Non-objection to rural development fund adjustments

Summary

The European Parliament agrees not to object to a regulation that transfers unused 2014 rural development funds to the 2015 and 2016 budgets.
10 20.05.2015
Other
economy
european union
public finance and budget policy
agriculture, forestry and fisheries

Key points

  • The European Parliament has decided not to object to a new regulation regarding rural development funds.
  • The regulation amends the breakdown of Union support for rural development for the period between 2014 and 2020.
  • Unused funds from the year 2014 will be transferred to the spending limits for 2015 and 2016.
  • This adjustment is necessary because several countries could not adopt their rural development programs by the end of 2014.
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