Examples of using The outstanding commitments in English and their translations into Slovak
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Programming
The outstanding commitments are thoroughly analysed by the Commission.
However, the only way to resolve the outstanding commitments(RAL) is either to decommit or to pay.
The outstanding commitments related to the financial framework 2000-2006 amount to 29,3 billion euro.
However, almost 80% of the outstanding commitments are from 2007 and 2008 and therefore related to the 2007-2013 financial framework.
As mentioned in paragraph 3.7, structural operations- the Structural Funds and the Cohesion Fund-represent the majority share of the outstanding commitments.
At the end of 2009, the outstanding commitments("reste à liquider", RAL) corresponding to the 2000-2006 period amounted to EUR 8.4 billion.
Apart from commitments remaining open because of legal proceeding the 1994-1999programmes have largely been closed and the outstanding commitments as at 31 December 2006 were down to under 0,6%(917 million euros) of the original allocations.
At the end of 2010, the outstanding commitments("reste à liquider", RAL) corresponding to the 2000-2006 period amounted to EUR 5.7 billion.
At the 2012 financial year end, the outstanding commitments and liabilities needing to be funded together amounted to around 313 billion euro.
As regards the Commission, it is all very nice to talk about noble objectives such as investing in youth and education, promoting the study of languages and fostering innovation for economic development and job creation in Europe, but the Auditors' report gives no comfort on how European Union funds are being spent,nor do the outstanding commitments show the EU is very good at planning.
In the annual accounts the outstanding commitments for the last three years of the 2000 to 2006 period represent about 95% of their total amount.
The outstanding commitments have reached an all-time high of EUR 238 billion, by the end of 2016, 72% higher than in 2007 and equivalent to 2.9 years of payments compared to 2.2 years in 2007.
For the Structural Funds(whichrepresents the major proportion of differentiated expenditure and the outstanding commitments) the high level of spending needs to be further increased to ensure that the deadline for beneficiaries to incur expenditure(end of 2008) is met for the 2000 to 2006 programmes.
The outstanding commitments of 176,3 million euro(27,1%) will be used to cover future payments for the ongoing FP7 and TEN-T grant agreements, which are expected to be closed by the end of 2016(13).
As highlighted in 2005(9), the already high rate of spending in the Structural Funds(whichrepresents the major proportion of differentiated expenditure and the outstanding commitments) needs to be further increased in 2007 and 2008 to ensure that the deadline for beneficiaries in Member States to make payments(end of 2008) is met for the 2000-2006 programmes.
A large share of the outstanding commitments(RAL) at the end of 2008 merely consists of the difference between the commitments on the new programming period and the advances paid.
Notes that consequently, the outstanding commitments at the end of the current financing period could be even higher than in the previous one;
At the end of 2006, the outstanding commitments corresponding to the 2000-2006 period amounted to€ 15 682 million(€ 13 206 million for CF and€ 2 476 million for ex-ISPA projects).
For cohesion policy, the outstanding commitments for the period 2007-2013 have decreased by almost 40%(EUR 52 billion) to EUR 80,6 billion in 2014, thus marking the end of an upward trend observed until end of 2013.
At the end of 2008, the outstanding commitments("reste à liquider", RAL) corresponding to the 2000-2006 period(including two new Member States: Bulgaria and Romania) amounted to€ 11.77 billion, down from 2007(€ 14.80 billion).
Regrets, in particular, that the outstanding commitments increased significantly by the end of 2016, to reach EUR 238 billion, and that the increase relative to the figure for 2015- over EUR 21 billion- was twice as high as initially expected;
An analysis of the outstanding commitments(‘RAL'(10)) by the year of origin as published in the annual accounts(11) shows the impact in the area of Structural Funds of efforts to settle outstanding commitments by payments prior to the application of the automatic decommitment rule.
Concerning the outstanding commitments for Structural Funds for the old programming period 2000 to 2006, a decrease by 41% from 78 billion euro(2,4 years worth of payments at the 2007 spending rate) to 46 billion euro(1,5 years worth of payments at the 2007 spending rate(6)) can be noted(7).
It is important to differentiate between the outstanding commitments(RAL) stemming from the time-lag between commitments and payments for multiannual programmes(the‘normal' RAL) and the RAL resulting from the‘abnormal backlog' created by the shortage of payment appropriations which has arisen in recent years.
We recommend that the Commission takes measures to reduce the outstanding commitments, including a quicker decommitment procedure; faster closure of the 2007-2013 programmes; wider use of net correction in spending on cohesion; reducing cash held by fiduciaries; and the compilation of payment plans and forecasts in those areas where outstanding commitments and other obligations are significant.
When an customer is in arrears with its partial payment obligation,the rest of the outstanding commitment/ price of the order/ becomes immediately payable.
Outstanding commitments from the 2000-2006 period.
