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Council Regulation (EU, Euratom) No 1311/2013 of 2 December… Article 5

Council Regulation (EU, Euratom) No 1311/2013 of 2 December… Article 5

Global margin for payments

Article 5

1.   Every year, starting in 2015, as part of the technical adjustment referred to in Article 6, the Commission shall adjust the payment ceiling for the years 2015-2020 upwards by an amount equivalent to the difference between the executed payments and the MFF payment ceiling of the year n-1. 2.   The annual adjustments shall not exceed the following maximum amounts (in 2011 prices) for the years 2018-2020 as compared to the original payment ceiling of the relevant years:   2018 - EUR 7 billion   2019 - EUR 9 billion   2020 - EUR 10 billion. 3.   Any upward adjustment shall be fully offset by a corresponding reduction of the payment ceiling for year n-1.

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Other provisions in CHAPTER 1 — General provisions

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 5 of Council Regulation (EU, Euratom) No 1311/2013 of 2 December… (LawPlayer, data as of 2026-07-04)

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