Details
- Publication date
- 1 December 2016
- Related department
- Directorate-General for Budget
Description
Commission's proposal: COM(2016) 624 – 30 September 2016
Council's position: 28 November 2016
Parliament's position: 1 December 2016
After having examined all other financial possibilities to react to unforeseen circumstances within the 2016 commitment ceiling for heading 3 (Security and citizenship) of the multiannual financial framework, and after having mobilised the Flexibility Instrument for the full amount of EUR 1 530 million available in 2016, it appears necessary to mobilise the Contingency Margin to address the needs stemming from the migration, refugee and security crisis, by increasing the commitment appropriations in the general budget of the European Union for the financial year 2016, above the commitment ceiling of heading 3.
For the general budget of the Union for the financial year 2016, the Contingency Margin shall be mobilised to provide the amount of EUR 240,1 million in commitment appropriations over and above the commitment ceiling of heading 3 of the multiannual financial framework. The amount of EUR 240,1 million in commitment appropriations shall be fully offset against the margin under the commitment ceiling of heading 5 (Administration) of the multiannual financial framework for the financial year 2016.