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Under the Recovery and Resilience Facility (RRF), the EU response to the crisis triggered by the pandemic, Bulgaria was initially allocated €6 267.3 million in grants. In line with the RRF Regulation, on 30 June 2022, the European Commission recalculated the maximum grant amounts for all Member States; this resulted in a just over 9 % cut for Bulgaria, lowering the total to €5 688.8 million. To take this into account, as well as factor in the impact of inflation, Bulgaria submitted a modified national ...

In June 2023, the European Commission adopted an amended proposal for a Council decision on the introduction of new own resources, following its December 2021 proposal. The amended proposal is in line with the roadmap included in the Interinstitutional Agreement on Own Resources, part of the 2021-2027 multiannual financial framework and the Next Generation EU package. Parliament is due to vote on the Committee on Budgets report during its November I plenary session, after which the Council can adopt ...

On 22 December 2021, the European Commission announced its proposal for the introduction of new own resources. The underlying objective is to decrease the share of own resources based on gross national income (GNI) in the revenue mix while preserving existing long-term EU policy commitments. The initiative also seeks to secure the necessary resources to cover new budgetary expenditures, such as the repayments of the debt arising from the Next Generation EU recovery fund and the recently adopted Social ...

The tentative agenda for the forthcoming European Commission meeting of 20 June 2023 includes a proposal on a second basket of new own resources, with the title 'An adjusted package for the next generation of own resources'. The proposal would be adopted together with the revision of the 2021-2027 multiannual financial framework (MFF). In the roadmap for new own resources annexed to the interinstitutional agreement (IIA) of 16 December 2020, the decision on the second basket was initially envisaged ...

A debate and vote on the Committee on Budgetary Control (CONT) report on the 2021 annual report on the protection of the EU's financial interests (PIF report), prepared by the European Commission, are scheduled for the January I plenary session. The PIF report details measures taken at European and national level to counter fraud affecting the EU budget. The number of cases of fraud and irregularities remained stable in 2021 compared to 2020, but the sums involved increased to €3.24 billion, due ...

System of own resources of the EU

Rövid áttekintés 16-11-2022

The European Commission adopted a proposal for a Council decision on the introduction of new own resources in December 2021. It relates to the interinstitutional agreement on own resources linked to the 2021 2027 MFF and the Next Generation EU (NGEU) package that were introduced in response to the pandemic. Proceeds from additional own resources would help repay the NGEU debt. Parliament is due to vote on the report by the Committee on Budgets during its November II plenary session. This is an important ...

In May 2022, the European Parliament postponed its discharge decision on the European Border and Coast Guard Agency (Frontex) for the financial year 2020. In its second report, Parliament's Budgetary Control Committee (CONT) is once again recommending Parliament refuses to grant discharge to Frontex, reiterating its demand that the Agency present a detailed road map showing how it intends to address the outstanding concerns.

Draft amending budget No 4/2022 (DAB 4/2022) to the EU's 2022 general budget aims to update the revenue side, taking into account the updated own resources forecast and other revenues, such as the United Kingdom (UK) contribution and fines. DAB 4/2022 also includes two expenditure-related adjustments: budgetary nomenclature allowing resources to be transferred to the REPowerEU chapter of the Recovery and Resilience Facility (RRF); and additional staff requested for Eurojust. The European Parliament ...

During the May I plenary session, as part of the discharge procedure for the 2020 financial year, the European Parliament is due to vote on discharge for each of 32 EU decentralised agencies and nine joint undertakings. The Committee on Budgetary Control (CONT) proposes that Parliament grant discharge to all except the European Border and Coast Guard Agency, for which it proposes to postpone the discharge decision.

Spending the EU budget efficiently and transparently is key to ensuring the sound implementation of EU policies and citizen support for the Union. However, the fragmentation of reporting systems used across the EU hampers the scrutiny of how spending is done. To address this situation, the European Parliament's Budgetary Control (CONT) Committee has drafted a legislative-initiative report asking the Commission to submit, before the end of 2021, the legislative proposals needed for the introduction ...