CELEX: 52013PC0647
Language: en
Date: 2013-09-18
Title: Proposal for a DECISION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the Mobilisation of the Flexibility Instrument

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		52013PC0647
		
			Proposal for a DECISION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the Mobilisation of the Flexibility Instrument /* COM/2013/0647 final */
			
				
		
		
			
			   	EXPLANATORY MEMORANDUM
The [Council Regulation laying down the
multiannual financial framework for the years 2014-2020] allows for the
mobilisation of the Flexibility Instrument to allow the financing of clearly
identified expenditure which could not be financed within the limits of the
ceilings available for one or more headings of the multiannual financial
framework.
In accordance with [Article 11 of the Council
Regulation laying down the multiannual financial framework for the years
2014-2020], and after having examined all possibilities for re-allocating
appropriations under heading 1b, the Commission proposes to mobilise the
Flexibility Instrument to complement the financing in the general budget of the
European Union for the financial year 2014, beyond the ceiling of heading 1b,
of EUR 78 380 000 towards the financing of the Cypriot
Structural Funds programmes to grant an additional allocation from the
Structural Funds to Cyprus.
The two arms of the budgetary authority are
reminded that the publication of the Decision in the Official Journal of the
European Union shall not intervene later than the publication of the general
budget of the European Union for the financial year 2014.
Proposal for a
DECISION OF THE EUROPEAN PARLIAMENT
AND OF THE COUNCIL
on the Mobilisation of the Flexibility
Instrument
THE EUROPEAN PARLIAMENT AND THE
COUNCIL OF THE EUROPEAN UNION,
Having regard to the [Council Regulation
laying down the multiannual financial framework for the years 2014-2020, and in
particular the Article 11 thereof,]
Having regard to the proposal from the
European Commission,
Whereas, after having examined all
possibilities for re-allocating appropriations under heading 1b, it appears
necessary to mobilise the flexibility instrument to complement the financing in
the general budget of the European Union for the financial year 2014, beyond
the ceiling of heading 1b, of EUR 78 380 000 towards the
financing of the Cypriot Structural Funds programmes to grant an additional
allocation from the Structural Funds to Cyprus for the year 2014 by a total
amount of EUR 100 000 000.
HAVE ADOPTED THIS DECISION: 
Article 1
For the general budget of the European
Union for the financial year 2014, the flexibility instrument shall be used to
provide the sum of EUR 78 380 000 in commitment
appropriations in heading 1b.
That amount shall be used to complement the financing of the Cypriot Structural
Funds programmes under heading 1b.
Article 2
This decision shall be published in the Official
Journal of the European Union.
Done at Brussels,
For the European Parliament                       For
the Council
The President                                                 The
President