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Transfer of 2014 Budget Surplus to 2015

Summary

The European Parliament approves moving a EUR 1,435 million surplus from 2014 into the 2015 budget to reduce Member State contributions and support solidarity funds.
10 07.10.2015
Other
economy
finance
social policy
european union
public finance and budget policy

Key points

  • The European Parliament approves the transfer of a surplus from 2014 into the 2015 budget.
  • The total amount of the surplus to be integrated is EUR 1,435 million.
  • The surplus is driven by increased income from fines and interest, as well as lower-than-expected spending.
  • This budget adjustment will reduce the financial contributions required from Member States by EUR 1,435 million.
Documents (PDFs)
REPORT on the Council position on Draft amending budget No 3/2015 of the European Union for the financial year 2015 - entering the surplus of the financial year 2014 Draft amending budget No 3/2015: surplus from 2014
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