Amending budget 10/2008: mobilisation of the Solidarity Fund for Cyprus, financing

The Committee on Budgets unanimously adopted the report drafted by Kyösti VIRRANKOSKI (ALDE, FI) and approved the draft amending budget No 10/2008 of the European Union. It recalls that draft amending budget covers the following items:

• mobilisation of the EU Solidarity Fund for an amount of EUR 7.6 million in commitment and payment appropriations following a serious drought in Cyprus;

• a corresponding reduction in payment appropriations of EUR 7.6 million from the budget line 13 04 02 - Cohesion fund making this amending budget completely neutral from a budget point of view.