The Council also accepted the following draft amending budgets for 2015:
- Draft amending budget no 4 which increases the 2015 EU budget by €66.5 million in commitments and payments for the EU solidarity fund to deal with the damage caused by floods in Italy (€56 million), Romania (€8.5 million) and Bulgaria (€1.98 million);
- Draft amending budget no 3 which seeks to incorporate the budget surplus of 2014 into the revenue side of the EU budget for 2015. The 2014 EU budget closed with a surplus of €1.43 billion.
Next steps
The European Parliament is expected to vote on the three draft amending budgets at its plenary session starting on 6 July 2015. If the Parliament accepts the Council's position the draft amending budgets are adopted. If the Parliament adopts amendments a three-week conciliation period would start.