EU to spend €135.5 billion in 2014 or 6.5% less than this year

The European Parliament might not get it all from the Council but it managed to bring the 2014 EU budget payments limit at €135.5 billion or €500 million more than the initial Council’s position. Commitments were set at €142.6bn that is in line with the Commission’s budget proposal. The initial Council’s position was to restrict […]

Parliament cuts own spending to facilitate agreement on EU budget

The Budgets Committee of the European Parliament made yesterday a new proposal on the 2014 EU Budget, that the European Council cannot deny. Law makers cut down the legislative’s own expenses, but reversed the Council’s proposed cuts in investments to stimulate growth and jobs. In detail Budgets Committee MEPs voted yesterday in favour of cutting […]

The cuts on 2014 Budget will divide deeply the EU

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 […]

Council Presidency: Floundering with the EU 2014 budget

Yesterday the Lithuanian Presidency of the Council made another blunder and a very bad start in its relation with the European Parliament. After the Lithuanian Vice-Minister Algimantas Rimkūnas presented to the plenary of the Legislative the Council a proposal for the EU 2014 Budget, with which many MEPs strongly disagreed, the Lithuanian Presidency issued a […]