Draft Regulation of the European Parliament and of the Council amending Regulations (EU) No 1316/2013 and (EU) 2015/1017 as regards the extension of the duration of the European Fund for Strategic Investments as well as the introduction of technical enhancements for that Fund and the European Investment Advisory Hub (first reading) - Preparation for the adoption of the legislative act = Statement - Hoofdinhoud

Council of the European Union Brussels, 5 December 2017 (OR. en)

15354/17

Interinstitutional File: ADD 1

2016/0276 (COD) i

CODEC 1999 EDUC 442 ECOFIN 1078 SOC 787 POLGEN 159 EMPL 602 COMPET 853 EF 327 RECH 405 AGRI 670 ENER 494 TELECOM 337 TRANS 536 UEM 339 ENV 1029 JAI 1163

'I' ITEM NOTE

From: General Secretariat of the Council

To: Permanent Representatives Committee

Subject: Draft Regulation of the European Parliament and of the Council amending Regulations (EU) No 1316/2013 i and (EU) 2015/1017 as regards the

extension of the duration of the European Fund for Strategic Investments as well as the introduction of technical enhancements for that Fund and the European Investment Advisory Hub (first reading) - Preparation for the adoption of the legislative act = Statement

Statement by the Commission on the EUR 225 million increase of the Connecting Europe Facility programme

As a result of the political agreement between the European Parliament and the Council on the financing of EFSI 2.0 an amount of EUR 275 million will be redeployed from CEF financial instruments, which represents a reduction of EUR 225 million in comparison with the Commission proposal.

The Commission confirms that the financial programming will be revised to reflect the corresponding EUR 225 million increase of the CEF programme.

In the framework of the annual budgetary procedures for the years 2019-2020 the Commission will make the appropriate proposals to ensure an optimal allocation of this amount within the CEF programme.

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