Considerations on COM(2018)498 - Amendment of Regulation (EU) No 1303/2013 as regards the resources for economic, social and territorial cohesion and correction of that Regulation

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dossier COM(2018)498 - Amendment of Regulation (EU) No 1303/2013 as regards the resources for economic, social and territorial cohesion and ...
document COM(2018)498 EN
date November 14, 2018
 
table>(1)Regulation (EU) No 1303/2013 of the European Parliament and of the Council (2) lays down the common and general rules applicable to the European Structural and Investment Funds.
(2)Regulation (EU) 2017/2305 of the European Parliament and of the Council (3) amended Regulation (EU) No 1303/2013, inter alia, as regards the resources allocated for economic, social and territorial cohesion.

(3)The general budget of the European Union for the financial year 2018 (4) amended the financial programming for the Youth Employment Initiative (‘YEI’) by increasing commitment appropriations for the specific allocation for the YEI by an amount of EUR 116,7 million in current prices and bringing the overall amount of commitment appropriations for the YEI for 2018 up to EUR 350 million in current prices.

(4)The amount of commitment appropriations for 2020 needs to be adjusted downwards accordingly to reflect the frontloading to 2018. Regulation (EU) No 1303/2013 should therefore be amended accordingly.

(5)When Article 92(1) of Regulation (EU) No 1303/2013 was amended by Regulation (EU) 2017/2305, certain financial data set in point (a) of Article 1(2) of Regulation (EU) 2017/2305 were wrong. That financial data should be replaced by correct data. Regulation (EU) No 1303/2013 should therefore be amended accordingly.

(6)Given the urgency of amending the programmes supporting the YEI, it is appropriate to provide for an exception to the eight week period referred to in Article 4 of Protocol No 1 on the role of national Parliaments in the European Union, annexed to the Treaty on European Union, to the Treaty on the Functioning of the European Union and to the Treaty establishing the European Atomic Energy Community.

(7)Given the urgency of amending the programmes supporting the YEI, this Regulation should enter into force on the day following that of its publication in the Official Journal of the European Union,