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How the EU budget is spent: European Fund for Sustainable Development

02-04-2019

The European Fund for Sustainable Development (EFSD) is one of the EU financial instruments that promote a pro-active development aid policy. It is part of the complex European external investment plan to support investments primarily in the EU neighbourhood and Africa. The EFSD applies the same financial model as the European Fund for Strategic Investments. By 2020, it is expected to generate €44 billion in investments (based on an initial EU contribution of €4.1 billion) to help create jobs and ...

The European Fund for Sustainable Development (EFSD) is one of the EU financial instruments that promote a pro-active development aid policy. It is part of the complex European external investment plan to support investments primarily in the EU neighbourhood and Africa. The EFSD applies the same financial model as the European Fund for Strategic Investments. By 2020, it is expected to generate €44 billion in investments (based on an initial EU contribution of €4.1 billion) to help create jobs and economic opportunities, address the socio-economic causes of migration, and contribute to the achievement of the UN sustainable development goals.

Discharge for 2017 budget – European Commission and executive agencies

21-03-2019

During the March II plenary session, the European Parliament is expected to decide whether to grant discharge for the 2017 financial year to the different institutions and bodies of the European Union (EU). The debate will start with the report covering the European Commission (plus six executive agencies), which manages the biggest share of the EU general budget. Separate discharge is granted to the Commission concerning the management of the European Development Funds (EDFs), because the EDFs are ...

During the March II plenary session, the European Parliament is expected to decide whether to grant discharge for the 2017 financial year to the different institutions and bodies of the European Union (EU). The debate will start with the report covering the European Commission (plus six executive agencies), which manages the biggest share of the EU general budget. Separate discharge is granted to the Commission concerning the management of the European Development Funds (EDFs), because the EDFs are not part of the general budget of the EU but based on intergovernmental agreement. The Committee on Budgetary Control (CONT) has recommended that the plenary should grant the Commission and all six executive agencies discharge for 2017, and also to grant discharge in respect of the implementation of the operations of the 8th, 9th, 10th and 11th EDFs in that year.

EU anti-fraud programme 2021-2027

07-02-2019

On 30 May 2018, the European Commission published a proposal for a regulation establishing an EU anti-fraud programme under the new 2021 to 2027 multiannual financial framework (MFF). The regulation would replace the Hercule III programme currently in force. The European Court of Auditors (ECA) published a special opinion concerning the proposal on 15 November 2018. The BUDG committee adopted its opinion for CONT on 23 November 2018 and the CONT committee issued its draft report on 26 November 2018 ...

On 30 May 2018, the European Commission published a proposal for a regulation establishing an EU anti-fraud programme under the new 2021 to 2027 multiannual financial framework (MFF). The regulation would replace the Hercule III programme currently in force. The European Court of Auditors (ECA) published a special opinion concerning the proposal on 15 November 2018. The BUDG committee adopted its opinion for CONT on 23 November 2018 and the CONT committee issued its draft report on 26 November 2018. More than 30 amendments were tabled ahead of the vote on the report in the CONT committee on 29 January 2019. The vote in plenary is expected to take place in February 2019. The Commission is proposing to streamline budgetary management in the area of protection of the EU's financial interests by grouping the Hercule III programme together with Anti-Fraud Information System (AFIS) and Irregularity Management System (IMS) operational activities. However, the proposed EU anti-fraud programme does not specify possible maximum co-financing rates for eligible actions. The proposal has also been criticised for its lack of specific and measurable objectives and its vague performance indicators, as well as for not having indicated the frequency of performance reporting. The amendments proposed by the ECA, and also by the BUDG and CONT committees attempt to tackle these issues. Moreover, both Parliament committees are in favour of increasing the budget for this programme. First edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

Instrument for Pre-accession Assistance (IPA III)

23-11-2018

On 14 June 2018, the European Commission published a proposal for a regulation establishing the Instrument for Pre-accession Assistance (IPA) III as part of a set of external action instruments under the new 2021 to 2027 multiannual financial framework (MFF). The proposed financial envelope represents a 1.1 % decrease compared with current funding (€12.9 billion in 2018 prices). Beneficiaries include the Western Balkan countries and Turkey. The IPA, set up for the 2007 to 2013 MFF, aims to prepare ...

On 14 June 2018, the European Commission published a proposal for a regulation establishing the Instrument for Pre-accession Assistance (IPA) III as part of a set of external action instruments under the new 2021 to 2027 multiannual financial framework (MFF). The proposed financial envelope represents a 1.1 % decrease compared with current funding (€12.9 billion in 2018 prices). Beneficiaries include the Western Balkan countries and Turkey. The IPA, set up for the 2007 to 2013 MFF, aims to prepare candidate and potential candidate countries for EU membership and supports them in adopting and implementing the necessary political, institutional, legal, administrative, social and economic reforms. IPA III is clearly positioned in the context of the new Western Balkan strategy, adopted in February 2018, and builds in flexibility via à vis the evolving situation in Turkey. It is also designed to complement the EU's internal policies. In Parliament, the file has been allocated to the Committee for Foreign Affairs (AFET), with José Ignacio Salafranca Sánchez-Neyra (EPP, Spain) and Knut Fleckenstein (S&D, Germany) as co-rapporteurs. The draft report presented by the rapporteurs on 30 October 2018 is now awaiting adoption by AFET. First edition. EU Legislation in Progress briefings are updated at key stages throughout the legislative procedure.

Discharge for 2016 – Second reports

17-10-2018

During the October II plenary session, the European Parliament is due to bring to a close the discharge procedure for the Council's financial accounts for the year 2016, by voting on the second report of the Committee on Budgetary Control. It will also vote on the second report concerning the European Asylum Support Office. Both votes follow the European Parliament's decision in April 2018 to postpone discharge for 2016 in these cases.

During the October II plenary session, the European Parliament is due to bring to a close the discharge procedure for the Council's financial accounts for the year 2016, by voting on the second report of the Committee on Budgetary Control. It will also vote on the second report concerning the European Asylum Support Office. Both votes follow the European Parliament's decision in April 2018 to postpone discharge for 2016 in these cases.

European Investment Bank: 2016 financial report

25-04-2018

During the May I plenary session, the European Parliament is expected to discuss the financial report of the European Investment Bank (EIB) for the year 2016. The increasing importance of the EIB, both in budgetary terms and in its varied funding contributions in different areas of activity, calls for high level of transparency and accountability. Although the European Parliament's Committee on Budgetary Control (CONT) acknowledges some progress in this regard, it considers there is still room for ...

During the May I plenary session, the European Parliament is expected to discuss the financial report of the European Investment Bank (EIB) for the year 2016. The increasing importance of the EIB, both in budgetary terms and in its varied funding contributions in different areas of activity, calls for high level of transparency and accountability. Although the European Parliament's Committee on Budgetary Control (CONT) acknowledges some progress in this regard, it considers there is still room for improvement.

Discharge for 2016 budget – European Commission and executive agencies

11-04-2018

During the April plenary session, the European Parliament is expected to decide whether to grant discharge for the 2016 financial year to the different institutions and bodies of the European Union (EU). The debate will start with the report covering the European Commission (plus six executive agencies) which manages the biggest share of the EU general budget. Separate discharge is granted to the Commission concerning the management of the European Development Funds (EDFs), because the EDFs are not ...

During the April plenary session, the European Parliament is expected to decide whether to grant discharge for the 2016 financial year to the different institutions and bodies of the European Union (EU). The debate will start with the report covering the European Commission (plus six executive agencies) which manages the biggest share of the EU general budget. Separate discharge is granted to the Commission concerning the management of the European Development Funds (EDFs), because the EDFs are not part of the general budget of the EU but based on intergovernmental agreement. Parliament's Committee on Budgetary Control (CONT) recommends the plenary should grant the Commission and all six executive agencies discharge for 2016, and also to grant discharge in respect of the implementation of the operations of the 8th, 9th, 10th and 11th EDFs in that year.

Discharge for 2016 budget – EU institutions other than the European Commission

11-04-2018

Parliament’s Committee on Budgetary Control recommends granting discharge for eight of the administrative sections of the 2016 EU budget and postponing the decision to October 2018 in one case (European Council and Council). Parliament is expected to decide on the matter during the April plenary session.

Parliament’s Committee on Budgetary Control recommends granting discharge for eight of the administrative sections of the 2016 EU budget and postponing the decision to October 2018 in one case (European Council and Council). Parliament is expected to decide on the matter during the April plenary session.

Galileo and EGNOS

24-01-2018

Galileo and the European geostationary navigation overlay service (EGNOS) are two satellite navigation systems under civil control. Galileo is an autonomous global navigation satellite system consisting of a constellation of satellites and a global network of ground stations. EGNOS is a regional satellite navigation system that monitors, corrects and improves the accuracy of open signals emitted by existing global satellite navigation systems (GPS, Glonass). Galileo and EGNOS are infrastructures ...

Galileo and the European geostationary navigation overlay service (EGNOS) are two satellite navigation systems under civil control. Galileo is an autonomous global navigation satellite system consisting of a constellation of satellites and a global network of ground stations. EGNOS is a regional satellite navigation system that monitors, corrects and improves the accuracy of open signals emitted by existing global satellite navigation systems (GPS, Glonass). Galileo and EGNOS are infrastructures owned by the European Union, which were conceived in close cooperation with the European Space Agency. They guarantee Europe independent access to a reliable positioning satellite signal, allowing more accuracy than that offered by other accessible systems.

Discharge for the 2015 budget – Council and European Council

23-10-2017

During the October II plenary session, the European Parliament is due to bring to a close the discharge procedure for the Council's financial accounts for the year 2015, by voting on the second report of the Committee on Budgetary Control. For several years in a row now, the Parliament has refused to grant discharge to the Council and the European Council.

During the October II plenary session, the European Parliament is due to bring to a close the discharge procedure for the Council's financial accounts for the year 2015, by voting on the second report of the Committee on Budgetary Control. For several years in a row now, the Parliament has refused to grant discharge to the Council and the European Council.

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