Summary
This proposal allocates €50 million to the 2015 EU budget to provide rapid financial advances to regions struck by natural disasters. 10 13.03.2015
Other
finance
social policy
european union
Key points
- Provision of funds for the European Union Solidarity Fund.
- The primary goal is to enable faster financial aid through the use of advances during natural disasters.
- A total amount of 50 million euros is allocated for the 2015 budget year.
- Advances are capped at 10% of the expected contribution and a maximum of 30 million euros per case.
Documents (PDFs)
REPORT on the proposal for a decision of the European Parliament and of the Council on the mobilisation of the European Union Solidarity Fund, in accordance with point 11 of the Interinstitutional Agreement of 2 December 2013 between the European Parliament, the Council and the Commission on budgetary discipline, on cooperation in budgetary matters and on sound financial management
Mobilisation of the EU Solidarity Fund: Regions affected by disasters
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