Amending budget 1/2015: revision of the MFF

PURPOSE: to adopt amending budget (AB) No 1 to the 2015 budget which is presented together with the revision of the multiannual financial framework (MFF) for the years 2014-2020.

LEGISLATIVE ACT: Definitive adoption (EU, Euratom) 2015/1121 of Amending budget No 1 of the European Union for the financial year 2015.

CONTENT: amending budget (DAB) No 1 to the 2015 budget is presented together with the revision of the multiannual financial framework (MFF) for the years 2014-2020, in accordance with Article 19 of the MFF Regulation.

Article 19 of the MFF Regulation provides for a revision of the multiannual financial framework in the case of late adoption of rules or programmes under shared management to transfer allocations not used in 2014 to subsequent years, in excess of the corresponding expenditure ceilings.

Increase in commitment appropriations: Draft amending budget No 1/2015 enters into the budget, commitment appropriations that are transferred to 2015 in line with Article 19 of the above-mentioned MFF Regulation.

It increased commitment appropriations for an amount of EUR 16 476.4 million under sub-heading 1b (Economic, social and territorial cohesion), heading 2 (Sustainable growth: Natural resources) and heading 3 (Security and citizenship).

It also increased by EUR 2.5 million in commitment appropriations the Instrument for Pre-Accession Assistance under heading 4 (Global Europe) in order to maintain the same level of contributions from heading 4 and sub-heading 1b to European Territorial Cooperation programmes.

N.B.: the draft budget does not foresee any changes in payment appropriations.