Report from the Commission to the European Parliament and the Council. 8th financial report from the Commission to the European Parliament and the Council on the European Agricultural Guarantee Fund – 2014 financial year

The 2014 Draft Budget was adopted by the Commission and proposed to the Budgetary Authority on 28 June 2013. It was adopted later than in previous years because of the on-going negotiations for the multiannual financial framework (MFF) 2014-2020. The commitment appropriations proposed for the EAGF totalled €43,778.1 million.

The Council and the European Parliament adopted their position on the 2014 Draft Budget on 2 September 2013 and 23 October 2013 respectively. The Council maintained the level of commitment and payment appropriations for the EAGF whereas the EP increased it by €28 million for both commitment and payment appropriations. On 15 October 2013 the Commission adopted Amending Letter No 2 to the 2014 Draft Budget by keeping commitment appropriation requirements for EAGF at €43,778.1 million.

Agreement was reached on the 2014 budget in the conciliation procedure in November 2013. The Council and the European Parliament agreed to a compromise package on 12 November 2013. Finally, the 2014 budget was adopted by the European Parliament on 20 November 2013.

EUR-Lex: SWD(2015)172: Commission Staff Working Document accompanying the report http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD:2015:172:FIN

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