| Author (Corporate) | European Commission |
|---|---|
| Series Details | COM (2018) 227 |
| Publication Date | 13/04/2018 |
| Content Type | Policy-making |
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Summary: On 13 April 2018 the European Commission presented draft amending budget No 2 on entering the surplus of the financial year 2017. Further information: Draft Amending Budget (DAB) No 2/2018 is intended to enter in the 2018 budget the surplus resulting from the implementation of the budget year 2017. As provided for in the Financial Regulation applicable to the general budget of the Union, the surplus is the only subject of this DAB and it has to be submitted within 15 days following the submission of the provisional accounts at end of March 2018. The implementation of the budget year 2017 shows a surplus of €555,542,325 which is therefore entered as revenue in the 2018 budget. |
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| Source Link | Link to Main Source https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2018:227:FIN |
| Subject Categories | Economic and Financial Affairs |
| Subject Tags | EU Budget |
| International Organisations | European Union [EU] |
