Author (Corporate) | European Commission |
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Series Title | COM |
Series Details | (2015) 523 final (23.10.15) |
Publication Date | 23/10/2015 |
Content Type | Policy-making, Report |
In accordance with Article 7(3) of the 11th EDF Internal Agreement and Article 21(2) of the Council Regulation (EU) 2015/323 on the financial regulation applicable to the 11th European Development Fund (hereinafter referred to as "11th EDF Financial Regulation"), the Commission presents in this document estimates of commitments, payments and contributions for the period 2015 to 2017, taking into account the forecasts of the European Investment Bank (EIB). This document sets out the financial implementation of the EDFs (8th to 11th) for 2014 and the forecasts of implementation for 2015 till 2017. In addition, this document draws a non-binding estimation, for the EDF contributions from the Member States, for the years 2018 and 2019. The Member States contribute funds directly to the European Investment Bank for the instruments which it manages under the 9th, 10th, and 11th EDFs (the Investment Facility and interest-rate subsidies). |
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Source Link | Link to Main Source http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2015:523:FIN |
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Subject Categories | Politics and International Relations |
Countries / Regions | Europe |