Council Decision (CFSP) 2023/577 of 13 March 2023 amending Decision (CFSP) 2021/509 establishing a European Peace Facility

‘1 The financial ceiling for the implementation of the Facility for the period 2021–2027 shall be EUR 7979000000 in current prices.’

‘3a By derogation from paragraph 3 of this Article, each administrator may propose to the Committee to enter in the titles of the budget under his or her responsibility for a given year additional commitment appropriations related to payments financed with advance contributions, as referred to in Article 29(15), to cover unforeseen implementation needs. The additional commitment appropriations entered in the budget shall be deducted from the annual financial ceilings in future years.’

‘8 Contributions of Member States in any given year shall not exceed their respective share of the payment ceiling referred to in Article 25(2). This limit shall not apply to additional contributions pursuant to paragraph 7 of this Article resulting from abstentions from assistance measures, or to advance contributions as referred to in Article 29(15).’

1 The Facility shall have a minimum deposit system to provide early financing for Union rapid response operations, urgent measures as referred to in Article 58 and, subject to the prior authorisation by the Committee, for individual assistance measures, where sufficient funds are not available and the ordinary procedure for collecting contributions would not allow for those needs to be met in good time. The minimum deposits shall be managed by each administrator respectively.

2 The amount of the minimum deposits shall be decided, and revised as necessary, by the Committee, following proposals by the administrator.

3 For the purpose of early financing of the minimum deposits, the Member States shall either: (a) pay contributions to the Facility in advance; or (b) when the Council decides to launch a rapid response operation to which they contribute, approves an urgent measure, or when the Committee authorises its use for individual assistance measures pursuant to paragraph 1, and it is necessary to resort to the minimum deposit, pay their contributions within 10 days following dispatch of the call at the level of the reference amount of the rapid response operation or of the authorised cost of the urgent measure or individual assistance measure, unless the Council decides otherwise.’

This Decision shall enter into force on the date of its adoption.