EXPLANATORY MEMORANDUM

1. CONTEXT OF THE PROPOSAL

The Internal Agreement and Financial Regulation of the 10th EDF provide for a procedure for the calls for contributions to be paid by Member States to finance the EDF. 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 2015;

– the annual amount of the contribution for 2014;

– the amount of the first instalment of the contribution for 2014.

2. LEGAL ELEMENTS OF THE PROPOSAL

In accordance with Article 57(2) of the 10th EDF Financial Regulation, the Council must decide on this proposal by 15 November 2013 and Member States must pay the first instalment of the contribution at the latest by 21 January 2014.

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 for each.

In accordance with Article 58(2) of the 10th EDF Financial Regulation, calls for contributions should first use up the amounts available from previous EDFs, one after the other. Taking into account that the EIB doesn’t call for contributions for the first instalment, this proposal therefore concerns only amounts under the 10th EDF for the Commission.

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 60 of the 10th EDF Financial Regulation, 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.

2013/0352 (NLE)

Proposal for a

COUNCIL DECISION

on the financial contributions to be paid by Member States to finance the European Development Fund, including the ceiling for 2015, the amount for 2014 and the first instalment for 2014

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, 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"), and in particular Article 57(5) thereof,

Having regard to the proposal from the European 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 2013 specifying the ceiling for the annual amount of the Member States European Development Fund (EDF) contribution for 2015, the amount of the contribution for 2014 and the amount of the first instalment of the contribution for 2014.

(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) In accordance with Article 58(2) of the 10th EDF Financial Regulation, calls for contributions should first use up the amounts available from previous EDFs, one after the other. Taking into account that the EIB doesn’t call for contributions for the first instalment, this proposal therefore concerns only amounts under the 10th EDF for the Commission.

(4) The Council has adopted on the 19th of November 2012, on a proposal made by the Commission, the decision to fix at EUR 3.250.000.000 the Commission's share and at 360.000.000 the EIB's share of the ceiling of the Member States contributions to the EDF for 2014,

HAS ADOPTED THIS DECISION:

Article 1

The ceiling for the annual amount of the Member States EDF contributions for 2015 is hereby set at EUR 3,300,000,000 for the Commission, and at EUR 300,000,000 for the European Investment Bank.

Article 2

The annual amount of the Member States EDF contributions for 2014 is hereby set at EUR 3,100,000,000 for the Commission, and at EUR 150,000,000 for the European Investment Bank.

Article 3

The individual EDF contributions to be paid by the Member States to the Commission and the European Investment Bank as the first instalment for 2014 are set out in the table in the Annex.

Article 4

This Decision is addressed to the Member States.

Done at Brussels,

For the Council

The President

ANNEX

First instalment of EDF Contributions for 2014 (thousands of euro)

|| || Key || Key || 1st instalment

|| || 9th || 10th || paid to || paid to

|| MEMBER STATES || EDF || EDF || EIB || Commission

|| || % || % || 9th EDF || 10th EDF

|| BELGIUM || 3.92 || 3.53 || 0 || 70,600

|| DENMARK || 2.14 || 2.00 || 0 || 40,000

|| GERMANY || 23.36 || 20.50 || 0 || 410,000

|| GREECE || 1.25 || 1.47 || 0 || 29,400

|| SPAIN || 5.84 || 7.85 || 0 || 157,000

|| FRANCE || 24.30 || 19.55 || 0 || 391,000

|| IRELAND || 0.62 || 0.91 || 0 || 18,200

|| ITALY || 12.54 || 12.86 || 0 || 257,200

|| LUXEMBOURG || 0.29 || 0.27 || 0 || 5,400

|| NETHERLANDS || 5.22 || 4.85 || 0 || 97,000

|| AUSTRIA || 2.65 || 2.41 || 0 || 48,200

|| PORTUGAL || 0.97 || 1.15 || 0 || 23,000

|| FINLAND || 1.48 || 1.47 || 0 || 29,400

|| SWEDEN || 2.73 || 2.74 || 0 || 54,800

|| UNITED KINGDOM || 12.69 || 14.82 || 0 || 296,400

|| Sub-total EUR-15 || 100 || 96.38 || 0 || 1,927,600

|| BULGARIA || || 0.14 || || 2,800

|| CZECH REPUBLIC || || 0.51 || || 10,200

|| ESTONIA || || 0.05 || || 1,000

|| CYPRUS || || 0.09 || || 1,800

|| LATVIA || || 0.07 || || 1,400

|| LITHUANIA || || 0.12 || || 2,400

|| HUNGARY || || 0.55 || || 11,000

|| MALTA || || 0.03 || || 600

|| POLAND || || 1.30 || || 26,000

|| ROMANIA || || 0.37 || || 7,400

|| SLOVENIA || || 0.18 || || 3,600

|| SLOVAKIA || || 0.21 || || 4,200

|| Sub-total EUR-12 || || 3.62 || || 72,400

|| TOTAL EUR-27 || 100 || 100 || || 2,000,000