Legal provisions of COM(2020)206 - Amendment of Regulation (EU) No 1303/2013 as regards the resources for the specific allocation for the Youth Employment Initiative

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dossier COM(2020)206 - Amendment of Regulation (EU) No 1303/2013 as regards the resources for the specific allocation for the Youth Employment ...
document COM(2020)206 EN
date July 15, 2020

Contents

Article 1

Regulation (EU) No 1303/2013 is amended as follows:

(1)in Article 91, paragraph 1 is replaced by the following:

‘1.   The resources for economic, social and territorial cohesion available for budgetary commitment for the period 2014–2020 shall be EUR 330 105 627 309 in 2011 prices, in accordance with the annual breakdown set out in Annex VI, of which EUR 325 938 694 233 represents the global resources allocated to the ERDF, the ESF and the Cohesion Fund, and EUR 4 166 933 076 represents a specific allocation for the YEI. For the purposes of programming and subsequent inclusion in the budget of the Union, the amount of resources for economic, social and territorial cohesion shall be indexed at 2 % per year.’;

(2)in Article 92, paragraph 5 is replaced by the following:

‘5.   Resources for the YEI shall amount to EUR 4 166 933 076, of which EUR 23,7 million constitutes the additional resources for 2020. Those resources shall be complemented by ESF targeted investment in accordance with Article 22 of the ESF Regulation.

Member States that benefit from the additional resources for the specific allocation for the YEI may request the transfer of up to 50 % of these additional resources to the ESF in order to constitute the corresponding ESF targeted investment as required by Article 22(1) of the ESF Regulation. Such a transfer shall be made to the respective categories of region corresponding to the categorisation of the regions eligible for the increase of the specific allocation for the YEI. Member States shall request the transfer in the request for amendment of the programme in accordance with Article 30(1) of this Regulation. Resources allocated to past years may not be transferred.

The second subparagraph of this paragraph shall apply to any additional resources for specific allocation for the YEI allocated in 2019 and 2020.’;

(3)Annex VI is replaced by the text set out in the Annex to this Regulation.

Article 2

This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.