Next year’s EU budget priorities should be to foster growth by supporting job-creation, firms and entrepreneurship; to show solidarity with countries both inside and outside the EU; and to put EU finances in order by tackling the overdue payments backlog and reforming the EU's revenue system, said Parliament in a resolution passed on Wednesday.
ˮThe EU needs to promote employment, strengthen our citizens' skills, support businesses - SMEs in particular - and encourage entrepreneurship across the EU. The 2016 budget must have a tangible positive impact on citizens’ lives," said Mr José Manuel Fernandes (EPP, PT), the MEP steering the 2016 budget through Parliament. The guidelines were adopted by 484 votes to 188, with 36 abstentions.
The budget guidelines - which Parliament expects the Commission to follow in drawing up its budget proposal - are summarized below.
Employment, enterprises and entrepreneurship for growth
Internal cohesion and external solidarity
Overdue payments and own resources
The budget guidelines are the first document that Parliament produces during the annual budget procedure. The Multi-annual Financial Framework ceiling for 2016 is €150.217 billion in commitment appropriations.
The Commission will table its proposal in late May. Next year's budget must be agreed between the Council and Parliament by the end of December.