Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-208-003"

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"en.20111201.35.4-208-003"2
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"As the rapporteur mentions, the 17 May 2006 interinstitutional agreement provides for the mobilisation of the flexibility instrument to provide finance for any specifically identified expenditure that cannot be financed within the maximum limits available under one or more headings of the multiannual financial framework. It has become clear that, with regard to the 2012 budget, it will be necessary to exceed the maximum limits for Heading 1a, relating to the Europe 2020 strategy, and Heading 4, relating to the European neighbourhood and partnership instrument. The importance of both means it is advisable to make this effort, since, if not, there could be a threat to funding considered a priority by the EU, thereby calling into question its capacity for action and the results of its policies."@en1

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