Proposal for a Council Decision fixing the financial contributions to be paid by the Member States to the European Development Fund (first instalment of 2004)
Date: 2003-11-13
Institutions: European Commission
Subjects: European Development Fund, Member States' contribution

COMMISSION OF THE EUROPEAN COMMUNITIES

Brussels, 13.11.2003
COM(2003) 683 final

Proposal for a

COUNCIL DECISION

fixing the financial contributions to be paid by the Member States to
the European Development Fund (first instalment of 2004)

.

(presented by the Commission)

EXPLANATORY MEMORANDUM

Since the entry into force of the Financial Regulation for the 9th EDF the Council decides, on
a proposal from the Commission, on each of the three instalments to be paid by the Member
States.  In  the  case  of  the  9th  EDF  instruments  managed  by  the  European  Investment  Bank
(EIB),  the  Member  States  pay  their  contributions  directly  to  the  EIB.  The  contributions  for
other instruments are paid to the Commission.

In  accordance  with  Article  121  of  the  9th  EDF  Financial  Regulation,  the  EIB  has  sent  the
Commission its updated estimates of payments under the instruments it manages.

This proposal concerns the first instalment of the contributions for 2004. Under Article 38(2)
of  the  9th  EDF  Financial  Regulation,  the  schedule  for  this  instalment  is  as  follows:  (1)  not
later  than  15  October  a  proposal  is  submitted  by  the  Commission  at  the  same  time  as  the
communication containing the statement of payments and schedule of calls for contributions
for  the  following  year;  (2)  the  Council  decides  on  this  instalment  by  the  end  of  the  current
year  at  the  latest;  (3)  the  Member  States  pay  the  contributions  due  for  this  instalment  by
21 January of the following year at the latest.

Note that Article 40(4) of the  9th  EDF  Financial  Regulation  stipulates  that  a  Member  State
which  fails  to  pay  the  instalment  of  contributions  due  by  the  deadline  laid  down  in  Article
38(1) will be required to pay interest on the amount unpaid; the arrangements for the payment
of interest are specified in the same paragraph.

2

Proposal for a

COUNCIL DECISION

fixing the financial contributions to be paid by the Member States to
the European Development Fund (first instalment of 2004)

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European Community,

Having regard to the Partnership Agreement between the members of the African, Caribbean
and Pacific Group of States, and the European Community and its Member States, signed in
Cotonou on 23 June 2000,1

Having regard to the Internal Agreement on the Financing and Administration of Community
Aid signed in Brussels on 18 September 20002,

Having  regard  to  the  Council  Decision  of  27  November  2001  on  the  association  of  the
overseas countries and territories with the European Community,3

Having regard to the Financial Regulation of 27 March 2003 applicable to the 9th European
Development Fund, hereafter named 9th EDF Financial Regulation, and in particular Article
38(1) thereof,

Having regard to the proposal from the Commission,4

Whereas:

(1)

(2)

The first subparagraph of Article 38(2) of the 9th EDF Financial Regulation lays down
that the proposal for the first instalment of the following year is to be presented by the
Commission  at  the  same  time  as  the  communication  to  the  Council  referred  to  in
Article 8(1) of that Financial Regulation setting out the statement of payments forecast
by the Commission for the following year and the schedule of calls for contributions,
namely by 15 October at the latest.

The first subparagraph of Article 38(2) of the 9th EDF Financial Regulation provides
that the Council shall decide on this instalment by the end of the year at the latest, and
that  the  Member  States  are  to  pay  the  contributions  due  under  this  instalment  at  the
latest by 21 January of the following year.

1

2

3

4

OJ L 317, 15.12.2000, p. 3.
OJ L 317, 15.12.2000, p. 355.
OJ L 314, 30.11.2001, p. 1.
OJ C […], […], p. […].

3

                                                
(3)

(4)

In  accordance  with  the  second  paragraph  of  Article  121  of  the  9th  EDF  Financial
Regulation,  the  European  Investment  Bank  has  sent  the  Commission  its  updated
estimates of commitments and payments.

Article  133(2)  and  (3)  of  the  9th  EDF  Financial  Regulation  stipulates  that  the
procedure  for  calling  for  contributions  under  the  9th  EDF  also  apply  to  previous
Funds,

HAS ADOPTED THIS DECISION:

The  contributions  to  be  paid  by  the  Member  States  to  the  Commission  and  the  European
Investment Bank as the first instalment for 2004 are set out in the table at annex.

Sole article

This Decision is addressed to the Member States.

Done at Brussels, […]

For the Council
The President

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ANNEX

First instalment of contributions for 2004 (in euro)

COUNTRY

to

to

the European Investment
Bank

the Commission

GERMANY

BELGIUM

DENMARK

SPAIN

FRANCE

GREECE

IRELAND

ITALY

LUXEMBOURG

NETHERLANDS

PORTUGAL

UNITED KINGDOM

AUSTRIA

FINLAND

SWEDEN

TOTAL

29 200 000

4 900 000

2 675 000

7 300 000

30 375 000

1 562 500

775 000

15 675 000

362 500

6 525 000

1 212 500

15 862 500

3 312 500

1 850 000

3 412 500

169 360 000

28 420 000

15 515 000

42 340 000

176 175 000

9 062 500

4 495 000

90 915 000

2 102 500

37 845 000

7 032 500

92 002 500

19 212 500

10 730 000

19 792 500

125 000 000

725 000 000

of which 5 000 000 in
interest-rate subsidies

5

1.

2.

3.

4.
5.

5.0

5.1

FINANCIAL STATEMENT

BUDGET HEADING: not applicable: concerns the EDF

DATE: 1.10.2003
APPROPRIATIONS:
Not applicable

TITLE: Council Decision fixing the financial contributions to be paid by the Member States to the
European Development Fund (1st instalment for 2004)
LEGAL BASIS: Financial Regulation of 27 March 2003 applicable to the 9th European Development
Fund
AIMS OF MEASURE: Call for the first instalment of the Member States' contributions for 2004
FINANCIAL IMPLICATIONS

PERIOD OF12
MONTHS
(EUR million)

CURRENT
FINANCIAL
YEAR
[n]
(EUR million)

FOLLOWING
YEAR
[n+1]
(EUR million)

EXPENDITURE
-
CHARGED TO THE EC
BUDGET(REFUNDS/INTERVENTIONS)
- NATIONAL BUDGETS
-
-
- OTHER SECTORS
REVENUE
-
EC(LEVIES/CUSTOMS DUTIES)
-

OWN RESOURCES OF THE

- NATIONAL

not applicable

not applicable

5.0.1 ESTIMATED EXPENDITURE
5.1.1 ESTIMATED REVENUE
5.2 METHOD OF CALCULATION:

[n+2]

[n+3]

[n+4]

[n+5]

6.0

6.1

CAN THE PROJECT BE FINANCED FROM APPROPRIATIONS ENTERED IN
THE RELEVANT CHAPTER OF THE CURRENT BUDGET?
CAN THE PROJECT BE FINANCED BY TRANSFER BETWEEN CHAPTERS
OF THE CURRENT BUDGET?
IS A SUPPLEMENTARY BUDGET NECESSARY?

6.2
6.3 WILL FUTURE BUDGET APPROPRIATIONS BE NECESSARY?
COMMENTS:

YES/NO

YES/NO
YES/NO
YES/NO

6