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The purpose of Draft Amending Budget No 2/2022 (DAB 2/2022) to the EU's 2022 general budget is to enter as revenue in the 2022 budget the surplus resulting from implementation of the 2021 budget. The 2021 surplus totals over €3.2 billion. It consists mostly of higher than expected revenues from customs duties (€1.68 billion) and fines for breaking EU competition law that exceeded the forecast by €957 million. The surplus also arises in part from under-spending on the expenditure side. Inclusion of ...

Russia's invasion of Ukraine has caused a massive exodus of refugees, many of them children. EU Member States are dealing with urgent migration and border management challenges and facing the costs that these entail. Draft Amending Budget No 3/2022 (DAB 3/2022) to the EU's 2022 general budget aims to assist EU Member States in receiving people fleeing the war in Ukraine. DAB 3/2022 strengthens the financing of the Asylum, Migration and Integration Fund (AMIF) and the Border Management and Visa Instrument ...

Draft amending budget 1/2022 (DAB 1/2022) aims to strengthen the 2022 EU budget with a transfer of over €12 billion in commitment appropriations from the 2021 EU budget. The transfer concerns eight funds under shared management under Headings 2a, 3, 4 and 5 of the multiannual financial framework (MFF). The MFF ceilings for 2022-2025 are further adjusted following the delay in adopting the legal bases.

The 2023 EU budget will be the third under the multiannual financial framework (MFF) for 2021 to 2027. It is also the last year of the EU recovery instrument (Next Generation EU), which is planned to run from 2021 to 2023. The European Parliament contributes to the preparation of proposals for the forthcoming year's budget for the European Union through the adoption of its 'guidelines'. The draft guidelines, as adopted by the Committee on Budgets on 16 March 2022, outline Parliament's goals for the ...

While Ukraine has received considerable support from the EU and European financial institutions since 2014, Russia's invasion of Ukraine, launched on 24 February 2022, has triggered a historic and twofold mobilisation of EU funds – for humanitarian action and military support. The European Commission has announced over €500 million in financing for humanitarian aid and the Council has decided to use the off-budget European Peace Facility (EPF) to assist Ukraine with €500 million in military aid. ...

This EPRS paper analyses the implementation of the UK Withdrawal Agreement in three areas identified by the EU as key to ensuring the UK's orderly exit from the Union: financial settlement, citizens' rights and the Ireland/Northern Ireland Protocol. The citizens' rights provisions contained in Part Two of the Agreement are designed to protect the rights of both EU and UK citizens who had exercised free movement and made life choices based on the rights flowing from the UK's membership of the EU. ...

The public sector loan facility (PSLF) is the third pillar of the Just Transition Mechanism (JTM), along with the Just Transition Fund and just transition scheme under Invest EU. The facility consists of a grant and a loan component. With the contribution of €1.525 billion for the grant component from the Union budget (including assigned revenues) and EIB lending of €10 billion from its own resources, the aim is for the public sector loan facility to mobilise between €25 and 30 billion in public ...

During the November II plenary session, the European Parliament is due to adopt the European Union's general budget for 2022. In practice, Parliament will vote on the provisional agreement reached on 15 November 2021 during the budgetary conciliation between Parliament and the Council. If agreed, commitment appropriations for 2022 will amount to €169.5 billion and payments to €170.6 billion. The negotiations also reached agreement on Amending Letter No 1 to the 2022 budget (AL 1/2022) and draft amending ...

During the October II plenary session, the Parliament is due to vote on amendments to the Council's position on the draft EU budget for 2022. The 2022 budget is the second under the 2021-2027 Multiannual Financial Framework (MFF). It is also the second year of the EU Recovery Instrument, Next Generation EU (NGEU), planned to run for the years 2021 to 2023. The report of the Committee on Budgets reverses all the reductions proposed by the Council to the Commission’s budget. Furthermore, it proposes ...

Draft amending budget No 4/2021 (DAB 4/2021) to the EU's 2021 general budget updates the calculations for revenue following the entry into force on 1 June 2021 of Council Decision (EU, Euratom) 2020/2053 on the system of own resources of the European Union. DAB 4/2021 also incorporates the revised forecast of own resources and other revenue into the 2021 Union budget. The European Parliament is expected to vote on the Council position on DAB 4/2021 during its October II plenary session.