About: EU budget

Economy & Jobs 02-02-2021

EU Commission wants extra €1.5 billion to fight pandemic

The European Commission on Monday (1 February) said it will need to tap into the EU budget margins this year – around €1.5 billion – to monitor progress made with vaccination campaigns, finance pharmacovigilance studies, and fight against the new variants of COVID-19.
Economy & Jobs 15-12-2020

French cycling route receives EU funds for being ’emissions-free’

The ViaRhôna, a green and heritage-filled 815-kilometre long cycling route in southeast France, has received more than €2 million in EU funds during the 2014-2020 budget period  because of its environmental component. EURACTIV France reports.
Economy & Jobs 10-12-2020

EU leaders unlock historic €1.8 trillion budget deal

EU leaders accepted on Thursday (10 December) the compromise reached between Germany and Hungary and Poland to unblock the EU budget package totalling €1.8 trillion, after the European Commission clarified that the Rule of Law mechanism will be valid from 1 January.
Economy & Jobs 10-12-2020

EU leaders to decide on compromise to unblock EU budget package

EU leaders will discuss on Thursday (10 December) whether to approve the compromise negotiated by the German presidency to drop Hungary and Poland’s vetoes to the EU budget deal, postponing of the Rule of Law mechanism until EU judges validate it.
Economy & Jobs 07-12-2020

EU gives Hungary and Poland 24 hours to lift veto

The EU will start preparing a recovery fund against the pandemic without Hungary and Poland unless the two countries lift by Tuesday their veto to the EU budget and the stimulus totalling € 1.8 trillion agreed last July, a senior EU diplomat said.  
Economy & Jobs 02-12-2020

Commission considers options for recovery fund without Hungary and Poland 

The European Commission is assessing options to circumvent Hungary and Poland’s veto to the EU budget and the recovery fund, and could come up with a proposal early next year if their blockade remains, a senior EU official confirmed on Wednesday (2 December).
Economy & Jobs 26-11-2020

Poland, Hungary propose two-track way out of EU budget deadlock

Poland and Hungary reaffirmed on Thursday (26 October) their opposition to tying EU finds with the rule of law in member states and instead offered their own proposal for breaking the deadlock that is holding back the EU's €1.81 trillion seven-year budget and the recovery fund.

Greek official: Rule of law discussion is ‘bigger than the EPP’

Hungary and Poland's opposition to Brussels' oversight of the rule of law and their vetoes over the long-term EU budget and the coronavirus recovery fund are symptomatic of bigger problems in the EU that go beyond the divisions within the centre-right European People’s Party (EPP), a Greek government official told EURACTIV.
Economy & Jobs 16-11-2020

Hungary and Poland veto stimulus against pandemic 

Hungary and Poland blocked the approval of the EU’s seven-year budget and the recovery fund totalling €1.81 trillion, as both countries continued to oppose the rule of law mechanism attached to the EU funds. 
Economy & Jobs 29-10-2020

Parliament and Council near agreement on rule of law conditionality

The European Parliament and the Council were close to reaching an agreement on Thursday (29 October) on the Rule of Law conditionality attached to EU funds, but they continued to disagree on how to trigger the mechanism.
Economy & Jobs 09-10-2020

European Parliament walks out of EU budget negotiations

European Parliament budget negotiators walked out on Thursday night (8 October) from negotiations with member states and suspended all further talks until next week, saying they "will come back to the table once there is a real will from the Council’s side to find an agreement".
Economy & Jobs 08-10-2020

EU budget talks: Parliament sees the ball in German presidency’s court

Negotiations on the EU's long-term budget will enter their seventh round on Thursday (8 October). The European Parliament, which demands more money for EU programmes and clarity on the rule of law, views the ball in the German Council Presidency's court. EURACTIV Germany reports.
Economy & Jobs 18-09-2020

No progress on EU’s long-term budget negotiations

EU member states and the European Parliament continued to disagree on Friday (18 September) on whether to increase the Union’s long-term budget, complicating attempts to reach a quick agreement on the badly needed recovery fund for the member states.
Economy & Jobs 18-09-2020

It is optimistic to expect recovery funds by mid-2021, says EU official

The approval process for the EU’s €750 billion recovery funds may take longer than foreseen, and it would be optimistic to expect the first disbursements by mid-2021, an EU official said on Thursday (17 September).
Economy & Jobs 22-07-2020

German industry pleased with EU summit result

German business associations are cheering the deal EU leaders reached at a marathon summit that ended on Tuesday morning (21 July), and they have every reason to do so, explains economic researcher Jürgen Matthes. But some observers are displeased with cuts in funding for innovation, research or defence. EURACTIV Germany reports.
Economy & Jobs 08-07-2020

EU to face difficulties without a deal on recovery plan, Budget Commissioner warns

If EU leaders fail to reach an agreement on a pandemic recovery package next week, “we will enter into difficulties,” the EU Commissioner for Budget, Johannes Hahn, warned during an event in Brussels on Tuesday (7 July).
Economic governance 07-07-2020

Joint EU debt must not become a regular thing, says Germany’s Weidmann

A decision by European leaders to issue joint debt to finance coronavirus aid for weaker member states should remain an exemption and not serve as a blueprint for future budget challenges, Bundesbank President Jens Weidmann said on Sunday (26 July).
Economy & Jobs 02-07-2020

Von der Leyen calls mini-summit to push for a deal on recovery plan

European Commission president Ursula Von der Leyen called on Thursday (2 July) a mini-summit for next week with her counterparts at the Council, Parliament and German Chancellor Angela Merkel to work towards a deal on the EU recovery package.
Future EU 30-06-2020

Merkel and Macron show unity ahead of all-important EU summit

In a show of unity, French President Emmanuel Macron and German Chancellor Angela Merkel met on Monday (29 June) and reaffirmed their commitment to the EU Recovery Fund, voicing hope that EU leaders would overcome their current differences. EURACTIV Germany reports.
Economy & Jobs 19-06-2020

Merkel on EU Recovery Fund: ‘The bridges we have to build are large’

The European Council summit ended on Friday (19 June) without agreement on the EU recovery fund. However, German Chancellor Angela Merkel made it clear that she wants to act quickly, and the next round of negotiations is scheduled for mid-July. EURACTIV Germany reports.
Politics 19-06-2020

MEPs want Czech PM removed from EU budget talks

A European Parliament resolution calls for Czech Prime Minister Andrej Babiš to be excluded from EU budget negotiations over alleged conflicts of interest related to EU subsidies received by his former business empire. EURACTIV Germany reports.
Economy & Jobs 18-06-2020

No consent to ‘historic’ recovery plan without new revenues, MEPs warn

The European Parliament will only give its consent to a new EU long-term budget if the basket of own resources is increased to pay for the recovery fund, the main political groups warned in a letter addressed to EU leaders ahead of Friday's (19 June) summit. 
Politics 27-05-2020

Taming the ‘Frugal Four’: the challenge facing the German Presidency

The European Commission has presented its proposal for a recovery fund as part of the draft EU budget. Now the member states must be convinced, a task that will fall on Berlin when Germany takes over the EU Council Presidency in July, EURACTIV Germany reports.
Economy & Jobs 14-05-2020

Von der Leyen unveils details of EU’s upcoming COVID-19 recovery plan

European Commission president Ursula Von der Leyen shed some light on her upcoming COVID-19 recovery plan in the European Parliament on Wednesday (13 May) but did not unveil the size of the updated EU budget that will underpin the plan.