Amending budget 3/2003: section III Commission

The Council has established the draft amending budget No 1 for the financial year 2003 by adopting the Commission proposal concerning the new item B3-3065 relating to the PRINCE programme (Role of the European Union in the World) and the new heading for item A-3014 (European inter-university Centre - previously known as European master's courses in human rights and democratisation). However, the Council was not able to accept the EUR 32 million in commitment appropriations and the EUR 10 million in payment appropriations proposed for the scrapping of fishing vessels. It considered the proposal premature, as Member States' requests were not yet known. In addition, the view of the Council was that the financing of these measures in 2003 should be primarily through deployment. Under draft amending budget No 1 for the financial year 2003, overall expenditure remains unchanged, that is EUR 1 732 000 in commitment appropriations and EUR 1 732 000 in payment appropriations for budget line A-3014 and a token entry (p.m.) for budget heading B3-3065.�