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Amending budget No 3/2021: 2020 surplus

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 ...

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 of the EU Member States to the 2021 budget accordingly. The European Parliament is expected to vote on the Council position on DAB 3/2021 during its July plenary session.

Public sector loan facility under the Just Transition Mechanism

21-06-2021

The public sector loan facility (PSLF) is the third pillar of the Just Transition Mechanism, along with the Just Transition Fund and just transition scheme under InvestEU. The PSLF consists of a grant and a loan component. With the contribution of €1.525 billion for the grant component from the Union budget and European Investment Bank lending of €10 billion from its own resources, the aim is to mobilise between €25 and 30 billion in public investment over the 2021-2027 period (in 2018 prices). Funding ...

The public sector loan facility (PSLF) is the third pillar of the Just Transition Mechanism, along with the Just Transition Fund and just transition scheme under InvestEU. The PSLF consists of a grant and a loan component. With the contribution of €1.525 billion for the grant component from the Union budget and European Investment Bank lending of €10 billion from its own resources, the aim is to mobilise between €25 and 30 billion in public investment over the 2021-2027 period (in 2018 prices). Funding will be available to all Member States, while focusing on the regions with the biggest transition challenges. The provisional agreement on the proposal reached after trilogue negotiations with the Council now needs to be confirmed by the European Parliament, with a vote expected to take place during the June II 2021 plenary session.

Security and defence: Heading 5 of the 2021-2027 MFF

14-04-2021

In the 2021-2027 multiannual financial framework (MFF), a separate Heading 5 is dedicated to security and defence. Although the European Union (EU) has already financed action linked to security and defence, this is the first time that this policy area has been so visibly underlined in the EU budget structure. With an allocation of €13 185 million (in 2018 prices), Heading 5 is the smallest of the seven MFF headings and represents 1.2 % of the total MFF. Under the new 2021 2027 MFF, Heading 5: Security ...

In the 2021-2027 multiannual financial framework (MFF), a separate Heading 5 is dedicated to security and defence. Although the European Union (EU) has already financed action linked to security and defence, this is the first time that this policy area has been so visibly underlined in the EU budget structure. With an allocation of €13 185 million (in 2018 prices), Heading 5 is the smallest of the seven MFF headings and represents 1.2 % of the total MFF. Under the new 2021 2027 MFF, Heading 5: Security and Defence consists of two 'policy clusters': security and defence, containing new and old initiatives. The security policy cluster includes the continuation of the Internal Security Fund – Police instrument, funding for nuclear decommissioning and funding for three EU decentralised agencies in the area of security. The defence policy cluster includes some novelties: a European Defence Fund and the military mobility programme, which is a part of the Connecting Europe Facility (TEN-Ts). This briefing presents the structure and budget allocations under Heading 5. It describes the policy clusters and programmes, including references to their new legal bases. Moreover the briefing sketches the evolution of Heading 5 in the context of MFF negotiations. This is an update of a briefing of January 2020.

Parliament's guidelines for the 2022 EU budget: Section III – European Commission

22-03-2021

The 2022 EU budget will be the second one under the Multiannual Financial Framework (MFF) for 2021 to 2027. It is also the second year of the EU Recovery Instrument (EURI) planned to run for 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 17 March 2021, outline the Parliament's goals for the Union's 2022 ...

The 2022 EU budget will be the second one under the Multiannual Financial Framework (MFF) for 2021 to 2027. It is also the second year of the EU Recovery Instrument (EURI) planned to run for 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 17 March 2021, outline the Parliament's goals for the Union's 2022 budget, with the overarching priority of recovery from the coronavirus crisis. Parliament is expected to adopt its guidelines during the March II plenary session, ahead of the Commission's adoption of its proposal for the draft 2022 budget, scheduled for late spring.

The public sector loan facility under the Just Transition Mechanism

21-12-2020

The public sector loan facility 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 will consist of a grant and a loan component. With the contribution of €1.525 billion for the grant component from the Union budget 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 investment over the 2021-2027 period ...

The public sector loan facility 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 will consist of a grant and a loan component. With the contribution of €1.525 billion for the grant component from the Union budget 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 investment over the 2021-2027 period. Funding will be available to all Member States, while focusing on the regions with the biggest transition challenges. In the European Parliament, the Committee on Budgets (BUDG) and the Committee on Economic and Monetary Affairs (ECON) have joint responsibility for this file. Their report was adopted at a joint sitting of the two committees on 16 October 2020. Parliament subsequently confirmed the committees' mandate to open trilogue negotiations. First edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

Adoption of the European Union's 2021 Budget

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 ...

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 on the first draft budget for 2021. Commitment appropriations for 2021 will amount to €164.2 billion and payments to €166.1 billion. The annual budgetary negotiations this year were delayed and complex due to the lack of agreement on the multiannual financial framework (MFF) for 2021-2027, as well as the context of the coronavirus crisis.

Amending letter No 1 to the EU draft general budget 2021

02-12-2020

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 ...

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 payment appropriations by €2 609.3 million on the July 2020 draft budget. The AL 1/2020 changes are incorporated in the draft 2021 budget, which is currently being discussed between Parliament and Council negotiators in the ongoing budgetary conciliation.

Parliament's reading of the EU 2021 budget

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 ...

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, it proposes a considerable increase in the contributions of the 2021 budget to Parliament priorities, in particular the 15 EU flagship programmes, in line with the ongoing MFF negotiations.

Parliament's guidelines for the 2021 EU budget: Section III – European Commission

11-06-2020

The 2021 EU budget should be the first one under the new Multiannual Financial Framework (MFF) for 2021 to 2027. 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, outline the Parliament's priorities for the Union's 2021 budget: mitigating the effects of the Covid 19 outbreak and supporting the recovery, built on the European ...

The 2021 EU budget should be the first one under the new Multiannual Financial Framework (MFF) for 2021 to 2027. 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, outline the Parliament's priorities for the Union's 2021 budget: mitigating the effects of the Covid 19 outbreak and supporting the recovery, built on the European Green Deal and digital transformation. Parliament is expected to adopt its guidelines during the June plenary session, ahead of the Commission's adoption of its proposal for the draft 2021 budget, scheduled for 24 June 2020.

Amending budget No 3/2020: 2019 surplus

11-06-2020

Draft Amending Budget No 3/2020 (DAB 3/2020) to the general budget 2020 enters the surplus resulting from implementation of the 2019 budget as revenue into the EU's 2020 budget. The 2019 surplus totals over €3.2 billion (as compared to €1.8 billion in 2018 and €0.56 billion in 2017). It consists mostly of higher than expected revenues, and underspending on the expenditure side. Inclusion of the surplus will reduce the gross national income contributions of Member States (including the United Kingdom ...

Draft Amending Budget No 3/2020 (DAB 3/2020) to the general budget 2020 enters the surplus resulting from implementation of the 2019 budget as revenue into the EU's 2020 budget. The 2019 surplus totals over €3.2 billion (as compared to €1.8 billion in 2018 and €0.56 billion in 2017). It consists mostly of higher than expected revenues, and underspending on the expenditure side. Inclusion of the surplus will reduce the gross national income contributions of Member States (including the United Kingdom) to the 2020 EU budget accordingly. The European Parliament is expected to vote on the Council position on DAB 3/2020 during its June plenary session.

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