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Next meeting of the Committee on Budgets

The next BUDG Committee meeting will take place on 3 & 4 November in Brussels.

Hearing of Vice-President-designate of the Commission, Ms Kristalina Georgieva

On 2 October 2014 the Committee on Budgets (BUDG), together with the Committees on Budgetary Control (CONT) and on Legal Affairs (JURI) held a Joint Hearing of the Vice-President designate for Budget and Human Resources, Ms Kristalina Georgieva.
The hearing began with an opening statement of the Commissioner-designate outlining the main priorities in her prospective portfolio and the initiatives she considered putting forward during her mandate. Following her introductory remarks, Ms Georgieva replied to questions from Members of the three Committees. Following the hearing, Coordinators met to evaluate the Commissioner-designate. Recordings of the hearing are available via the link below.

Latest press releases
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BUDG 13-10-2014 - 17:02  

Over 3,100 workers made redundant by Peugeot Citroën Automobiles (PSA) in France and crude steel producer Carsid SA Belgium are to get EU aid worth €13.5 million to help them to find or create new jobs. The European Globalisation Adjustment Fund (EGF) aid, approved by Budgets Committee MEPs on Monday, still has to be approved by Parliament as a whole and the Council of Ministers.

BUDG 07-10-2014 - 11:43  

Over a thousand former workers at firms producing metals in Communidad Valenciana (Spain) and cars around Genk (Belgium) should get EU aid to help them find new jobs, the Budgets Committee recommended on Tuesday. The proposed European Globalisation Adjustment Fund (EGF) aid still needs to be approved by both Parliament as a whole and the Council of Ministers.

BUDG 07-10-2014 - 11:31  

Figures detailing 2015 budget funding for the EU’s priority growth and jobs policies, education - including the EU's Erasmus+ student mobility programme - and its humanitarian and support work in war-stricken and neighbouring zones were approved by Budgets Committee MEPs on Tuesday. These figures will be put to a vote by Parliament as a whole at the October plenary session.

BUDG 30-09-2014 - 11:11  

Extra funds should be added to the EU’s 2015 budget for growth and jobs policies, education, including the EU's Erasmus+ student mobility programme, and EU humanitarian and support work in war-stricken zones, said the Budgets Committee in votes on Monday and Tuesday. It also recommended that the European Parliament as a whole should reverse cuts sought by the Council of Ministers in planned and actual expenses.

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