EBA欧洲银行-Cover-Note-to-the-Request-for-Approval-of-the-2015-EBA-Budget-1_2页_226kb

2015 EBA Budget Approval Summary

Core Content

The European Banking Authority (EBA) has undergone a budget approval process for the year 2015, involving several key stakeholders including the Board of Supervisors (BoS), the European Commission, and the European Parliament. The final approved budget of EUR 31,515,000 was reached after a series of negotiations and adjustments from the initial preliminary draft budget (PDB) of EUR 37,126,000.

Main Points

• Initial Approval by BoS: In February 2014, the BoS approved the PDB of EUR 37,126,000 with an establishment plan of 140 temporary agents (TA).
• Commission's Draft Budget: The European Commission, in collaboration with the European Council, proposed a draft budget (DB) of EUR 30,052,500 and 118 TA.
• Parliament's Approval: During the conciliation process, the DB was increased to EUR 31,515,000 and 120 TA, which was then approved by the European Parliament on December 18th.
• Budget Availability: To ensure the EBA can use the budget from the beginning of 2015, the BoS is requested to formally adopt the final budget of EUR 31,515,000.

Key Information

The budget figures for 2015 are summarized below, comparing them to the 2014 budget and the PDB approved by the BoS in February 2014:

2015 Budget vs. 2014 Budget

2015 Budget vs. PDB (February 2014)

Conclusion

The EBA's 2015 budget was reduced from the original PDB by 15% across all categories, primarily due to a decrease in administrative and operational costs. The final budget, approved by the European Parliament, reflects a compromise that balances the needs of the EBA with the financial constraints of the EU institutions. The BoS is now requested to formally adopt this budget to ensure its implementation from the start of 2015.