Amending budget 2/2014: increase in revenue; shortage of payments

On 2 June 2014, the Commission submitted to the Council draft amending budget (DAB) No 3/2014 regarding the budgeting of additional revenue of EUR 1 568 million and a reinforcement of payment appropriations by EUR 4 738 million. The DAB is accompanied by a proposal for the mobilisation of the Contingency Margin in 2014 for an amount of EUR 4 027 million.

The main objective of this proposal is to provide additional payment appropriations in order to meet outstanding payment needs across (sub-) headings in the 2014 budget, and in particular in sub-heading 1b. The mobilisation of the Contingency Margin aims to address issues that were not foreseen when the payments ceilings of the multiannual financial framework 2014-2020 were set.

Draft budget: at the trilogue on 8 December 2014, the European Parliament and the Council reached an ad referendum agreement on a draft package, comprising the new draft budget for 2015, the outstanding DABs relating to 2014.

According to that agreement, the payment appropriations requested in DAB No 3/2014 are approved as proposed by the Commission with:

·         a reduction of EUR 90 million in Rural Development for the 2007-2013 programmes,

·         a reduction of EUR 20 million on the new programmes,

·         a reduction of EUR 420 million for the Youth Employment Initiative,

·         a further reduction of EUR 648.1 million distributed across a number of budget lines.

Redeployment: a redeployment of payment appropriations as proposed in transfer No DEC 31/2014 ("global transfer") is accepted, as well as an additional amount of EUR 6 .2 million from the European Maritime and Fisheries Fund and from Sustainable Fisheries Partnership Agreements to Humanitarian Aid and EUR 30.4 million from Macro-financial assistance, PROGRESS, Internal market, Public health, Prevention of and fight against crime, DCI Asia, Promoting non-discrimination and equality and Statistics.

The resulting additional payment appropriations for DAB No 3/2014 are EUR 3 529.6 million, of which EUR 2 818.2 million plus EUR 350 million from the mobilisation of the Contingency Margin.

All other elements of DAB No 3/2014 are accepted as proposed by the Commission.

In conclusion, on 12 December 2014, the Council adopted its position on draft amending budget No 3/2014 as set out in the technical annex to this explanatory memorandum (see ST 16740/2014 ADD 1).