Financial perspective: adjustment, adaptation

Since the proposal had been submitted to both arms of the Budgetary Authority, which had to reach an agreement, the Committee on Budgets decided on the negotiating mandate during the meetings of 22 and 23 March and 3 April 1995. The proposal was reconsidered by the Committee on Budgets with a view to assessing the results of the trialogue of 4 April, during which agreement was reached between the EP and the Council on an allocation of resources that differed from that of the Commission, namely 50% in 1996 and 50% in 1997. With regard to the payment appropriations, in addition to the increase in the ceiling on appropriations for payments to cover the appropriations for commitments (ECU 1 738 million), it was decided to raise subsequently the overall ceiling on appropriations for payments to compensate for the non-implementation of Structural Funds in 1994. During the trialogue, agreement had been reached to increase the ceiling on appropriations for payments by ECU 500 million. In conclusion, the adjustment of the financial perspective to take account of the Interinstitutional Agreement resulted in the following modifications to the ceilings: - The ceiling for appropriations for commitments in the Structural Funds subheading of heading 2 of the financial perspective was raised by ECU 869 million in 1996 and by ECU 869 million in 1997, at current prices. The overall ceiling on appropriations for payments in the financial perspective was raised by ECU 935 million in 1996, ECU 696 million in 1997, ECU 434 million in 1998 and ECU 173 million in 1999, at current prices. The final table for the 1996 financial perspective, covering appropriations for commitments, was a combination of the two documents SEC(95)0275 and SEC(95)0274. �