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 […]
EU Budget 2014 – “Deal”. Parliament and Council Get It Together…
After negotiating through the night, Parliament and Council struck a deal on the EU budget for 2014, which also provides for remedying payments shortfalls in in the current fiscal year. MEPs ensured that victims of catastrophic flooding and drought in 2013 will be compensated, and that its priorities for 2014 in areas such as employment, […]