The European Sting is Your democratic, independent and top quality political newspaper specialized in European Union News. Unique Features: iSting & Harry Sting
The European Parliament approved yesterday the EU proper budget for the next seven years, set at €960 billion in commitments and €908bn in payments (at 2011 prices). This is the Multiannual Financial Framework 2014-2020 providing the financial resources and setting the expenditure limits for all EU institutions and policies. As a general rule the Multiannual […]
Finally, the European Parliament, after obtaining from the Council (that is the member state governments) what was possible to squeeze out in these times of widespread austerity, yesterday approved both the 2014 budget and the 2014-2020 financial framework, which sets limits on EU’s spending for the next seven years. Yesterday, the Budgets Parliamentary Committee voted […]
The Permanent Representatives Committee of the European Union (COREPER) approved yesterday an increase of the 2013 EU budget by €3.9 billion in order to cover outstanding payment needs. This amount complements the €7.3bn of the draft amending budget no. 2 approved by the Council on 9 July. The Council’s position on this draft amending 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 Lithuanian Presidency of the European Union’s Council is now under pressure over the approval of EU’s 2014-2020 budget regulation, referred to as the EU’s Multi-annual Financial Framework (MFF), planned to support EU’s expenses for the next seven years amounting to €1 trillion. The problem is however that the approval of the first EU budget […]
It is usual for any EU country while holding the rotating Council Presidency to boast about its achievements. Boasting becomes sometimes unbearable if the Presidency is held by a small or very small member state like Lithuania, the current holder of the presidential seat in the Council. It was exactly like that earlier today when […]
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 […]
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 […]
The Irish Presidency, with its self-congratulating and artificially sweetened style, announced once more ‘a major breakthrough’ in the EU budget negotiations with the European Parliament, without the slightest reference to the other side’s position. This obvious neglect of basic reporting rules which goes as far as sidestepping of democratic principles, has become standard in Irish […]
It is unbelievable how strongly and some-times unduly the Irish Presidency of the EU Council presses the European Parliament in the negotiations over the Multiannual Financial Framework 2014-2020, which sets the limits for the EU budget spending for the next seven years. The Irish government ministers who are conducting those negations act as if Ireland […]
The Irish Presidency is becoming the Trojan Horse of the EU Council and the Commission in their quest to push the European Parliament into an agreement over the funding of the Union’s budgets from 2012 up to 2020. The legislative has rejected last week the proposal of the Ecofin Council for parallel negotiations for everything […]
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. […]
The European Sting - Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology - europeansting.com 