Brussels, 27 June 2013
Elements of the political agreement on the European
Union's future budget 2014-2020
Global margin for payments
1. Every year, starting in 2015, as part of the technical adjustment referred to in Article 4,
the Commission will adjust the payment ceiling for the years 2015-2020 upwards by an
amount equivalent to the difference between the executed payments and the MFF
payment ceiling of the year n-1.
2. The annual adjustments shall not exceed the following maximum amounts (in 2011
prices) for the years 2018-2020 as compared to the original payment ceiling of the
2018: EUR 7 billion
2019: EUR 9 billion
2020: EUR 10 billion
3. Any upward adjustment shall be fully offset by a corresponding reduction of the
payment ceiling for year n-1.
Specific flexibility to tackle youth unemployment and strengthen research
Up to EUR 2 543 million1
(in 2011 prices) may be frontloaded in 2014 and 2015, as part
of the annual budgetary procedure, for specified policy objectives relating to youth
employment, research, ERASMUS in particular for apprenticeships, and SMEs. These
amounts shall be fully offset against appropriations within and/or between headings in
order to leave unchanged the total annual ceilings for the period 2014-2020 and the total
allocation per heading or sub-heading over the period.
Nota: The Institutions agree to use this amount as follows: 2143 million for Youth
Employment, 200 million for Horizon 2020, 150 million for Erasmus and 50 million for
Article 9g MFF Regulation
Global margin for growth and employment,
in particular youth employment
1. Margins left available below the MFF ceilings for commitment appropriations for the
years 2014-2017 shall constitute a Global MFF margin for commitments, to be made
available over and above the ceilings established in the Annex for the years 2016 to 2020
for policy objectives related to growth and employment, in particular youth employment.
2. Each year, as part of the technical adjustment provided for in Article 4, the Commission
shall calculate the amount available. The Global margin or part thereof may be mobilised
by the budgetary authority in the framework of the budgetary procedure pursuant to
Article 314 TFEU.
Aid for the most deprived
In order to maintain the current level of funding for this programme, in addition to the
EUR 2.5 billion already agreed, Member States may decide to increase their allocations by
up to EUR 1 billion on a voluntary basis.
• Draft Declaration on duration becomes a recital in the MFF Regulation
• Commission Declaration add last sentence "The Commission will also examine
aligning its proposals for the next MFF with the political cycles of the Institutions"
In the context of this agreement the Council commits to take a formal decision on the first
tranche of DAB 2 no later than ECOFIN Council on 9 July 2013.
The Council commits to take all necessary additional steps to ensure that the Union's
obligations for 2013 are fully honoured. On the basis of a proposal to be made by the
Commission in early autumn on the basis of the latest updated estimates regarding
payment appropriations, the Council commits to decide, without delay, on a further draft
amending budget to avoid any shortfall in justified payment appropriations.
For more information see also:
SPEECH/13/583 Multiannual Financial Framework: political agreement reached -
Statement by President Barroso following his meeting with the President of the European
Parliament, Martin Schulz, and Taoiseach Enda Kenny for the Irish Presidency of the