Euratom supply agency revamped

20 February 2008

The legal status of the European Union’s (EU) Euratom Supply Agency has been overhauled by the EU Council of Ministers, which has decided to give the agency a permanent official headquarters, in Luxembourg City.

A new statute – which replaces a founding regulation agreed in 1958 – formally incorporates into the agency the 12 new member states that have joined the EU since 2004.

It also introduces modern financial management controls and systems into the agency, noted a council communiqué.

“The Euratom Supply Agency's mission is to guarantee a regular and equitable supply of nuclear materials to EU users,” it added.

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