Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-05-Speech-4-173-500"

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"en.20120705.19.4-173-500"2
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"I voted in favour of this report because draft amending budget No 3/2012 aims to enter in the 2012 budget the surplus from the 2011 financial year, amounting to EUR 1 496 968 014. The main components of that surplus are an under-spend in expenditure of EUR 0.73 billion, a positive outturn on income of more than EUR 0.67 billion, and a positive exchange rate difference of EUR 0.1 billion. A major part of the income comes from fines and interest on late payments. The under-spend in expenditure does not result from absorption difficulties or mismanagement, but from the rules in force for adjusting the repartition of payments in line with needs, particularly during the last weeks of the financial year. In its position on transfer request DEC 9/2012, Council also drastically reduced the payment appropriations transferred to the research area, where there are reports of the need for payments to honour previous commitments, and left the payment appropriations on budget lines where they cannot be spent. Furthermore, Article 15 of the Financial Regulation provides that any discrepancy with the estimates, to be entered in the Union’s budget, will be the sole subject of this amending budget. Bearing in mind the unfulfilled needs presented in DEC 9/2012, as well as the latest implementation figures, notably in the field of cohesion policy, the position shown on this amending budget should be adopted."@en1

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