1 Amendments of Carl HAGLUND related to 2009/0070(COD)
Amendment 10 #
Proposal for a regulation
Recital 16
Recital 16
16. For the entire duration of GMES initial operations, a financial envelope of EUR 107m constituting the prime reference, within the meaning of point 37 of the Interinstitutional Agreement of 17 May 2006 between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management should been established. It is envisaged that this financial envelope will be complemented by an amount of EUR 43209 million from the space theme of the Seventh Framework Programme for research actions accompanying GMES initial operations. The funds from the Seventh Framework Programme should be used solely for the purpose of actions related to the development phase of the GMES programme. These two sources of financing should be managed in a coordinated manner so that real progress can be made in deploying GMES services.