- Extraordinary joint meeting of the Committee on Budgets (BUDG) and the Committee on Economic and Monetary Affairs (ECON) on Monday, 23 February 2015 from 17.30 to 19.00, meeting room PHS 1A002, Brussels
- Joint meeting of the Subcommittee on Security and Defence (SEDE) and the Committee on Budgets (BUDG) on Thursday, 26 February 2015 from 9.00 to 9.45 & the BUDG Committee meeting from 9.45 to 12.30, meeting room JAN 4Q1, Brussels
Financing Public Expenditure: Some Key Figures at EU and National Levels
Some 3,000 workers made redundant in Belgium, Germany and Poland in 2013-2014 should receive EU aid worth €6.3million to help them find jobs, the Budgets Committee recommended on Thursday. The European Globalisation Adjustment Fund (EGF) aid still has to be approved by Parliament as a whole and the Council of Ministers. (Read more)
Next year’s EU budget priorities should be fostering growth by helping employment, enterprises and entrepreneurship, showing solidarity both within the EU and with countries outside it and putting EU finances in order by tackling the overdue payments backlog and reforming the EU revenue system, say Budgets Committee MEPs in a resolution voted on Thursday. (Read more)
EU budget funding must be reformed, but not by adding to the burden on taxpayers, urged Budgets Committee MEPs in Thursday’s debate on the first report by the High Level Group on Own Resources (HLG). Headed by former Italian prime minister Mario Monti, the HLG is working on proposals for a simpler, fairer, more transparent and more democratically accountable system, which the European Parliament has been advocating since 2006. (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,