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Interinstitutional Agreement On Cooperation In Budgetary Matters

An agreement will be reached in the annual budgetary procedure. the list of budget lines considered to be technically closed, subject to final agreement on the entire budget for the financial year 9.Si the conditions for the mobilisation of the European Globalisation Adjustment Fund are fulfilled in accordance with the relevant basic act, the Commission shall submit to the European Parliament and to the Council a proposal for carry-over to the budget lines concerned. Fourthly, the agreement reached in a trilogue is confirmed in a joint statement, taking into account the Commission`s budgetary assessment of the content of the legislative procedure. This Agreement shall be subject to the consent of the European Parliament and of the Council in accordance with their rules of procedure. This Agreement does not affect the respective budgetary powers of the institutions, as defined by the Treaties, by Council Regulation (EU, Euratom) No 1311/2013 (1) (`the MFF Regulation`) and by Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council (2) (`the Financial Regulation`). Before submitting a proposal for the establishment of a new Agency, the Commission should prepare a robust, comprehensive and objective impact assessment taking into account, inter alia, the critical mass of staff and competences, cost-benefit aspects, subsidiarity and proportionality, the impact on activities at national and Union level, and the budgetary impact of the expenditure heading concerned. On the basis of that information and without prejudice to the legislative procedures relating to the establishment of the Agency, the European Parliament and the Council undertake to reach a timely agreement on the financing of the agency proposed in the framework of budgetary cooperation. In case of disagreement, a trialogue procedure is initiated. In the event of a revision of the Treaty affecting the budget during the multiannual financial framework 2007-2013 (hereinafter referred to as `the financial framework`), the necessary adjustments shall be made accordingly. In the interest of loyal and solid institutional cooperation, the European Parliament and the Council undertake to maintain regular and active contacts at all levels through their respective negotiators throughout the budgetary procedure, and in particular during the conciliation period.

The European Parliament and the Council undertake to ensure the timely and continuous exchange of relevant information and documents, both formally and informally, and, if necessary, to hold technical or informal meetings during the conciliation period, in cooperation with the Commission. . . .