Considerations on COM(2017)540 - Mobilisation of the EU Solidarity Fund to provide assistance to Italy - Main contents
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| dossier | COM(2017)540 - Mobilisation of the EU Solidarity Fund to provide assistance to Italy. |
|---|---|
| document | COM(2017)540  |
| date | September 13, 2017 |
| (2) | The Fund is not to exceed a maximum annual amount of EUR 500 000 000 (2011 prices), as laid down in Article 10(1) of Council Regulation (EU, Euratom) No 1311/2013 (3). The entire 2016 allocation remained unspent, was carried over to the following year, in accordance with Article 10(1) of Regulation (EU, Euratom) No 1311/2013 and was partially used in April 2017. The 2017 allocation was not yet drawn on. |
| (3) | On 16 November 2016, Italy submitted an application to mobilise the Fund, following an earthquake that affected the regions of Abruzzo, Lazio, Marche and Umbria on 24 August 2016. Additional earthquakes struck the previously hit areas and significantly increased the level of previously reported damage. Italy then submitted its final application on 15 February 2017 with revised estimates including all damage caused between 24 August 2016 and 18 January 2017. |
| (4) | The application by Italy meets the conditions for providing a financial contribution from the Fund, as laid down in Article 4 of Regulation (EC) No 2012/2002. |
| (5) | The Fund should therefore be mobilised in order to provide a financial contribution to Italy. |
| (6) | Since the amount that may be mobilised for 2017 is not sufficient to cover the full contribution, the difference should exceptionally be financed through the annual amount available for 2018 as provided for in Article 10(2) of Regulation (EU, Euratom) No 1311/2013. |
| (7) | In order to minimise the time taken to mobilise the Fund, this Decision should apply from the date of its adoption, |