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Image header Agence Europe
Europe Daily Bulletin No. 12474
Contents Publication in full By article 16 / 30
INSTITUTIONAL / Budget

Commission proposes to return 2019 surplus of €3.2 billion to Member States

The European Commission adopted on, 15 April, a Draft Amending Budget No 3/2020, which aims to enter the budget surplus from 2019 in the 2020 budget.

The implementation of the financial year 2019 shows a surplus of €3.2 billion, which will therefore be entered as revenue in the 2020 budget (€2.4 billion surplus in revenue and €803 million in expenditure).

€2.5 billion comes from fines imposed in the competition cases and interest for late payment (periodic penalty payments and...

Contents

EU RESPONSE TO COVID-19
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
NEWS BRIEFS
ERRATUM
CALENDAR
CALENDAR EXTRA