Proposal for a Decision of the European Parliament and of the Council on the Mobilisation of the Flexibility Instrument

The Interinstitutional Agreement of 17 May 2006 allows for the mobilisation of the Flexibility Instrument to allow the financing of 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.

In accordance with point 27 of the Interinstitutional Agreement, and after having examined all possibilities for re-allocating appropriations under heading 4, the Commission proposes to mobilise the Flexibility Instrument for the financing of the European Neighbourhood Policy, for an amount of €153.3 million beyond the ceiling of heading 4.

EUR-Lex: COM(2011)373: Follow the progress of this document through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2011:373:FIN

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