EPRS Admin By / November 11, 2015

CEF 2014-20 financial envelope, before and aftertransfer of appropriations to the EFSI, in billion euros

CEF 2014-20 financial envelope, before and aftertransfer of appropriations to the EFSI, in billion euros

CEF 2014-20 financial envelope, before and aftertransfer of appropriations to the EFSI, in billion euros

Following negotiations between the Council and Parliament, a political agreement was reached on 28 May 2015 to reduce the amounts reallocated from the CEF and Horizon 2020 to €2.8 billion and €2.2 billion respectively, and to make up the resulting €1 billion shortfall by increasing the amount taken from unallocated margins of the MFF to €3 billion. The implications of this agreement on the 2015 budget are spelt out in Amending Budget (DAB) No 1/2015 (adopted by Parliament in plenary on 7 July 2015), under which commitment appropriations for the CEF in 2015 are reduced by €790 million to €1 435 million, and payment appropriations by €3.43 million to €1 448.59 million.


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