Extracts from the press conference by Janusz Lewandowski on the adoption by the EC of an amending EU budget for Europe's students, scientists, NGOs', businesses and regions
On 23 October 2012, Janusz Lewandowski, Member of the EC in charge of Budget and Financial Programming, gave a press conference on the adoption by the EC of an amending EU budget for Europe's students, scientists, NGOs', businesses and regions.
The European Commission adopted an amending budget to enable it to meet its legal obligations towards beneficiaries of EU funds. This is in line with the joint statement the Council and the European parliament adopted the day the EU budget for 2012 was adopted inviting the Commission to request additional money "in an amending budget if the appropriations entered in the 2012 budget are insufficient to cover expenditure".
Having now a more complete picture of budget implementation in 2012, the EC estimates that an extra 9.0 billion is needed to cover the incoming bills and respect contractual and legal obligations, mainly in areas essential for growth and jobs in Europe. SHOTLIST