On 29 September, the Committee on Budgets approved three proposals to mobilise the European Globalisation Adjustment Fund. Following this approval, financial support will be provided for the reintegration into the labour market of a total of 7376 redundant workers of three companies (Ford Genk/Belgium, Adam Opel Bochum/Germany and Gruppo Alitalia/Italy), as well as suppliers and downstream producers, for a total of EUR 14,6 million.
Council cuts in EU 2016 budget funding for refugees and agencies dealing with migrants were reversed by Budgets Committee MEPs in votes on Monday and Tuesday. MEPs also added funding for youth employment programmes, the Erasmus + student mobility programme and for research, transport and energy networks. (Read more)
Germany, Belgium and Italy should get over €14.6 million in EU aid to help more than 7,300 workers made redundant by three firms get back on to the job market, following a vote by the budgets committee on Tuesday. The European Globalisation Adjustment Fund (EGF) aid still needs to be approved by Parliament as a whole and by the Council of the EU. (Read more)
Bulgaria and Greece should get €16.3 million in EU aid to help repair damage done to public and private infrastructure by exceptionally severe weather conditions early in 2015, said the Budgets Committee on Monday. This European Solidarity Fund aid still needs to be approved by Parliament as a whole in October. (Read more)
Welcome to the website of the Committee on Budgets in the European Parliament, which is one of the two arms of the EU budget authority, the other being the Council. The committee, which has 41 full members and an equal number of substitute members, discusses, amends and adopts the Union budget together with the Council.
The primary function of the EU Member States’ parliaments, alongside law-making, has always been to approve taxation. In contrast, the European Union cannot raise taxes, as this is a prerogative that remains within the remit of the Member States and will continue to do so until such time as the EU is given its own resources. The EU does, however, have a budget with which to fund European policies and run the European institutions.
I intend to devote all my energy, experience and know-how to making the EU budget a genuine driving force for growth and jobs. With this in mind, I am determined to ensure that the opportunity which the mid-term review of the multiannual financial framework provides for a thorough renegotiation of that framework with the Council is seized. We will also be addressing a number of other important issues, including the budget for the euro zone, the introduction of a genuine own-resources system and the long-standing problem of outstanding commitments. The Committee on Budgets intends to do everything within its power to give the EU a new impetus and a new meaning.
With my very best wishes,