The ‘Flexibility Instrument’ of the EU budget

If multi-year financial planning includes strict expenditure limits, it can be difficult to deal with unforeseen events or new priorities. In case of need, the EU can resort to its Flexibility Instrument (FI), which has, up to now, been used mainly for external action and competitiveness policies.

The maximum annual budget of the FI is expected to increase in the 2014-20 financial programming period, which should also see a growing number of flexibility tools for the EU.

• Primary Source

ESO: Background information: Proposal for a decision of the European Parliament and of the Council on the Mobilisation of the Flexibility Instrument http://www.europeansources.info/record/proposal-for-a-decision-of-the-european-parliament-and-of-the-council-on-the-mobilisation-of-the-flexibility-instrument-9/

ESO: Background information: Proposal For A Decision Of The European Parliament And Of The Council On The Mobilisation Of The Flexibility Instrument http://www.europeansources.info/record/proposal-for-a-decision-of-the-european-parliament-and-of-the-council-on-the-mobilisation-of-the-flexibility-instrument-7/

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