The Commission offers exit from the EU budget stalemate

The European Commission took action yesterday to unlock the double stalemate over the approval of both, the 2014 EU budget and the Multiannual Financial Framework 2014-2020. The MFF sets the spending ceiling of all EU bodies at €960 billion for the next seven years. To overcome the dead-end Commissioner Janusz Lewandowski responsible for budgets, proposed […]

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 […]

EU Parliament says ‘no’ to austerity budget

The much-advertised agreement between the European Parliament, the Council and the Commission on EU’s proper budgets for the next seven years seems to be more like wishful thinking rather than reality. Some days ago the Irish Presidency of the European Council issued a Press release saying that the EU Parliament agreed on the overall spending […]

EU budget deal struck with Parliament negotiators

Negotiations for the European Union proper budgets for the 2014-2020 period between European parliament representatives, the Irish Presidency and the European Commission have been concluded. This is the so-called Multiannual Financial Framework 2014-2020, setting the ceiling for EU spending. The agreement will now be submitted to both the Council and the European Parliament for final […]

Austerity lovers and ‘relaxationists’ fight over the EU budget

The efforts to reach an agreement between the three most important EU bodies, the Council, the European Parliament and the Commission over the Multiannual Financial Framework 2014-2020, for the Union’s proper spending power, will test not only the cohesion of the EU but also the abilities of the ‘austerity lovers’ to wreak their policy options. […]