Skip to content
GovLens is in free beta — full access while we build. Join the beta →
Feed/BUD2016/2256(BUD)Finance & Budget

Mobilisation of the 2016 Contingency Margin

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 115mo ago
View source

This procedure concerns the mobilisation of the contingency margin, a financial reserve available to the EU budget. It allows for unforeseen expenditure beyond the initial budget allocations for a given year.

The contingency margin is used to cover unexpected costs, ensuring the EU can respond to unforeseen events or needs without compromising existing programmes. This specific mobilisation relates to the year 2016.