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Feed/BUD2024/0252(BUD)Finance & Budget

Amending budget no 5 (2024): Payment & revenue updates

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 19mo ago
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This legislative act adjusts the European Union's budget for 2024, primarily by increasing spending commitments and payments, and updating revenue sources.

The budget changes affect various EU funds and programs, including the European Regional Development Fund and the Common Agricultural Policy, as well as specific agencies like eu-LISA and EUAA.

Key changes include a significant increase in payment appropriations, partly funded by substantial fines, such as a competition fine from Google, and the introduction of new budget lines for a Ukraine Loan Cooperation Mechanism.

The adjustments also address increased salary costs and pension obligations across EU institutions and agencies, with efforts made to cover these through internal measures and specific financial instruments.