1 Amendments of Ingeborg GRÄSSLE related to 2009/2123(DEC)
Amendment 1 #
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Notes that the Authority’s accounts for the financial year 2008 show income from interest in the amount of EUR 485 651.33; concludes from the annual closure of accounts and the amount of interest payments that the Authority maintains enormously high cash reserves over long periods; notes that as of 31 December 2008 the Authority’s cash reserves amounted to EUR 19 990 492.26; calls on the Commission to examine ways of ensuring that the principle of needs-based cash management, as laid down in Article 15(5) of Regulation (EC, Euratom) No 2343/2002, is implemented to the full and what changes in approach are needed to ensure that the Authority’s cash reserves are kept as low as possible on a long-term basis;