Brussels, 17/03/2016 (Agence Europe) - By written procedure on Wednesday 16 March, the Council approved the draft amending budget no. 1 for 2016, which sets in place the budgetary structure needed to create the new emergency aid instrument within the Union (see EUROPE 11513).
€100 million in commitment appropriations and €80.2 million in payment appropriations have been mobilised to cover immediate financing needs under the new emergency aid mechanism. The Commission is taking the money...