PURPOSE: to mobilise the Flexibility Instrument in order to finance part of the European Economic Recovery Plan as well as the decommissioning of the Kozloduy nuclear power plant in Bulgaria.
LEGISLATIVE ACT: Decision of the European Parliament and of the Council 2009/1007/EU of 17 December 2009 on the mobilisation of the Flexibility Instrument in accordance with point 27 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: in accordance with the budgetary conciliation meeting of 18 November 2009 between the two arms of the budgetary authority (see BUD 2009/2002), the European Parliament and the Council have decided to mobilise the Flexibility Instrument in 2010 for amount of EUR 195 million in commitment appropriations, beyond the ceiling of subheading 1a of the Financial Perspectives.
This amount shall be used to complement the financing of:
· EUR 120 million towards the financing of projects in the field of energy in the context of the European Economic Recovery Plan,
· EUR 75 million for the decommissioning of the Kozloduy nuclear power plant.