Considerations on COM(2013)636 - Amendment of Regulation (EU, EURATOM) No 966/2012 on the financial rules applicable to the general budget of the Union

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dossier COM(2013)636 - Amendment of Regulation (EU, EURATOM) No 966/2012 on the financial rules applicable to the general budget of the Union.
document COM(2013)636 EN
date September 17, 2013
 
(1)       Regulation (EU, EURATOM) No 966/2012 of the European Parliament and of the Council[4] was adopted on 25 October 2012 and was accompanied by a joint statement of the European Parliament, the Council and the Commission agreeing to revise the Financial Regulation in order to take into account the outcome of the negotiations on the multiannual financial framework for the years 2014-2020.

(2)       Following the political agreement on the multiannual financial framework for the years 2014-2020 and on the establishment of the Connecting Europe Facility, and in line with the joint statement, it is necessary to amend Regulation (EU, EURATOM) No 966/2012 to include the carry-over rules for the Emergency Aid Reserve and for projects financed under the Connecting Europe Facility.

(3)       As regards the Emergency Aid Reserve, the corresponding appropriations are entered in the reserve Title of the budget. Therefore, Regulation (EU, EURATOM) No 966/2012 needs to be amended in order to provide for the carry-over to year n+1 of the appropriations placed in reserve and not used in year n.

(4)       Due to their nature projects financed under the Connecting Europe Facility will in many cases require complex contracting procedures. Under those circumstances, even limited delays may result in a loss of annual commitment appropriations and undermine the viability of those projects and thus of the Union's political determination to modernise its transport, energy and telecommunications networks and infrastructure. To prevent this, Regulation (EU, EURATOM) No 966/2012 should allow for automatic carry-over to the following financial year of commitment appropriations not used at the end of a financial year for projects financed under the Connecting Europe Facility.