# EUR-Lex - 52010PC0302 - EN

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# 52010PC0302

** Proposal for a Decision of the European Parliament and of the Council providing macro-financial assistance to the Republic of Moldova SEC(2010)706 /* COM/2010/0302 final - COD 2010/0162 */ **

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[pic] | EUROPEAN COMMISSION |

Brussels, 9.6.2010

COM(2010)302 final

2010/0162 (COD)

Proposal for a

DECISION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

providing macro-financial assistance to the Republic of Moldova

SEC(2010)706

EXPLANATORY MEMORANDUM

CONTEXT OF THE PROPOSAL |

Grounds for and objectives of the proposal The Commission proposes to provide to the Republic of Moldova macro-financial assistance (MFA) in the form of a grant of up to EUR 90 million. The proposed assistance is intended to contribute to covering Moldova's general balance-of-payments needs and the financing needs of the State budget identified by the International Monetary Fund (IMF). It will support the authorities' stabilisation programme with a view to ensuring sustainable fiscal and external accounts, and will thus help the country address the consequences of the global financial crisis. The proposed European Union macro-financial assistance will complement support from the IMF foreseen under the financing arrangement agreed by the IMF board on 29 January 2010. EU MFA is aimed at contributing to covering the country's external financing needs in 2010 and 2011. During these two years the uncovered financing needs of the Republic of Moldova will reach a peak. Should in 2012 a substantial financing gap still exist, further EU assistance might be considered under a new initiative. The proposed assistance will also strengthen the reform momentum in the Republic of Moldova in supporting the government's economic programme and its efforts towards integration with the EU. It will also contribute to the implementation of the European Union's cooperation strategy towards the Republic of Moldova and, more generally, towards the countries of the Eastern Partnership. EU MFA will be exceptional and limited in time, and will be conditional on progress in the implementation of the current IMF programme and on the successful fulfilment of economic policy conditions that will be attached to this assistance. |

General context The Republic of Moldova is one of the countries in the European Union's eastern neighbourhood most heavily affected by the global crisis. Despite high average economic growth rates in the years leading up to the crisis, Moldova's income level per capita remains by far the lowest in the region. The policy response to the economic crisis was delayed first by the preparation for parliamentary elections in Spring 2009 and later by internal political tensions over the election results. The repeat elections that had to be organised in the Autumn of 2009 brought a coalition government into power on a reform agenda that seeks closer approximation to the EU and aims at turning around the previous growth model which relies heavily on the inflow of remittances. These political developments have created a new momentum in the scaling up of bilateral relations with the EU, culminating in the opening of formal negotiations on a new Association Agreement on 12 January 2010. Immediately after the swearing in of the new government headed by Prime Minister Filat on 25 September 2009 the authorities of the Republic of Moldova approached international donors with a request to cover the financing needs of the country. On 29 September, during the new Prime Minister's visit to Brussels, the incoming government confirmed the request for EU financial support submitted earlier in the year by the previous administration. On 29 January 2010, the IMF Board approved an assistance programme covering the period 2010-2012, under a mixture of Extended Credit Facility (ECF) and Extended Fund Facility (EFF). The programme is designed to be complemented by other international donors, in particular the World Bank (WB) and the EU, as well as other donors, both multilateral and bilateral. At the Consultative Group meeting in Brussels of 24 March 2010 substantial contributions from bilateral donors were indeed confirmed. The proposed MFA is part of the financing provided in the context of the programme implementation |

Existing provisions in the area of the proposal None. |

Consistency with other policies and objectives of the European Union The MFA programme is complementary to other EU financing, in particular to medium-term ENPI budget support implemented within the framework of the Country Strategy for EU cooperation with the Republic of Moldova. Thus, it can help increase the EU's leverage on policy making as well as help the Republic of Moldova overcome the current deep economic crisis. The MFA programme is also complementary to the external financing coming from the IMF and the World Bank and from the bilateral donors. |

CONSULTATION OF INTERESTED PARTIES AND IMPACT ASSESSMENT |

Consultation of interested parties |

During the preparation of the present Commission proposal, the Commission services have been in contact with the authorities of the Republic of Moldova, the IMF, the World Bank, the EBRD and potential bilateral donors and creditors, to discuss assistance needs. Following the adoption of the Decision of the Parliament and the Council, the Commission services will negotiate a Memorandum of Understanding and a Grant Agreement to lay down in detail the implementation modalities of the assistance with the authorities of the Republic of Moldova. |

Collection and use of expertise |

The Commission services, with the assistance of external consultants, will carry out an Operational Assessment of the quality and reliability of public financial circuits and administrative controls in the Republic of Moldova. |

Impact assessment Macro-financial assistance will have an immediate impact on the balance of payments and the State budget of the Republic of Moldova and will in this way contribute to the alleviation of financial constraints on the implementation of the authorities' economic programme. Macro-financial assistance will further support the general objectives of the stabilisation programme agreed with the IMF. Project finance and/or technical assistance would not be suitable to address these objectives in the macro-economic stabilisation programme. The disbursements will contribute to the building up of reserves in the National Bank; the national currency equivalent of the assistance, if channelled to the state budget, will contribute to the financing of the budget deficit. European Union assistance will also support the authorities' efforts to implement short- and medium-term policies identified in the EU-Republic of Moldova Action Plan agreed in the context of the European Neighbourhood Policy. |

LEGAL ELEMENTS OF THE PROPOSAL |

Summary of the proposed action The European Union shall make available to the Republic of Moldova macro-financial assistance of up to EUR 90 million. Given the deep impact of the economic crisis on the economy and the country's eligibility for concessional (IDA) financing, the European Union assistance will be provided in the form of a grant. The assistance will be made available in three or four instalments: in principle, two instalments in 2010 and one or two instalments in 2011. The assistance will be managed by the Commission. The Commission will agree with the authorities the specific economic policy and financial conditions attached to the payment of each instalment. Specific provisions on the prevention of fraud and other irregularities, consistent with the Financial Regulation, will be included as necessary. The assistance will be fully consistent with the macroeconomic targets already set in the economic policy plans agreed by the Republic of Moldova with the IMF. It will be also consistent with longer-term policy objectives contemplated in the EU-Republic of Moldova Partnership and Cooperation Agreement and more recently in the EU- Republic of Moldova Action Plan adopted in 2005 in the framework of the European Neighbourhood Policy. As regards specific economic policy conditions attached to the disbursement of the assistance, the Commission intends to focus on a limited number of areas including public finance management and financial stability. Also, the Commission may consider targeting specific policies of particular importance, such as priorities identified in the report on implementation of the European Neighbourhood Policy (ENP Progress Report) adopted in April 2010, or measures deemed appropriate following the Operational Assessment. |

Legal basis Article 212 of the Treaty on the functioning of the European Union (TFEU). |

Subsidiarity principle The proposal falls under the shared competence of the European Union in the field of economic and financial cooperation with third countries. |

Proportionality principle The proposal complies with the proportionality principle for the following reasons. |

The amount of the new assistance proposed –up to EUR 90 million– corresponds to slightly more than 27% of the residual external financing needs of the Republic of Moldova in 2010 and 2011, over and above macro-economic support provided by the IMF and the World Bank. This burden sharing by the European Union takes account of the current exceptional juncture, as the unfolding of the global crisis is having a severe effect on Moldova's economy. |

Choice of instruments |

Proposed instruments: other. |

In the absence of a framework regulation for the macro-financial assistance instrument, ad hoc Parliament and Council decisions under Article 212 of the TFEU are now the legal instrument for this assistance. |

Budgetary implication |

The assistance will be financed from commitment appropriations in 2010 and 2011 under budget line 01 03 02 (Macroeconomic assistance); the payments will also take place in 2010 and 2011. |

ADDITIONAL INFORMATION |

Review/revision/sunset clause |

The proposal sets a limited availability period. |

1. 2010/0162 (COD)

Proposal for a

DECISION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

providing macro-financial assistance to the Republic of Moldova

THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article 212 thereof,

Having regard to the proposal from the European Commission[1],

After transmission of the draft legislative act to the national Parliaments,

Acting in accordance with the ordinary legislative procedure,[2]

Whereas:

2. Relations between the Republic of Moldova and the European Union are developing within the framework of the European Neighbourhood Policy. In 2005, the Community and the Republic of Moldova agreed on a European Neighbourhood Policy Action Plan identifying medium-term priorities in the bilateral relations. The framework of European Union-Republic of Moldova relations is further enhanced by the recently launched Eastern Partnership. In January 2010 the European Union and the Republic of Moldova started negotiating an Association Agreement that is expected to replace the existing Partnership and Cooperation Agreement.

3. The economy of the Republic of Moldova has been severely affected by the international financial crisis with dramatically declining output, deteriorating fiscal position and increasing external financing needs.

4. Economic stabilisation and recovery in the Republic of Moldova are supported by financial assistance of the International Monetary Fund (IMF). The IMF financing arrangement for the Republic of Moldova was approved on 29 January 2010.

5. The Republic of Moldova has requested Union macro-financial assistance in view of the worsening economic situation and outlook.

6. Given that a residual financing gap in 2010-2011 remains in the balance of payments, macro-financial assistance is considered an appropriate response to the request of the authorities of the Republic of Moldova for support of the economic stabilisation in conjunction with the current IMF programme. The present macro-financial assistance is also expected to contribute to alleviate the external financing needs of the State budget.

7. Union macro-financial assistance should not merely supplement programmes and resources from the IMF and the World Bank but should ensure the added value of EU involvement.

8. The Commission should ensure that Union macro-financial assistance is legally and substantially in line with the measures taken within the different areas of external action and other relevant European Union policies.

9. Specific objectives of the assistance should strengthen efficiency, transparency and accountability. These objectives should be regularly monitored by the Commission.

10. The conditions attached to the provision of the macro-financial assistance should reflect key principles and objectives of Union policy towards the Republic of Moldova.

11. In order to ensure efficient protection of the Union's financial interests linked to the present financial assistance, it is necessary to provide for appropriate measures by the Republic of Moldova related to the prevention of, and the fight against, fraud, corruption and any other irregularities linked to this assistance, as well as for controls by the Commission and audits by the Court of Auditors.

12. The release of the Union macro-financial assistance is without prejudice to the powers of the budgetary authority.

13. The Union macro-financial assistance should be implemented by the Commission. The measures necessary for the implementation of this Decision should be adopted in accordance with Council Decision 1999/468/EC of 28 June 1999 laying down the procedures for the exercise of implementing powers conferred on the Commission[3],

HAVE ADOPTED THIS DECISION:

Article 1

1. The European Union shall make available to the Republic of Moldova macro-financial assistance in the form of a grant of a maximum amount of EUR 90 million with a view to supporting the economic stabilisation in the Republic of Moldova and alleviating its balance of payments and budgetary needs as identified in the current International Monetary Fund (IMF) programme.

2. The release of the Union macro-financial assistance shall be managed by the Commission in a manner consistent with the agreements or understandings reached between the IMF and the Republic of Moldova and with key principles and objectives of economic reform set out in the European Union-Republic of Moldova Partnership and Cooperation Agreement and Action Plan.

3. The European Union financial assistance shall be made available for two years and a half starting from the first day after the entry into force of the Memorandum of Understanding referred to in Article 2(1).

Article 2

1. The Commission, acting in accordance with the advisory procedure referred to in Article 6 of this Decision, is empowered to agree with the authorities of the Republic of Moldova the economic policy conditions attached to the European Union macro-financial assistance, to be laid down in a Memorandum of Understanding. These conditions shall be consistent with the agreements or understandings reached between the IMF and the Republic of Moldova and with the key principles and objectives of economic reform set out in the European Union-Republic of Moldova Partnership and Cooperation Agreement and Action Plan. These principles and objectives aim at strengthening the efficiency, transparency and accountability of the assistance, including in particular public finance management systems in the Republic of Moldova. Progress in attaining those objectives will be regularly monitored by the Commission. The detailed financial terms of the assistance shall be laid down in a Grant Agreement to be agreed between the Commission and the authorities of the Republic of Moldova.

2. During the implementation of the Union macro-financial assistance, the Commission shall monitor the soundness of the financial arrangements, administrative procedures, and the internal and external control mechanisms in the Republic of Moldova relevant to such assistance.

3. The Commission shall verify at regular intervals that the economic policies in the Republic of Moldova are in accordance with the objectives of the Union macro-assistance and that the agreed economic policy conditions are being satisfactorily fulfilled. To this end the Commission shall coordinate closely with the IMF and the World Bank.

Article 3

1. The Union macro-financial assistance shall be made available by the Commission to the Republic of Moldova in not less than three grant instalments, subject to the conditions of paragraph 2. The size of each instalment will be laid down in the Memorandum of Understanding.

2. The Commission shall decide on the release of the instalments subject to satisfactory implementation of the economic policy conditions agreed in the Memorandum of Understanding. The disbursement of the second and the subsequent instalments shall not take place earlier than three months after the release of the previous instalment.

3. The Union funds shall be paid to the National Bank of Moldova. Subject to provisions to be agreed in the Memorandum of Understanding, including a confirmation of residual budgetary financing needs, the funds may be transferred to the Treasury of the Republic of Moldova as the final beneficiary.

Article 4

The Union macro-financial assistance shall be implemented in accordance with the provisions of Council Regulation (EC, EURATOM) No 1605/2002 of 25 June 2002 on the Financial Regulation applicable to the general budget of the European Union[4] and its implementing rules[5]. In particular, the Memorandum of Understanding and the Grant Agreement to be agreed with the authorities of the Republic of Moldova shall provide for specific measures to be implemented by the Republic of Moldova in relation to the prevention of, and the fight against, fraud, corruption and other irregularities affecting the assistance. In order to ensure greater transparency in the management and disbursement of Union funds, they shall also provide for controls by the Commission, including the European Anti-Fraud Office (OLAF), with the right to perform on-the-spot checks and inspections, and for audits by the Court of Auditors, where appropriate, to be carried out on the spot.

Article 5

1. By 31 August of each year the Commission shall submit to the European Parliament and to the Council a report, including an evaluation of the implementation of this Decision in the preceding year. The report shall indicate the connection between the policy conditions set out in the Memorandum of Understanding referred to in Article 2(1), on-going economic and fiscal performance of the Republic of Moldova, and on release of the instalments of the assistance.

2. The Commission shall submit to the European Parliament and to the Council an ex post evaluation report n o later than two years after the expiry of the availability period referred to in Article 1(3) .

Article 6

1. The Commission shall be assisted by a committee.

2. Where reference is made to this paragraph, Articles 3 and 7 of Decision 1999/468/EC shall apply, having regard to the provisions of Article 8 thereof.

Article 7

This Decision shall enter into force on the day following that of its publication in the Official Journal of the European Union .

This decision is addressed to the Member States.

Done at Brussels, [...]

For the European Parliament For the Council

The President The President

LEGISLATIVE FINANCIAL STATEMENT

1. NAME OF THE PROPOSAL:

Macro-financial assistance to the Republic of Moldova.

2. ABM / ABB FRAMEWORK

Policy Area(s) concerned and associated Activity/Activities:

Title 01 – Economic and Financial Affairs, 03 – International economic and financial affairs

3. BUDGET LINES

3.1. Budget lines (operational lines and related technical and administrative assistance lines (ex- B.A lines)) including headings:

Article 01 03 02 – Macroeconomic assistance

3.2. Duration of the action and of the financial impact:

Disbursements will take place over 2010-2011 in at least three tranches. However, delays that would prolong the operation cannot be excluded.

3.3. Budgetary characteristics:

Budget line | Type of expenditure | New | EFTA contribution | Contributions from applicant countries | Heading in financial perspective |

01. 03. 02 | Non-comp | Diff | NO | NO | NO | No 4 |

4. SUMMARY OF RESOURCES

4.1. Financial Resources

4.1.1. Summary of commitment appropriations (CA) and payment appropriations (PA)

EUR million (to 3 decimal places)

Expenditure type | Section no. | 2010 | 2011 (request) | Total |

Operational expenditure[6] |

Commitment Appropriations (CA) | 8.1. | a | 98,985 | 114,868[7] |

Payment Appropriations (PA) | b | 90,000 | 103,500[8] |

Administrative expenditure within reference amount[9] |

Technical & administrative assistance (NDA) | 8.2.4. | c | 0 | 0 |

TOTAL REFERENCE AMOUNT |

Commitment Appropriations | a+c | 0 | 0 |

Payment Appropriations | b+c | 0 | 0 |

Administrative expenditure not included in reference amount[10] |

Human resources and associated expenditure (NDA) | 8.2.5. | d | 0 | 0 |

Administrative costs, other than human resources and associated costs, not included in reference amount (NDA) | 8.2.6. | e | 0 | 0 |

Total indicative financial cost of intervention |

TOTAL CA including cost of Human Resources | a+c+d+e | 98,985 | 114,868[11] |

TOTAL PA including cost of Human Resources | b+c+d+e | 90,000 | 103,500[12] |

4.1.2. Compatibility with Financial Programming

X Proposal is compatible with existing financial programming.

( Proposal will entail reprogramming of the relevant heading in the financial perspective.

( Proposal may require application of the provisions of the Inter-institutional Agreement[13] (i.e. flexibility instrument or revision of the financial perspective).

4.1.3. Financial impact on Revenue

X Proposal has no financial implications on revenue

( Proposal has financial impact – the effect on revenue is as follows:

4.2. Human Resources FTE (including officials, temporary and external staff) – see detail under point 8.2.1.

Annual requirements | 2010 | 2011 |

Total number of human resources | 1/3 | 1/3 |

5. CHARACTERISTICS AND OBJECTIVES

5.1. Needs to be met in the short or long term

The economy of the Republic of Moldova has been severely hit by the global economic and financial crisis. Economic growth started to decelerate in the second half of 2008 and output contracted by 6.5% in 2009. Although the current account deficit is declining, overall external financing needs remain high due to the fall in inflows (most crucially of remittances on which the Moldovan economy is very dependant) and the in short-term debt repayment obligations. For the years 2010 and 2011 the International Monetary Fund identified a residual external financing gap amounting to EUR 460 million. The European Union is expected to cover a part of these residual external financing needs.

5.2. Value-added of European Union involvement and coherence of the proposal with other financial instruments and possible synergy

The EU financial support reflects the importance of relations with the Republic of Moldova in the European Neighbourhood Policy. Macro-financial assistance is an appropriate instrument to complement the existing Union assistance and contributes to a fully financed IMF-supported economic stabilisation programme. It will also support the further economic and political integration with the EU that is underway, as is exemplified by the start of negotiations on an EU Association Agreement in January 2010. Thereby, important synergies can be established with respect to its impact on economic reform and stabilisation.

5.3. Objectives, expected results and related indicators of the proposal in the context of the ABM framework

Within the Activity "International Economic and Financial Affairs" of the Directorate General for Economic and Financial Affairs, the Objective of "providing macro-financial assistance to third countries in resolving their balance of payment crises and restoring external debt sustainability" is related to the general objective "to promote prosperity beyond the EU".

The related indicators are "current account balance as a percentage of GDP" (expected result: improvement), "external debt as a percentage of GDP" (expected result: decrease) and "official reserves in months of imports of goods and services" (expected result: a stabilisation or an increase).

5.4. Method of Implementation (indicative)

X Centralised Management

X directly by the Commission

( indirectly by delegation to:

( executive Agencies

( bodies set up by the Communities as referred to in art. 185 of the Financial Regulation

( national public-sector bodies/bodies with public-service mission

( Shared or decentralised management

( with Member states

( with Third countries

( Joint management with international organisations (please specify)

Relevant comments:

6. MONITORING AND EVALUATION

6.1. Monitoring system

The monitoring of the action by the Commission services will take place on the basis of macroeconomic and structural policy measures to be agreed with the authorities of the Republic of Moldova in a Memorandum of Understanding. The authorities will be required to report on those measures to the Commission services on a regular basis. The Delegation of the European Commission in Chisinau will also provide reporting on issues relevant to the monitoring of the assistance. The Commission services will remain in close contact with the IMF and the World Bank.

6.2. Evaluation

6.2.1. Ex-ante evaluation

An ex–ante evaluation was carried out by Commission services (Unit D3 of the Economic and Financial Affairs Directorate-General).

6.2.2. Measures taken following an intermediate/ex-post evaluation (lessons learned from similar experiences in the past)

An ex-post evaluation of the previous operation carried out in 2007-2008 in the Republic of Moldova was finalized in February 2010. The evaluation concludes that "MFA has had a positive but small role in affecting the medium- and long-term external sustainability prospects. These effects mainly stem from positive impact on economic growth during 2006-2008 that consequently affected debt to GDP". Regarding the impact of MFA on structural reforms, the evaluation concludes that "MFA had a political reinforcing effect in all domains" (of conditionality selected).

Since 2004 a total of eleven ex-post evaluations have been carried out on macro-financial assistance operations, including four in the newly independent states of the former Soviet Union. All these evaluations conclude that MFA operations do contribute, albeit sometimes modestly and indirectly, to the improvement of external sustainability, the macroeconomic stability and the achievement of structural reforms in the recipient country. In most cases, MFA operations had a positive effect on the balance of payments of the beneficiary country and helped to relax their budgetary constraints. They also led to a slightly higher economic growth.

6.2.3. Terms and frequency of future evaluation

An independent ex-post evaluation of the assistance to the Republic of Moldova is planned to be carried out under the multi-annual evaluation programme of the Directorate-General for Economic and Financial Affairs within two years of the expiry date of the financial assistance.

7. Anti-fraud measures

The proposed legal basis for macro-financial assistance to the Republic of Moldova includes a provision on fraud prevention measures. These measures will be elaborated further in the Memorandum of Understanding and the grant agreement. It is envisaged that a number of specific policy conditions will be attached to the assistance mainly in the field of public finance management, with a view to strengthening efficiency, transparency and accountability of the assistance. The macro-financial assistance will be liable to verification, control and auditing procedures under the responsibility of the Commission, including the European Antifraud Office (OLAF), and by the European Court of Auditors.

The Commission services have put in place a programme of Operational Assessments of the financial circuits and administrative procedures in all third countries benefiting from macro-financial assistance in order to fulfil the requirements of the Financial Regulation applicable to the General Budget of the European Communities. In the Republic of Moldova, a first Operational Assessment took place in early 2007 and a World Bank's Public Financial Management Performance study was published in April 2006 and updated in June 2008. An update of the existing Operational Assessment will be commissioned by the European Commission shortly. Its results will be used to guide the definition of the specific policy measures in the field of public finance management.

8. DETAILS OF RESOURCES

8.1. Objectives of the proposal in terms of their financial cost

Commitment appropriations in EUR million (to 3 decimal places)

(Headings of Objectives, actions and outputs should be provided) | Type of output | Av. cost | Year 2010 | Year 2011 | Year 2013 | TOTAL |

Year 2010 | Year n+1 | Year n+2 | Year n+3 | Year n+4 | Year n+5 |

Officials or temporary staff[14] (XX 01 01) | A*/AD | 1/3 | 1/3 |

B*, C*/AST |

Staff financed[15] by art. XX 01 02 |

Other staff[16] financed by art. XX 01 04/05 |

TOTAL | 1/3 | 1/3 |

8.2.2. Description of tasks deriving from the action

Inter alia prepare/negotiate memoranda of understanding and grant agreement, liaise with the authorities and the International Financial Institutions, monitor economic and structural policies of the beneficiary country, conduct review missions and prepare Commission staff reports, prepare Commission procedures related to the management of the assistance.

8.2.3. Sources of human resources (statutory)

X Posts currently allocated to the management of the programme to be replaced or extended

( Posts pre-allocated within the APS/PDB exercise for year n

( Posts to be requested in the next APS/PDB procedure

( Posts to be redeployed using existing resources within the managing service (internal redeployment)

( Posts required for year n although not foreseen in the APS/PDB exercise of the year in question

8.2.4. Other Administrative expenditure included in reference amount (XX 01 04/05 – Expenditure on administrative management)

EUR million (to 3 decimal places)

Budget line 01 03 02 Macro-economic assistance | Year n | Year n+1 | Year n+2 | Year n+3 | Year n+4 | Year n+5 and later | TOTAL |

Other technical and administrative assistance |

- intra muros |

- extra muros 1) Operational assessment 2) Ex-post evaluation | 0.050 | 0.150 | 0.050 0.150 |

Total Technical and administrative assistance | 0.050 | 0.150 | 0.200 |

8.2.5. Financial cost of human resources and associated costs not included in the reference amount

EUR million (to 3 decimal places)

Type of human resources | Year n | Year n+1 | Year n+2 | Year n+3 | Year n+4 | Year n+5 and later |

Officials and temporary staff (XX 01 01) | 0.030 | 0.030 |

Staff financed by Art XX 01 02 (auxiliary, END, contract staff, etc.) (specify budget line) |

Total cost of Human Resources and associated costs (NOT in reference amount) | 0.030 | 0.030 |

Calculation– Officials and Temporary agents |

Reference should be made to Point 8.2.1, if applicable |

NOT APPLICABLE |

Calculation– Staff financed under art. XX 01 02 |

Reference should be made to Point 8.2.1, if applicable |

NOT APPLICABLE |

8.2.6. Other administrative expenditure not included in reference amount EUR million (to 3 decimal places) |

Year 2010 | Year n+1 | Year n+2 | Year n+3 | Year n+4 | Year n+5 and later | TOTAL |

XX 01 02 11 01 – Missions | 0.020 | 0.010 | 0.030 |

XX 01 02 11 02 – Meetings & Conferences |

XX 01 02 11 03 – Committees[18] |

XX 01 02 11 04 – Studies & consultations |

XX 01 02 11 05 - Information systems |

2 Total Other Management Expenditure (XX 01 02 11) |

3 Other expenditure of an administrative nature (specify including reference to budget line) |

Total Administrative expenditure, other than human resources and associated costs (NOT included in reference amount) | 0.020 | 0.010 | 0.030 |

Calculation - Other administrative expenditure not included in reference amount |

Three staff missions for one/two persons |

[1] OJ C [...], [...], p. [...].

[2] OJ L

[3] OJ L 184, 17.7.1999, p.23

[4] OJ L 248, 16.9.2002 p. 1.

[5] Commission Regulation (EC, EURATOM) No 2342/2002, OJ L 357, 31.12.2002, p. 1.

[6] Expenditure that does not fall under Chapter xx 01 of the Title 01 concerned.

[7] Preliminary Draft Budget for 2011

[8] Preliminary Draft Budget for 2011

[9] Expenditure within article xx 01 04 of Title xx.

[10] Expenditure within chapter xx 01 other than articles xx 01 04 or xx 01 05.

[11] Preliminary Draft Budget for 2011

[12] Preliminary Draft Budget for 2011

[13] See points 19 and 24 of the Interinstitutional agreement.

[14] Cost of which is NOT covered by the reference amount

[15] Cost of which is NOT covered by the reference amount

[16] Cost of which is included within the reference amount

[17] Reference should be made to the specific legislative financial statement for the Executive Agency(ies) concerned.

[18] Specify the type of committee and the group to which it belongs.