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EU Budget Amendment 2015: Transferring Unused Funds

Summary

The European Parliament approves a budget amendment to transfer unused 2014 funds to 2015 and subsequent years. This aims to support economic growth and job creation by ensuring programs under shared management can use the allocated money.
10 17.07.2015
Other
budget
economy
social policy
european union
public finance and budget policy

Key points

In force from 01/01/2015 Out of force from 31/12/2017
  • The transfer of unused budget allocations from 2014 to the years 2015, 2016, and 2017.
  • A significant increase of over 16 billion euros in the 2015 budget for various shared management funds.
  • A small budget increase for pre-accession assistance programs to ensure consistency in funding.
  • The use of these funds to drive economic growth and job creation across Member States.
Documents (PDFs)
REPORT on the Council position on Draft amending budget No 2/2015 of the European Union for the financial year 2015, Section III – Commission Draft amending budget No 2/2015: Revision of the MFF for 2014-2020
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