusions of the Heads of State or Government of the euro area and Union institutions of 21 July 2011 regarding European Financial Stability Facility lending.
(3) In order to enhance liquidity and sustainability objectives, the extension of maturities and the reduction in the interest rate margin should also apply to the tranches that have already been disbursed.
(4) In light of these developments, Implementing Decision 2011/77/EU should be amended,
HAS ADOPTED THIS DECISION:
(1) paragraph 1 is replaced by the following:
‘1. The Union shall make available to Ireland a loan amounting to a maximum of EUR 22,5 billion, with a maximum average maturity of 12,5 years. The maturity of individual tranches of the loan facility may be of up to 30 years.’;
(2) paragraph 5 is replaced by the following:
‘5. Ireland shall pay the cost of funding of the Union for each tranche.’.
(1) OJ L 118, 12.5.2010, p. 1.
(2) OJ L 30, 4.2.2011, p. 34.
(1) OJ L 118, 12.5.2010, p. 1.
(2) OJ L 30, 4.2.2011, p. 34.
ELI: http://data.europa.eu/eli/dec_impl/2011/682/oj