Financial Regulations
The Financial Rules of EDA implement and complement related Articles on the financial aspects from the Council Joint Action 2004/551/CFSP of 12 July 2004 on the establishment of the European Defence Agency. The last version on the Financial Rules was approved by the Steering Board on 13 November 2006.
In particular, it explains the principles of General Budget, sets the scene for implementation of General Budget (roles of financial actors, implementation of revenue and expenditure) and defines the requirements for financial reporting and annual audit.
sxc.hu Specific accounting policies
pMS Contributions
Contributions from participating Member States (‘pMS’) are calculated in accordance with the principles of the EU budget proportional share of the pMS's GNI in the total GNI aggregate. Contributions are requested in three instalments, by 15 February, 15 June and 15 October (Art. 16, Council Joint Action 2004/551/CFSP). In 2007, after the accession of Bulgaria and Romania, the EDA counts 26 pMS.
© 2005-2012 European Defence Agency Information on this site is subject to
.