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EP backs carry-over of EU funding from 2014 for late-starter Operational Programmes

 

Press Release 

Yesterday, the European Parliament agreed to change the ceilings in the EU's Multiannual Financial Framework (MFF) for 2014-2017. This will help fund 300 Member States' programmes that started too late in order to qualify for the EU 2014 funding. Thus, 21 billion EUR of unused committment appropriations will be carried over from 2014 to 2015-2017. 

The European Parliament agreed to changes with 591 votes to 24, with 28 abstentions.

"The changes were requested by the European Commission, and have been informally and unanimously approved by the Council of Ministers. The €21.1 billion in uncommitted appropriations, representing 15% of the 2014 budget, were for 300 programmes (47% of all programmes) in all Member States. These programmes could not start on time in 2014 due to delays in approving the rules governing them, which in turn delayed the drawing up of national programmes."

Press release is available here