Progress: Procedure completed
Role | Committee | Rapporteur | Shadows |
---|---|---|---|
Lead | AFCO | LEINEN Jo ( PSE) | |
Committee Opinion | BUDG |
Lead committee dossier:
Legal Basis:
RoP 148
Legal Basis:
RoP 148Subjects
Events
PURPOSE: to amend Interinstitutional Agreement of 17 May 2006 between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management in order to increase the amount provided under in this Agreement as regards the Emergency Aid Reserve.
ACT: Amendment of the Interinstitutional Agreement of 17 May 2006 between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management.
CONTENT: this amendment to the Institutional Agreement provides that the annual amount of the Emergency Aid Reserve shall be increased to EUR 479.218 million (in current prices), uniquely and exceptionally for the year 2008.
The increase is due to the fact that the recent developments in food and commodity prices have raised concerns especially as regards their impact for developing countries. The Commission had proposed the creation of a new facility for rapid response to soaring food prices in developing countries and the two arms of budgetary authority, at the conciliation meeting of 21 November 2008, agreed to provide part of the financing for this facility from the Emergency Aid Reserve. However, the remaining amount of the Emergency Aid Reserve for the year 2008 was insufficient to cover the needs of the food facility. Accordingly, an increase was necessary in order to enable the Reserve to contribute to the food facility financing. Previously, the annual amount of the Emergency Aid Reserve was fixed at EUR 221 million in constant prices for the duration of the financial framework.
It should be noted that this modification has been directly integrated into the 2008 budget (see BUD/2007/2019 ).
The European Parliament adopted, by 516 votes to 17 with 8 abstentions, a resolution approving the draft amendment of the Interinstitutional Agreement of 17 May 2006 ( IIA ) between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management approving the amendment of the Interinstitutional Agreement as agreed upon at the conciliation meeting of 21 November 2008 (refer to the summary of the amended draft budget BUD/2008/2026 ).
The report had been tabled for consideration in plenary by Jo LEINEN (PES, DE) on behalf of the Committee on Constitutional Affairs.
The amendment aims to include a sentence in the IIA stipulating that the amount of the Emergency Aid Reserve shall be exceptionally increased to EUR 479.218 million for the year 2008 in current prices. This amount will cover the needs of the new Food Facility for rapid response to soaring prices in developing countries.
The Committee on Constitutional Affairs adopted, according to the simplified procedure (Rule 43(1) of the Rules of Procedure), the report drafted by Jo LEINEN (PES, DE) on a draft amendment of the Interinstitutional Agreement of 17 May 2006 ( IIA ) between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management approving the amendment of the Interinstitutional Agreement as agreed upon at the conciliation meeting of 21 November 2008 (refer to the summary of the amended draft budget BUD/2008/2026 ).
The amendment aims to include a sentence in the IIA stipulating that the amount of the Emergency Aid Reserve shall be exceptionally increased to EUR 479.218 million for the year 2008 in current prices. This amount will cover the needs of the new Food Facility for rapid response to soaring prices in developing countries.
PURPOSE: to amend Interinstitutional Agreement of 17 May 2006 between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management in order to increase the amount provided under in this Agreement as regards the Emergency Aid Reserve.
PROPOSED ACT: Interinstitutional Agreement.
CONTENT: the recent developments in food and commodity prices have raised concerns especially as regards their impact for developing countries. The Commission proposed to create a new facility for rapid response to soaring food prices in developing countries ( COD/2008/0149 ).
Having examined the scope for reallocating expenditure within Heading 4 as well as the possible use of all other available instruments (the Instrument for Stability, the Flexibility instrument), the Emergency Aid Reserve was identified as one of the suitable instruments for financing the facility.
Since the remaining amount of the Emergency Aid Reserve for the year 2008 is insufficient to cover the needs of the food facility, an increase is necessary in order to enable the Reserve to contribute to the food facility financing.
The annual amount of the Emergency Aid Reserve is fixed at EUR 221 million in constant prices for the duration of the financial framework.
The Council and the European Parliament agreed that it shall be increased to EUR 479.218 million (in current prices), uniquely and exceptionally for the year 2008.
Therefore, the Interinstitutional Agreement setting the annual amount of the Emergency Aid Reserve shall be amended accordingly.
PURPOSE: to amend Interinstitutional Agreement of 17 May 2006 between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management in order to increase the amount provided under in this Agreement as regards the Emergency Aid Reserve.
PROPOSED ACT: Interinstitutional Agreement.
CONTENT: the recent developments in food and commodity prices have raised concerns especially as regards their impact for developing countries. The Commission proposed to create a new facility for rapid response to soaring food prices in developing countries ( COD/2008/0149 ).
Having examined the scope for reallocating expenditure within Heading 4 as well as the possible use of all other available instruments (the Instrument for Stability, the Flexibility instrument), the Emergency Aid Reserve was identified as one of the suitable instruments for financing the facility.
Since the remaining amount of the Emergency Aid Reserve for the year 2008 is insufficient to cover the needs of the food facility, an increase is necessary in order to enable the Reserve to contribute to the food facility financing.
The annual amount of the Emergency Aid Reserve is fixed at EUR 221 million in constant prices for the duration of the financial framework.
The Council and the European Parliament agreed that it shall be increased to EUR 479.218 million (in current prices), uniquely and exceptionally for the year 2008.
Therefore, the Interinstitutional Agreement setting the annual amount of the Emergency Aid Reserve shall be amended accordingly.
Documents
- Results of vote in Parliament: Results of vote in Parliament
- Decision by Parliament: T6-0617/2008
- Committee report tabled for plenary, single reading: A6-0509/2008
- Committee report tabled for plenary: A6-0509/2008
- Non-legislative basic document: COM(2008)0834
- Non-legislative basic document: EUR-Lex
- Non-legislative basic document published: COM(2008)0834
- Non-legislative basic document published: EUR-Lex
- Non-legislative basic document: COM(2008)0834 EUR-Lex
- Committee report tabled for plenary, single reading: A6-0509/2008
Votes
Rapport Leinen A6-0509/2008 - résolution #
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