Amending budget No 6/2017

Commission's proposal: Draft Amending Budget 6/2017, COM(2017) 597 - 9 October 2017
Council's position: 30 November 2017
Parliament's position: 30 November 2017

The purpose of Amending Budget (AB) No 6 for the year 2017 is to update both the expenditure and the revenue sides of the budget to take account of the latest developments:

• on the expenditure side,
  • after taking into account the redeployments proposed in the so-called "global transfer" (DEC 20/2017), to decrease the level of payment appropriations of budget lines mainly for headings 1b 'Economic, social and territorial cohesion', 2 'Sustainable growth – natural resources', 3 'Security and Citizenship' as well as for 4 'Global Europe';
  • to release commitment appropriations of budget lines for heading 2 'Sustainable growth – natural resources';
  • to release commitment and payment appropriations relating to the payment of advances for the European Union Solidarity Fund (EUSF) which will no longer be needed in 2017;
• on the revenue side,
  • to revise the forecast of Traditional Own Resources (i.e. customs duties and sugar sector levies), value-added tax (VAT) and gross national income (GNI) bases, and to budget the relevant UK corrections and their financing, which all affect the distribution of own resources contributions from Member States to the EU budget;
  • to enter into the EU budget the fines decided by the Commission, for which all legal remedies were exhausted and which therefore became definitive in the course of 2017, reducing accordingly the own resources contributions from Member States to the EU budget.