Home Europe European Parliament Decision (EU) 2024/2300 of the European Parliament of 11 Apr...
Date: 10-Oct-2024 Category: Not Applicable State: Union Government Country: Europe

Decision (EU) 2024/2300 of the European Parliament of 11 April 2024 on discharge in respect of the implementation of the budget of the European Institute of Innovation and Technology (EIT) for the financial year 2022

Issued by European Parliament · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • The European Parliament has granted discharge to the Director of the European Institute of Innovation and Technology (EIT) regarding the implementation of the Institute's budget for the financial year 2022. This means the Parliament approves the way the EIT managed its budget during that period.
  • The decision includes observations made by the Parliament in a resolution, which is an integral part of the decision.
  • The decision instructs the President of the Parliament to forward the decision and resolution to the Director of the EIT, the Council, the Commission, and the Court of Auditors, and to arrange for their publication in the Official Journal of the European Union (L series).

Key Changes

  • The European Parliament formally grants discharge for the EIT's 2022 budget implementation.
  • The decision is based on the final annual accounts of the EIT for 2022, the Court of Auditors’ annual report on EU agencies for the financial year 2022, and the Council’s recommendation of 22 February 2024.
  • The decision references several regulations, including Regulation (EU, Euratom) 2018/1046 and Regulation (EU) 2021/819, which provide the legal framework for the EIT's financial management.

Impact Analysis

European Institute of Innovation and Technology (EIT)

  • Action Item: The EIT should ensure continued compliance with relevant financial regulations, including Regulation (EU, Euratom) 2018/1046 and Regulation (EU) 2021/819.

Council, Commission, and Court of Auditors

  • Action Item: These bodies should review the decision and resolution to identify any implications for their respective roles in overseeing the EIT.

European Parliament

  • Action Item: The Committee on Budgetary Control should continue to monitor the EIT's financial performance and compliance with regulations.

EU Taxpayers

  • Transparency: Publication of the decision and resolution in the Official Journal ensures transparency and accountability in the use of EU funds.

Key Entities Referenced

European Institute of Innovation and Technology (EIT): An EU body focused on fostering innovation and entrepreneurship across Europe. European Parliament: The directly elected parliamentary institution of the European Union. Council of the European Union: A body representing the governments of the EU member states. European Commission: The executive branch of the European Union. European Court of Auditors: The EU's independent external auditor. Regulation (EU, Euratom) 2018/1046: Regulation on the financial rules applicable to the general budget of the Union. Regulation (EU) 2021/819: Regulation on the European Institute of Innovation and Technology. Commission Delegated Regulation (EU) 2019/715: Framework financial regulation for the bodies set up under the TFEU and Euratom Treaty.
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Official Journal EN of the European Union L series 2024/2300 10.10.2024 DECISION (EU) 2024/2300 OF THE EUROPEAN PARLIAMENT of 11 April 2024 on discharge in respect of the implementation of the budget of the European Institute of Innovation and Technology (EIT) for the financial year 2022 THE EUROPEAN PARLIAMENT, — having regard to the final annual accounts of the European Institute of Innovation and Technology (EIT) for the financial year 2022, — having regard to the Court of Auditors’ annual report on EU agencies for the financial year 2022, together with the agencies’ replies(1), — having regard to the statement of assurance(2)as to the reliability of the accounts and the legality and regularity of the underlying transactions provided by the Court of Auditors for the financial year 2022, pursuant to Article 287 of the Treaty on the Functioning of the European Union, — having regard to the Council’s recommendation of 22 February 2024 on discharge to be given to the Institute in respect of the implementation of the budget for the financial year 2022 (06180/2024 – C9-0092/2024), — having regard to Article 319 of the Treaty on the Functioning of the European Union, — having regard to Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council of 18 July 2018 on the financial rules applicable to the general budget of the Union, amending Regulations (EU) No 1296/2013, (EU) No 1301/2013, (EU) No 1303/2013, (EU) No 1304/2013, (EU) No 1309/2013, (EU) No 1316/2013, (EU) No 223/2014, (EU) No 283/2014, and Decision No 541/2014/EU and repealing Regulation (EU, Euratom) No 966/2012(3), and in particular Article 70 thereof, — having regard to Regulation (EU) 2021/819 of the European Parliament and of the Council of 20 May 2021on the European Institute of Innovation and Technology(4), and in particular Article 23 thereof, — having regard to Commission Delegated Regulation (EU) 2019/715 of 18 December 2018 on the framework financial regulation for the bodies set up under the TFEU and Euratom Treaty and referred to in Article 70 of Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council(5), and in particular Article 105 thereof, — having regard to Rule 100 of and Annex V to its Rules of Procedure, — having regard to the report of the Committee on Budgetary Control (A9-0132/2024), 1. Grants the Director of the European Institute of Innovation and Technology (EIT) discharge in respect of the implementation of the Institute’s budget for the financial year 2022; 2. Sets out its observations in the resolution below; 3. Instructs its President to forward this decision, and the resolution forming an integral part of it, to the Director of the European Institute of Innovation and Technology (EIT), the Council, the Commission and the Court of Auditors, and to arrange for their publication in the Official Journal of the European Union (L series). The President The Secretary-General Roberta METSOLA Alessandro CHIOCCHETTI (1) OJ C, C/2023/594, 27.10.2023. (2) OJ C, C/2023/112, 12.10.2023. (3) OJ L 193, 30.7.2018, p. 1. (4) OJ L 189, 28.5.2021, p. 61. (5) OJ L 122, 10.5.2019, p. 1. ELI: http://data.europa.eu/eli/dec/2024/2300/oj 1/1

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