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Mobilisation of the contingency margin in 2017

2017/2265(BUD)

PURPOSE: to mobilise the contingency margin in 2017.

PROPOSED ACT: Decision of the European Parliament and of the Council.

CONTENT: Article 13 of Council Regulation 1311/2013 laying down the multiannual financial framework for the years 2014-2020 has established a contingency margin of up to 0.03 % of the Gross National Income of the Union.

In accordance with Article 6 of this Regulation, the Commission had calculated the absolute amount of this contingency margin for 2017.

The European Parliament and the Council decided to mobilise the contingency margin in 2017 to address the needs stemming from the migration, refugee and security crisis, by increasing the commitment appropriations in the general budget of the EU for 2017 over and above the ceilings of Heading 3 (EUR 1 167 million) and Heading 4 (EUR 730 million).

Given the need to increase flexibility in the 2018 budget, the Commission proposes to amend Decision EU 2017/344 of the European Parliament and of the Council on the mobilisation of the contingency margin in 2017 to adjust the offsetting profile to decrease the amount offset in Heading 5 in 2018 from EUR 570 million to EUR 318 million and correspondingly introduce offsetting of EUR 252 million in Heading 5 in 2020.