Regulation 2018/1719 - Amendment of Regulation (EU) No 1303/2013 as regards the resources for economic, social and territorial cohesion and the resources for the Investment for growth and jobs goal - Main contents
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official title
Regulation (EU) 2018/1719 of the European Parliament and of the Council of 14 November 2018 amending Regulation (EU) No 1303/2013 as regards the resources for economic, social and territorial cohesion and the resources for the Investment for growth and jobs goal| Legal instrument | Regulation |
|---|---|
| Number legal act | Regulation 2018/1719 |
| Original proposal | COM(2018)498  |
| CELEX number i | 32018R1719 |
| Document | 14-11-2018; Date of signature |
|---|---|
| Publication in Official Journal | 16-11-2018; OJ L 291 p. 5-7 |
| Signature | 14-11-2018 |
| Effect | 17-11-2018; Entry into force Date pub. +1 See Art 2 |
| End of validity | 31-12-9999 |
16.11.2018 |
EN |
Official Journal of the European Union |
L 291/5 |
REGULATION (EU) 2018/1719 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
of 14 November 2018
amending Regulation (EU) No 1303/2013 as regards the resources for economic, social and territorial cohesion and the resources for the Investment for growth and jobs goal
THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on the Functioning of the European Union, and in particular Article 177 thereof,
Having regard to the proposal from the European Commission,
After transmission of the draft legislative act to the national parliaments,
After consulting the European Economic and Social Committee,
After consulting the Committee of the Regions,
Acting in accordance with the ordinary legislative procedure (1),
Whereas:
(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, |
HAVE ADOPTED THIS REGULATION:
Article 1
Regulation (EU) No 1303/2013 is amended as follows:
(1) |
in Article 91, paragraph 1 is replaced by the following: ‘1. The resources for economic, social and territorial cohesion available for budgetary commitment for the period 2014-2020 shall be EUR 329 982 345 366 in 2011 prices, in accordance with the annual breakdown set out in Annex VI, of which EUR 325 938 694 233 represents the global resources allocated to the ERDF, the ESF and the Cohesion Fund and EUR 4 043 651 133 represents a specific allocation for the YEI. For the purposes of programming and subsequent inclusion in the budget of the Union, the amount of resources for economic, social and territorial cohesion shall be indexed at 2 % per year.’; |
(2) |
Article 92 is amended as follows:
|
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