Activites

• 2007/11/20 Final act published in Official Journal
  • Budget 2007/721
  • OJ L 302 20.11.2007, p. 0001
• 2007/09/05 Results of vote in Parliament
  • Results of vote in Parliament
  • T6-0369/2007 summary

    The European Parliament adopted a resolution drawn up by James ELLES (EPP-ED, UK) and approved Draft amending budget No 5/2007 unamended. The latter covers the revision of the forecast of traditional own resources (TOR, i.e. customs duties, agricultural duties and sugar levies), VAT and GNI bases and the budgeting of the relevant UK corrections as well as their financing, resulting in a change in the distribution between Member States of their own resources contributions to the EU budget. It also deals with the repayment of the surplus from the Guarantee Fund for external measures.

• 2007/09/03 Committee referral announced in Parliament, 1st reading/single reading
• 2007/07/24 Budgetary report tabled for plenary, 1st reading
  • A6-0300/2007
• 2007/07/17 Vote in committee, 1st reading/single reading
• #2814
• 2007/07/13 Council Meeting
  • 11707/2007 summary

    On 21 June 2007, the Commission forwarded to the Council Preliminary Draft Amending Budget (PDAB) No. 5/2007. This PDAB covers the following three elements: the revision of the forecast of traditional own resources (TOR, i.e. customs duties, agricultural duties and sugar levies), VAT and GNI bases and the budgeting of the relevant UK corrections (first update of the 2006 UK correction and the definitive amount of the 2003 UK correction) as well as their financing, resulting in a change in the distribution between Member States of their own resources contributions to the EU budget;the repayment of the surplus from the Guarantee Fund for external measures, amounting to EUR 260 940 125. The Member States' contributions of own resources based on GNI are reduced correspondingly;as a result of changes in the Financial Regulation and its implementing rules, three new budget lines (6330, 6331 and 6332) have been created and some budget remarks in the statement of revenue (concerning Articles/Items: 5000, 5001, 522, 6113, 6701, 6702, 6703, 6711, 6712 and 6802) have been modified.On 13 July 2007, the Council established Draft Amending Budget No. 5 for the financial year 2007 as submitted by the Commission in its Preliminary Draft Amending Budget No. 5 and set out in the technical annex to this explanatory memorandum.

• 2007/06/21 Commission preliminary draft budget published
  • COM(2007)0340 summary

    PURPOSE: to present the Preliminary Draft Amending Budget No 5 to the Budget for 2007 (PDAB 5/2007).CONTENT: the Preliminary Draft Amending Budget No 5 to the Budget for 2007 (PDAB 5/2007) covers the following points:the revision of the forecast of traditional own resources (TOR, i.e. customs duties, agricultural duties and sugar levies), VAT and GNI bases and the budgeting of the relevant UK corrections as well as their financing, resulting in a change in the distribution between Member States of their own resources contributions to the EU budget;the repayment of the surplus from the Guarantee Fund for external measures: Article 7 of Council Decision (EC, Euratom) 2000/597 states that "surplus from the Guarantee Fund arising from external measures, transferred to the revenue account in the budget, shall be regarded as constituting own resources ". Thus in addition to the revision of the forecasts of own resources, the PDAB 5/2007 enters an amount of EUR 260 940 125. This amount results from the repayment to the general budget of the amount corresponding to the provision of outstanding capital liabilities for Bulgaria and Romania at 1 January 2007;the impact of changes in the Financial Regulation on the revenue side: all the recent amendments to the Financial Regulation have entered into force by 1 May 2007. Moreover Regulation (EC, Euratom) No 2342/2002 laying down detailed rules for the implementation of the Financial Regulation has been also amended. Therefore appropriate changes will need to be made in the PDAB 5/2007. Three new budget lines (6330, 6331 and 6332) have been created to accommodate financial contributions from Member States and other donor countries, including in both cases their public and parastatal agencies, or from international organisations to certain external aid projects or programmes financed by the Community and managed by the Commission on their behalf, pursuant to the relevant basic act. This is a consequence of the new point (aa) that has been inserted into Article 18 (1) of the Financial Regulation. Some budget remarks in the statement of revenue contain references to articles of the Financial Regulation that have been modified and they need to be adjusted accordingly. This is a purely technical update and concerns the following articles/items: 5000, 5001, 522, 6113, 6701, 6702, 6703, 6711, 6712 and 6802.

Documents

• Commission preliminary draft budget published: COM(2007)0340
• Council draft budget published: 11707/2007
• Budgetary report tabled for plenary, 1st reading: A6-0300/2007
• Results of vote in Parliament: Results of vote in Parliament
• Decision by Parliament, 1st reading/single reading: T6-0369/2007
• : Budget 2007/721
• : OJ L 302 20.11.2007, p. 0001

History

(these mark the time of scraping, not the official date of the change)