EXPLANATORY MEMORANDUM

The Internal Agreement and Financial Regulation of the 10th EDF provide for a new procedure for the calls for contributions to be paid by Member States to finance the EDF. According to Article 157 of the Financial Regulation, this new procedure applied for the first time for the contributions of 2009.

In accordance with Article 57(2) of the 10th EDF Financial Regulation, this proposal covers:

- the ceiling for the annual amount of the contribution for 2013;

- the annual amount of the contribution for 2012; and

- the amount of the first instalment of the contribution for 2012.

In accordance with Article 57(7) of the 10th EDF Financial Regulation, the amount managed by the Commission and the amount managed by the EIB are specified separately.

In accordance with Article 145 of the 10th EDF Financial Regulation, the EIB has sent the Commission its updated estimates of commitments and payments under the instruments it manages.

In accordance with Article 57(2) of the 10th EDF Financial Regulation, the Council must decide on this proposal by 15 November 2011 and Member States must pay the first instalment of the contribution at the latest by 21 January 2012.

Article 58(2) of the Financial Regulation provides that calls for contributions first use up the amounts laid down for previous EDFs, one after the other. The calls for contributions in this proposal therefore concern amounts under the 9th EDF for the EIB and the 10th EDF for the Commission.

Article 60(1) of the Financial Regulation provides that a Member State which fails to pay the instalment of the contribution due by the deadline will be required to pay interest on the amount unpaid; the arrangements for the payment of interest are specified in the same Article.

2011/0305 (NLE)

Proposal for a

COUNCIL DECISION

on the financial contributions to be paid by the Member States to finance the European Development Fund in 2012 and 2013, including the first instalment for 2012

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to the Internal Agreement between the Representatives of the Governments of the Member States, meeting within the Council, on the financing of Community aid under the multiannual financial framework for the period 2008 to 2013 in accordance with the ACP-EC Partnership Agreement and on the allocation of financial assistance for the Overseas Countries and Territories to which Part Four of the EC Treaty applies[1], ("the Internal Agreement") and in particular Article 7 thereof,

Having regard to the Council Regulation (EC) No 215/2008 of 18 February 2008 on the Financial Regulation applicable to the 10th European Development Fund (hereinafter referred to as "the 10th EDF Financial Regulation")[2] as last amended on 11 April 2011[3], and in particular Article 57(5) thereof,

Having regard to the proposal from the Commission,

Whereas:

(1) In accordance with the procedure laid down in Articles 57 to 61 of the 10th EDF Financial Regulation, the Commission should present a proposal by 15 October 2011 specifying the ceiling for the annual amount of the Member States European Development Fund (EDF) contribution for 2013, the annual amount of the contribution for 2012 and the amount of the first instalment of the contribution for 2012.

(2) In accordance with the first paragraph of Article 145 of the 10th EDF Financial Regulation, the European Investment Bank has sent the Commission its updated estimates of commitments and payments under the instruments it manages.

(3) Article 58(2) of the 10th EDF Financial Regulation provides that calls for contributions first use up the amounts laid down for previous EDFs. Therefore a call for funds under the 9th EDF should be made also on the basis of Article 58(2) of the 10th EDF Financial Regulation for the EIB

(4) The Council should decide on this proposal by 15 November 2011, and Member States should pay the first instalment of the contribution for 2012 at the latest by 21 January 2012,

HAS ADOPTED THIS DECISION:

Article 1

The ceiling for the annual amount of the Member States EDF contributions for 2013 is hereby set at EUR 3 800 000 000 for the Commission, and at EUR 250 000 000 for the European Investment Bank.

Article 2

The annual amount of the Member States EDF contributions for 2012 is hereby set at EUR 3 600 000 000 for the Commission, and at EUR 280 000 000 for the European Investment Bank.

Article 3

The individual EDF contributions to be paid by the Member States to the Commission and to the European Investment Bank as the first instalment for 2012 are set out in the table in the Annex.

Article 4

This decision shall apply from the date of its adoption.

Article 5

This decision is addressed to the Member States.

Done at Brussels,

For the Council

The President

ANNEX

First instalment of contributions for 2012 (in EUR)

MEMBER STATES | Key 9th EDF | Key 10th EDF | 1st instalment | Total 1st instalment |

% | % | EIB 9th EDF | Commission 10th EDF |

BELGIUM | 3.92 | 3.53 | 3 920.000 | 68 835 000 | 72 755 000 |

DENMARK | 2.14 | 2.00 | 2 140.000 | 39 000 000 | 41 140 000 |

GERMANY | 23.36 | 20.50 | 23 360.000 | 399 750 000 | 423 110 000 |

GREECE | 1.25 | 1.47 | 1 250 000 | 28 665 000 | 29 915 000 |

SPAIN | 5.84 | 7.85 | 5 840 000 | 153 075 000 | 158 915 000 |

FRANCE | 24.30 | 19.55 | 24 300 000 | 381 225 000 | 405 525 000 |

IRELAND | 0.62 | 0.91 | 620 000 | 17 745 000 | 18 365 000 |

ITALY | 12.54 | 12.86 | 12 540 000 | 250 770 000 | 263 310 000 |

LUXEMBOURG | 0.29 | 0.27 | 290 000 | 5 265 000 | 5 555 000 |

NETHERLANDS | 5.22 | 4.85 | 5 220 000 | 94 575 000 | 99 795 000 |

AUSTRIA | 2.65 | 2.41 | 2 650 000 | 46 995 000 | 49 645 000 |

PORTUGAL | 0.97 | 1.15 | 970 000 | 22 425 000 | 23 395 000 |

FINLAND | 1.48 | 1.47 | 1 480 000 | 28 665 000 | 30 145 000 |

SWEDEN | 2.73 | 2.74 | 2 730 000 | 53 430 000 | 56 160 000 |

UNITED KINGDOM | 12.69 | 14.82 | 12 690 000 | 288 990 000 | 301 680 000 |

Sub-total EUR-15 | 100 | 96.38 | 100 000 000 | 1 879 410 000 | 1 979 410 000 |

CZECH REPUBLIC | 0.51 | 9 945 000 | 9 945 000 |

BULGARIA | 0.14 | 2 730 000 | 2 730 000 |

ESTONIA | 0.05 | 975 000 | 975 000 |

CYPRUS | 0.09 | 1 755 000 | 1 755 000 |

LATVIA | 0.07 | 1 365 000 | 1 365 000 |

LITHUANIA | 0.12 | 2 340 000 | 2 340 000 |

HUNGARY | 0.55 | 10 725 000 | 10 725 000 |

MALTA | 0.03 | 585 000 | 585 000 |

POLAND | 1.30 | 25 350 000 | 25 350 000 |

ROMANIA | 0.37 | 7 215 000 | 7 215 000 |

SLOVENIA | 0.18 | 3 510 000 | 3 510 000 |

SLOVAKIA | 0.21 | 4 095 000 | 4 095 000 |

Sub-total EUR-12 | 3.62 | 70 590 000 | 70 590 000 |

TOTAL EUR-27 | 100 | 100 | 100 000 000 | 1 950 000 000 | 2 050 000 000 |

[1] OJ L 247, 9.9.2006, p. 32.

[2] OJ L 78, 19.3.2008, p. 1.

[3] OJ L 102, 16/04/2011, p. 1.