8th financial report from the Commission to the European Parliament and the Council on the European Agricultural Fund for Rural Development (EAFRD) – 2014 financial year

Summary:

The 2014 Draft Budget (DB) was adopted by the Commission and proposed to the Budgetary Authority on 28 June 2013. The Draft Budget for the European Agricultural Fund for Rural Development (EAFRD) totalled €10,340 million in payment appropriations. No commitment appropriations were requested for year 2014 as the old programming period ended in 2013. For the new programming period 2014-2020, the DB 2014 included €13,987 million in commitment appropriations and €1,312 million in payment appropriations.

The Council adopted its position on the 2014 Draft Budget on 2 September 2013. Payment appropriations for EAFRD programmes were reduced by €4.6 million for the old programming period and €50 million for the new programming period as compared to the Commission's DB while commitments remained unchanged. The European Parliament adopted its position on 23 October 2013 whereby it restored the Commission's proposal. The Conciliation procedure resulted in an agreement between the two institutions. The Council and the European Parliament agreed to a compromise package on 12 November 2013.

The Draft Budget was approved by the Parliament in a vote on 20 November 2013. The voted budget for the EAFRD amounted to €10,336 million in payment appropriations for the programming period 2007-2013 and €13,987 million in commitment appropriations and €1,275 million in payment appropriations for the period 2014-2020. Amending Budget No 2 was adopted on 17 December 2014. It reduced the payment appropriations for the Rural Development Programmes 2014-2020 by €20 million.

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Official

EUR-Lex: SWD(2016)111: Commission Staff Working Document accompanying the report http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD:2016:111:FIN

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