2004 enlargement: adjustment of financial perspective for 2004-2006

PURPOSE : to revise the financial perspectives in the context of EU enlargement (May 2004). CONTENT : following the Declaration by the European Parliament and the Council on Article 32 and annex XV of the Accession Treaty, it was decided to raise the ceiling of heading 3 (internal policies) of the financial perspective for Enlargement. Accordingly, the Commission has presented this proposal. It provides that the annual ceilings for appropriations for commitments in heading 3, as adjusted under Point 25 of the Interinsitutional Agreement of 6 May 1999, will be raised by the following amounts, expressed in 1999 prices: - 2004: EUR 75 million; - 2005: EUR 175 million; - 2006: EUR 200 million.�