Members' Research Service By / July 17, 2015

Revision of the Multiannual Financial Framework (Article 19, MFF Regulation) [EU Legislation in Progress]

Written by Sidonia Jędrzejewska (final edition) Final Edition – July 2015. As a consequence of the late agreement on the…

© Nikolai Sorokin / Fotolia
Written by Sidonia Jędrzejewska (final edition)
Revision of the Multiannual Financial Framework (Article 19, MFF Regulation)
© Nikolai Sorokin / Fotolia

Final Edition – July 2015. As a consequence of the late agreement on the overall 2014-20 Multiannual Financial Framework (MFF), the various legal acts setting out the provisions for implementing the funds throughout that period were adopted much later than planned. As a result, the funds allocated for 2014, amounting to some €21 billion – equivalent to almost 15% of the 2014 budget, were not able to be used that year, and this revision of the MFF is intended to ensure that the programmes can be fully implemented in 2015 and beyond. The legal instruments concerned are the European Regional Development Fund (ERDF), the European Social Fund (ESF), the Cohesion Fund (CF), the European Agricultural Fund for Rural Development (EAFRD); the European Maritime and Fisheries Fund (EMFF), the Asylum, Migration and Integration Fund (AMIF) and the Internal Security Fund (ISF). The revision of the MFF and the adoption of Draft Amending Budget No 2 are a necessary condition for re-programming.

Versions

Council Regulation amending Regulation (EU, Euratom) No 1311/2013 laying down the multiannual financial framework for the years 2014-2020
Committee responsible:

Rapporteurs:

Budgets (BUDG)

Jan Olbrycht (EPP, Poland)

Isabelle Thomas (S&D, France)

COM(2015)15 of 20.01.2015

procedure ref.: 2015/0010(APP)

Consent procedure

Procedure completed Council Regulation No 2015/623
OJ L 103, 22.4.2015, p. 1

Stage: Committee Vote

Overview of programme allocations (2014)


Related Articles

Be the first to write a comment.

Leave a Reply

Discover more from Epthinktank

Subscribe now to keep reading and get access to the full archive.

Continue reading