Legislative Observatory
European Parliament
Please fill in this field to find a procedure

Amending budget 2/2015: European Fund for Strategic Investments (EFSI)

2015/2011(BUD)

PURPOSE: definitive adoption of Amending budget No 2/2015.

LEGISLATIVE ACT: definitive adoption (EU, Euratom) 2015/1766 of Amending budget No 2 of the European Union for the financial year 2015.

CONTENT: the European Parliament definitively adopted Amending budget 2/2015 of the European Union in accordance with its resolution of 7 July 2015 (please see the summary of the resolution).

This amending Budget aims to establish the budgetary structure necessary to make provision for the Guarantee Fund in 2015.

In accordance with the Amending budget, a total amount of EUR 1 350 million in commitment appropriations. is being redeployed from;

  • the Connecting Europe Facility (EUR 790 million),
  • Horizon 2020 (EUR 70 million) and
  • ITER (EUR 490 million).

The provisioning in commitment and payment appropriations of the European Investment Advisory Hub, amounting to EUR 10 million each, is fully redeployed from ITER.