| Author (Corporate) | European Commission |
|---|---|
| Series Title | COM |
| Series Details | (2015) 514 final (14.10.15) |
| Publication Date | 14/10/2015 |
| Content Type | Policy-making |
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Council Regulation (EU, EURATOM) No 1311/2013 of 2 December 2013 laying down the multiannual financial framework for the years 2014-2020 allows for the mobilisation of the Flexibility Instrument to allow the financing of clearly identified expenditure which could not be financed within the limits of the ceilings available for one or more headings of the multiannual financial framework. In accordance with Article 11 of Council Regulation No 1311/2013 and point 12 of the Interinstitutional Agreement of 2 December 2013 between the European Parliament, the Council and the Commission on budgetary discipline, on cooperation in budgetary matters on and sound financial management, after having examined all possibilities for re-allocating appropriations and exhausted any unallocated margin under the expenditure heading Security and Citizenship (heading 3), the Commission proposes to mobilise the Flexibility Instrument, for which the ceiling on the annual amount available is €471 million (2011 prices). This mobilisation concerns an amount of €1,504 million beyond the ceiling of heading 3 of the multiannual financial framework, and is intended to to finance support for measures for managing the refugee crisis. This includes an amount of €123,966,698 for which the Commission had made a proposal to mobilise the Flexibility Instrument for the same purpose which accompanied the initial draft budget 2016, and which is now repealed and replaced by the present proposal. |
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| Source Link | Link to Main Source http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2015:514:FIN |
| Related Links |
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| Subject Categories | Justice and Home Affairs |
| Countries / Regions | Europe |
