2010/775/EU, Euratom: Definitive adoption of amending budget No 5 of the European Union for the financial year 2010
Date: 2010-12-21
Institutions: European Parliament
Subjects: European Union, amending budget, budgetary expenditure, budgetary resources, financial year, financing of the EU budget, general budget (EU), staff




L_2010337EN.01003901.xml










21.12.2010   


EN


Official Journal of the European Union


L 337/39








            DEFINITIVE ADOPTION
         
of amending budget No 5 of the European Union for the financial year 2010
(2010/775/EU, Euratom)


THE PRESIDENT OF THE EUROPEAN PARLIAMENT,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article 314(4)(a) and Article 314(9) thereof,


Having regard to the Treaty establishing the European Atomic Energy Community, and in particular Article 106a thereof,


Having regard to Council Regulation (EC, Euratom) No 1605/2002 of 25 June 2002 on the Financial Regulation applicable to the general budget of the European Communities (1),


Having regard to the general budget of the European Union for the financial year 2010, as finally adopted on 17 December 2009 (2),


Having regard to the Interinstitutional Agreement of 17 May 2006 between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management (3),


Having regard to draft amending budget No 7 to the general budget 2010, which the Commission drew up on 12 July 2010,


Having regard to the Council's position on draft amending budget No 7/2010, which the Council adopted on 13 September 2010,


Having regard to Rules 75b and 75e of the European Parliament's Rules of Procedure,


Having regard to the Parliament's approval of the position of the Council on 22 September 2010,

DECLARES:



Sole Article
The procedure under Article 314 of the Treaty on the Functioning of the European Union is complete and amending budget No 5 of the European Union for the financial year 2010 has been definitively adopted.




Done at Strasbourg, 22 September 2010.


The President

J. BUZEK
            





(1)  
            OJ L 248, 16.9.2002, p. 1.

(2)  
            OJ L 64, 12.3.2010.

(3)  
            OJ C 139, 14.6.2006, p. 1.





DEFINITIVE ADOPTION OF AMENDING BUDGET No 5 OF THE EUROPEAN UNION FOR THE FINANCIAL YEAR 2010

CONTENTS

STATEMENT OF REVENUE AND EXPENDITURE BY SECTION


Section III: Commission






— Revenue
45








— Title 8: Borrowing and lending operations
46








— Expenditure
48








— Title 01: Economic and financial affairs
51




GENERAL STATEMENT OF REVENUE






B. General statement of revenue by budget heading
55








— Title 8: Borrowing and lending operations
56










             
         

SECTION III
COMMISSION
REVENUE









Title


Heading


Budget 2010


Amending budget No 5/2010


New amount






4


REVENUE ACCRUING FROM PERSONS WORKING WITH THE INSTITUTIONS AND OTHER UNION BODIES


918 609 528 


 


918 609 528 




5


REVENUE ACCRUING FROM THE ADMINISTRATIVE OPERATION OF THE INSTITUTION


66 600 000 


 


66 600 000 




6


CONTRIBUTIONS AND REFUNDS IN CONNECTION WITH COMMUNITY/EU AGREEMENTS AND PROGRAMMES


30 000 000 


 


30 000 000 




7


INTEREST ON LATE PAYMENTS AND FINES


123 000 000 


 


123 000 000 




8


BORROWING AND LENDING OPERATIONS


p.m.


p.m.


p.m.




9


MISCELLANEOUS REVENUE


30 000 000 


 


30 000 000 




 



Total




1 168 209 528 




p.m.




1 168 209 528 





TITLE 8
BORROWING AND LENDING OPERATIONS









Title
Chapter


Heading


Budget 2010


Amending budget No 5/2010


New amount






8 0


REVENUE RESULTING FROM THE EUROPEAN UNION GUARANTEE FOR BORROWING AND LENDING OPERATIONS IN THE MEMBER STATES


p.m.


p.m.


p.m.




8 1


LOANS GRANTED BY THE COMMISSION


p.m.


 


p.m.




8 2


REVENUE RESULTING FROM THE EUROPEAN UNION GUARANTEE FOR BORROWING AND LENDING OPERATIONS FOR NON-MEMBER COUNTRIES


p.m.


 


p.m.




8 3


REVENUE RESULTING FROM THE EUROPEAN UNION GUARANTEE FOR LOANS GRANTED BY FINANCIAL ESTABLISHMENTS IN NON-MEMBER COUNTRIES


p.m.


 


p.m.




8 5


REVENUE FROM CONTRIBUTIONS BY GUARANTEE BODIES


p.m.


 


p.m.




 



Title 8 — Total




p.m.




p.m.




p.m.






                           CHAPTER 8 0 —REVENUE RESULTING FROM THE EUROPEAN UNION GUARANTEE FOR BORROWING AND LENDING OPERATIONS IN THE MEMBER STATES









Title
Chapter
Article
Item


Heading


Budget 2010


Amending budget No 5/2010


New amount




8 0


REVENUE RESULTING FROM THE EUROPEAN UNION GUARANTEE FOR BORROWING AND LENDING OPERATIONS IN THE MEMBER STATES






8 0 0






European Union guarantee for Community/EU loans raised for balance of payments support




p.m.


 


p.m.






8 0 1






European Union guarantee for Euratom loans raised




p.m.


 


p.m.






8 0 2






European Union guarantee for EU loans raised for financial assistance under the European Financial Stabilisation Mechanism




 


p.m.


p.m.




 



Chapter 8 0 — Total




p.m.




p.m.




p.m.






                              8 0 2European Union guarantee for EU loans raised for financial assistance under the European Financial Stabilisation Mechanism







Budget 2010


Amending budget No 5/2010


New amount




 


p.m.


p.m.





Remarks


New Article

The Union guarantee is for loans raised on the capital markets or from financial institutions. The outstanding amount of loans or credit lines to be granted to Member States shall be in the limits foreseen in the legal basis.
This article is intended to record any revenue arising from exercise of rights in connection with a guarantee under Item 01 04 01 03, provided that this revenue has not been deducted from expenditure.
Annex B to this section gives a summary of borrowing-and-lending operations guaranteed by the general budget, including debt management, in respect of capital and interest.

Legal basis

For the legal basis, see the remark for Item 01 04 01 03 of the statement of expenditure in this section.
EXPENDITURE












Title


Heading


Budget 2010


Amending budget No 5/2010


New amount




Commitments


Payments


Commitments


Payments


Commitments


Payments






01


ECONOMIC AND FINANCIAL AFFAIRS


448 527 528 


405 487 528 


p.m.


p.m.


448 527 528 


405 487 528 




 



40 01 40, 40 02 41




142 485 




142 485 



 


 



142 485 




142 485 





 


 


448 670 013 


405 630 013 


 


 


448 670 013 


405 630 013 




02


ENTERPRISE


795 026 177 


638 215 377 


 


 


795 026 177 


638 215 377 




 



40 01 40




191 847 




191 847 



 


 



191 847 




191 847 





 


 


795 218 024 


638 407 224 


 


 


795 218 024 


638 407 224 




03


COMPETITION


90 604 037 


90 604 037 


 


 


90 604 037 


90 604 037 




 



40 01 40




203 854 




203 854 



 


 



203 854 




203 854 





 


 


90 807 891 


90 807 891 


 


 


90 807 891 


90 807 891 




04


EMPLOYMENT AND SOCIAL AFFAIRS


11 248 325 559 


8 546 105 577 


 


 


11 248 325 559 


8 546 105 577 




 



40 01 40, 40 02 41




25 423 970 




25 423 970 



 


 



25 423 970 




25 423 970 





 


 


11 273 749 529 


8 571 529 547 


 


 


11 273 749 529 


8 571 529 547 




05


AGRICULTURE AND RURAL DEVELOPMENT


57 780 438 369 


56 776 956 322 


 


 


57 780 438 369 


56 776 956 322 




 



40 01 40, 40 02 40




300 270 293 




300 270 293 



 


 



300 270 293 




300 270 293 





 


 


58 080 708 662 


57 077 226 615 


 


 


58 080 708 662 


57 077 226 615 




06


ENERGY AND TRANSPORT


4 873 220 943 


3 260 093 793 


 


 


4 873 220 943 


3 260 093 793 




 



40 01 40, 40 02 41




77 258 286 




2 258 286 



 


 



77 258 286 




2 258 286 





 


 


4 950 479 229 


3 262 352 079 


 


 


4 950 479 229 


3 262 352 079 




07


ENVIRONMENT


456 191 504 


365 601 504 


 


 


456 191 504 


365 601 504 




 



40 01 40, 40 02 41




15 164 898 




5 164 898 



 


 



15 164 898 




5 164 898 





 


 


471 356 402 


370 766 402 


 


 


471 356 402 


370 766 402 




08


RESEARCH


5 142 057 404 


4 138 251 404 


 


 


5 142 057 404 


4 138 251 404 




 



40 01 40




25 081 




25 081 



 


 



25 081 




25 081 





 


 


5 142 082 485 


4 138 276 485 


 


 


5 142 082 485 


4 138 276 485 




09


INFORMATION SOCIETY AND MEDIA


1 624 729 281 


1 593 029 781 


 


 


1 624 729 281 


1 593 029 781 




 



40 01 40, 40 02 41




3 585 001 




3 585 001 



 


 



3 585 001 




3 585 001 





 


 


1 628 314 282 


1 596 614 782 


 


 


1 628 314 282 


1 596 614 782 




10


DIRECT RESEARCH


383 321 000 


391 547 000 


 


 


383 321 000 


391 547 000 




11


MARITIME AFFAIRS AND FISHERIES


988 114 718 


806 199 272 


 


 


988 114 718 


806 199 272 




 



40 01 40, 40 02 41




13 079 514 




13 079 514 



 


 



13 079 514 




13 079 514 





 


 


1 001 194 232 


819 278 786 


 


 


1 001 194 232 


819 278 786 




12


INTERNAL MARKET


67 855 793 


66 655 793 


 


 


67 855 793 


66 655 793 




 



40 01 40, 40 02 41




6 125 941 




6 125 941 



 


 



6 125 941 




6 125 941 





 


 


73 981 734 


72 781 734 


 


 


73 981 734 


72 781 734 




13


REGIONAL POLICY


38 896 488 874 


28 767 371 131 


 


 


38 896 488 874 


28 767 371 131 




 



40 01 40




160 094 




160 094 



 


 



160 094 




160 094 





 


 


38 896 648 968 


28 767 531 225 


 


 


38 896 648 968 


28 767 531 225 




14


TAXATION AND CUSTOMS UNION


135 060 164 


107 042 164 


 


 


135 060 164 


107 042 164 




 



40 01 40




118 737 




118 737 



 


 



118 737 




118 737 





 


 


135 178 901 


107 160 901 


 


 


135 178 901 


107 160 901 




15


EDUCATION AND CULTURE


1 499 915 842 


1 442 377 342 


 


 


1 499 915 842 


1 442 377 342 




 



40 01 40, 40 02 41




143 552 




143 552 



 


 



143 552 




143 552 





 


 


1 500 059 394 


1 442 520 894 


 


 


1 500 059 394 


1 442 520 894 




16


COMMUNICATION


217 524 021 


209 529 021 


 


 


217 524 021 


209 529 021 




 



40 01 40




148 355 




148 355 



 


 



148 355 




148 355 





 


 


217 672 376 


209 677 376 


 


 


217 672 376 


209 677 376 




17


HEALTH AND CONSUMER PROTECTION


676 467 462 


541 485 462 


 


 


676 467 462 


541 485 462 




 



40 01 40, 40 02 41




200 652 




200 652 



 


 



200 652 




200 652 





 


 


676 668 114 


541 686 114 


 


 


676 668 114 


541 686 114 




18


AREA OF FREEDOM, SECURITY AND JUSTICE


1 060 720 054 


792 803 054 


 


 


1 060 720 054 


792 803 054 




 



40 01 40, 40 02 41




5 385 547 




5 385 547 



 


 



5 385 547 




5 385 547 





 


 


1 066 105 601 


798 188 601 


 


 


1 066 105 601 


798 188 601 




19


EXTERNAL RELATIONS


4 209 069 026 


3 628 209 402 


 


 


4 209 069 026 


3 628 209 402 




 



40 01 40, 40 02 41




54 753 484 




29 753 484 



 


 



54 753 484 




29 753 484 





 


 


4 263 822 510 


3 657 962 886 


 


 


4 263 822 510 


3 657 962 886 




20


TRADE


78 917 119 


81 917 119 


 


 


78 917 119 


81 917 119 




 



40 01 40




125 941 




125 941 



 


 



125 941 




125 941 





 


 


79 043 060 


82 043 060 


 


 


79 043 060 


82 043 060 




21


DEVELOPMENT AND RELATIONS WITH AFRICAN, CARIBBEAN AND PACIFIC (ACP) STATES


1 646 409 016 


1 607 609 507 


 


 


1 646 409 016 


1 607 609 507 




 



40 01 40, 40 02 41




155 025 




155 025 



 


 



155 025 




155 025 





 


 


1 646 564 041 


1 607 764 532 


 


 


1 646 564 041 


1 607 764 532 




22


ENLARGEMENT


1 022 359 107 


1 203 497 586 


 


 


1 022 359 107 


1 203 497 586 




 



40 01 40




62 971 




62 971 



 


 



62 971 




62 971 





 


 


1 022 422 078 


1 203 560 557 


 


 


1 022 422 078 


1 203 560 557 




23


HUMANITARIAN AID


820 363 155 


820 363 155 


 


 


820 363 155 


820 363 155 




 



40 01 40




44 026 




44 026 



 


 



44 026 




44 026 





 


 


820 407 181 


820 407 181 


 


 


820 407 181 


820 407 181 




24


FIGHT AGAINST FRAUD


77 645 000 


73 345 000 


 


 


77 645 000 


73 345 000 




25


COMMISSION'S POLICY COORDINATION AND LEGAL ADVICE


187 523 615 


187 523 615 


 


 


187 523 615 


187 523 615 




 



40 01 40




374 355 




374 355 



 


 



374 355 




374 355 





 


 


187 897 970 


187 897 970 


 


 


187 897 970 


187 897 970 




26


COMMISSION'S ADMINISTRATION


981 618 151 


998 618 151 


 


 


981 618 151 


998 618 151 




 



40 01 40, 40 02 41




32 085 997 




14 735 997 



 


 



32 085 997 




14 735 997 





 


 


1 013 704 148 


1 013 354 148 


 


 


1 013 704 148 


1 013 354 148 




27


BUDGET


68 135 786 


68 135 786 


 


 


68 135 786 


68 135 786 




 



40 01 40




111 533 




111 533 



 


 



111 533 




111 533 





 


 


68 247 319 


68 247 319 


 


 


68 247 319 


68 247 319 




28


AUDIT


10 593 209 


10 593 209 


 


 


10 593 209 


10 593 209 




 



40 01 40




23 214 




23 214 



 


 



23 214 




23 214 





 


 


10 616 423 


10 616 423 


 


 


10 616 423 


10 616 423 




29


STATISTICS


140 747 470 


120 323 470 


 


 


140 747 470 


120 323 470 




 



40 01 40




170 501 




170 501 



 


 



170 501 




170 501 





 


 


140 917 971 


120 493 971 


 


 


140 917 971 


120 493 971 




30


PENSIONS AND RELATED EXPENDITURE


1 214 092 000 


1 214 092 000 


 


 


1 214 092 000 


1 214 092 000 




31


LANGUAGE SERVICES


387 288 152 


387 288 152 


 


 


387 288 152 


387 288 152 




 



40 01 40




1 628 841 




1 628 841 



 


 



1 628 841 




1 628 841 





 


 


388 916 993 


388 916 993 


 


 


388 916 993 


388 916 993 




40


RESERVES


1 286 045 995 


658 695 995 


 


 


1 286 045 995 


658 695 995 




 



Total




137 978 231 536 




119 589 753 714 



 


 



137 978 231 536 




119 589 753 714 





 




40 01 40, 40 02 40, 40 02 41






537 163 995 






409 813 995 






p.m.






p.m.






537 163 995 






409 813 995 






 


 



138 515 395 531 




119 999 567 709 



 


 



138 515 395 531 




119 999 567 709 





TITLE 01
ECONOMIC AND FINANCIAL AFFAIRS


Overall objectives








—


Foster European Union growth, employment creation and sustainable development.










—


Promote prosperity beyond the European Union.

















Title
Chapter


Heading


FF


Budget 2010


Amending budget No 5/2010


New amount




Commitments


Payments


Commitments


Payments


Commitments


Payments






01 01


ADMINISTRATIVE EXPENDITURE OF ‘ECONOMIC AND FINANCIAL AFFAIRS’ POLICY AREA


5


64 232 528 


64 232 528 


 


 


64 232 528 


64 232 528 




 



40 01 40



 



142 485 




142 485 



 


 



142 485 




142 485 





 


 


 


64 375 013 


64 375 013 


 


 


64 375 013 


64 375 013 




01 02


ECONOMIC AND MONETARY UNION


 


16 000 000 


16 000 000 


 


 


16 000 000 


16 000 000 




01 03


INTERNATIONAL ECONOMIC AND FINANCIAL AFFAIRS


4


98 985 000 


90 000 000 


 


 


98 985 000 


90 000 000 




01 04


FINANCIAL OPERATIONS AND INSTRUMENTS


 


269 310 000 


235 255 000 


p.m.


p.m.


269 310 000 


235 255 000 




 



Title 01 — Total



 



448 527 528 




405 487 528 




p.m.




p.m.




448 527 528 




405 487 528 





 




40 01 40, 40 02 41




 




142 485 






142 485 




 


 




142 485 






142 485 






 


 


 



448 670 013 




405 630 013 



 


 



448 670 013 




405 630 013 






                           CHAPTER 01 04 —FINANCIAL OPERATIONS AND INSTRUMENTS













Title
Chapter
Article
Item


Heading


FF


Budget 2010


Amending budget No 5/2010


New amount




Commitments


Payments


Commitments


Payments


Commitments


Payments






01 04


FINANCIAL OPERATIONS AND INSTRUMENTS






01 04 01






European Union guarantees for lending operations






01 04 01 01


European Union guarantee for EU/Community loans raised for balance-of-payments support


1.1


p.m.


p.m.


 


 


p.m.


p.m.




01 04 01 02


Guarantee for Euratom loans raised


1.1


p.m.


p.m.


 


 


p.m.


p.m.




01 04 01 03


European Union guarantee for Union loans raised for financial assistance under the European financial stabilisation mechanism


 


 


 


p.m.


p.m.


p.m.


p.m.




01 04 01 04


European Union guarantee for EU/Community loans raised for macro-financial assistance to third countries


4


p.m.


p.m.


 


 


p.m.


p.m.




01 04 01 05


Guarantee for Euratom borrowings to improve the degree of efficiency and safety of nuclear power stations in the countries of central and eastern Europe and the Commonwealth of Independent States


4


p.m.


p.m.


 


 


p.m.


p.m.




01 04 01 06


European Union guarantee for European Investment Bank loans to third countries


4


p.m.


p.m.


 


 


p.m.


p.m.




01 04 01 14


Provisioning of the Guarantee Fund


4


93 810 000 


93 810 000 


 


 


93 810 000 


93 810 000 




 



Article 01 04 01 — Subtotal



 


93 810 000 


93 810 000 


p.m.


p.m.


93 810 000 


93 810 000 






01 04 04






Competitiveness and Innovation Framework Programme — Entrepreneurship and Innovation Programme




1.1


161 000 000 


91 900 000 


 


 


161 000 000 


91 900 000 






01 04 05






Completion of programme for enterprises: improvement of the financial environment for small and middle-sized enterprises (SMEs)




1.1


p.m.


35 000 000 


 


 


p.m.


35 000 000 






01 04 06






Completion of the ‘Employment’ initiative (1998 to 2000)




1.1


p.m.


45 000 


 


 


p.m.


45 000 






01 04 07






Participation in risk-capital funds for trans-European networks




1.1


p.m.


p.m.


 


 


p.m.


p.m.






01 04 09






European Investment Fund






01 04 09 01


European Investment Fund — Provision of paid-up shares of subscribed capital


1.1


14 500 000 


14 500 000 


 


 


14 500 000 


14 500 000 




01 04 09 02


European Investment Fund — Callable portion of subscribed capital


1.1


p.m.


p.m.


 


 


p.m.


p.m.




 



Article 01 04 09 — Subtotal



 


14 500 000 


14 500 000 


 


 


14 500 000 


14 500 000 






01 04 10






Nuclear safety




1.1


p.m.


p.m.


 


 


p.m.


p.m.




 



Chapter 01 04 — Total



 



269 310 000 




235 255 000 




p.m.




p.m.




269 310 000 




235 255 000 






                              01 04 01European Union guarantees for lending operations

                                 01 04 01 03European Union guarantee for Union loans raised for financial assistance under the European financial stabilisation mechanism







Budget 2010


Amending budget No 5/2010


New amount




 


p.m.


p.m.





Remarks


New item

Article 122 (2) of the Treaty foresees the possibility of granting Union financial assistance to a MemberState in difficulties or seriously threatened with severe difficulties caused by exceptional occurrences beyond its control.
The European Union guarantee is for loans raised on the capital markets or from financial institutions.
According to Article 2(2) of Council Regulation No 407/2010 of 11 May 2010, the outstanding amount of loans and credit lines granted to Member States under this stabilisation mechanism shall be limited to the margin available under the Union's own resources for payment appropriations.
This item constitutes the structure for the guarantee provided by the European Union. It will enable the Commission to service the debt should debtors default.
In order to honour its obligations, the Commission may draw on its cash resources to service the debt provisionally. Article 12 of Council Regulation (EC, Euratom) No 1150/2000 of 22 May 2000 implementing Decision 2000/597/EC, Euratom on the system of the Communities' own resources (OJ L 130, 31.5.2000, p. 1) shall apply.
Annex B to this section gives a summary of borrowing-and-lending operations guaranteed by the general budget, including debt management, in respect of capital and interest.

Legal basis

Council Regulation (EU) No 407/2010 of 11 May 2010 establishing a European financial stabilisation mechanism (OJ L 118, 12.5.2010, p. 1).

Reference acts

Article 122 (2) of the Treaty on the Functioning of the European Union.
B. GENERAL STATEMENT OF REVENUE BY BUDGET HEADING
REVENUE









Title


Heading


Budget 2010


Amending budget No 5/2010


New amount






1


OWN RESOURCES


119 261 112 517 


 


119 261 112 517 




3


SURPLUSES, BALANCES AND ADJUSTMENTS


2 253 591 199 


 


2 253 591 199 




4


REVENUE ACCRUING FROM PERSONS WORKING WITH THE INSTITUTIONS AND OTHER UNION BODIES


1 179 589 448 


 


1 179 589 448 




5


REVENUE ACCRUING FROM THE ADMINISTRATIVE OPERATION OF THE INSTITUTIONS


68 894 000 


 


68 894 000 




6


CONTRIBUTIONS AND REFUNDS IN CONNECTION WITH EU/COMMUNITY AGREEMENTS AND PROGRAMMES


30 000 000 


 


30 000 000 




7


INTEREST ON LATE PAYMENTS AND FINES


123 000 000 


 


123 000 000 




8


BORROWING AND LENDING OPERATIONS


p.m.


p.m.


p.m.




9


MISCELLANEOUS REVENUE


30 210 000 


 


30 210 000 




 



Total




122 946 397 164 




p.m.




122 946 397 164 





TITLE 8
BORROWING AND LENDING OPERATIONS









Title
Chapter


Heading


Budget 2010


Amending budget No 5/2010


New amount






8 0


REVENUE RESULTING FROM THE EUROPEAN UNION GUARANTEE FOR BORROWING AND LENDING OPERATIONS IN THE MEMBER STATES


p.m.


p.m.


p.m.




8 1


LOANS GRANTED BY THE COMMISSION


p.m.


 


p.m.




8 2


REVENUE RESULTING FROM THE EUROPEAN UNION GUARANTEE FOR BORROWING AND LENDING OPERATIONS FOR NON-MEMBER COUNTRIES


p.m.


 


p.m.




8 3


REVENUE RESULTING FROM THE EUROPEAN UNION GUARANTEE FOR LOANS GRANTED BY FINANCIAL ESTABLISHMENTS IN NON-MEMBER COUNTRIES


p.m.


 


p.m.




8 5


REVENUE FROM CONTRIBUTIONS BY GUARANTEE BODIES


p.m.


 


p.m.




 



Title 8 — Total




p.m.




p.m.




p.m.






                              CHAPTER 8 0 —REVENUE RESULTING FROM THE EUROPEAN UNION GUARANTEE FOR BORROWING AND LENDING OPERATIONS IN THE MEMBER STATES









Title
Chapter
Article
Item


Heading


Budget 2010


Amending budget No 5/2010


New amount




8 0


REVENUE RESULTING FROM THE EUROPEAN UNION GUARANTEE FOR BORROWING AND LENDING OPERATIONS IN THE MEMBER STATES






8 0 0






European Union guarantee for EU/Community loans raised for balance of payments support




p.m.


 


p.m.






8 0 1






European Union guarantee for Euratom loans raised




p.m.


 


p.m.






8 0 2






European Union guarantee for EU loans raised for financial assistance under the European Financial Stabilisation Mechanism




 


p.m.


p.m.




 



Chapter 8 0 — Total




p.m.




p.m.




p.m.






                                 8 0 2European Union guarantee for EU loans raised for financial assistance under the European Financial Stabilisation Mechanism







Budget 2010


Amending budget No 5/2010


New amount




 


p.m.


p.m.





Remarks


New Article

The Union guarantee is for loans raised on the capital markets or from financial institutions. The outstanding amount of loans or credit lines to be granted to Member States shall be in the limits foreseen in the legal basis.
This article is intended to record any revenue arising from exercise of rights in connection with a guarantee under Item 01 04 01 03, provided that this revenue has not been deducted from expenditure.
A summary of borrowing and lending operations, including debt management, in capital and interest, is given in Part B of the Annex to Section III.

Legal basis

Council Regulation (EU) No 407/2010 of 11 May 2010 establishing a European financial stabilisation mechanism (OJ L 118, 12.5.2010, p. 1).