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Adjustment of EU Own Resources Contributions

Summary

The European Parliament discusses allowing Member States to pay large adjustments to their EU budget contributions in installments due to statistical revisions.
10 23.12.2014
Other
budget
european union
public finance and budget policy

Key points

  • Adjustments are required for national contributions due to significant statistical revisions in GNI and VAT data.
  • Member States may be allowed to pay large budget adjustments in installments rather than a single lump sum.
  • The Commission is required to notify the European Parliament and Council of any decision regarding installment plans, including amounts and dates.
  • The Commission must provide reports to the European Parliament and Council regarding modifications to revenue.
Documents (PDFs)
REPORT on the proposal for a Council regulation amending Regulation (EC, Euratom) No 1150/2000 implementing Decision 2007/436/EC, Euratom on the system of the European Communities' own resources Union own resources – adjustment of Member States' national contributions *
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