Press Release: Financial perspectives 2007-2013: The road towards having European programmes operational on January 1st 2007

Author (Corporate)
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Series Details IP/06/105 (1.2.06)
Publication Date 01/02/2006
Content Type

The European Commission on 1 February 2006 presented a revised proposal for a Inter-Institutional Agreement (IIA) on budgetary discipline and improvement of the budgetary procedure. The main elements were: Increased flexibility in future budgets in order to better react to a rapidly changing world (almost €5 bn over the 2007-13 period); establishing basic rules for the new European Globalisation Adjustment Fund (€3,5 bn); a comprehensive review of the EU budget in 2008/9.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/06/105&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
European Commission: DG Budget: Documents: Multiannual Framework http://ec.europa.eu/budget/documents/multiannual_framework_en.htm
European Commission: COM(2006) 36, Revised Proposal for renewal of the Interinstitutional Agreement on budgetary discipline and improvement of the budgetary procedure, February 2006 http://eur-lex.europa.eu/LexUriServ/site/en/com/2006/com2006_0036en01.pdf
European Commission: SCADplus Glossary: Financial Perspective http://www.europa.eu/scadplus/glossary/financial_perspective_en.htm

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