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Regulation (EU) No 1296/2013 of the European Parliament and of the CouncilShow full title
Regulation (EU) No 1296/2013 of the European Parliament and of the Council of 11 December 2013 on a European Union Programme for Employment and Social Innovation ("EaSI") and amending Decision No 283/2010/EU establishing a European Progress Microfinance Facility for employment and social inclusion (Text with EEA relevance)
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Article 5Budget
1.The financial envelope for the implementation of the Programme for the period from 1 January 2014 to 31 December 2020 shall amount to EUR 919 469 000, in current prices.
2.The following indicative percentages shall be allocated to the axes set out in Article 3(1):
(a)61 % to the Progress axis;
(b)18 % to the EURES axis;
(c)21 % to the Microfinance and Social Entrepreneurship axis.
3.The Commission may make use of up to 2 % of the financial envelope referred to in paragraph 1 to finance operational expenditure for the support of the implementation of the Programme.
4.The Commission may make use of the financial envelope referred to in paragraph 1 to finance technical and/or administrative assistance, in particular relating to auditing, outsourcing of translation, meetings of experts, and information and communication activities for the mutual benefit of the Commission and the beneficiaries.
5.Annual appropriations shall be authorised by the European Parliament and the Council within the limits of the multiannual financial framework.
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