CELEX: 52011PC0373
Language: en
Date: 2011-06-17
Title: Proposal for a DECISION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the Mobilisation of the Flexibility Instrument

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		52011PC0373
		
			Proposal for a DECISION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the Mobilisation of the Flexibility Instrument /* COM/2011/0373 final  */
			
				
		
		
			
			   	EXPLANATORY MEMORANDUM
The Interinstitutional Agreement of 17 May
2006[1] 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 point 27 of the
Interinstitutional Agreement, and after having examined all possibilities for
re-allocating appropriations under heading 4, the Commission proposes to
mobilise the Flexibility Instrument for the financing of the European
Neighbourhood Policy, for an amount of EUR 153,3 million beyond the
ceiling of heading 4.
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 for the General
Budget for the year 2012.
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 Interinstitutional
Agreement of 17 May 2006 between the European Parliament, the Council and the
Commission on budgetary discipline and sound financial management[2], and in particular the fifth
paragraph of point 27 thereof,
Having regard to the proposal from the European
Commission,
Whereas, after having examined all
possibilities for re-allocating appropriations under heading 4, it appears
necessary to mobilise the flexibility instrument to complement the financing in
the general budget of the European Union for the financial year 2012, beyond
the ceiling of heading 4, of EUR 153,3 million towards the financing
of the European Neighbourhood Policy,
HAVE ADOPTED THIS DECISION: 
Article 1
For the general budget of the European
Union for the financial year 2012, the flexibility instrument shall be used to
provide the sum of EUR 153,3 million in commitment appropriations in
heading 4.
That amount shall be used to complement the
financing of EUR 153 343 576 for the European Neighbourhood Policy under
heading 4.
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
[1]               OJ C 139, 14.06.2006, p. 1
[2]               OJ C 139, 14.6.2006, p. 1.