somes

Mobilisation of the 2017 Contingency Margin

Summary

This proposal adjusts how the contingency margin mobilised in 2017 is offset against other budget headings to increase financial flexibility in 2018.
10 06.01.2018
Other
finance
european union
public finance and budget policy

Key points

  • Mobilisation of approximately 1.9 billion euros from the contingency margin in 2017.
  • Adjustment of the offsetting mechanism to increase budget flexibility for 2018.
  • Reduction of the amount offset against administration costs in 2018 by 252 million euros.
  • Implementation of a corresponding offset against administration costs in 2020.
Documents (PDFs)
REPORT on the proposal for a decision of the European Parliament and of the Council amending Decision EU 2017/344 of the European Parliament and of the Council of 14 December 2016 on the mobilisation of the Contingency Margin in 2017 Mobilisation of the Contingency Margin in 2017
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