on a proposal from the Commission, decide to make its
recommendations public.
The President of the Council and the Commission shall report to the
European Parliament on the result of multilateral surveillance. The
President of the Council may be invited to appear before the
competent Committee of the European Parliament if the Council has
made its recommendations public.
5. The Council, acting in accordance with the procedure referred to in
Article 189c, may adopt detailed rules for the multilateral surveillance
procedure referred to in paragraphs 3 and 4 of this Article.
ARTICLE 103a
1. Without prejudice to any other procedures provided for in this
Treaty, the Council may, acting unanimously on a proposal from the
Commission, decide upon the measures appropriate to the economic
situation, in particular if severe difficulties arise in the supply of
certain products.
2. Where a Member State is in difficulties or is seriously threatened
with severe difficulties caused by exceptional occurrences beyond its
control, the Council may, acting unanimously on a proposal from the
Commission, grant, under certain conditions, Community financial
assistance to the Member State concerned. Where the severe
difficulties are caused by natural disasters, the Council shall act by
qualified majority. The President of the Council shall inform the
European Parliament of the decision taken.
ARTICLE 104
1. Overdraft facilities or any other type of credit facility with the ECB or
with the central banks of the Member States (hereinafter referred to as
"national central banks") in favour of Community institutions or bodies,
central governments, regional, local or other public authorities, other
bodies governed by public law, or public undertakings of Member
States shall be prohibited, as shall the purchase directly from them by
the ECB or national central banks of debt instruments.
2. Paragraph 1 shall not apply to publicly-owned credit institutions
which, in the context of the supply of reserves by central banks, shall
be given the same treatment by national central banks and the ECB as
private credit institutions.
ARTICLE 104a
1. Any measure, not based on prudential considerations, establishing
privileged access by Community institutions or bodies, central
governments, regional, local or other public authorities, other bodies
governed by public law, or public undertakings of Member States to
financial institutions shall be prohibited.
2.
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