The Council’s version of the draft EU budget for 2015 disregards its own political pledge to spur economic growth and job creation, MEPs said after Council Presidency representative Enrico Zanetti presented it in plenary session on Tuesday. EU member states propose a budget of €145.077 billion in commitments and €139.966 billion in payments, i.e. cuts […]
Europe’s Budget, All Wrapped Up. Now, Just The Card To Sign…
After months of complex negotiations, Parliament gave its blessing to the EU’s long-term budget for 2014-2020 on Tuesday. All the conditions set out in its July resolution – which followed a political agreement at the highest levels between Parliament, the Irish Presidency and the Commission were met. The overall budget for the next seven years […]
The Mother of All Budgets. Budget Committee Approves MFF…
The Mother of All Budgets is inching towards the maternity suite. Parliament’s Budgets Committee has approved the EU’s long-term budget (Multi-annual Financial Framework – MFF) for 2014-2020 and the deal struck in this week’s negotiations on the budget for 2014, the first year under the new MFF. Parliament’s final votes on these budgets are scheduled […]
We Avoided EU Budget Default Says Giovanni La Via
“I want to strongly emphasise that today’s approval of the draft amending budget (DAB 6/2013) does not eliminate the need for fresh money to pay the bills already submitted by the Member States, not to mention those coming up in November and December, which will inevitably affect the already tight 2014 budget”, said Giovanni La […]