PURPOSE: presentation of the Draft Amending Budget (DAB) No 5 for the year 2014.
LEGISLATIVE ACT: Definitive adoption (EU, Euratom) 2015/369 of Amending budget No 5 of the European Union for the financial year 2014.
CONTENT: the European Parliament definitively adopted amending budget No 5 of the European Union for the financial year 2014 in accordance with its resolution of 17 December 2014 (please see the summary of the resolution).
Amending budget (AB) No 5 for the year 2014 relates to the following:
· the revision of the forecast of traditional own resources,
· VAT and GNI contributions,
· a reduction in the budgetary appropriations for the European Maritime and Fisheries Fund,
· the reserve for Sustainable Fisheries Partnership Agreements,
· an increase in the budgetary appropriations for the European Ombudsman
The overall impact of this DAB on revenue, is a decrease in the requirements for own resources of an overall amount of EUR 4 095 463 000.
This amending budget enters the adjustments to the budget in the 2014 budget.