On 17 October 2014, the Commission submitted to the Council draft amending budget (DAB) No 6/2014 regarding inter alia a revision of VAT and GNI balances for the year 2014, a revision of the forecast of traditional own resources (TOR) and some redeployments on the expenditure side of the budget.
On 3 December 2014, the Commission presented a letter of amendment to DAB No 6/2014 adjusting the amounts of the VAT and GNI balances following an amendment to Regulation (EC, Euratom) No 1150/2000.
The main objective of DAB No 6/2014, as modified by its letter of amendment, is to compensate the additional amounts to be made available by Member States because of the major revisions made to their GNI data for previous years. The total amount of the adjustment to the VAT and GNI balances is EUR 4 095 463 000.
DAB No 6/2014 also proposes the budgeting of additional traditional own resources for an amount of EUR 420 million.
Draft budget: at the trilogue on 8 December 2014, the European Parliament and the Council reached an agreement on a draft package, comprising the new draft budget for 2015 and the outstanding DABs relating to 2014.
According to that agreement, DAB No 6/2014 as modified by its letter of amendment, is approved as proposed by the Commission as regards own resources.
In conclusion, on 12 December 2014, the Council adopted its position on DAB No 6/2014 as set out in the technical annex to this explanatory memorandum (see ST 16743/2014 ADD 1).