Council Decision (CFSP) 2023/1304 of 26 June 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 12040000000 in current prices.

2 The breakdown of the financial ceiling per annum shall be as set out in Annex I.

3 The financial ceiling shall be used in a manner that preserves the global geographical scope of the Facility and the Union’s ability to prevent and swiftly respond to crises and conflicts, primarily but not exclusively in areas that display the most urgent and critical security threats for the Union following, pursuant to Article 9(1), the strategic priorities set by the European Council and the Council. The Facility Committee referred to in Article 11 shall decide on the use of the financial ceiling by defining the overall amounts intended for assistance measures and the overall amounts intended for operations funded under the Facility, in order to ensure its financial sustainability. The Facility Committee shall revise those overall amounts as necessary in accordance with the strategic orientation provided by the Political and Security Committee (PSC) pursuant to Article 9(2).’

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