The Public Debt Management Newtwork

The PDM Network secretariat had been involved in promoting and developing Twinning projects related to public debt issues, with the following countries:

Romania

EUROPEAN UNION – PHARE RO/2001/IB ST-01 Twinning Project between ROMANIA and ITALY “Compliance of Romanian statistics with European statistical system”

• Press release (PDF, 126 KB)

Czech Republic

EUROPEAN UNION – PHARE CZ2002/IB/OT/01 Twinning Project between the CZECH REPUBLIC and ITALY “Capital Markets Legislation & Regulation”

• Agenda (PDF, 339 KB)

• Covenant (PDF, 507 KB)

Bulgaria

EUROPEAN UNION – PHARE BG2004/IB/FI/09 Twinning Project between BULGARIA and ITALY “Building up integrated State Treasury in the Ministry of Finance”

• Agenda (PDF, 164 KB)

• Covenant (PDF, 358 KB)

For more information:

External websiteEuropean Union PHARE Program

To assist the Candidate Countries in their preparations for joining the European Union and to promote not only the full acquisition and implementation of the acquis communautaire by the Candidate Countries, but also to strengthen all the structures, systems, human resources and management skills that are necessary for the implementation of such laws.

Two documents provide the legal base of the projects:

• the Framework Agreement between the Commission and each Member State, that sets out the base terms and conditions for all Twinning projects
• the Twinning Covenant between the Candidate Country and the Member State that defines the contents, the objectives, the responsibilities of the parties and the budget of the project.