Proposal for a COUNCIL DECISION on the financial contributions to be paid by Member states to finance the European Development fund in 2014, including the second instalment for 2014
Date: 2014-06-13
Institutions: European Commission
Subjects: European Development Fund, European Investment Bank, Member States' contribution













EUR-Lex - 52014PC0347 - EN











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52014PC0347

Proposal for a COUNCIL DECISION on the financial contributions to be paid by Member states to finance the European Development fund in 2014, including the second instalment for 2014 /* COM/2014/0347 final - 2014/0178 (NLE) */









EXPLANATORY MEMORANDUM
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(3) of the 10th EDF Financial Regulation, this
proposal covers:
–     
the amount of the second instalment of the
contribution for 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 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 58(2) of the
Financial Regulation calls for contributions should first use up the amounts
available from 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.
In accordance with Article 57(3) of the 10th
EDF Financial Regulation, the Council must decide on this proposal at the
latest 21 calendar days following the presentation by the Commission of its
proposal and Member States must pay the second instalment at the latest 21
calendar days following the date on which the Council decision was notified to
them.
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
2014/0178 (NLE)
Proposal for a
COUNCIL DECISION
on the financial contributions to be paid
by Member states to finance the European Development fund in 2014, including
the second 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[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
European Commission,
Whereas:
(1)       In accordance with the
procedure laid down in Articles 57 to 61 of the 10th EDF Financial Regulation ,
the Commission is presenting a proposal by 15 June specifying (a)
the amount of the second instalment of the contribution for 2014, and (b) a
revised annual amount of the contribution for the year 2014 in line with actual
needs, in case where, in accordance with Article 7(3) of the Internal
Agreement, the annual amount deviate from actual needs.
(2)       The Council has adopted on
the 8th of November 2013, on a proposal made by the Commission, the decision to
fix at EUR 3.100.000.000 the Commission's share and at 150.000.000 the EIB's
share of the annual amount of the Member States contributions to the EDF for
2014.
(3)       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.
(4)       Article 58(2) of the 10th
European Development Fund (hereafter "the EDF") Financial Regulation
provides that calls for contributions first use up the amounts provided 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,
HAS ADOPTED THIS DECISION: 
Article 1
The individual EDF contributions to be paid
by the Member States to the Commission and the EIB as the second instalment for
2014 are set out in the table in the Annex.
Article 2
This decision shall apply from the date of
its adoption.
Article 3
This Decision is addressed to the Member
States.
Done at Brussels,
                                                                       For
the Council
                                                                       The
President
[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.
ANNEX
to the
COUNCIL DECISION
on the financial contributions to
be paid by Member states to finance the European Development fund in 2014,
including the second instalment for 2014