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Amending budget No 3/2021: 2020 surplus

Накратко 01-07-2021

Draft Amending Budget No 3/2021 (DAB 3/2021) to the European Union's 2021 general budget aims to enter as revenue in the 2021 budget the surplus resulting from the implementation of the 2020 budget. The 2020 surplus totals almost €1.77 billion (as compared to €3.2 billion in 2019, €1.8 billion in 2018 and €0.56 billion in 2017). It consists mostly of higher than expected revenues, plus under-spending on the expenditure side. Inclusion of the surplus will reduce the gross national income (GNI) contributions ...

European political parties are transnational political alliances made up of national parties from the same political family. Since July 2004, they have been able to receive funding from the EU general budget. The current Regulation 1141/2014, applicable since 2017, tightened the requirements for parties' recognition, funding and spending. Yet, some parties (and their affiliated foundations) found loopholes in the legal framework. Targeted amendments to the regulation adopted in 2018 and 2019 sought ...

On 1 June 2021, the decision that reforms the financing system of the EU budget entered into force, following its ratification by all Member States. It introduces three significant innovations in the own resources system, applying retroactively from 1 January 2021. The maximum level of resources that can be called from Member States permanently rises from 1.20 % to 1.40 % of EU gross national income (GNI). A temporary increase in the own resources ceiling, worth a further 0.60 % of EU GNI, is devoted ...

The proposed regulation establishing the Neighbourhood, Development and International Cooperation Instrument comes under Heading 6, 'Neighbourhood and the World', of the new multiannual financial framework (MFF), which sets out the main priorities for the European Union's external action from 2021 to 2027. The proposed instrument, which has a budget of €70.8 billion in 2018 prices, brings together ten separate instruments and funds that existed under the 2014-2020 MFF, as well as the European Development ...

During the April plenary session, the European Parliament is expected to decide on granting discharge for the 2019 financial year to the different institutions and bodies of the European Union (EU). The first item on the agenda of the debate and vote on discharge 2019 is the report covering the European Commission (including six executive agencies) which is in charge of the management of the biggest share of the EU budget. Separate discharge is granted to the Commission concerning the management ...

During its April plenary session, in the context of the discharge procedure for the financial year 2019, the European Parliament is due to vote on the discharge for each of 32 EU decentralised agencies and eight joint undertakings for their implementation of the 2019 budget. The Committee on Budgetary Control (CONT) proposes to grant discharge to all of these entities, except for the European Border and Coast Guard Agency (Frontex), for which it proposes to postpone the discharge decision.

Adoption of the European Union's 2021 Budget

Накратко 17-12-2020

During the December plenary session, the European Parliament is due to adopt the European Union's general budget for the year 2021. In practice, Parliament will vote on the Council's position on the second draft EU general budget for 2021. The Council adopted the second draft budget as presented by the European Commission on 10 December, without any amendment. This second draft budget is the fruit of the agreement found on 4 December during the budgetary conciliation between Parliament and the Council ...

Following the 10 November 2020 political agreement between the European Parliament and the Council on the Multiannual Financial Framework (MFF) for 2021 to 2027, the Commission adopted an amending letter (AL 1/2020) to adjust its draft EU budget for the year 2021, presented in July 2020. Moreover, AL 1/2020 also includes updated estimates for agricultural expenditure, other adjustments and technical updates. Overall, AL 1/2020 decreases commitment appropriations by €2 608.8 million and increases ...

Parliament's reading of the EU 2021 budget

Накратко 05-11-2020

During the November I plenary session, the European Parliament is due to decide on amendments to the Council's position on the draft EU budget for 2021. The Parliament is preparing its reading in the extraordinary situation of a lack of agreement on the forthcoming multiannual financial framework (MFF) for 2021-2027 and in the context of the far-reaching consequences of the coronavirus crisis. The report of the Committee on Budgets reverses many of the reductions proposed by the Council. Furthermore ...

When preparing the 2021-2027 multiannual financial framework, the European Commission proposed to strengthen the link between EU funding and respect for the rule of law. To this end, on 3 May 2018, the Commission presented a proposal for a regulation that would introduce a general rule of law conditionality into the EU's financial rules. Any Member State where a generalised rule of law deficiency is found could be subject to the suspension of payments and commitments, reduced funding and a prohibition ...