(10) The EFSM loan is guaranteed by the general budget of the Union. In case of default under this loan, the Commission can call additional funds in excess of its assets taking into account any surplus cash balances, to service the Union's debt. Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council (the «Financial Regulation») applicable to the general budget of the Union and its detailed rules foresee instruments to protect the Union budget including the recovery of debt, where necessary by offsetting amounts receivable and payments over time. The Commission will apply these instruments,
Décision (CELEX 32015D1181) · Article
Article considérant 10
Article en vigueur.
Considérant de l'acte d'origine (JO, acte du 17/07/2015) : les consolidations ne reprennent pas les considérants.
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