PURPOSE: to mobilise the Flexibility Instrument to complement the financing in the 2011 budget.
PROPOSED ACT: Decision of the European Parliament and of the Council.
BACKGROUND: after having examined all possibilities for re-allocating appropriations under heading 1a and heading 4, at the conciliation meeting on 11 November 2010, the two arms of the budgetary authority agreed to mobilise the Flexibility Instrument to complement the financing in the 2011 budget.
CONTENT: the Interinstitutional Agreement of 17 May 2006 (IIA)allows for the mobilisation of the Flexibility Instrument to allow the financing of clearly identified expenditure which could not be financed within the limits of the ceilings available for one or more headings of the multiannual financial framework.
For budget 2011, additional expenditure, beyond the ceilings of heading 1a and 4 is required.
It is therefore proposed to mobilise the Flexibility Instrument in accordance with point 27 of the Interinsitutional Agreement.
The amounts to be mobilised are as follows:
The two arms of the budgetary authority are reminded that the publication of the Decision in the Official Journal of the European Union shall not intervene later than the publication for
the 2011 budget.