European Parliament launches ‘own resources’ group

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European Commission President Jose Manuel Barroso, European Parliament President Martin Schulz and Greek Prime Minister Antonis Samaras kicked off the European Parliament’s ‘own resources’ group on Tuesday in Strasbourg. Chaired by former prime minister of Italy, Mario Monti, the High level he group has been tasked with studying the current system of income to the EU budget and suggesting possible improvements to it, as agreed by the institutions during negotiations on the EU’s seven-year budget.

“I believe that own resources can be the heart of our integration potential today and I think in settling it might be a big leap forward for the Union, both symbolically and essentially.” said Greek Prime Minister Antonis Samaras.

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