Regulation on the protection of the Union’s budget in case of generalised deficiencies as regards the rule of law in Member States ***II
TA-9-2020-0356 · P9_TA(2020)0356 · PE660.258
Written by a language model from the full text only; every figure comes from the text. The paragraph links open the paragraph a statement rests on — check the text itself before relying on it.
Parliament approves the Council's first-reading position on a regulation creating a general regime of conditionality to protect the Union budget where there are generalised deficiencies as regards the rule of law in member states.¶ Parliament also approves a joint statement by Parliament, the Council and the Commission and takes note of a Commission statement, both annexed to the resolution.¶¶ In the joint statement, the three institutions agree to consider folding the regulation's content into the Financial Regulation at its next revision.¶ The Commission agrees to consider accompanying its report on the regulation's application with appropriate proposals where necessary.¶
Key points
- Parliament approves the Council position at first reading on the regulation on a general regime of conditionality for the protection of the Union budget.¶
- Parliament approves the joint statement by Parliament, the Council and the Commission annexed to the resolution.¶
- Parliament takes note of the Commission statement annexed to the resolution.¶
- Parliament notes that the act is adopted in accordance with the Council position.¶
- In the joint statement, Parliament, the Council and the Commission agree to consider including the regulation's content in the Financial Regulation upon its next revision, without prejudice to the Commission's right of initiative.¶
- In its statement, the Commission agrees to consider accompanying its report on the application of the regulation with appropriate proposals where necessary.¶
Who is affected
Legal basis: Article 294(7) of the Treaty on the Functioning of the European Union¶