17.3.2015   

EN

Official Journal of the European Union

L 72/4

(1)

Article 13 of Council Regulation (EU, Euratom) No 1311/2013 (2) has established a Contingency Margin of up to 0,03 % of the Gross National Income of the Union.

(2)

In accordance with Article 6 of that Regulation, the Commission has calculated the absolute amount of the Contingency Margin for 2014 (3).

(3)

After having examined all other financial possibilities to react to unforeseen circumstances that have arisen after the multiannual financial framework payment ceiling for 2014 was first established in February 2013, it appears necessary to mobilise the Contingency Margin to complement the payment appropriations in the general budget of the European Union for the financial year 2014, above the payment ceiling.

(4)

An amount of EUR 350 million in payment appropriations should be included in the mobilisation of the Contingency Margin pending an agreement on payments for other special instruments.

(5)

Having regard to the very particular situation which has arisen this year, the last-resort condition in Article 13(1) of Regulation (EU, Euratom) No 1311/2013 is fulfilled.

(6)

To ensure compliance with Article 13(3) of Regulation (EU, Euratom) No 1311/2013, the Commission should present a proposal on the offsetting of the relevant amount in the MFF payment ceilings for one or more future financial years, having due regard to the agreement on payments for other special instruments, and without prejudice to the institutional prerogatives of the Commission,

(a)

2018: EUR 939 411 200;

(b)

2019: EUR 939 411 200;

(c)

2020: EUR 939 411 315.