CELEX: 52010PC0556
Language: en
Date: 2010-10-14
Title: Proposal for a COUNCIL DECISION on the financial contributions to be paid by the Member States to finance the European Development Fund in 2011 and 2012, including the first instalment for 2011

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52010PC0556

/* COM/2010/0556 final - NLE 2010/0288 */  Proposal for a COUNCIL DECISION on the financial contributions to be paid by the Member States to finance the European Development Fund in 2011 and 2012, including the first instalment for 2011  

	[pic] | EUROPEAN COMMISSION |Brussels, 14.10.2010COM(2010) 556 final2010/0288 (NLE)Proposal for aCOUNCIL DECISIONon the financial contributions to be paid by the Member States to finance the European Development Fund in 2011 and 2012, including the first instalment for 2011EXPLANATORY MEMORANDUMThe Internal Agreement and Financial Regulation of the 10th EDF provide for a new procedure for the calls for contributions to be paid by Member States to finance the EDF. According to Article 157 of the Financial Regulation, this new procedure applied for the first time for the contributions of 2009.In accordance with Article 57(2) of the Financial Regulation, this proposal covers:-  the ceiling for the annual amount of the contribution for 2012;-  the annual amount of the contribution for 2011; and-  the amount of the first instalment of the contribution for 2011.In accordance with Article 57(7) of the 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 Financial Regulation, the EIB has sent the Commission its updated estimates of commitments and payments under the instruments it manages.In accordance with Article 57(2) of the Financial Regulation, the Council must decide on this proposal by 15 November 2010 and Member States must pay the first instalment of the contribution at the latest by 21 January 2011.Article 58(2) of the Financial Regulation provides that calls for contributions first use up the amounts laid down for previous EDFs, one after the other. The calls for contributions in this proposal therefore concern amounts under the 9th and, for the first time, the 10th EDF.Note that 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.2010/0288 (NLE)Proposal for aCOUNCIL DECISIONon the financial contributions to be paid by the Member States to finance the European Development Fund in 2011 and 2012, including the first instalment for 2011THE 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], 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[2] (hereinafter referred to as "the 10th EDF Financial Regulation"), and in particular Article 57 (2) thereof,Having regard to the proposal from the 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 2010 specifying the ceiling for the annual amount of the Member States European Development Fund (EDF) contribution for 2012, the annual amount of the contribution for 2011 and the amount of the first instalment of the contribution for 2011.(2) Article 58(2) of the 10th EDF Financial Regulation provides that calls for contributions first use up the amounts laid down 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. 10th EDF funds will be called for the first time in 2011.(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) The Council should decide on this proposal by 15 November 2010, and Member States should pay the first instalment of the contribution for 2011 at the latest by 21 January 2011,HAS ADOPTED THIS DECISION:Article 1The ceiling for the annual amount of the Member States EDF contributions for 2012 is hereby set at EUR 4 000 000 000 for the Commission, and at EUR 350 000 000 for the European Investment Bank.Article 2The annual amount of the Member States EDF contributions for 2011 is hereby set at EUR 3 690 000 000 for the Commission, and at EUR 210 000 000 for the European Investment Bank.Article 3The individual EDF contributions to be paid by the Member States to the Commission and to the European Investment Bank as the first instalment for 2011 are set out in the table in the Annex.Article 4This decision shall apply from the date of its adoption.Article 5This decision is addressed to the Member States.Done at Brussels,For the CouncilThe PresidentANNEXFirst instalment of contributions for 2011 (in EUR)[pic][1] OJ L 247, 9.9.2006, p. 32.[2] OJ L 78, 19.3.2008, p. 1.