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EU Solidarity Fund for Flood Relief in Serbia, Croatia, and Bulgaria

Summary

The European Parliament approves an amendment to the 2014 budget to release funds from the EU Solidarity Fund for flood relief in Serbia, Croatia, and Bulgaria.
10 17.03.2015
Other
budget
environment
public finance and budget policy

Key points

  • The budgetary procedure follows established legal frameworks set by European treaties.
  • The decision incorporates specific provisions related to energy community treaties.
  • The amendment mobilizes approximately 80 million euros from the EU Solidarity Fund to assist with flood relief in Serbia, Croatia, and Bulgaria.
  • Due to a shortage of available cash in 2014, the actual payments for this aid will be moved to the 2015 budget year.
Documents (PDFs)
REPORT on the Council position on Draft amending budget No 7/2014 of the European Union for the financial year 2014, Section III – Commission Draft amending budget No 7/2014: Floods in Serbia, Croatia and Bulgaria
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