Definitive Adoption (EU, Euratom) 2020/536 of Amending Budget No. 1 of the European Union for the financial year 2020

Author (Corporate)
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Series Details Pages 1-66
Publication Date 21/04/2020
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Summary:

Definitive Adoption of Amending Budget No. 1 of the European Union (EU) for the financial year 2020, upon completion of procedure under Article 314 TFEU. The legislative initiative aiming to amend the EU's annual budget for 2020 was published by the European Commission on 27 March 2020.

Further information:

The purpose of Draft Amending Budget (DAB) No 1 for the year 2020 is to provide, in commitment appropriations, €350 million to meet the needs resulting from the increased migration pressure in Greece, €115 million to provide an urgent response to prevent a further deterioration of the COVID-19 outbreak and €100 million to support post-earthquake reconstruction in Albania.

Other minor adjustments are also proposed for the European Centre for Disease Prevention and Control, the European Public Prosecutor’s Office, the European Court of Auditors and the Ombudsman.

The Council of the European Union adopted this draft law on 14 April, followed by the European Parliament on 17 April. The Definitive Adoption was published in the Official Journal on 21 April 2020.

Source Link Link to Main Source http://data.europa.eu/eli/budget_suppl_amend/2020/1/oj
Related Links
Official
EUR-LEX: COM(2020)145: Draft Amending Budget No. 1 to the General Budget 2020 https://ec.europa.eu/info/publications/draft-amending-budget-no-1-2020_en
European Commission: Press Release, 27/03/2020: Coronavirus: Commission boosts budget for repatriation flights and rescEU stockpile https://ec.europa.eu/commission/presscorner/detail/en/ip_20_535
Council of the European Union: Press Release, 14/04/2020: Tackling COVID-19: Council adopts amended EU budget for 2020 https://www.consilium.europa.eu/en/press/press-releases/2020/04/14/tackling-covid-19-council-adopts-amended-eu-budget-for-2020/
European Parliament: Press Release, 17/04/2020: COVID-19: MEPs free up over €3 billion to support EU healthcare sector https://www.europarl.europa.eu/news/en/press-room/20200415IPR77110/
European Commission: Press Release, 17/04/2020: Coronavirus: Commission welcomes Parliament's quick green light for proposed new resources to protect lives and livelihoods https://ec.europa.eu/commission/presscorner/detail/en/ip_20_685

Commentary and Analysis
EPRS: At a Glance, April 2020: Amending Budget No 1/2020: Support to Greece to face migration pressure, measures to fight coronavirus and reconstruction assistance to Albania https://www.europarl.europa.eu/thinktank/en/document.html?reference=EPRS_ATA(2020)649376

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