The Commission has today proposed an amending budget to increase funding for the European Social Fund. The funding will support EU's efforts to combat unemployment, in particular youth unemployment, poverty and social exclusion and thus strengthen the economic, social and territorial cohesion of the Union.
This amending budget is a result of the 2014-2020 Multiannual Financial Framework agreement and sets the technical details to accommodate the increase. The Commission's proposal amounts to EUR 150 million in commitments. Member States contribution to 2013 budget will not be affected by this amendment.
Draft Amending Budget 2013: Documents