Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-12-11-Speech-2-174"

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"en.20071211.32.2-174"2
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". − This seventh Amending Budget for the year 2007 includes a further EUR 4 324.8 million in revenue and also a decrease of EUR 1 651.4 million in expenditure, thus allowing the Member States to reduce their contributions to the Community budget by around EUR 5 976.2 million. While the increase in revenue is largely due to the VAT and GNI balances, budgetary under-implementation is mainly responsible for the significant reduction in expenditure, with the cuts essentially affecting the headings of cohesion, fisheries, environment and agriculture. The late adoption of many operational programmes of the Structural Funds for the 2007-2013 period (and others) is the justification given by the Commission and by the Council for not using the appropriations forecast for 2007. However, these amounts are not transferred to the 2008 budget to respectively boost the appropriations for these policies. It is noted that the amounts forecast in the 2008 Budget for these headings are within those agreed in the Multiannual Financial Framework 2007-2013. The non-implementation of these amounts in the Community budget is very worrying and should be very closely monitored given that 2007 is the first year of the new financial framework 2007-2013 and that Rule N+2 is still being applied in relation to the previous financial framework within which the appropriations must be fully used by 2008."@en1

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