• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Summary: European Coal & Steel Community Oct 04 Product Image

Summary: European Coal & Steel Community Oct 04

  • ID: 1872958
  • October 2004
  • Region: Europe
  • Standard & Poors

Founded in 1951 by international treaty, the European Coal & Steel Community (ECSC) was a legally autonomous partnership eventually composed of the 15 European Union (EU) member countries. In anticipation of the ECSC Treaty's July 23, 2002, expiration, ECSC's borrowing and lending activities were gradually phased out beginning in 1997. Solid membership support, strong asset quality, and conservative financial management were key factors supporting ECSC's ratings. As of July 24, 2002, ECSC's net assets became known as "ECSC in liquidation;" once the liquidation process is complete, these will form the "Assets of the Research Fund for Coal and Steel." The return on these assets, known as the "Research Fund For Coal and Steel," will fund research in the coal and...

Companies mentioned in this report are: European Coal & Steel Community in Liquidation
Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and READ MORE >

European Coal & Steel Community in Liquidation

Note: Product cover images may vary from those shown