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Budget

 

Following an exchange of views with the members of the Committees on Budgets, Budgetary Control and Legal Affairs, a majority of the committees’ coordinators were satisfied that Commissioner Günther Oettinger is in a position to assume the portfolio that is transferred to him and look forward to a close working relationship. (Read more: Committees satisfied that Oettinger is in a position to assume budget portfolio )

 
Interview with Alain Lamassoure  

The EU should in the future have more possibilities to finance itself directly instead of being mostly funded by member states, according to a report to be presented to Parliament on Thursday 12 January. Such a system of own resources was already in place for decades in the past and should be readopted. Report co-author Alain Lamassoure spoke to us ahead of the presentation, pointing out that the proposals would not result in a power shift from national governments to Brussels. (Read more: Lamassoure: Changing how EU is funded won't shift power to Brussels )

 

Three parliamentary committees will quiz Commissioner Günther Oettinger about his new portfolio for Budget and Human Resources, which Commission President Jean-Claude Juncker has asked him to take over from former Commissioner Kristalina Georgieva. (Read more: MEPs to quiz Commissioner Oettinger on new budget portfolio )

 

A proposal to grant Spain €856,800 in EU aid to help find new jobs for 250 former car workers made redundant by 29 firms manufacturing motor vehicle parts in the Valencia region was approved by Parliament on Wednesday. The European Globalisation Adjustment Fund (EGF) aid had already been approved by the Council of Ministers on 12 December. (Read more: MEPs approve €856,800 in job-search aid for 250 redundant car workers in Spain )

 

A proposal to grant Spain €856,800 in EU aid to help find new jobs for 250 former car workers who were made redundant by 29 firms making motor vehicle parts in the Valencia region was approved by the Budgets Committee on Thursday. The European Globalisation Adjustment Fund (EGF) aid still needs to be approved by the Council of Ministers on 12 December, and by a plenary vote in Parliament planned for 14 December. (Read more: MEPs approve €856,800 in job-search aid for 250 redundant workers in Spain )

 

Parliament approves €31.5m in EU aid to repair flood damage in Bavaria

Plenary Session Budget01-12-2016 - 15:01

MEPs approved €31.5 million in EU aid to repair flood damage in Bavaria in a plenary vote on Thursday. Seven people died in the May and June 2016 floods, which affected more than 47,000 people in Lower Bavaria. Over 2,000 were still unable to return to their homes two months later. Hardest hit was the Rottal-Inn district in Lower Bavaria. The aid will come from the EU Solidarity Fund (EUSF). (Read more: Parliament approves €31.5m in EU aid to repair flood damage in Bavaria )

 

EU budget 2017 approved: better support for youth and growth initiatives

Plenary Session Budget01-12-2016 - 12:17
President Schulz sings the Budget for 2017_  

For next year’s budget, MEPs have ensured better support for unemployed youngsters and additional funds to boost key initiatives supporting SMEs, transport infrastructure projects, research and Erasmus+ student mobility. Commitment appropriations for 2017 total €157.8578 billion, and payment appropriations €134.49 billion. (Read more: EU budget 2017 approved: better support for youth and growth initiatives )

 

MEPs have fought for and obtained better support for unemployed youngsters and additional funds to boost key initiatives supporting SMEs, transport infrastructure projects, research and Erasmus+ student mobility. The provisional deal on the EU Budget 2017 with the Council was reached in the early hours of Thursday. After Budget MEPs and Council have formally endorsed the agreement, the new EU budget will be voted in plenary in December. (Read more: EU Budget deal: EP achieves best support for youth and growth initiatives )

 
 

Yazidi survivors and public advocates Nadia Murad and Lamiya Aji Bashar were announced as this year's Sakharov Prize laureates during this week's plenary session in Strasbourg. In addition MEPs called on the European Commission to regulate harmful trans fats in processed food. They also adopted Parliament's position on the EU's budget for next year, insisting on more funds to boost growth, tackle the migration crisis and help to find young people work. Read on for an overview. (Read more: Plenary highlights: Sakharov Prize winners, trans fats, EU's 2017 budget )

 
Budget illustration photo ©AP Images/ European Union-EP  

Parliament demanded more funds, to help young people into jobs, boost economic growth and assist third countries with a view to mitigating the migration crisis, in a plenary vote on Wednesday. MEPs reversed all the Council’s proposed cuts in the draft EU budget for 2017. They expect some of the additional funds needed to come from new appropriations to be obtained through the mid-term revision of the EU’s long-run budget, the Multiannual Financial Framework (MFF). (Read more: More funds needed for youth and jobs in 2017 to honour EU’s pledges, say MEPs )