EU budget
Budgets Committee votes urgent €2.7 billion amending budget to avert 'shutdown'
MEPs approved €2.7 billion in additional EU funding on the evening of 22 October during an extraordinary meeting of Parliament's Budgets Committee. The amending budget (N° 6) is needed because revenue from import duties collected at the EU's external borders is far lower than was forecast by Eurostat (and endorsed by the member states) and thus had to be replaced by a higher GNI contribution.Budgets Committee members posed many questions prior to the vote. "Why do we learn only on Monday that the Commission is on the brink of a shutdown," several MEPs asked Budget Commissioner Janusz Lewandowski.
Lewandowski in turn blamed a number of countries for "continuous under budgeting". He said: "Some of them take a pleasure in always being against and this is really causing the problem we see ourselves confronted with." Asked how bad the situation really is, Lewandowski replied that the Commission had stopped signing new contracts and that even with the additional €2.7 billion there would be a shortage in 2013.
Parliament will vote its position on the 2014 budget on 23 October, but as long as the budgetary shortfalls identified earlier in 2013 are not remedied, this will negatively affect the 2014 budget negotiations and progress on the long-term budget for 2014-2020 (Multi-annual Financial Framework), which still needs to be approved in Parliament.
Share this article:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
-
Brexit5 days agoStepping out...to get the UK back in European Union
-
Gender equality5 days agoEurope must not turn its back on rural women’s empowerment
-
Animal welfare5 days agoCommission accelerates transition away from animal testing in chemical safety assessments
-
Health3 days agoCounterfeit cigarettes drive illicit tobacco trade to highest level in a decade, new study claims
