Amending budget 2/2012: mobilisation of the EU Solidarity Fund for Italy

On 16 March 2012, the Commission forwarded to the Council draft amending Budget (DAB) No 2 to the general budget for 2012, regarding the mobilisation of the EU Solidarity Fund for a total amount of EUR 18 061 682 in commitment and payment appropriations.

Its objective is to provide a financial assistance to the regions of Liguria and Tuscany in Italy, affected by heavy rainfall and flooding in October 2011.

The corresponding appropriations are to be recorded under Article 13 06 01 (EU Solidarity Fund - Member States).

In a letter dated 20 April 2012, the Commission informed about the expected under-implementation of payment appropriations related to Energy projects to aid economic recovery and proposed to use the available amount inter alia to finance the mobilisation of the EU Solidarity Fund related to flooding in Italy.

The Council reached an agreement on the Commission's proposal as modified by letter of 20 April 2012.

On 15 May 2012, the Council adopted its position on draft amending budget No 2 of the European Union for the financial year 2012 as set out in the technical annex to the explanatory memorandum of this draft Council budget.