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Brussels, 27 June 2013
Elements of the political agreement on the European Union's future budget 2014-2020
Global margin for payments
1. Every year, starting in 2015, as part of the technical adjustment referred to in Article 4, the Commission will adjust the payment ceiling for the years 2015-2020 upwards by an amount equivalent to the difference between the executed payments and the MFF payment ceiling of the year n-1.
2. The annual adjustments shall not exceed the following maximum amounts (in 2011 prices) for the years 2018-2020 as compared to the original payment ceiling of the relevant years:
2018: EUR 7 billion
2019: EUR 9 billion
2020: EUR 10 billion
3. Any upward adjustment shall be fully offset by a corresponding reduction of the payment ceiling for year n-1.
Specific flexibility to tackle youth unemployment and strengthen research
Up to EUR 2 543 million1 (in 2011 prices) may be frontloaded in 2014 and 2015, as part of the annual budgetary procedure, for specified policy objectives relating to youth employment, research, ERASMUS in particular for apprenticeships, and SMEs. These amounts shall be fully offset against appropriations within and/or between headings in order to leave unchanged the total annual ceilings for the period 2014-2020 and the total allocation per heading or sub-heading over the period.
Article 9g MFF Regulation
Global margin for growth and employment,
in particular youth employment
1. Margins left available below the MFF ceilings for commitment appropriations for the years 2014-2017 shall constitute a Global MFF margin for commitments, to be made available over and above the ceilings established in the Annex for the years 2016 to 2020 for policy objectives related to growth and employment, in particular youth employment.
2. Each year, as part of the technical adjustment provided for in Article 4, the Commission shall calculate the amount available. The Global margin or part thereof may be mobilised by the budgetary authority in the framework of the budgetary procedure pursuant to Article 314 TFEU.
Aid for the most deprived
In order to maintain the current level of funding for this programme, in addition to the EUR 2.5 billion already agreed, Member States may decide to increase their allocations by up to EUR 1 billion on a voluntary basis.
In the context of this agreement the Council commits to take a formal decision on the first tranche of DAB 2 no later than ECOFIN Council on 9 July 2013.
The Council commits to take all necessary additional steps to ensure that the Union's obligations for 2013 are fully honoured. On the basis of a proposal to be made by the Commission in early autumn on the basis of the latest updated estimates regarding payment appropriations, the Council commits to decide, without delay, on a further draft amending budget to avoid any shortfall in justified payment appropriations.
For more information see also:
SPEECH/13/583 Multiannual Financial Framework: political agreement reached - Statement by President Barroso following his meeting with the President of the European Parliament, Martin Schulz, and Taoiseach Enda Kenny for the Irish Presidency of the Council
Nota: The Institutions agree to use this amount as follows: 2143 million for Youth Employment, 200 million for Horizon 2020, 150 million for Erasmus and 50 million for COSME.