Regulation 2015/779 - Amendment of Regulation (EU) No 1304/2013, as regards an additional initial prefinancing amount paid to operational programmes supported by the Youth Employment Initiative - Main contents
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official title
Regulation (EU) 2015/779 of the European Parliament and of the Council of 20 May 2015 amending Regulation (EU) No 1304/2013, as regards an additional initial prefinancing amount paid to operational programmes supported by the Youth Employment Initiative| Legal instrument | Regulation |
|---|---|
| Number legal act | Regulation 2015/779 |
| Original proposal | COM(2015)46  |
| CELEX number i | 32015R0779 |
| Document | 20-05-2015; Date of adoption |
|---|---|
| Publication in Official Journal | 21-05-2015; OJ L 126 p. 1-2 |
| Effect | 22-05-2015; Entry into force Date pub. +1 See Art 2 |
| End of validity | 31-12-9999 |
21.5.2015 |
EN |
Official Journal of the European Union |
L 126/1 |
REGULATION (EU) 2015/779 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
of 20 May 2015
amending Regulation (EU) No 1304/2013, as regards an additional initial prefinancing amount paid to operational programmes supported by the Youth Employment Initiative
THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on the Functioning of the European Union, and in particular Article 164 thereof,
Having regard to the proposal from the European Commission,
After transmission of the draft legislative act to the national parliaments,
Having regard to the opinion of the European Economic and Social Committee (1),
After consulting the Committee of the Regions,
Acting in accordance with the ordinary legislative procedure (2),
Whereas:
(1) |
In light of the persistently high levels of youth unemployment in the Union, the Youth Employment Initiative (YEI) was established to provide support to young persons not in employment, education or training in the most affected regions. In order to ensure a quick response in the fight against youth unemployment, Regulation (EU) No 1303/2013 of the European Parliament and of the Council (3) and Regulation (EU) No 1304/2013 of the European Parliament and of the Council (4) laid down provisions allowing a quicker mobilisation of the resources allocated to the YEI, including, inter alia, the commitment of all the resources in the first two years of the programming period, the possibility to adopt operational programmes dedicated to the YEI before the Partnership Agreement, as referred to in Regulation (EU) No 1303/2013, is submitted to the Commission, and the eligibility of expenditure incurred in respect of operations under the YEI as from 1 September 2013. |
(2) |
The budgetary constraints faced by Member States and the lack of available funding at the initial stage of the programming period have caused significant delays in the implementation of the YEI. Regulation (EU) No 1303/2013 established the levels of the initial prefinancing amount to be paid to ensure that Member States have the means to provide support to beneficiaries from the start of the implementation of operational programmes. However, in the context of the YEI, those amounts are considered to be insufficient to provide the necessary payments to beneficiaries for the implementation of operations. |
(3) |
In order to address the budgetary constraints faced by Member States at the initial stage of the programming period and taking into account the urgent need to address youth unemployment and the specific features of the YEI, provisions should be laid down that complement Regulation (EU) No 1303/2013, to increase the level of the initial prefinancing paid to operational programmes supported by the YEI in 2015. To ensure that Member States have sufficient means to provide payments to beneficiaries responsible for the implementation of operations that target youth unemployment, an additional initial prefinancing amount from the specific allocation for the YEI should be paid in 2015 for operational programmes supported by the YEI, in order to complement the prefinancing amounts paid in accordance with Regulation (EU) No 1303/2013. |
(4) |
To ensure that the additional initial prefinancing amount is used for the immediate implementation of the YEI, that amount should be reimbursed to the Commission should the Union contribution from the YEI not amount to an adequate level in interim payment applications submitted to the Commission within 12 months after the entry into force of this Regulation. |
(5) |
In order to allow for the prompt application of the measures laid down in this Regulation, this Regulation should enter into force on the day following that of its publication in the Official Journal of the... |
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