Explore European Union Legislation by Asking a Legal Question
assisted-checkbox
filter-instruction-1
positive-filters
negative-filters
act-filter tabs-all
parameters-title
query
assisted-checkbox: ✅
result-title
total 1
Regulation (EU) 2025/535 of the European Parliament and of the Council of 18 March 2025 establishing the Reform and Growth Facility for the Republic of Moldova article 16 CELEX: 32025R0535 Provisioning
1. Provisioning for the loans shall be constituted at the rate of 9 % from the envelope allocated to the Neighbourhood geographic programme under Article 6(2), point (a), of Regulation (EU) 2021/947 and shall be used as part of provisions supporting similar risks. 2. By way of derogation from Article 214(2), last sentence, of the Financial Regulation, the provisioning shall be progressively constituted, and shall be fully constituted at the latest when the loans are fully disbursed. 3. The provisioning rate shall be reviewed at least every three years from the date of entry into force of this Regulation in line with the procedure foreseen under Article 31(5), fourth subparagraph, of the Regulation (EU) 2021/947. |