unused FEOGA Guarantee appropriations

EAGGF guarantee appropriations

In order to ensure the overall implementation of the tasks and activities of the PPP body, it should be able to enter the unused appropriations for a given year in the estimate of revenue and expenditure of up to the following three financial years.

3. Welcomes the increase of 29.12% as against 2003 in the commitment appropriations for rural development (by ABB activity, this covers mainly the appropriations under the EAGGF Guarantee Section and those relating to structural measures under EAGGF Guidance).

- Reserve for competitiveness (up to a maximum of EUR 7 billion): new instrument replacing the Growth Adjustment Fund, proposed by the Commission, to be mobilised to boost growth and competitiveness and to allow the Union to react to economic changes; - Reserve for cohesion (up to a maximum of EUR 3 billion): new instrument aiming to develop a mechanism to be mobilised to react to economic shocks and abrupt changes in EU regions and Member States eligible under Heading 1b) even through the reprogramming of unused appropriations; - Reserve: Emergency Aid (up to a maximum of EUR 1.5 billion): existing instrument to be placed outside the Financial Perspective; - Reserve: Solidarity Fund (up to a maximum of EUR 6.2 billion) existing instrume ...[+++]nt that is already outside the Financial Perspective and that the Commission proposes to budget under the ceiling; - Reserve for loans guarantee (up to a maximum of EUR 3.0 billion): part of this reserve existed under Heading 4; the principle should be extended to guarantee the financing of transport and infrastructure projects; this instrument should be placed outside the Financial Perspective; - Reserve for flexibility (up to a maximum of EUR 3.5 billion): existing instrument already placed outside the Financial Perspective and with an increased amount of EUR 500 million;

In the area of agricultural expenditure, suspected cases of fraud accounted for around 11% of the irregularities notified, i.e. 0.02% of total appropriations for the EAGGF - Guarantee.