Resources for the specific allocation for the Youth Employment Initiative (Amendment)

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EESC opinion: Resources for the specific allocation for the Youth Employment Initiative (Amendment)

In this opinion, the Committee endorses, without comments, the Commission's proposal on the resources for the specific allocation for the Youth Employment Initiative.

The objective of the proposal is to adapt the amounts of resources available for economic, social and territorial cohesion set out in Article 91(1) of Regulation (EU) No 1303/20131, the amount of resources for the specific allocation for the Youth Employment Initiative ('YEI') set out in Article 92(5) of that Regulation and the annual breakdown of commitment appropriations reflected in Annex VI of that Regulation to reflect the increase of the resources of the YEI, in line with the adopted budget for 2019. More specifically, commitment appropriations for the specific allocation for the YEI should be increased by an amount of EUR 116,7 million in current prices, bringing the overall amount for 2019 up to EUR 350 million.

In addition, the Commission proposes facilitating measures to ensure the swift programming of the additional YEI resources in 2019 in order not to hamper the overall implementation progress of the 2014-2020 operational programmes.