WIREDGOV

An extra EURO 11.2 billion is required for the EU budget to reimburse beneficiaries of EU funded programmes completed across Europe in 2012 as well as to honour the Cohesion Policy claims that will fall due in 2013.

The bulk of the draft amending budget presented by the European Commission yesterday, if agreed in full by the Parliament and Council, will allow all the legal obligations left pending at the end of 2012, as well as those arising before the end of 2013, to be covered in this year's budget. It covers claims from beneficiaries of EU funds (Member States, regions and towns, universities and scientists, NGOs…) for projects completed across Europe; it also includes Member States’ estimates for payments they will expect from the EU this year.

Click here for full press release