On 9 July 2014, the Commission submitted to the Council draft amending budget (DAB) No 4/2014 regarding a revision of the forecast of own resources, a revision of the forecast of other revenue from fines and interest and a modification of budget of the European Data Protection Supervisor (EDPS).
On 16 October 2014, the Commission presented a letter of amendment to DAB No 4/2014 covering the budgeting of additional fines and interest.
The main objective of DAB No 4/2014, as modified by its LA, is to revise the financing of the budget on the basis of recent economic forecasts adopted at the last meeting of the Advisory Committee on Own Resources, including the UK correction, and to budget fines and interest for a total amount of EUR 2 433 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 4/2014, as modified by its letter of amendment, is approved as proposed by the Commission, with the inclusion of the commitment appropriations from DAB No 6/2014 related to administrative support expenditure for the European Maritime and Fisheries Fund and the reserve for the Sustainable Fisheries Partnership Agreements in the Commission's section of the budget.
An amount of EUR 248 460 of available payment appropriations identified in DAB No 4/2014 for the EDPS is redeployed to Humanitarian Aid (budget line 23 02 01).
In conclusion, on 12 December 2014, the Council adopted its position on DAB No 4/2014 as set out in the technical annex to this explanatory memorandum (see ST 16741/2014 ADD 1).