Author (Corporate) | European Commission |
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Series Title | COM |
Series Details | (2012) 538 final (19.9.12) |
Publication Date | 19/09/2012 |
Content Type | Policy-making |
The Interinstitutional Agreement of 17 May 2006 allows for the mobilisation of the European Union Solidarity Fund, within an annual ceiling of €1 billion, over and above the relevant headings of the financial framework. The conditions of eligibility to the Fund are detailed in Council Regulation (EC) No 2012/2002. On the basis of an application for assistance from the Fund by Italy of 27 July 2012 in relation to a series of earthquakes in Italy in May 2012, the calculation of Solidarity Fund aid based on the estimate of total damage caused is €670,192,359. In the light of the examination of the application, and considering the maximum possible grant from the Fund as well as the scope for reallocating appropriations under the heading requiring additional expenditure, the Commission proposes to mobilise the European Union Solidarity Fund for a total amount of €670,192,359, to be allocated under heading 3b of the financial framework. |
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Source Link | Link to Main Source http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2012:0538:FIN:EN:PDF |
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Countries / Regions | Italy |