PURPOSE: to mobilise the Flexibility Instrument to provide the financing for the European Fund for Sustainable Development, in order to finance support for measures for managing the challenges of migration, refugee inflows and security threats.
NON-LEGISLATIVE ACT: Decision (EU) 2018/51 of the European Parliament and of the Council on the mobilisation of the Flexibility Instrument to provide the financing for the European Fund for Sustainable Development.
CONTENT: the European Parliament and the Council decided to mobilise the Flexibility Instrument to supplement the financing available in the general budget of the Union for the financial year 2017, beyond the ceiling of heading 4 (Global Europe) by an amount of EUR 275 000 000, to finance the European Fund for Sustainable Development.
This amount includes amounts which lapsed in the previous years of the European Union Solidarity Fund and of the European Globalisation Adjustment Fund and which are made available for the Flexibility Instrument in accordance with Regulation (EU, Euratom) No 1311/2013 laying down the multiannual financial framework for the years 2014-2020.
The payment appropriations corresponding to the mobilisation of the Flexibility Instrument should be for 2017 only.
As a reminder, the Flexibility Instrument is intended to allow the financing of clearly identified expenditure which could not be financed within the limits of the ceilings available for one or more other headings. The ceiling on the annual amount available for the Flexibility Instrument is EUR 600 000 000 (2011 prices).
ENTRY INTO FORCE: 25.10.2017.