PURPOSE: definitive adoption of amending budget No 1 of the European Union for the financial year 2012.

LEGISLATIVE ACT: 2012/360/EU, Euratom.

CONTENT : the European Parliament definitively adopted amending budget No 1 of the European Union for the financial year 2012 in accordance with its resolution of 20 April

2012 (please see the summary of the resolution).

This amending budget aims to insert into the budget for 2012 an amount of EUR 650 million in commitment appropriations in Item 08 20 02 Euratom - European Joint Undertaking for ITER - Fusion for Energy (F4E) . It is in accordance with the agreement made with Council in December 2011 to finance the additional costs of EUR 1.3 billion for the ITER project in 2012-2013.

The European Parliament adopted by 403 votes to 61, with 13 abstentions, a legislative resolution approving, without amendment, the Council position on Draft amending budget No 1/2012.

Parliament recalls that the purpose of the Draft amending budget is to incorporate in the 2012 budget the amount of EUR 650 million in commitment appropriations into Article 08 20 02 Euratom – European Joint Undertaking for ITER – Fusion for Energy (F4E).

It notes that this budgetary adjustment is fully in line with the agreement reached between Parliament and the Council in December 2011 in order to accommodate the EUR 1 300 million additional cost of the ITER project in 2012-2013.

The Committee on Budgets adopted the report drafted by Francesca BALZANI (S&D, IT) on the Council position on Draft amending budget No 1/2012 of the European Union for the financial year 2012, Section III – Commission.

Members recall that the purpose of Draft amending budget No 1/2012 is to incorporate in the 2012 budget the amount of EUR 650 million in commitment appropriations into Article 08 20 02 Euratom – European Joint Undertaking for ITER – Fusion for Energy (F4E). They state that this budgetary adjustment is fully in line with the agreement reached between the European Parliament and the Council in December 2011 in order to accommodate the EUR 1 300 million additional cost of the ITER project in 2012-2013.

In this regard, the committee calls on the European Parliament to approve, without amendment, the Council position on Draft amending budget No 1/2012.

On 27 January 2012, the Commission forwarded to the Council draft amending budget (DAB) No 1 to the general budget for 2012, regarding the financing of ITER. It proposes to incorporate EUR 650 million in commitment appropriations from the margin of sub-heading 1a into Article 08 20 02 (Euratom - European Joint Undertaking for ITER - Fusion for Energy) in accordance with the agreement reached between the European Parliament and the Council in December 2011.

The Council reached an agreement on both Commission proposals and on 26 March 2012. The Council adopted its position on draft amending budget No 1 of the European Union for the financial year 2012 as set out in the technical annex to the explanatory memorandum of the Council position (see Council doc. 8136/12 ADD 1 ).

On 27 January 2012, the Commission forwarded to the Council draft amending budget (DAB) No 1 to the general budget for 2012, regarding the financing of ITER. It proposes to incorporate EUR 650 million in commitment appropriations from the margin of sub-heading 1a into Article 08 20 02 (Euratom - European Joint Undertaking for ITER - Fusion for Energy) in accordance with the agreement reached between the European Parliament and the Council in December 2011.

The Council reached an agreement on both Commission proposals and on 26 March 2012. The Council adopted its position on draft amending budget No 1 of the European Union for the financial year 2012 as set out in the technical annex to the explanatory memorandum of the Council position (see Council doc. 8136/12 ADD 1 ).

PURPOSE: to present the Draft Amending Budget (DAB) No 1 for the year 2012 concerning the financing of ITER.

CONTENT: Draft Amending Budget (DAB) No 1 for the year 2012 concerns the financing of ITER, and incorporates into the 2012 Budget, the amount of EUR 650 million in commitment appropriations , onto budget article 08 20 02 Euratom – European Joint Undertaking for ITER – Fusion for Energy (F4E), in accordance with the agreement reached between the European Parliament and the Council in December 2011.

To recall, on 1 December 2011, agreement was reached in trilogue on the financing of the EUR 1 300 million additional cost of the ITER project in 2012-2013 as follows:

EUR 100 million already included in the 2012 budget on the ITER budget lines; EUR 360 million in commitment appropriations will be made available in the 2013 budget procedure within the MFF commitment appropriations ceilings making full use of the provisions laid down in the Financial Regulation and in the IIA of 17 May 2006, excluding any further ITER related revision of the MFF; The ceilings for commitment appropriations of Heading 1a for the years 2012 and 2013 will be increased by an amount of EUR 840 million, of which EUR 650 million in 2012 and EUR 190 million in 2013. This increase will be offset by a corresponding decrease of the ceilings for commitment appropriations of Heading 2 (EUR 450 million for the year 2011) and Heading 5 (EUR 243 million for the year 2011 and EUR 147 million for the year 2012); The 2013 ceiling for total payment appropriations will be increased by EUR 580 million offset by a corresponding decrease in the 2011 ceiling.

This political agreement was subsequently adopted by the European Parliament and the Council in December 2011, by a decision of 13 December 20112, according to their respective internal procedures.

Now that the ceiling of Heading 1a has been increased for 2012, it is possible to enter the relevant commitment appropriations of EUR 650 million onto the budget article 08 20 02 Euratom – European Joint Undertaking for ITER – Fusion for Energy (F4E) .

This is the aim of this draft amending budget 1/2012.