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 Full text 
Tuesday, 22 October 2019 - Strasbourg Provisional edition

General budget of the European Union for 2020 - all sections (debate)

  Siegfried Mureşan, rapporteur for the opinion of the Committee on Economic and Monetary Affairs. – Madam President, the year 2020 is the last year of the current Multiannual Financial Framework, and so we have to make sure that we equip the budget with enough resources in order for the European Union to deliver towards all the beneficiaries. There is no worse signal that we can give to the beneficiaries than a European Union not capable of paying its bills. We have all seen at the European elections that people come out and vote in large numbers. They want jobs, growth and security. Students and researchers expect support, farmers expect support, and cities and villages expect support through cohesion policy. We have, of course, to listen to them.

I am speaking here on behalf of the Committee on Economic and Monetary Affairs (ECON). On behalf of the Committee, we expect three things: firstly, enough resources for investments in the EU economy; second, the completion of the capital markets union; and thirdly, completion of the economic and monetary union. That’s why of the utmost importance for us are the resources for the European Fund for Strategic Investments (EFSI), the Juncker Investment Plan. Minister, I cannot understand why the Council is proposing to cut the financing by EUR 90 million to this successful project which we, the Parliament, are defending. This is why I am telling you, very clearly and openly, that the European Parliament will not vote a budget for the EU 2020 with any cuts to the Juncker EFSI Investment Plan.

Last updated: 5 November 2019Legal notice