Council Decision (EU) 2024/2734 of 21 October 2024 on the financial contributions to be paid by the parties to the European Development Fund as a third instalment for 2024
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Address https://gelex.eu/eli/EU/decision/2024/2734@2024-10-21/en
THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to the Internal Agreement between the Representatives of the Governments of the Member States of the European Union, meeting within the Council, on the financing of European Union aid under the multiannual financial framework for the period 2014 to 2020, in accordance with the ACP-EU Partnership Agreement and on the allocation of financial assistance for the Overseas Countries and Territories to which Part Four of the Treaty on the Functioning of the European Union applies, and in particular Article 7(2) in conjunction with Article 14(3) thereof,
Having regard to the Council Regulation (EU) 2018/1877 of 26 November 2018 on the financial regulation applicable to the 11th European Development Fund, and repealing Regulation (EU) 2015/323, and in particular Article 19(5) thereof,
Having regard to the proposal from the European Commission,
Whereas:
(1) In accordance with Article 46 of Regulation (EU) 2018/1877, the European Investment Bank (EIB) is to send to the Commission its updated estimates of commitments and payments under the instruments it manages.
(2) In accordance with Article 19(5) of Regulation (EU) 2018/1877, the Commission is to present a proposal by 10 October 2024, specifying the amount of the third instalment of the contribution for 2024.
(3) Pursuant to Article 20(1) of Regulation (EU) 2018/1877, calls for contributions are to first use up the amounts provided for in previous European Development Funds (EDF). Therefore, a call for funds pursuant to Regulation (EU) 2018/1877 should be made for the EIB and for the Commission.
(4) Pursuant to Article 152 of the Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community (the Withdrawal Agreement), the United Kingdom of Great Britain and Northern Ireland (the United Kingdom) is to remain party to the EDF until the closure of the 11th EDF and all previous unclosed EDFs. However, pursuant to Article 153 of the Withdrawal Agreement, the United Kingdom’s share in decommitted funds from projects under the 11th EDF, where those funds have been decommitted after 31 December 2020, or previous EDFs is not to be reused.
(5) Council Decision (EU) 2023/2586 sets the annual amount of the contribution to be paid by the parties to the EDF for 2024 at EUR 1200000000 for the Commission, and at EUR 300000000 for the EIB.
(6) In order to allow for the prompt application of the measures provided for in this Decision, this Decision should enter into force on the day of its publication in the Official Journal of the European Union,
HAS ADOPTED THIS DECISION:
Article 1
The amount of the contributions to be paid by the parties to the European Development Fund (EDF) as the third instalment for 2024 is hereby set at EUR 350000000. It shall be paid as follows:
(a) for the Commission, EUR 250000000; and
(b) for the European Investment Bank (EIB), EUR 100000000.
Article 2
The individual EDF contributions shall be paid by the parties to the EDF to the Commission and to the EIB as the third instalment for 2024, as set out in the Annex.
Article 3
This Decision shall enter into force on the date of its publication in the Official Journal of the European Union.
Done at Luxembourg, 21 October 2024. For the Council The President Nagy I.
ANNEX
ANNEX Third instalment of EDF contributions for 2024 (EUR)
MEMBER STATES & UK Key 11th EDF % 3rd instalment 2024 (EUR) Total Commission EIB 11th EDF 11th EDF BELGIUM 3,24927 8123175 3249270 11372445 BULGARIA 0,21853 546325 218530 764855 CZECHIA 0,79745 1993625 797450 2791075 DENMARK 1,98045 4951125 1980450 6931575 GERMANY 20,57980 51449500 20579800 72029300 ESTONIA 0,08635 215875 86350 302225 IRELAND 0,94006 2350150 940060 3290210 GREECE 1,50735 3768375 1507350 5275725 SPAIN 7,93248 19831200 7932480 27763680 FRANCE 17,81269 44531725 17812690 62344415 CROATIA 0,22518 562950 225180 788130 ITALY 12,53009 31325225 12530090 43855315 CYPRUS 0,11162 279050 111620 390670 LATVIA 0,11612 290300 116120 406420 LITHUANIA 0,18077 451925 180770 632695 LUXEMBOURG 0,25509 637725 255090 892815 HUNGARY 0,61456 1536400 614560 2150960 MALTA 0,03801 95025 38010 133035 NETHERLANDS 4,77678 11941950 4776780 16718730 AUSTRIA 2,39757 5993925 2397570 8391495 POLAND 2,00734 5018350 2007340 7025690 PORTUGAL 1,19679 2991975 1196790 4188765 ROMANIA 0,71815 1795375 718150 2513525 SLOVENIA 0,22452 561300 224520 785820 SLOVAKIA 0,37616 940400 376160 1316560 FINLAND 1,50909 3772725 1509090 5281815 SWEDEN 2,93911 7347775 2939110 10286885 UNITED KINGDOM 14,67862 36696550 14678620 51375170 TOTAL EU-27 & UK 100,00 250000000 100000000 350000000