431

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Word(s)
Publication type
Policy area
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Keyword
Date

Amending Budget No 1 to the 2018 EU budget: Mobilisation of the European Union Solidarity Fund

23-05-2018

The European Union Solidarity Fund (EUSF) supports EU Member States struck by natural disaster, through providing financial assistance to contribute to a rapid return to normal conditions. A budgetary proposal to mobilise the EUSF in order to help Greece deal with earthquakes in Lesbos, France with hurricanes in the Caribbean, and Portugal and Spain with forest fires is scheduled to be voted during the May II plenary session. The decision entails adopting Draft Amending Budget (DAB) 1/2018 to account ...

The European Union Solidarity Fund (EUSF) supports EU Member States struck by natural disaster, through providing financial assistance to contribute to a rapid return to normal conditions. A budgetary proposal to mobilise the EUSF in order to help Greece deal with earthquakes in Lesbos, France with hurricanes in the Caribbean, and Portugal and Spain with forest fires is scheduled to be voted during the May II plenary session. The decision entails adopting Draft Amending Budget (DAB) 1/2018 to account for the mobilisation of €97 646 105 in EUSF funds.

Implementation of the Stability and Growth Pact (May 2018)

18-05-2018

This document gives an overview of key developments under the preventive and corrective arms of the Stability and Growth Pact (SGP) on the basis of (1) the latest Council decisions and recommendations in the framework of the SGP; (2) the latest European Commission (COM) economic forecast; and (3) the latest COM Opinions on compliance of the Draft Budgetary Plans (DBPs) of euro area Member States with the SGP. The document is regularly updated.

This document gives an overview of key developments under the preventive and corrective arms of the Stability and Growth Pact (SGP) on the basis of (1) the latest Council decisions and recommendations in the framework of the SGP; (2) the latest European Commission (COM) economic forecast; and (3) the latest COM Opinions on compliance of the Draft Budgetary Plans (DBPs) of euro area Member States with the SGP. The document is regularly updated.

Macro-Financial Assistance to EU Member States - State of Play, May 2018

15-05-2018

This document provides regularly updated information on EU Member States receiving financial assistance from the ESM, the EFSF, the EFSM, the EU balance of payments assistance facility, other Member States and/or the IMF. It also covers the post-programme reviews undertaken by the European Commission (EC) in liaison with the ECB (Post-Programme Surveillance, PPS), the IMF (Post-Programme Monitoring, PPM) and the ESM (Early Warning System, EWS).

This document provides regularly updated information on EU Member States receiving financial assistance from the ESM, the EFSF, the EFSM, the EU balance of payments assistance facility, other Member States and/or the IMF. It also covers the post-programme reviews undertaken by the European Commission (EC) in liaison with the ECB (Post-Programme Surveillance, PPS), the IMF (Post-Programme Monitoring, PPM) and the ESM (Early Warning System, EWS).

The Institutional Consequences of a ‘Hard Brexit’

15-05-2018

This in-depth analysis, commissioned by the European Parliament at the request of the Committee of Constitutional Affairs, considers the institutional, budgetary and policy implications that a so-called ‘hard Brexit’ would pose on the EU. It analyses from a legal perspective how a withdrawal of the UK from the EU without a withdrawal treaty, transition deal and framework on future relations would affect each specific EU Institution, the EU budget for the remaining years of the current MFF, and EU ...

This in-depth analysis, commissioned by the European Parliament at the request of the Committee of Constitutional Affairs, considers the institutional, budgetary and policy implications that a so-called ‘hard Brexit’ would pose on the EU. It analyses from a legal perspective how a withdrawal of the UK from the EU without a withdrawal treaty, transition deal and framework on future relations would affect each specific EU Institution, the EU budget for the remaining years of the current MFF, and EU policies in the crucial fields of trade, security and justice. While the study does not endorse a ‘hard Brexit’ it provides guidelines for the EU to be prepared in case such scenario were to materialise.

External author

Federico Fabbrini , Professor of EU Law & Director of the Brexit Institute, Dublin City University

EU funds for migration, asylum and integration policies

15-05-2018

The European Union significantly increased its funding for migration, asylum and integration policies in the wake of the increased inflow of asylum seekers in 2015. This study provides an overview, an analysis and an evaluation of the use of these funds, based on publicly available information, insights from interviews with various stakeholders and a survey of non-governmental organisations. We also offer recommendations on how to improve the use of funds and allocation keys to Member States. We ...

The European Union significantly increased its funding for migration, asylum and integration policies in the wake of the increased inflow of asylum seekers in 2015. This study provides an overview, an analysis and an evaluation of the use of these funds, based on publicly available information, insights from interviews with various stakeholders and a survey of non-governmental organisations. We also offer recommendations on how to improve the use of funds and allocation keys to Member States. We argue for an increase in funding in support of member states as well as for EU agencies such as Frontex and EASO and for a more strategic coordination of various migration related initiatives.

External author

Dr Zsolt DARVAS, Bruegel Dr Guntram WOLFF, Bruegel Mr Francesco CHIACCHIO, Bruegel Mr Konstantinos EFSTATHIOU, Bruegel Ms Inês GONÇALVES RAPOSO, Bruegel

Multiannual Financial Framework 2021-2027: Commission Proposal - Initial comparison with the current MFF

04-05-2018

On 2 May, the Commission presented its proposal for the Multiannual Financial Framework for the 2021-2027 period (2021-2027 MFF), outlining the structure of the EU budget and the policy priorities of the EU for a period of seven years, together with proposals on own resources financing the EU budget and a proposal to link the EU budget and the rule of law. A series of further legislative proposals presenting the individual spending programmes is expected later in May and June. The Commission proposes ...

On 2 May, the Commission presented its proposal for the Multiannual Financial Framework for the 2021-2027 period (2021-2027 MFF), outlining the structure of the EU budget and the policy priorities of the EU for a period of seven years, together with proposals on own resources financing the EU budget and a proposal to link the EU budget and the rule of law. A series of further legislative proposals presenting the individual spending programmes is expected later in May and June. The Commission proposes that the 2021-2027 MFF (commitment appropriations) amounts to €1 135 billion in 2018 prices or 1.11 % of EU GNI. The previous MFF, converted into 2018 prices and including the European Development Fund (EDF) for comparative purposes, amounted to €1 138 billion or 1.03 % of EU GNI. Note, however, that this comparison does not take account of the various changes in programmes proposed or the impact of Brexit. The number of headings grows from the 2014-2020 MFF to 2021-2027 MFF, from five to seven, and some programmes change place from one heading to another. Regarding the structure of the 2021-2027 MFF, the Commission proposals have the ambition to align the budget closer to the political priorities, to simplify the structure of the EU budget (i.e. a reduced number of programmes), and to increase the flexibility within and between programmes.

The Union’s expenditure

01-05-2018

Budget expenditure is approved jointly by the Council and Parliament. The annual EU budget must respect the budgetary ceilings agreed under the multiannual financial framework (MFF) for different programmes and policies, such as those on cohesion, agriculture and external relations. Flexibility instruments ensure that the EU can react in the event of unexpected needs. Use of financial instruments creates a leverage effect as regards EU spending.

Budget expenditure is approved jointly by the Council and Parliament. The annual EU budget must respect the budgetary ceilings agreed under the multiannual financial framework (MFF) for different programmes and policies, such as those on cohesion, agriculture and external relations. Flexibility instruments ensure that the EU can react in the event of unexpected needs. Use of financial instruments creates a leverage effect as regards EU spending.

The budgetary procedure

01-05-2018

Since the 1970 and 1975 Treaties, Parliament’s role in the budgetary process has gradually been enhanced. The Lisbon Treaty gave Parliament an equal say with the Council in the entire EU budget.

Since the 1970 and 1975 Treaties, Parliament’s role in the budgetary process has gradually been enhanced. The Lisbon Treaty gave Parliament an equal say with the Council in the entire EU budget.

Post-2020 MFF and own resources: Ahead of the Commission's proposal

27-04-2018

On 2 May, the Commission is expected to publish proposals for a new multiannual financial framework (MFF) for the European Union for the years after 2020, as well as for a new system of own resources (OR) to provide the EU with the means to finance its annual budgets. The following day the proposals are to be presented to the Parliament's Committee on Budgets (BUDG).The proposals are being published as a package, and will be followed by a series of further legislative proposals for individual spending ...

On 2 May, the Commission is expected to publish proposals for a new multiannual financial framework (MFF) for the European Union for the years after 2020, as well as for a new system of own resources (OR) to provide the EU with the means to finance its annual budgets. The following day the proposals are to be presented to the Parliament's Committee on Budgets (BUDG).The proposals are being published as a package, and will be followed by a series of further legislative proposals for individual spending programmes to appear later in May and in June. The next MFF and OR system will set the EU's priorities and determine much of its scope for action for a period of at least five years. The proposals are an opportunity for the Commission to respond to a set of longstanding issues concerning how the EU finances its priorities, and to new issues arising from a political landscape that has changed profoundly since 2013, when the EU last negotiated its multiannual budget plan. Chief among these are the twin pressures affecting both the revenue and spending sides of the budget: the loss of a major net contributor country in the departure from the EU of the United Kingdom; and growing pressure to respond to new challenges mainly linked to the refugee and migration crisis that erupted after the current MFF was put in place, as well as ongoing issues resulting from the financial and sovereign debt crises. The Commission's proposals for a new MFF and OR will also respond to the question of how big the EU budget should be. Currently subject to a political cap of 1 % of the EU's GNI, the EU budget is modest in comparison with the government budgets of the EU's Member States. Nevertheless, negotiations over whether to increase this cap will be politically fraught in a context where some Member States are under pressure to reduce national budget deficits. Other issues at stake in the negotiations are the flexibility, conditionalities, structure and duration of the next MFF, and the sensitive question of whether to increase the EU's financial autonomy by endowing it with new and significant own resources.

The EU spending on fight against climate change

16-04-2018

The present note has been drafted as a background document for the hearing on 'The EU Budget and the Paris Climate Agreement' of the EP BUDG and ENVI Committees. It aims at providing an introduction to the topic, looking at the EU commitments in the field of climate from a budgetary angle. It contains a brief overview of the policy context, a presentation of budgetary aspects, including a short part on methodology of tracking the climate-related expenditure and on distinction between adaptation and ...

The present note has been drafted as a background document for the hearing on 'The EU Budget and the Paris Climate Agreement' of the EP BUDG and ENVI Committees. It aims at providing an introduction to the topic, looking at the EU commitments in the field of climate from a budgetary angle. It contains a brief overview of the policy context, a presentation of budgetary aspects, including a short part on methodology of tracking the climate-related expenditure and on distinction between adaptation and mitigation measures, and finishes with concluding remarks on the state of play as regards EU budget for fight against climate change.

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EIT's Role in Strenghtening EU Innovation
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Performance-based budgeting: A means to improve EU spending in the post-2020 MFF?
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