The cuts on 2014 Budget will divide deeply the EU

European Parliament, BUDG - Budgets Committee Meeting: 2014 budget Presentation. Alain Lamassoure, Chair BUDG, second from left, Janusz Lewandowski, Commissioner in charge of Financial Programming and Budget, third from left. (European Parliament Audiovisual Services, 26/06/2013).

European Parliament, BUDG – Budgets Committee Meeting: 2014 budget Presentation. Alain Lamassoure, Chair BUDG, second from left, Janusz Lewandowski, Commissioner in charge of Financial Programming and Budget, third from left. (European Parliament Audiovisual Services, 26/06/2013).

Janusz Lewandowki, the EU Commissioner for Budget joined yesterday the European Parliament in repelling the severe cuts on EU funding for 2014 proposed by the Council. The usually low tone Polish Commissioner appeared rather shocked when he understood that the Council proposal was infested with deep reductions in crucial items of the 2014 budget. For the first time the responsible Commissioner for the Budget right after the Council presentation in the Parliament didn’t lose one minute and briefly dismissed the proposal.

It’s now certain that the Council offer for the EU 2014 budget, as presented in the European Parliament by the Lithuanian Presidency, will surely trigger a long fight between the Parliament and the Commission on the one side and the Council on the other. The Sting noted yesterday morning that “The Parliament’s rapporteur on 2014 budget, Anne Jensen (ALDE, DK) observed that the “Council has chosen to do “business as usual” by cutting the Commission’s already very tight budget proposal. It is unacceptable that the Council should make the biggest cuts in growth policies such as research and innovation”. The Lithuanian Vice-Minister Algimantas Rimkūnas who represented the Council in the Parliament made a very negative impression not only related to the cuts.

Even the Lithuanian Presidency’s Press release issued after the Parliament plenary didn’t clarify what kind of Vice-Minister Rimkūnas is for. For one thing it was a probably intended but quite incomprehensible disparagement of the Parliament by the Presidency, sending a Vice-Minister to present the most important item that the legislators are called to discuss and approve or vote down. The discussion on the budget as proposed by the executive and its approval or disapproval has been historically ‘la raison d’être’ of the European Parliament as of any other Parliament in Europe.

An irritated Commissioner

Coming back to Lewandowski, he didn’t chew his words when speaking to the Parliament after the presentation of the Council’s proposal by the Lithuanian Vice-Minister. The EU Commissioner stressed that when the Commission presented its own Budget proposal for 2014 “we were clear in our message – this is not business as usual. Compared to the 2013 budget – including the amending budgets already proposed by sheer necessity – the Draft Budget 2014 is (as proposed by the Commission) a reduction of EUR 9.1 billion, or – 6% for commitments and €8.4 billion, or -5.8% for payments… However, following its tradition, the Council has reduced commitments by another €240 million and payments by over €1bn”.

The Polish Commissioner had more to say about the items that the Council has slashed in its proposal. He noted that those cuts are “at odds with the repeated calls from the European Council to rapidly implement the Structural Funds as well as the programmes for the competitiveness of enterprises and SMEs (COSME) and for research and innovation (Horizon 2020)”.

EU divided

Then Lewandowski threw his glove before the Council by inviting the Parliament to align with the Commission in the fight for the 2014 budget. To this effect he said, “I would ask you, the Parliament, to take account of these concerns during the preparation of your reading of the 2014 budget. I would also like to take this opportunity to thank the Rapporteur, Mrs Jensen, for making available an indicative list of new Pilot Projects and Preparatory Actions…adopted by the Parliament”.

There is no doubt that the fight over the 2014 EU budget will be tough and long. The Lithuanian Presidency will need much more than what Vice-Minister Rimkūnas had to offer during the European Parliament plenary of the last two days. The fight over the budget will presumably outdo the abilities of Vilnius because it will certainly divide deeply the Council itself. It’s highly possible that the whole affair will end up for final disentanglement at the EU Summit of the 28 leaders in December.

 

Advertising

Advertising

Advertising

Advertising

Featured Stings

G20 Finance Ministers and Central Bank Governors met in Washington on April 18. (G20 photographic library).

Everybody for himself in G20 and IMF

Participation of Catherine Ashton, High Representative of the Union for Foreign Affairs and Security Policy and Vice President of the EC at the 17th of April Ukraine talks in Geneva. Ashton, on the right, and US Secretary of State, John Kerry, hold a joint press conference after the plenary session with Ministers of Foreign affairs of US Russia and Ukraine on April 17th, 2014 at the Intercontinental Hotel Geneva. (EC Audiovisual Services, 17/4/2014).

The West and Russia took what they wanted from Ukraine

EBS 2014 logo

European Business Summit 2014 : The Sting Report, Day II – Business, Politics and EBS 2015

László Andor, Member of the EC in charge of Employment, Social Affairs and Inclusion (first from right) and Viviane Reding, Vice-President of the EC in charge of Justice, Fundamental Rights and Citizenship, participated in the 3rd European Roma Summit with Traian Băsescu, President of Romania. Around 500 Representatives of EU institutions, national Governments and Parliaments, International Organisations, Mayors, civil society organisations (including Roma organisations) and local and regional authorities were invited to express their views. (EC Audiovisual Services, 4.4.2014).

EU citizens disenchanted with Economic and Monetary Union over rising poverty and high unemployment

THE ROAD TO GANESHA

Europeans have for the first time ever the opportunity to help draft an EP report via social media. Join LinkedIn group and advise MEP Alejandro Cercas, who is writing the European Parliament’s report on how the Troika - made up of the European Commission, European Central Bank and the International Monetary Fund - has affected people living in the bailout countries. (EP Audiovisual Services, 08-01-2014).

The fatal consequences of troika’s blind austerity policy

STOXX Europe 600 Index record low: 10 January -09 February 2016

2016 crisis update: the year of the Red Fire Monkey burns the world’s markets down

Michel Barnier, Member of the EC in charge of Internal Market and Services, gave a press conference following the adoption by the EC of measures to improve the corporate governance of around 10 000 companies listed on Europe’s stock exchanges. This doesn’t seem though to help much the SMEs which account for 99.8% of EU companies and don’t have access to capital market financing. (EC Audiovisual Services, 09/04/2014).

Eurozone: Negative statistics bring deflation and recession closer

Carlos Moedas, Member of the EC in charge of Research, Science and Innovation (on the right) met Boris Johnson in London, when the latter was the then Mayor of the British capital. (Date: 23/03/2015. Location: London - City Hall. © European Union, 2015 / Source: EC - Audiovisual Service / Photo: Cyril Villemain).

Britain declares trade war on mainland Europe

Main actors of yesterday’s Eurogroup. (left to right) Wolfgang Schauble, German Federal Minister for Finance, Jeroen Dijsselbloem, President of the Eurogroup and Dutch minister of Finance, Olli Rehn, Vice President of the European Commission, Luis De Guindos Jurado, Spanish Minister for Economic Affairs and Competitiveness. (Council of the European Union photographic library, 20/6/2013)

IMF v Germany: Eurogroup keeps the fight under control

European Parliament. Committee on Economic and Monetary Affairs (ECON) meeting; opening discussion on bank crisis resolution legislation. Elisa Ferreira (S&D, PT) (on the left), the lead MEP spearheading the law through Parliament said: "Today Parliament has approved its negotiating position for talks with the Council. We need to reach a deal which is good for financial stability in Europe, not just for the headlines back home”. (EP Audiovisual Services).

The Parliament sets the way for the European Banking Union

Antonio Tajani, European Commission Vice-President, responsible for Industry and Entrepreneurship.

The vehicles of our future

European Parliament. ECON Committee meeting - Debate with National Parliaments. In the foreground Elisa Ferreira (S&D, PT), ECON Rapporteur on the rules dealing with struggling banks. (EP Audiovisual Services).

The Parliament paves the way for the creation of the European Banking Union

Chinese Premier, Li Keqiang and the President of the European Commission, Jean-Claude Juncker at the China-EU Business Summit on 29 June 2015 at Egmont Palace, Brussels (BUSINESSEUROPE, 29/06/2015)

China’s stock markets show recovery signs while EU is closely watching in anticipation of the €10bn investment

European Parliament. Joint meeting of the Committee on Economic and Monetary Affairs (ECON) and the Special Committee on Tax Rulings and Other Measures Similar in Nature or Effect (TAXE). Exchange of views between the TAXE Committee President Alain Lamassoure (on the left) with Commission President Jean- Claude Juncker and Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici (on the right). (European Parliament Audiovisual Services. Event Date: 17/09/2015. Copyright: © European Union 2015).

The EU Parliament blasts the Council about the tax dealings of the wealthy

David Cameron is counting to Manuel Barroso the reasons why the EU immigrants should be stopped from entering the UK but Ed Miliband from the UK labour party can count more. Photo taken during discussions between David Cameron, British Prime Minister, and José Manuel Barroso during a on a Ukranian crisis meeting  between Heads of EU State at the EU Council, earlier this year. (EC Audiovisual Services, 6/03/2014)

Cameron’s Conservatives and UKIP are exploiting and cultivating anti-EU immigration sentiment but Labour party isn’t?

aart_de_geus

Bertelsmann Stiftung @ European Business Summit 2014: Transatlantic Free Trade Agreement (TTIP) needs balanced approach

ECOFIN Council 21/6/2013. Wolfgang Schauble, German Federal Minister for Finance, Pierre Moscovici, French Minister of Finance (from left to right) (Council of the European Union photographic library).

Is the European Banking Union an impossible task?

Mr Cameron is surely undergoing some big stress in view of Thursday's elections. This photo of Mr Cameron, UK's current Prime Minister is taken at last EU Council in April (Council TVNewsroon, 23/04/2015)

What UK and EU risk if Brexit “wins” these elections

Refugees on their dangerous voyage from Turkey to the Greek islands (TVnewsroom European Council)

Refugee crisis update: Commission still in panic while Turkey is to be added in the equation

tsipras 8

EU Summit’s major takeaway: a handkerchief cannot save Greece from austerity

Sergio Marchionne, CEO of Fiat and President of the European Automobile Manufacturers Association (ACEA), on the right, and Antonio Tajani, Vice-President of the EC in charge of Industry and Entrepreneurship.

Is a uniform CO2 emission linked car taxation possible in the EU?

José Manuel Barroso, President of the European Commission, received yesterday Stephen Harper, Canadian Prime Minister. They together reached a political agreement on the key elements of a Comprehensive Economic and Trade Agreement (CETA) after months of intense negotiations. (EC Audiovisual Services, 18/10/2013).

EU signs with Canada historic trade agreement, others to follow

Richard Bruton, Irish Minister for Jobs, Enterprise and Innovation and President of the Council, sitting in the middle, with EU Ministers participating in the signature ceremony and Commissioner Michel Barnier (standing second from right, front row). (EC Audiovisual Services).

The EU patent space and Unified Court are born

Mario Draghi, President of the European Central Bank, (EC Audiovisual Services).

Draghi: Germany has to spend if Eurozone is to exit recession

Kumardev Chatterjee, Founder & President of European Young Innovators Forum

It’s Time to Disrupt Europe, Digital First

José Manuel Barroso, President of the European Commission (on the right), and Vítor Caldeira, President of the European Court of Auditors, participated in the annual joint meeting between the Court of Auditors and the College of the EC. (EC Audiovisual Services).

Court of Auditors: EU budget money is there to be spent not to create value

From left to right: Wolfgang Schauble, German Federal Minister for Finance; Maria Fekter, Austrian Federal Minister for Finance, 24/03/2013. (Council of the European Union photographic library).

Eurozone dignitaries play with people’s life savings

Mario Draghi, ECB President speaking at the European Parliament. (EP Audiovisual Services).

Draghi’s ‘quasi’ announcement of a new era of more and cheaper money

José Manuel Barroso, President of the EC, received Mariano Rajoy Brey, Spanish Prime Minister. Spain and Greece both suffer of unemployment rates of up to 27%. (EC Audiovisual Servisec, 05/06/2013 ).

How distorted is the EU labour market by this crisis?

China Unlimited Europe 2015

China in My Suburbs

Algirdas Šemeta, Member of the European Commission in charge of Taxation and Customs Union, Audit and Anti-Fraud, gave a press conference yesterday on a new study confirming that billions are lost in VAT evasion and fraud, thus creating a gap between actual and potential tax income for member states. (EC Audiovisual Services).

The Commission accused of tolerating corruption and fraud in taxation

Joint press conference by Karmenu Vella, Member of the EC in charge of Environment, Maritime Affairs and Fisheries and Hans Bruyninckx, Executive Director of the European Environment Agency (EEA) on the presentation of the 'European environment - state and outlook 2015' report. From left to right, Enrico Brivio, Karmenu Vella and Hans Bruyninckx (EC Audiovisual Services, 3/03/2015)

EU to fail 2050 Green targets due to lack of European citizens’ engagement

UNMISS peacekeepers have been assisting displaced civilians in South Sudan by providing protection, building sanitation facilities and giving medical support. Photo: UNMISS

EU leads the torn away South Sudan to a new bloody civil war

Xi-Jinping COP21 Paris UNFCCC

COP21 Breaking News: China has promised to cut emissions from its coal power plants by 60% by 2020

The new ECB premises in Frankfurt am Main, Germany (the tower on the right). (ECB Audiovisual Services 28/11/2014).

Negative inflation hits Eurozone, ECB to print and distribute one trillion euro earlier than expected

Matteo Renzi

The umpteenth Italian overturn takes Renzi and PD to unprecedented victory at EU elections

Mario Draghi looks confident here defending Quantitative Easing in 2015, at the EP Committee on Economic and Monetary Affairs Monetary Dialogue, last November. Mario Draghi is the President of the European Central Bank (EP Audiovisual Services, 17/11/2014)

Does Draghi have another ace up his sleeve given his Quantitative Easing failure?

Johannes Hahn, European Commissioner for Regional Policy (EC Audiovisual Services)

Regional competitiveness and growth: a Gordian knot for Europe

MWC14

The European Sting @ Mobile World Congress 2014, Creating What’s Next for the World. Can EU Policy follow?

Pierre Moscovici, Minister of Finance of France, Angel Gurría, Secretary-General of the OECD, Anton Siluanov, Finance Minister of Russia and George Osborne, UK Chancellor of the Exchequer. Moscow, Russia, G20 meeting (from left to right). OECD photographic library, 19 July 2013.

OECD: Mind the financial gap that lies ahead

Facebook Background

European Sting Cookie Policy

Participation of Michel Barnier, Member of the EC in charge of Internal Market and Services at the 'Financial Stability and the Single Market - The Keys to Growth in Europe' conference. (EC Audiovisual Services).

European financial values on the rise

Refugees: the Balkan route starts from the Greek island of Lesbos. A series of EC Audiovisual Services’ stockshots show refugees arriving in Greece and their route through the Balkan countries into EU member states further north. Shoot date: 11/09/2015. Location: Lesbos, Greece. (EC Audiovisual Services. Snapshot from a video footage).

Migration has set EU’s political clock ticking; the stagnating economy cannot help it and Turkey doesn’t cooperate

Jürgen Kröger, Representative of the EC in the Troika (EC/IMF/ECB), Luiz Sá Pessoa, acting Head of Representation of the EC in Portugal, Olli Rehn, Vice-President of the EC in charge of Economic and Monetary Affairs and the Euro and Aníbal Cavaco Silva President of Portugal (from left to right). (EC Audiovisual Services).

Banks get new capital for free and citizens pay the bill

The Bolivian President Juan Evo Morales Ayma (first from right) visited the European Parliament in May 2005 and had an exchange of views with the Parliamentary Committee on Foreign Affairs, in a meeting presided by Elmar Brok, Chair of AFET Committee at the time (second from right). (EU Parliament photographic library, 15/05/2006).

Bugged Europe accepts US demands and blocks Morales plane

NEC Logo

NEC @ European Business Summit 2014: The Digitally Enabled Grid

Jean-Claude Thébault, Director General of the Bureau of European Policy Advisers (BEPA), and Margaritis Schinas, Deputy Director General of the BEPA, participated in the seminar on Public Investment Banks, which was organised in Brussels by the BEPA. In the rostrum, Jonathan Faull, Director General of Commission’s DG "Internal Market and Services". (EC Audiovisual Services).

Banks promise easing of credit conditions in support of the real economy

JADE Romania Celebrates the 4th Anniversary

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s