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Document 52013DC0928
COMMUNICATION FROM THE COMMISSION TO THE COUNCIL AND THE EUROPEAN PARLIAMENT Technical adjustment of the financial framework for 2014 in line with movements in GNI (Article 6 of Council Regulation No 1311/2013 laying down the multiannual financial framework for the years 2014-2020)
COMMUNICATION FROM THE COMMISSION TO THE COUNCIL AND THE EUROPEAN PARLIAMENT Technical adjustment of the financial framework for 2014 in line with movements in GNI (Article 6 of Council Regulation No 1311/2013 laying down the multiannual financial framework for the years 2014-2020)
COMMUNICATION FROM THE COMMISSION TO THE COUNCIL AND THE EUROPEAN PARLIAMENT Technical adjustment of the financial framework for 2014 in line with movements in GNI (Article 6 of Council Regulation No 1311/2013 laying down the multiannual financial framework for the years 2014-2020)
/* COM/2013/0928 final */
COMMUNICATION FROM THE COMMISSION TO THE COUNCIL AND THE EUROPEAN PARLIAMENT Technical adjustment of the financial framework for 2014 in line with movements in GNI (Article 6 of Council Regulation No 1311/2013 laying down the multiannual financial framework for the years 2014-2020) /* COM/2013/0928 final */
COMMUNICATION FROM THE COMMISSION TO
THE COUNCIL AND THE EUROPEAN PARLIAMENT Technical adjustment of the financial
framework for 2014 in line with movements in GNI
(Article 6 of Council Regulation No 1311/2013 laying down the multiannual
financial framework for the years 2014-2020) 1. introduction Council Regulation No 1311/2013 laying down the multiannual financial framework for the years
2014-2020[1]
(MFF Regulation) contains the financial framework table for EU-28 for the period
2014-2020, expressed in 2011 prices (Table 1). According to Article 6(1) of the MFF
Regulation, the Commission makes each year, ahead of the budgetary procedure
for year n+1, a technical adjustment to the financial framework in line with
movements in the EU's gross national income (GNI) and prices and communicates
the results to the two arms of the budgetary authority. As far as prices are
concerned, expenditure ceilings at current prices are established using the
fixed 2% deflator as provided for in Article 6(2) of the MFF Regulation. As far
as movements in GNI are concerned, the present Communication includes the
latest economic forecasts available. At the same time the Commission shall calculate
the margin available under the own-resources ceiling set in accordance with
Decision 2007/436/EC, Euratom, the absolute amount of the Contingency Margin
provided for in Article 13, the global margin for payments provided for in
Article 5, and the global margin for commitments provided for in Article 14 of
the MFF Regulation. The purpose of this communication is to present
to the budgetary authority the result of the technical adjustment (EU-28) for
2014 according to Article 6 of the MFF Regulation. Given that the technical adjustment for 2014 is
based on the new provisions of the MFF Regulation which was not adopted before
the start of the budgetary procedure for year n+1, the technical adjustment for
2014 was, exceptionally, not made ahead of the budgetary procedure. The Budget
for 2014 is, however, in line with the ceilings and amounts that result from
this technical adjustment. 2. terms
of the adjustment of the financial framework table (tables 1-2) Table 1 shows
the financial framework for EU-28 in 2011 prices as included in Annex I of the
MFF Regulation. Table 2 shows
the financial framework for EU-28 adjusted for 2014 (i.e. in current prices).
The financial framework expressed in percentage of GNI is updated with the
latest economic forecasts available (Autumn 2013) and long-term projections. 2.1. Total
figure for GNI According to the latest forecast available, the
GNI for 2014 is established at EUR 13 422 184 million in
current prices for EU-28. 2.2. Main results of the technical adjustment of the
Financial Framework for 2014 The overall ceiling for commitment
appropriations for 2014 (EUR 142 540 million) equals 1.06 %
of GNI. The corresponding overall ceiling concerning
the payment appropriations (EUR 135 866 million) equals 1.01 %
of GNI. On the basis of the latest economic forecasts, this leaves a margin
beneath the 1.23 % own resources ceiling of EUR 29 267 million
(0.22 % of GNI for EU-28). 3. global
margin for payments According to Article 5 of the MFF Regulation, the
Commission will adjust the payment ceiling for the years 2015-2020 upwards by
an amount equivalent to the difference between the executed payments and the
MFF payment ceiling of the year n-1. Any upward adjustment shall be fully
offset by a corresponding reduction of the payment ceiling for year n-1. This adjustment will be done for the first time
in 2015. 4. special
instruments A number of instruments are available outside
expenditure ceilings agreed in the financial framework 2014-2020. These
instruments aim at providing rapid response to exceptional or unforeseen
events, and provide some flexibility beyond the agreed expenditure ceilings
within certain limits: 4.1. Emergency
Aid Reserve According to Article 9 of the MFF Regulation,
the Emergency Aid reserve can be mobilised up to a maximum amount of
EUR 280 million per year in 2011 prices, or EUR 297 million
in 2014 at current prices (EUR 2 209 million for the whole
period in current prices). The portion of the unused amount of the previous
year can be carried over. 4.2. European
Union Solidarity Fund According to Article 10 of the MFF Regulation,
the EU Solidarity Fund can be mobilised up to a maximum amount of
EUR 500 million per year in 2011 prices, or EUR 531 million
in 2014 at current prices (EUR 3 945 million for the whole
period in current prices). The portion of the unused amount of the previous
year can be carried over. 4.3. Flexibility
Instrument According to Article 11 of the MFF Regulation,
the Flexibility Instrument can be mobilised up to a maximum
annual amount of EUR 471 million in 2011 prices, or EUR 500 million
in 2014 in current prices (EUR 3 716 million for the whole
period in current prices). The portion of the unused annual amounts of the
previous 3 years may be carried over. 4.4. European
Globalisation Adjustment Fund According to Article 12 of the MFF Regulation,
the European Globalisation Adjustment Fund can be mobilised up to a
maximum of EUR 150 million per year in 2011 prices, or EUR 159
million in 2014 in current prices (EUR 1 183 million for the
whole period in current prices). 4.5. Contingency
Margin According to Article 13 of the MFF Regulation,
a Contingency Margin of up to 0.03 % of the Gross National Income of the Union shall be constituted outside the ceilings of the financial framework for the
period 2014‑2020. The absolute amount of the Contingency Margin
for the year 2014 is EUR 4 026,7 million. 4.6. Global
margin for commitments for growth and employment,
in particular youth employment According to Article 14 of the MFF Regulation, margins
left available below the MFF ceilings for commitment appropriations for the
years 2014-2017 shall constitute a Global MFF Margin for commitments, to be
made available over and above the ceilings established in the Annex of the MFF
Regulation for the years 2016 to 2020 for policy objectives related to growth
and employment, in particular youth employment. The Commission shall calculate
the amount available. The Global MFF Margin for commitments will
be calculated for the first time in 2015. [1] OJ L …