Tag: financial perspective

The EU needs more unity and less controversy and is not just about what France, Germany or the UK wants, Polish State Secretary for European Affairs Mikołaj Dowgielewicz told EurActiv.fr in an interview. He discussed the plans of the Polish EU Presidency, which will begin in July 2011.

The European Parliament is sticking to its guns by insisting on including in the 2011 EU budget "political commitments" which were recently rejected by the UK and the Netherlands, it emerged after a debate held on the EU assembly's premises in Strasbourg yesterday (23 November).

On his first visit to Brussels, Polish President Bronisław Komorowski stressed his continued backing for European assistance to poorer regions and farmers ahead of EU budget talks later this year.

The financial crisis requires "exceptional policy responses in order to preserve jobs, livelihoods, financial stability and ultimately political support for open markets," write Jean Pisani-Ferry, André Sapir and Jakob von Weizsäcker of the Bruegel think-tank in a November paper.

The European Commission will "in the coming weeks" launch a new one million euro project to help young Europeans make the right choices for their savings and investments in a bid to prevent a repeat of the financial turmoil generated by the US sub-prime mortgage crisis.

Commission President José Manuel Barroso made it clear, at the start of a public consultation on the review of the EU's €126.5 billion/year budget, that he regards the exercise as a unique opportunity to put all of the Union's political priorities up for discussion.

German economy minister Michael Glos challenges the Commission's powers to define which kinds of investments are relevant to the EU's Jobs and Growth strategy.

There is a gap of more then 10 billion euros between Parliament and the Council to be closed before a final budget deal can be reached. 

With the Parliament rejecting the hard fought long term EU budget deal, Austria is arguing for an EU tax to avoid tiresome cash negotiations in the future.    

On the day following her election as German chancellor, Angela Merkel has sought common ground in Brussels and Paris. On 24 November 2005 she is travelling to London.

In what may turn out to be a last-ditch effort to embellish the British Presidency's record, the UK has announced plans to re-start, on 7 November 2005, the talks on the EU's 2007-2013 financial perspective.

A leading MEP has issued an EU-wide 'missing person's bulletin', lambasting the UK for having had a poor EU presidency.

'Old' EU countries are still the biggest beneficiaries of EU money, the Commission's allocated expenditure figures for 2004 say. Spending on the EU administration exceeds the allocation to many of the smaller EU countries.

Britain should offer to cut the rebate further to secure wide-ranging CAP reform, including the scrapping of farm export subsidies and farm import tariffs, says John Peet in a policy brief for the think tank the Centre for European Reform.

Budget Commissioner Gyrbauskaite talked to EurActiv on the failure of the 16-17 June EU Summit to reach an agreement on the financial perspective, the EU's long-term budget framework.

The UK presidency made an 864 billion euro deal at the EU summit in  December 2005, which Parliament then managed to top up with an extra 4 billion euros on 4 April. This political agreement is set to get a final green light on 17 May.      The overall budget deal, reached in the early hours of 17 December, raised the 2007-2013 budget to 862.3 billion euros, or 1.045 percent of EU Gross National Income. Compared to the Luxembourg June 2005 compromise it is still a decrease of 22 billion euros.

During the European Council on 16-17 June 2005, EU leaders had failed to reach an agreement.  A row between Britain and France over the UK's yearly budget rebate were among the major stumbling blocks as was the size of the payments of other net-contributing countries to the EU budget.

EU leaders fail to reach a deal on the budget framework for 2007-2013. Jean-Claude Juncker admits that Europe is in "a deep crisis"

The great debate about the EU budget is underway. But what’s it all about? In this article published by café babel, Alice Desthuilliers provides a guide to the EU's revenue and expenditure.

After two lost referenda, the EU desperately needs an agreement on its financial framework for 2007-2013 but its member states are strongly divided over the issue.

EU finance ministers failed to make progress on the budget framework for 2007-2013. However, they did propose a voluntary tax on air tickets in member states to finance development aid.

Adopting the Böge report on the next financial perspective, the EP's special committee insisted on savings in agricultural and administrative spending and budget increases for research, justice and security as well as foreign policy.

The Commission presented its plans to invest more money in research and development, transport and energy, security and justice and health and consumer protection, and warned of the consequences of a delay in the financial perspective deal.

The Parliament's Temporary Committee on the financial perspective 2007-2013 has put its weight behind the Commission's EU budget proposals. However, many diplomats believe no deal on the long-term budget will be reached before June.

EurActiv gives an overview of the main EU policy debates that will dominate the agenda in 2005. From enlargement to climate change and the financial perspectives.