xv. take note of the fact that Parliament insists on a stronger and increased degree of flexibility and the creation of sufficient reserves for each category, as well as higher amounts available through the Flexibility Instrument and on a simplification of the procedure for shifting resources between the different headings of the MFF;

4. The VAT own resource should be made available in the form of an entry of the amounts due in an account opened for this purpose under Council Regulation [./...] on the methods and procedure for making available the traditional and GNI-based own resources and on the measures to meet cash requirements[15].

the amount, the fee for the availability of the credit line, the pricing formula applicable for the release of funds and the availability period of the Union financial assistance and the other detailed rules needed for the implementation of the assistance;

| The Member States book traditional own resources to one of two accounts: - the normal account for amounts recovered or guaranteed (these amounts are paid into the EU budget) - the separate account for amounts which have not been recovered or guaranteed amounts which have been contested.Traditional own resources collection system: all the systems and procedures introduced by the Member States to ensure that traditional own resources are established, entered in the accounts, recovered and paid.Any entitlement which is irrecoverable is withdrawn from the separate account.

The Commission then had to establish whether Sachsen LB’s costs under the guarantee go beyond the price received for Sachsen LB. This would at least be the case if the value of expected losses under the EUR 2,75 billion guarantee were to be above the amount received of EUR [.] million (plus any potential nominal provisions of up to EUR [.] million).

The Commission is considering whether to bring an infringement procedure under Article 226 of the EC Treaty against Germany in view of its refusal to provide the further information necessary to examine certain cases and its refusal to make available the amounts in cases in which the application to write off the amounts was rejected.