Considerations on COM(2013)696 - Financial contributions to be paid by Member States to finance the 3rd instalment for 2013 of the European Development Fund

Please note

This page contains a limited version of this dossier in the EU Monitor.

 
dossier COM(2013)696 - Financial contributions to be paid by Member States to finance the 3rd instalment for 2013 of the European Development Fund.
document COM(2013)696 EN
date October 10, 2013
 
(1) The Council has adopted on the 19th of November 2012, on a proposal made by the Commission, the decision to fix at EUR 3.100.000.000 the Commission's share and at 250.000.000 the EIB's share of the annual amount of the Member States contributions to the EDF for 2013.

(2) The Council has adopted on the 1st of July 2013, on a proposal made by the Commission, a modification to this decision and fixed at EUR 2.950.000.000 the Commission's share and at 250.000.000 the EIB's share of the annual amount of the Member States contributions to the EDF for 2013.

(3) Article 58(2) of the 10th EDF Financial Regulation provides that calls for contributions first use up the amounts provided for previous EDFs. Therefore a call for funds under the 9th EDF should be made for the EIB.

(4) The Council should decide at the latest 21 calendar days following the presentation by the Commission of its proposal and Member States should pay the third instalment of the contribution at the latest 21 calendar days following the date on which the Council decision is notified to them.