Summary
The proposal aims to allocate EUR 50 million from the EU Solidarity Fund to allow for rapid advance payments to Member States facing natural disasters in 2016. 10 24.02.2016
Other
economy
finance
social policy
european union
administrative law
public administration
Key points
In force from 01/01/2016 Out of force from 31/12/2016
- Allocation of EUR 50 million from the EU Solidarity Fund for the 2016 budget.
- Implementation of a mechanism to allow for rapid advance payments in the event of natural disasters.
- Advance payments are limited to a maximum of 10% of the anticipated financial contribution and cannot exceed EUR 30 million per request.
- The European Commission is responsible for recovering any advance payments that are found to be unduly paid.
Documents (PDFs)
REPORT on the proposal for a decision of the European Parliament and of the Council on 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 to provide for payment of advances in the 2016 budget
Mobilisation of the EU Solidarity Fund to provide for payment of advances in the 2016 budget
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