Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-393-750"

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"I voted for this report on the amending budget. According to Article 37 of the Financial Regulation, the Commission may present preliminary draft amending budgets ‘if there are unavoidable, exceptional or unforeseen circumstances’. Paragraph 3 states that ‘the budgetary authority shall discuss them with due account for their urgency’. Article 15 (3), of the Financial Regulation stipulates that the surplus from each financial year, whether surplus or deficit, should be entered as revenue or expenditure in the budget of the subsequent financial year through an amending budget to be submitted by the Commission within 15 days following the submission of the provisional accounts. Draft amending budget No 3/2011 aims at entering into the 2011 budget the surplus resulting from the implementation of the budget for the financial year 2010, for an amount of EUR 4 539 394 283. Consequently, the overall contribution of the Member States to the EU budget 2011 will be reduced accordingly. Portugal will contribute EUR 59 119 421 less."@en1

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