Traduction de «année de fonctionnement ordinaire » (Français → Anglais) :

In the first year of the reserve's operation, placements shall also take place between 1 January and 1 September of that year of 8 % (representing 1 % for each calendar month) of the total number of allowances in circulation as set out in the most recent publication.

The Commission has concerns that this measure would lead to public money being used to fund ordinary operating costs of selected airlines without furthering any objective of common interest.

· The Board is expected to be at full capacity at the end of its first year of operation, meaning that all the staff has to be hired in the course of the first year: budget impact is estimated at 50% in the first year and 100% as from the second year of operation.

Granting aid in such a context, where a large company would have invested in any event, amounts to handing out “free money” that merely reduces the company's ordinary operation costs which its (local) competitors have to meet without aid.

In the sixth year of the Fund's operation, commitments for new projects naturally diminished, with appropriations going mainly to projects adopted in previous years; the work of the Fund concentrated on managing and checking these projects.

This conference : "COMETT II : a new challenge for UETPs" is an integral part of the preparatory work being undertaken for the launch of COMETT II. The Commission proposes to examine and analyse the experience acquired in the three years of COMETT I with the assembled operational actors, to establish what will be the main components of the regional and sectoral UETP network to be developed in COMETT II. The main objectives of the Conference can be defined as follows : to take stock of the existing situation in the light of the first two years of operation and to define guidelines for the future development of the UETPs : - models for t ...[+++]he structure and operation of the UETPs, - proposals for the animation and operation of the UETP network and subnetworks, - linking of regional and sectoral initiatives with existing national and EC initiatives, - evaluation of the experience with the allocation of student placement "pools" to the UETPs ; define the operational criteria for UETPs in the context of COMETT II. ------------------------------------ The Conference should give an opportunity to examine the key points for the future development of COMETT with regard to the role and importance of UETPs.