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The EP’s budget is drawn up during the year n-1, with the preparations in its Directorates General already starting in the last quarter of the year n-2. The budgetary procedure - first inside the EP for the institution’s own budget, then for the budget of the EU as a whole in the interinstitutional part of the procedure - lasts throughout the year n-1, with an agreement usually reached during the last quarter of year n-1. For example, the preparations for the 2020 budget in the Directorates General ...

This briefing analyses C and P transfers in the EP’s budget during 2021. It differentiates between transfers linked directly and indirectly to the EP’s response to the COVID-19 crisis on the one hand and those that dealt with other, unrelated, needs on the other, including the EP’s building policy. A comparison between the main tendencies observed in 2020 and 2021 sheds light on the impact the COVID-19 crisis had on the EP’s budget in both years.

Brexit Adjustment Reserve

Briefing 09-11-2021

As part of the preparations for the United Kingdom's withdrawal from the European Union, the European Council agreed in July 2020 to create a Brexit adjustment reserve within the special instruments outside the budget ceilings of the European Union's multiannual financial framework, with a budget of €5 billion to counter unforeseen and adverse consequences in Member States and sectors that are most affected. The Commission adopted a proposal for a regulation on the Brexit adjustment reserve on 25 ...

Riserva di adeguamento alla Brexit

In sintesi 08-09-2021

Con il recesso del Regno Unito dall'unione doganale e dal mercato unico dell'UE creando nuovi ostacoli al commercio, alla mobilità e agli scambi con il Regno Unito, che interessano molte imprese in tutta l'UE, la riserva di adeguamento alla Brexit mira a fornire agli Stati membri un sostegno finanziario per coprire i costi sostenuti in relazione alla Brexit. Durante la tornata di settembre 2021, il Parlamento procederà a una votazione in prima lettura sul testo concordato nell'ambito dei negoziati ...

European Union Solidarity Fund

Briefing 03-09-2021

Established in 2002 to support disaster-stricken regions, the European Union Solidarity Fund (EUSF) complements the efforts of public authorities by helping to fund vital emergency and recovery operations in areas affected by catastrophes such as flooding, earthquakes and forest fires. EUSF funding is granted following an application from a Member State or candidate country, and may be used to finance measures including restoring infrastructure to working order, providing temporary accommodation ...

This paper proposes a factual overview of recent developments in the implementation of the EU Bêkou Trust Fund for the Central African Republic, the EU Regional Trust Fund in response to the Syrian crisis (Madad), the EU Trust Fund for Peace in Colombia, the EU Trust Fund for Africa and the Facility for Refugees in Turkey.

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 ...

After the failure of budgetary conciliation, the European Commission put forward a new draft budget for 2019. Based on the second draft budget and subsequent negotiations, the European Parliament and Council have agreed the General Budget for the European Union for 2019, at a level of €165 795.6 million in commitments and €148 198.9 million in payment appropriations. This means an increase of 3.2 % in commitments and 2.4 % in payments as compared to 2018 budget. The Parliament has scheduled the adoption ...

Revision of EU financial rules

Briefing 28-06-2018

In September 2016, the Commission tabled a proposal for a new Financial Regulation which would replace the current one (together with its Rules of Application), as well as amend 15 other sectoral instruments each containing financial rules. The Commission justifies its proposal by the need to simplify EU financial rules and make them more flexible. In April 2018, the BUDG and CONT committees approved the outcome of trilogue negotiations on the main part of the proposal for a new Financial Regulation ...

Il progetto di bilancio rettificativo n. 2/2018 (PBR 2/2018) iscrive l'eccedenza derivante dall'esecuzione dell'esercizio 2017 nel bilancio 2018 dell'UE. L'eccedenza si compone principalmente di entrate superiori alle previsioni e di una sottoesecuzione delle spese. L'eccedenza dell'esercizio 2017 ammonta a 555 542 325 EUR. L'inclusione dell'eccedenza comporterà una diminuzione corrispondente dei contributi degli Stati membri al bilancio dell'UE per il 2018. Durante la tornata di luglio il Parlamento ...