1755 as regards the changes to the amounts of funds for certain programmes and funds - Main contents

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dossier	COM(2024)100 - Amendment of Regulations (EU) 2021/522, (EU) 2021/1057, (EU) 2021/1060, (EU) 2021/1139, (EU) 2021/1229, and (EU) 2021/1755 ...
document	COM(2024)100
date	February 29, 2024

(1) Since the adoption of Regulations (EU) 2021/522 ³, (EU) 2021/1057 ⁴, (EU) 2021/1060 ⁵, (EU) 2021/1139 ⁶, (EU) 2021/1229 ⁷ and (EU) 2021/1755 ⁸ of the European Parliament and of the Council, unprecedented geopolitical events have occurred, triggered by Russia’s illegal war of aggression against Ukraine, the ensuing energy crisis and the related spike in inflation and interest rates. These geopolitical and economic developments have brought new emergencies which should be addressed to deliver on the Union’s shared priorities and needs. Taking into account the near exhaustion of the limited budgetary flexibilities and the limits reached by redeployment possibilities, the Multiannual Financial Framework (MFF) had to be reinforced for the period 2024-2027 to provide for the funding that is the most essentially needed to respond to urgent and common challenges.

(2) Following the Commission proposal for a targeted revision of the 2021-2027 MFF ⁹, Council Regulation (EU, Euratom) 2020/2093 ¹⁰ was amended by Council Regulation 224/765 on 29 February 2024 ¹¹.

(3) To give effect to the revision of the MFF, certain sector-specific regulations should be amended, in addition to Regulation (EU, Euratom) 2020/2093.

(4) The additional allocation to the EU4Health programme under Regulation (EU) 2021/522 resulting from the programme-specific adjustment provided for in Article 5 of Regulation (EU, Euratom) 2020/2093 should be reduced.

(5) The initial allocation for the Transnational Cooperation part of the European Social Fund Plus (ESF+) provided for in Regulation (EU) 2021/1057 should be reduced.

(6) The allocation for the European Urban Initiative, Interregional Innovation Investments and for the Transnational Cooperation part of the ESF+, as provided for in Regulation (EU) 2021/1060, should be reduced and the ceiling for technical assistance should be adjusted accordingly.

(7) The financial envelope for direct and indirect management under Regulation (EU) 2021/1139 should be reduced.

(8) The total amount of the grant component of the Public Sector Loan Facility to be financed from the Union budget for the 2021-2027 MFF period in accordance with Regulation (EU, Euratom) 2020/2093 should be reduced.

(9) The maximum resources of the Brexit Adjustment Reserve as provided for in Regulation (EU) 2021/1755 should be reduced.

(10) Overall financial envelopes set out in Regulations (EU) 2021/1057, (EU) 2021/1060 and (EU) 2021/1139 should be read in light of the reductions effected by this Regulation to parts of these programmes.

(11) Regulations (EU) 2021/522, (EU) 2021/1057, (EU) 2021/1060, (EU) 2021/1139, (EU) 2021/1229 and (EU) 2021/1755 should therefore be amended accordingly.

(12) In view of the urgent need to provide the Union with appropriate funding, it is considered to be appropriate to invoke the exception to the eight-week period provided for in Article 4 of Protocol No 1 on the role of national Parliaments in the Union, annexed to the Treaty on European Union, to the Treaty on the Functioning of the European Union and the Treaty establishing the European Atomic Energy Community.

(13) Given the urgency of providing the Union with appropriate funding, this Regulation should enter into force on the day following that of its publication in the Official Journal of the European Union,