|Author (Corporate)||Council of the European Union, European Parliament|
|Series Title||Official Journal of the European Union|
|Series Details||L 54|
Decision of the European Parliament and of the Council of 12 December 2018 authorising the mobilisation the Flexibility Instrument in order to supplement the financing available in the general budget of the Union for the financial year 2019.
Regulation (EU, Euratom) No 1311/2013 laying down the multiannual financial framework for the years 2014-2020 allows for the mobilisation of the Flexibility Instrument to finance clearly identified expenditure which could not be financed within the limits of the ceilings available for one or more headings of the multiannual financial framework.
After having examined all possibilities for re-allocating appropriations and exhausted any unallocated margin under the expenditure Security and Citizenship (heading 3), in May 2018 the Commission presented a proposal to mobilise the Flexibility Instrument to finance support for measures for managing the migration, refugee and security crisis. This mobilisation, which also included financing for the extension of the Structural Reforms Support Programme, was repealed and replaced by a second proposal on 16 October.
In the absence of agreement of the Conciliation Committee on the 2019 budget, on 30 November 2018 the Commission submitted a second draft budget for 2019 accompanied by a third proposal for mobilisation of the Flexibility Instrument, repealing and replacing the October proposal.
|Subject Categories||Economic and Financial Affairs|
|Subject Tags||EU Budget|
|International Organisations||European Union [EU]|