Considerations on COM(2012)598 - Financial contributions to be paid by Member States to finance the European Development Fund in 2013 and 2014, including the first instalment for 2013

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dossier COM(2012)598 - Financial contributions to be paid by Member States to finance the European Development Fund in 2013 and 2014, including the ...
document COM(2012)598 EN
date October 19, 2012
 
(1) In accordance with the procedure laid down in Articles 57 to 61 of the 10th EDF Financial Regulation, the Commission should present a proposal by 15 October 2012 specifying the ceiling for the annual amount of the Member States European Development Fund (EDF) contribution for 2014, the annual amount of the contribution for 2013 and the amount of the first instalment of the contribution for 2013

(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) Article 58(2) of the 10th EDF Financial Regulation provides that calls for contributions first use up the amounts laid down for previous EDFs. Therefore a call for funds under the 9th EDF should be made for the EIB.

(4) The Council should decide on this proposal by 15 November 2012, and Member States should pay the first instalment of the contribution for 2013 at the latest by 21 January 2013.