Proposal for a Decision of the European Parliament and of the Council amending the Interinstitutional Agreement of 17 May 2006 on budgetary discipline and sound financial management as regards the multiannual financial framework, to take account of the expenditure requirements resulting from the accession of Croatia to the European Union

Author (Corporate)
Series Title
Series Details (2013) 157 final (18.3.13)
Publication Date 18/03/2013
Content Type

On 9 December 2011, the Treaty concerning the Accession of the Republic of Croatia to the European Union was signed. It paves the way for the ratification procedures that should allow Croatia to become the 28th Member State of the European Union on 1 July 2013.

Article 312(2) of the Treaty on the Functioning of the European Union provides that the Council shall unanimously adopt a Regulation laying down the multiannual financial framework after obtaining the consent of the European Parliament. On 3 March 2010, the Commission made a proposal for a Council regulation laying down the multiannual financial framework for the years 2007 to 2013 and for an accompanying Interinstitutional Agreement. So far, the European Parliament and the Council have failed to agree on these proposals.

Pending that agreement, the Interinstitutional Agreement between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management of 17 May 2006 (IIA) remains applicable.

The present proposal is thus based on Point 29 of the IIA (adjustment of the financial framework to cater for enlargement). Point 29 of the IIA provides that, if new Member States accede to the European Union during the period covered by the financial framework, the European Parliament and the Council, acting on a proposal from the Commission, will jointly adjust the financial framework to take account of the expenditure requirements resulting from the outcome of the accession negotiations.

Source Link Link to Main Source http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2013:157:FIN
Related Links
EUR-Lex: COM(2013)157: Follow the progress of this proposal through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2013:157:FIN

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