PURPOSE: to mobilise the Flexibility Instrument to complement the financing in the general budget of the European Union for the financial year 2012.
BACKGROUND: Decision of the European Parliament and of the Council.
CONTENT: the Interinstitutional Agreement of 17 May 2006 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.
In accordance with point 27 of the Interinstitutional Agreement, and after having examined all possibilities for re-allocating appropriations under heading 4, the Commission proposes to mobilise the Flexibility Instrument for the financing of the European Neighbourhood Policy, for an amount of EUR 153.3 million beyond the ceiling of heading 4.
It is recalled that 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 General Budget for the year 2012.