Adaptation of the financial framework to the conditions of implementation and technical adjustment for 2009 in line with movements in GNI

PURPOSE: to amend the Interinstitutional Agreement of 17 May 2006 on budgetary discipline and sound financial management as regards the adjustment of the multiannual financial framework 2007-2013.

LEGISLATIVE ACT: Decision 2008/371/EC of the European Parliament and of the Council amending the Interinstitutional Agreement of 17 May 2006 on budgetary discipline and sound financial management as regard adjustment of the multiannual financial framework.

CONTENT: as a result of delays in the adoption of certain operational programmes of headings 1b and 2, EUR 2 034 million in current prices of the allocation provided for the Structural Funds, the Cohesion Fund, Rural Development and the European Fund for Fisheries could not be committed in 2007 nor carried over to 2008. Consequently, the European Parliament and the Council amend point 48 of the Interinstitutional Agreement (IIA) in order to transfer the abovementioned amount to subsequent financial years by increasing the corresponding expenditure ceilings for commitment appropriations.

Annex I of the IIA is therefore amended accordingly.