|Author (Corporate)||Council of the European Union, European Parliament|
|Series Title||Official Journal of the European Union|
|Series Details||L 254, Pages 19-40|
Definitive Adoption of Amending Budget No. 4 of the European Union (EU) for the financial year 2020, upon completion of procedure under Article 314 TFEU.
The Amending Budget (DAB) No 4 for the year 2020 accompanies the proposal to mobilise the European Union Solidarity Fund (EUSF) for an amount of €278,993,814 to provide assistance to Portugal, Spain, Italy and Austria following natural disasters that took place in these Member States in the course of 2019. DAB No 4/2020 proposes to enter the necessary appropriations in the general budget 2020, both in commitments and payments, after having deducted the advances already paid out to Portugal and Spain (€6,495,606).
The initiative aiming to amend the EU's annual budget for 2020 was published by the European Commission on 30 April 2020. It was adopted by the Council of the European Union on 25 May and by the European Parliament on 18 June. It was signed by the co-legislators on the same day and published in the Official Journal on 4 August 2020.
|Subject Categories||Economic and Financial Affairs|
|Subject Tags||EU Budget|
|International Organisations||European Union [EU]|