Considerations on COM(2010)312 - Financial contributions to be paid by the Member States to finance the European Development Fund (2nd instalment 2010)

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dossier COM(2010)312 - Financial contributions to be paid by the Member States to finance the European Development Fund (2nd instalment 2010).
document COM(2010)312 EN
date June 14, 2010
 
(1) Article 58(2) of the 10th European Development Fund (hereafter 'the EDF') Financial Regulation provides that calls for contributions first use up the amounts provided for previous EDFs. Therefore a call for funds under the 9th EDF should be made.

(2) In accordance with the first paragraph of Article 145 of the 10th EDF Financial Regulation, the European Investment Bank has sent the Commission its updated estimates of commitments and payments under the instruments it manages.

(3) Pursuant to Article 157 of the 10th EDF Financial Regulation, the procedure laid down in Articles 57 to 61 should apply for the first time in 2009. In accordance with this procedure, the Commission is presenting a proposal specifying the amount of the second instalment of the contribution for 2010; at this stage, the estimation of annual needs does not command a revision of the annual amount of the yearly contribution.