Report from the Commission to the European Parliament and the Council on EAGF expenditure. Early Warning System No 6/2013

On the basis of the rules of Article 34 of Council Regulation (EC) No 1290/2005 on the financing of the Common Agricultural Policy, revenue originating from financial corrections under conformity clearance decisions, from irregularities and from the milk levy are designated as revenue assigned to the financing of EAGF expenditure. According to these rules, assigned revenue can be used to cover the financing of any EAGF expenditure. In the event part of this revenue is not used, then, this part will be automatically carried forward to the following budget year.

The 2013 EAGF budget included both the Commissions' latest estimates of the needs to finance the expected expenditure for market measures and direct aids, and the estimates of the assigned revenue, which was expected to be collected in the course of the budget year concerned and the carryover of the balance of assigned revenue left available from the previous budget year. At the time of establishing the budget for 2013, the Commission’s estimates for the available assigned revenue amounted to €1,533 million.

For the period 16 October 2012 to 30 April 2013, the budget's actual implementation level compared to the expenditure profile foreseen by the indicator is presented in Annex 1.

EUR-Lex: COM(2013)504: Follow the progress of this report through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2013:504:FIN

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