| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/14/612 (28.05.14) |
| Publication Date | 28/05/2014 |
| Content Type | News |
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On 28 May 2014, the Commission proposed to increase the 2014 level of payment appropriations by €4.738 billion to cover legal obligations in research and innovation, education and support for small and medium-sized enterprises. Higher reimbursement claims from Member States in cohesion policy have to be addressed as well as the difficult situation in the Ukraine. Therefore, the Commission proposed to use unallocated margins under the payment ceiling and recourse to the special instrument, the Contingency Margin. EUObserver reported that eight member states had signalled opposition to the request to increase the 2014 budget. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-14-612_en.htm |
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| Subject Categories | Politics and International Relations, Values and Beliefs |
| Countries / Regions | Europe |
