9th financial report on the European Agricultural Fund for Rural Development (EAFRD) – 2015 financial year

Summary:

The 2015 Draft Budget was adopted by the Commission and proposed to the Budgetary Authority on 24 June 2014. The Draft Budget for the European Agricultural Fund for Rural Development (EAFRD) totalled €6,144 million in payment appropriations. No commitment appropriations were requested for year 2015 as the old programming period ended in 2013. For the new programming period 2014-2020, the Draft Budget included €13,819 million in commitment appropriations and €5,499 million in payment appropriations.

The Council adopted its position on the 2015 Draft Budget on 2 September 2014 and the European Parliament adopted its position on 22 October 2014. The Conciliation Committee had to be convened, however it was not possible to reconcile the position of the European Parliament and Council within the time period allowed.

In the absence of the agreement in the Conciliation Committee, the Commission submitted a new Draft Budget 2015 on 27 November 2014. The new Draft Budget included a decrease of €262 million of the payment appropriations for the EAFRD, compared to the initial Draft Budget. This decrease concerned both programming periods (€138 million for the old period and €124 million for the new one).

The 2015 budget was finally adopted on 17 December 2014, further decreasing EAFRD payment appropriations by €218 million, of which €115 million for the old programming period and €103 million for the new period.

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