Proposal for a Decision of the European Parliament and of the Council amending Decision (EU) 2015/435 on the mobilisation of the Contingency Margin

The European Parliament and the Council decided on 17 December 2014 to mobilise the Contingency Margin in 2014 in order to react to unforeseen circumstances that had arisen after the multiannual financial framework (MFF) payment ceiling for 2014 was first established in February 2013, and to complement the payment appropriations in the general budget of the European Union for the financial year 2014 above the payment ceiling. The Decision offsets the amount mobilised in 2014 against the margins under the payment ceilings for the years 2018 to 2020.

The Draft Budget for 2017 shows a large margin available under the 2017 payment ceiling, whilst the mid-term payments forecast until 2020, presented by the Commission in the context of the MFF mid-term review, foresees a mounting pressure on payment ceilings for the years 2018-2020. The Commission, therefore, proposes to amend the above mentioned Decision by offsetting the amount mobilised in 2014 against the margins available under the payment ceiling in 2017.

• Primary Source

EUR-Lex: COM(2016)607: Follow the progress of this proposal through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2016:607:FIN

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