On 7 April 2015, EIOPA announced that it has re-prioritised its 2015 work programme due to a (7.6%) reduction in its budget and published a revised version of the programme to reflect this.   EIOPA noted that 31 projects had been reduced in scope, 12 had been downgraded and 27 had been eliminated.  EIOPA has confirmed that Solvency II work will remain at the top of its agenda, but that this will also be adversely affected.  EIOPA's latest press release notes that some projects on its 2015 programme have been "severely hit" including areas such as, financial stability and consumer protection.