Decision of the European Parliament and of the Council

of 15 December 2010

on the mobilisation of the Flexibility Instrument

(2011/29/EU)

THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Interinstitutional Agreement of 17 May 2006 between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management(1), and in particular the fifth paragraph of point 27 thereof,

Having regard to the proposal from the European Commission,

Whereas, after having examined all possibilities for re-allocating appropriations under subheading 1a and heading 4, at the conciliation meeting on 11 November 2010, the two arms of the budgetary authority agreed to mobilise the Flexibility Instrument to complement the financing in the 2011 budget, beyond the ceilings of subheading 1a and heading 4, of:

  • EUR 18 million for the Lifelong Learning programme under subheading 1a,

  • EUR 16 million for the Competitiveness and Innovation Programme under subheading 1a,

  • EUR 71 million for Palestine under heading 4,

HAVE ADOPTED THIS DECISION: