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BUDG 11-12-2014 - 12:51  

Some 6,000 workers made redundant in France, Greece, Italy and Poland should receive EU aid worth €35.5 million to help them find or create jobs, recommended the Budgets Committee on Thursday. The European Globalisation Adjustment Fund (EGF) aid still has to be approved by Parliament as a whole and the Council of Ministers.

BUDG 08-12-2014 - 19:05  

A provisional agreement on the European Union budget for 2015 and the means to settle this year’s most urgent unpaid bills was reached by negotiators for Parliament and the Council on Monday. The deal still needs to be endorsed both by the full Parliament and the Council. For payments, MEPs secured €4.8 billion more to pay bills for 2014-2015. For 2015, the negotiators agreed to a compromise of €145.3 billion in commitments and €141.2 billion in payments.

Presentation and competencies
Committee responsible for:
1.    the multiannual financial framework of the Union’s revenue and expenditure and the Union’s system of own resources;
2.    Parliament’s budgetary prerogatives, namely the budget of the Union as well as the negotiation and implementation of interinstitutional agreements in this field;
3.    Parliament’s estimates according to the procedure defined in the Rules;
4.    the budget of the decentralised bodies;
5.    the financial activities of the European Investment Bank which are not part of European economic governance;
6.    the budgetisation of the European Development Fund, without prejudice to the powers of the committee responsible for the ACP-EU Partnership Agreement;
7.    financial implications and compatibility with the multiannual financial framework of all Union acts, without prejudice to the powers of the relevant committees;
8.    keeping track of and assessing the implementation of the current budget notwithstanding Rule 95(1), transfers of appropriations, procedures relating to      the establishment plans, administrative appropriations and opinions concerning buildings-related projects with significant financial implications;
9.    the Financial Regulation, excluding matters relating to the implementation, management and control of the budget.
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Welcome words

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,
Jean Arthuis