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Commitment appropriations for the Youth Employment Initiative; resources for the Investment for growth and jobs goal

2018/0265(COD)

PURPOSE: to amend Regulation (EU) No 1303/2013 as regards the resources for economic, social and territorial cohesion and correcting that Regulation as regards the resources for the investment for growth and jobs goal.

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

ROLE OF THE EUROPEAN PARLIAMENT: the European Parliament decides in accordance with the ordinary legislative procedure and on an equal footing with the Council.

BACKGROUND: Regulation (EU) No 1303/2013 of the European Parliament and of the Council lays down the common and general rules applicable to the European Structural and Investment Funds (ESI Fund). This Regulation was amended by Regulation (EU) 2017/2305 of the European Parliament and of the Council as regards the resources allocated for economic, social and territorial cohesion.

The general budget of the European Union for the financial year 2018 amended the financial programming for the Youth Employment Initiative (YEI) by increasing commitment appropriations for the specific allocation for the YEI by an amount of EUR 116.7 million in current prices and bringing the overall amount of commitment appropriations for the YEI for 2018 up to EUR 350 million in current prices. 

The amount of commitment appropriations for 2020 needs to be adjusted downwards accordingly to reflect the frontloading to 2018.

CONTENT: this proposal is the result of the 2018 budgetary decision. It aims to adapt the amounts of resources available for the investment for growth and jobs goal and for the European territorial cooperation goal set out in Regulation (EU) No 1303/2013 and the annual breakdown of commitment appropriations reflected in Annex VI in order to reflect changes in the financial programming for the YEI.

Under this amending proposal, the resources for economic, social and territorial cohesion available for the budgetary commitments for the period 2014-2020 (expressed in 2011 prices), shall amount to EUR 329 982 345 366, in accordance with the annual breakdown set out in Annex VI, of which:

  • EUR 325 938 694 233 represents the global resources allocated to the ERDF, the ESF and the Cohesion Fund;
  • EUR 4 043 651 133 represents a specific allocation for the YEI.

It is also proposed to correct some errors with regard to the amounts and percentages concerning the resources for the investment for growth and jobs goal set out in Regulation (EU) 2017/2305, amending Regulation (EU) No 1303/2013.

Under the corrective measure, the resources earmarked for the investment for growth and employment goal would amount to 96.09 % of total resources (i.e. a total of EUR 317 073 545 392) and shall be distributed as follows:

  • 51.52 % (a total of EUR 163 359 380 738) for less developed regions;
  • 10.82 % (a total of EUR 34 319 221 039) for transition regions;
  • 16.33 % (a total of EUR 51 773 321 432) for more developed regions;
  • 20.89 % (a total of EUR 66 236 030 665) for Member States supported by the Cohesion Fund;
  • 0.44 % (a total of EUR 1 385 591 518) as additional funding for the outermost regions identified in Article 349 TFEU and the NUTS level 2 regions fulfilling the criteria laid down in Article 2 of Protocol No 6 to the 1994 Act of Accession.