Imports - Eurofer

ECSC Budget
The phasing-out of the ECSC budget remains in line with the financial scenario proposed by
the European Commission in its “Communication on the expiry of the ECSC Treaty – Financial
activities”, of October 1997.
The provisional figures for the 2000 and 2001 budgets show total expenditures of M€ 135
and M€ 195, respectively. The increase observed in 2001 (M€ 60) is fully accounted for by the
growth in social support, and in particular, redeployment (+M€ 49) and volet social for coal
(+M€ 11).
During 2000 and 2001, M€ 31 and M€ 80, respectively, have been earmarked for redeployment
aid, as well as M€ 56, each year, for steel research.
Maintaining expenses at this level was possible until 2000 without drawing significantly from
the “provision for future budgets”. Indeed, while this provision was forecast to contribute as
much as M€ 54 in 1999 and M€ 83 in 2000, to the budget resources, the realisation of the
1999 budget actually increased the provision by M€ 34, and it should only contribute M€ 6
to the expenses in the 2000 budget. However, it is expected that in 2001, this contribution will
amount to M€ 108.
Evolution of the ECSC Budget – Main Chapters (M€)
500 460
400
300
200
100
0
-100
-200
55
66
274
185
56
43 26
185
56
38 34
1997 1998 1999 2000 * 2001 * 2002 *
Total Budget
of which Steel Research
of which Redeployment
of which Provisions for FBF * *
Source: European Commission
135
56
31
-6
195
56
80
-108
152
52
48
-103
* Provisional data
* * Future Budget Financing
49
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