We use cookies to ensure we give you the best browsing experience on our website. Find out more on how we use cookies and how you can change your settings.

EU amending budgets for 2015

Budget amendments serve to adjust the EU budget to new developments in the course of the year.

Adjustments may be necessary on the expenditure side of the annual budget to cover, for example, new needs arising from natural disasters in member states. Adjustment may also be necessary to reduce the appropriations and thus take account of budgetary implementation that is lower than expected.

Adjustments may also be made on the revenue side of the budget, for instance to incorporate the budget surplus of the previous year or to update the forecast revenue to be collected from the different types of revenue.

These adjustments are known as 'draft amending budgets' and are adopted by the Council of the EU and the European Parliament on a proposal by the Commission. 

European fund for strategic investments

The European fund for strategic investments at a glance

The draft amending budgets for 2015

Draft amending budget No.1 

The aim of the amendment is to re-allocate €1.36 billion in commitments and €10 million in payments within the 2015 budget.

These resources will be used to set up the €8 billion guarantee fund for the European fund for strategic investments, which is currently being created under the 'Investment plan for Europe' initiative, commonly known as 'the Juncker plan'.

The presidency of the Council and the representatives of the European Parliament reached a provisional agreement on the European fund for strategic investments (EFSI) on 28 May 2015. This provisional agreement includes draft amending budget No.1. The Council adopted the EFSI regulation on 25 June, and accepted the draft amending budget No.1 on 26 June 2015.

Draft amending budget No.2 

Draft amending budget No 2 for 2015 incorporates into the 2015 EU budget commitment appropriations of €16.5 billion that remained unused in 2014. It was needed to preserve commitments necessary to support a number of EU programmes which could not be adopted in 2014.

The Council accepted draft amending budget No.2 for 2015 as proposed by the Commission on 21 April 2015. The European Parliament approved the Council's position on 28 April 2015, which means that the draft amending budget is adopted.

Draft amending budget No.3 

This amendment seeks to incorporate the budget surplus of 2014 - €1.43 billion - into the revenue side of the EU budget for 2015.

The Council accepted this draft amending budget and adopted its position on 19 June 2015.

Draft amending budget No.4

This draft amending budget is aimed at mobilising €66.5 million in commitments and payments from the EU solidarity fund in order to deal with the damage caused by floods in Italy (€56 million), Romania (€8.5 million) and Bulgaria (€1.98 million).

The Council  adopted its position on this draft amending budget on 19 June 2015.

Draft amending budget No.5

The aim of the draft amending budget is to reinforce the EU resources dedicated to responding to migratory pressures by the total amounts of €89 million in commitments and €76.6 million in payments. The amendment was proposed following the recent developments in the Southern Mediterranean. It provides for additional appropriations for a number of funds and agencies, such as FRONTEX, the Asylum, Migration and Integration Fund and the Internal Security Fund.

Given the fact that some of the funds for this reinforcement would be redeployed from other EU programmes, the draft amending budget No.5 would result in a total net budgetary increase of €75.8 million in commitments; however, there will be no net increase in payments.

The Council adopted its position on this draft amending budget on 19 June 2015.

Draft amending budget No.6

Draft amending budget No. 6 covers: 

  • a revision of the forecast of own resources (traditional own resources, VAT and GNI-based own resources) and the budgeting of the UK corrections and its financing (this results in a change in the distribution between member states of their own resources contributions to the EU budget)
  • the creation of two new budget items related to trust funds managed by the Commission
  • an amendment of the establishment plan for the office of the body of European regulators for electronic communications (BEREC)

Draft amending budget No. 6 for 2015 does not entail any additional EU expenditure in 2015. The Council adopted its position on this draft amending budget on 18 September 2015.

Draft amending budget No.7

The amendment was approved in response to the migration crisis. In a fast-track procedure the Council accepted draft amending budget No. 7 for 2015 which strengthens the EU support under the European agenda on migration by €401.3 million in commitments and €57.0 million in payments. This includes an increase of:

  • €300 million in commitments for the European Neighbourhood Instrument
  • €100 million in commitments to finance emergency assistance provided under the Asylum, Migration and Integration Fund, and the Internal Security Fund
  • €55.7 million in payments for humanitarian aid

This amending budget also funds the creation of 120 new posts in the EU agencies working on migration-related areas (Frontex, European Asylum Support Office, Europol), which entails additional costs of €1.3 million in commitments and payments in 2015.

Since the reinforcements in commitments are partly financed by redeploying unused resources, the increase of the 2015 EU budget is limited to €330.7 million. The needs in payments are entirely covered by redeployments.

The Council adopted its position on this draft amending budget on 8 October 2015. This put into effect the commitments made by the European Council on 23 September 2015.

Draft amending budget No.8

The Council adopted its position accepting draft amending budget No. 8 related mainly to the revenue side of the EU budget.
The amendment adjusts the 2015 budget to take account of a forecast increase in other revenue such as:

  • fines of €1.5 billion
  • customs duties of €800 million

It also incorporates the additional member states' contributions for the 2014 and 2015 VAT and GNI own resources balances (€5.7 billion and €1.4 billion respectively).

The Council adopted its position on this draft amending budget on 10 November 2015.