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The share of EU member states’ budget contributions that is based on gross national income (GNI) should be cut from 64% to 40% of total EU revenue and replaced by real “own resources”, says Parliament in three resolutions voted on Wednesday. Value-added tax based revenue, which today provides 11% of the EU budget, also needs drastic reform, it adds. (Read more: EU “own resources” should cut member states’ contributions to EU budget)

 
 

An extra €150 million for urgent humanitarian aid and food assistance and €37 million for the Instrument for Democracy and Human Rights for this year was approved by Parliament’s Budgets Committee on Thursday. This will enable the European Commission to pay the most urgent bills, but payment problems in the external action field will surely recur in the course of this year, MEPs said. (Read more: Budgets Committee approves an extra €187 million for urgent humanitarian aid )

 
 

EP postpones approval of 2012 accounts of Council and Riga-based BEREC agency

Plenary Session Budgetary control03-04-2014 - 16:03

Parliament signed off the European Commission's accounts for 2012 on Thursday, with reservations over the high error rate in agriculture and regional policy spending by member states. It also postponed approving the 2012 accounts of the Council because of its lack of cooperation, and of the electronic communications regulatory body BEREC, in Riga, because of shortcomings in budgetary management. (Read more: EP postpones approval of 2012 accounts of Council and Riga-based BEREC agency )

 
 

1400 Italian and Spanish workers should get EU support to try and get back on to the labour market after losing their jobs. Parliament's budgets committee approved €5 million from the European Globalisation Adjustment Fund on Tuesday. The decision still needs to be endorsed by Parliament as a whole and the Council of Ministers. (Read more: Budgets committee approves €5 million aid to redundant workers Spain and Italy)

 
 

EU budget fraudsters to face tougher criminal penalties

LIBE CONT Justice and home affairs / Budgetary control20-03-2014 - 11:12

Rules on prosecuting and punishing fraud against the EU budget were voted by the Budgetary Control and Civil Liberties committees on Thursday. In amendments to a draft anti-fraud law, MEPs clearly defined the offences for which member states would have to introduce criminal penalties, such as fraud, passive and active corruption, money laundering or dishonest bidding for public procurement contracts. Fraud costs the EU budget an estimated €600 million each year. (Read more: EU budget fraudsters to face tougher criminal penalties)

 
 

Discharge 2012: Riga-based BEREC agency and Council fail discharge test

CONT Budgetary control17-03-2014 - 16:51

The European Commission’s management of EU funds in 2012 won the Budgetary Control Committee’s “budget discharge” seal of approval on Tuesday. Yet MEPs expressed reservations about the high error rate in agriculture and regional policy spending at national level. In separate votes, discharges to the Council and the Riga-based electronic communications regulatory body BEREC were postponed. (Read more: Discharge 2012: Riga-based BEREC agency and Council fail discharge test )

 
 

EU has to pay its humanitarian aid bills, said budget MEPs

BUDG DEVE Development and cooperation / Budget04-03-2014 - 12:58

The EU must honour its promises to pay humanitarian aid bills by all possible means and make full use of the budget flexibility secured by Parliament, said speakers during a debate on Tuesday in the budgets committee on the funding difficulties affecting EU humanitarian aid. Commissioner Kristalina Georgieva said the EU humanitarian aid portfolio needs a further €400 million. (Read more: EU has to pay its humanitarian aid bills, said budget MEPs)

 
 

Unemployed textile workers in Spain’s Valenciana region could get European Globalisation Adjustment Fund (EGF) aid worth €840,000 to help them find new jobs under plans approved by Parliament's Budgets Committee on Tuesday. The aid still has to be approved by Parliament as a whole and the Council of Ministers. (Read more: Budgets Committee approves aid for redundant textile workers in Spain)

 
 

A high-level group on EU “own resources” was officially launched on Tuesday by European Parliament President Martin Schulz, European Commission President José Manuel Barroso and Council President Antonis Samaras. It will be chaired by former Italian Prime Minister and former Commissioner Mario Monti, who was also present in Strasbourg. (Read more: High-level group EU “own resources” launched by EU institutions’ presidents )

 
 

Austria’s nomination of Oskar Herics as its member of the European Court of Auditors was endorsed by Parliament's Budgetary Control Committee after a hearing on Monday. If the European Parliament confirms his nomination at its 24-27 February plenary session, Mr Herics will take up his new duties in the Luxembourg-based court after the Council seals the appointment. (Read more: Oskar Herics's European Court of Auditors nomination endorsed in committee)