BETA

Procedure completed, awaiting publication in Official Journal



2012/2127(BUD) Amending budget 4/2012: own resources; risk-sharing instruments; EuroGlobe
RoleCommitteeRapporteurShadows
Lead BUDG BALZANI Francesca (S&D)
Lead committee dossier: BUDG/7/10633

Activites

  • 2012/10/23 Budgetary text adopted by Parliament
    • Results of vote in Parliament
    • T7-0364/2012 summary
  • 2012/10/22 Committee referral announced in Parliament, 1st reading/single reading
  • 2012/10/11 Budgetary report tabled for plenary, 1st reading
    • A7-0308/2012 summary
  • 2012/10/10 Vote in committee, 1st reading/single reading
  • 2012/09/25 Amendments tabled in committee
  • #3187
  • 2012/09/24 Council Meeting
    • 14059/2012 summary
  • 2012/09/17 Committee draft report
  • 2012/06/20 Commission draft budget
    • COM(2012)0340 summary
    • DG {'url': 'http://ec.europa.eu/dgs/budget/', 'title': 'Budget'}, LEWANDOWSKI Janusz

Documents

AmendmentsDossier
2 2012/2127(BUD)
2012/09/25 BUDG 2 amendments...
source: PE-496.518

History

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

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date
2012-12-21T00:00:00
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Final act published in Official Journal
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Old
Procedure completed, awaiting publication in Official Journal
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Procedure completed
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Old
8.70.13 2012 budget
New
8.70.52 2012 budget
activities/3
body
EP
date
2012-09-24T00:00:00
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EP officialisation
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http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2012&nu_doc=340
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http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2012/0340/COM_COM(2012)0340_EN.pdf
activities/8/docs/0/text
  • The European Parliament adopted by 472 votes to 22, with 28 abstentions, a resolution approving, without amendment, the Council position on Draft amending budget No 4/2012 of the European Union for the financial year 2012, Section III – Commission.

    Parliament recalls that this Draft amending budget has a triple objective:

    • the creation of four budget lines in order to reallocate financial appropriations from up to 10 % of the European Regional Development Fund (ERDF) and Cohesion Fund 2007-2013 allocation to risk-sharing instruments;
    • a revision and budgeting of the forecast of the own resources, resulting in a change in the distribution between Member States of their own resources contributions to the EU budget; and
    • the replacement of the "dash" presented in payment appropriations for a budget line 16 03 05 01 – Preparatory action – EuroGlobe by a token entry (p.m.) to make a transfer possible.

    It also recalls that Draft amending budget No 4/2012 foresees the possibility that reflows and amounts left-over from Union support to risk-sharing instruments financed from cohesion policy be added the following year, at the request of the Member State concerned, to its cohesion policy financial allocation. Draft amending budget No 4/2012 is fully consistent with the modifications of the Financial Regulation agreed between the European Parliament and the Council.

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http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P7-TA-2012-364
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Results of vote in Parliament
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Results of vote in Parliament
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2012-10-23T00:00:00
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2012-06-20T00:00:00
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Commission draft budget
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EC
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EP
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  • DG: url: http://ec.europa.eu/dgs/budget/ title: Budget Commissioner: LEWANDOWSKI Janusz
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2012-06-20T00:00:00
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2012-09-17T00:00:00
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COM(2012)0340
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PE496.376
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Committee draft report
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Old
Commission draft budget
New
Committee draft report
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CSL
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3187
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2012-09-24T00:00:00
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EP
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CSL
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General Affairs
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2012-09-17T00:00:00
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2012-09-24T00:00:00
activities/2/docs/0/text
  • On 20 June 2012, the Commission submitted draft amending budget (DAB) No 4/2012, covering the following elements:

    ·        a revision of forecast of Own Resources;

    ·        creation of budget lines with a token entry (p.m.) related to the establishment of risk sharing instruments;

    ·        creation of a token entry (p.m.) on budget line 16 03 05 01.

    Revision of the forecast of Own Resources: on the basis of more recent economic updates, the advisory committee on own resources agreed during its meeting on 21 May 2012 to revise the 2012 forecasts of traditional own resources, the VAT and the GNI bases. As a result of this updated forecast, it has been decided to:

    ·        decrease by -7.9 % the financing from the net custom duties;

    ·        increase by +0.4 % the forecast for the EU uncapped VAT base and

    ·        decrease by -1.9 % the forecast for the GNI base.

    The DAB also revises the budgetary imbalances in favour of UK (UK correction) for the years 2008, 2010 and 2011 and the gross reductions in GNI payments in favour of Sweden and the Netherlands.

    These reductions are to be financed by all Member States. 

    Risk-sharing instruments: in order to address certain liquidity problems in financing the cohesion policy projects, Council Regulation (EC) No 1083/2006 has been amended. The Member States experiencing or threatened by serious difficulties with respect to their financial stability would therefore have the option of creating risk-sharing instruments or similar bodies with a view to facilitate private investment. In order to implement those new provisions, it is proposed to create the following three new Articles under Chapter 13 (Regional Policy), with a token entry (p.m.):

    ·        13 03 40 (Risk-sharing instruments financed from the ERDF Convergence envelope);

    ·        13 03 41 (Risk-sharing instruments financed from ERDF Regional competitiveness and employment envelope);

    ·        13 04 03 (Risk-sharing instruments financed from the Cohesion Fund envelope).

    Moreover, a new revenue Item 6 1 4 4 (repayment of Union support to commercially successful projects and activities and to Risk Sharing Instruments financed from the ERDF and Cohesion Fund - Assigned Revenue) will record potential reflows and amounts leftover from Union support to the risk sharing instruments.

    Creation of a token entry (p.m.): Item 16 03 05 01 (Preparatory action - EuroGlobe) was created in the 2012 budget with a "dash" in payment appropriations. However, an internal transfer is necessary for this budget line in order to cover the payment request. In order to enable this transfer, it is proposed to modify the line and to replace the "dash" with a token entry (p.m.).

    In conclusion, on 24 September 2012, the Council adopted its position on draft amending budget No 4 of the European Union for the financial year 2012, and was able to accept the Commission proposal without any changes.

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Old
PE496.376
New
14059/2012
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Committee draft report
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Council position on draft budget published
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http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE496.376
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http://register.consilium.europa.eu/servlet/driver?page=Result&lang=EN&typ=Advanced&cmsid=639&ff_COTE_DOCUMENT=14059%2F12&fc=REGAISEN&srm=25&md=100
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3187
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Committee draft report
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Council Meeting
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  • type: Decision by Parliament, 1st reading/single reading title: T7-0364/2012
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Old
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New
Budgetary text adopted by Parliament
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Procedure completed, awaiting publication in Official Journal
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procedure/stage_reached
Old
Preparatory phase in Parliament
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activities/6/docs/0/text
  • The Committee on Budgets adopted the report by Francesca BALZANI (S&D, IT) on the Council position on Draft amending budget No 4/2012 of the European Union for the financial year 2012, Section III Commission.

    Members recall that this Draft amending budget has a triple objective:

    • the creation of four budget lines in order to reallocate financial appropriations from up to 10 % of the European Regional Development Fund (ERDF) and Cohesion Fund 2007-2013 allocation to risk-sharing instruments;
    • a revision and budgeting of the forecast of the own resources, resulting in a change in the distribution between Member States of their own resources contributions to the EU budget; and
    • the replacement of the "dash" presented in payment appropriations for a budget line 16 03 05 01 Preparatory action EuroGlobe by a token entry (p.m.) to make a transfer possible.

    They also recall that Draft amending budget No 4/2012 foresees the possibility that reflows and amounts left-over from Union support to risk-sharing instruments financed from cohesion policy be added the following year, at the request of the Member State concerned, to its cohesion policy financial allocation. Draft amending budget No 4/2012 is fully consistent with the modifications of the Financial Regulation agreed between the European Parliament and the Council.

    Members also call on Parliament to approve, without amendment, the Councils position on Draft amending budget No 4/2012 but demand that:

    • any transfer from cohesion policy to those to-be-defined financial instruments should be duly justified to the budgetary authority and well controlled; and
    • that regular and detailed information on the operational programmes to be reduced, on the financial instruments to be implemented and on the projects to be supported should be transmitted to Parliament.
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2012-10-25T00:00:00
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2012-10-23T00:00:00
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2012-10-25T00:00:00
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  • date: 2012-09-17T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE496.376 type: Committee draft report title: PE496.376 body: EP type: Committee draft report
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links
other
  • body: EC dg: url: http://ec.europa.eu/dgs/budget/ title: Budget commissioner: LEWANDOWSKI Janusz
procedure
reference
2012/2127(BUD)
title
Amending budget 4/2012: own resources; risk-sharing instruments; EuroGlobe
stage_reached
Preparatory phase in Parliament
subtype
Budget
type
BUD - Budgetary procedure
subject
8.70.13 2012 budget