MEPs: use €6.4 billion EU budget refund for refugee aid
Plans to refund €6.4 billion left over from the 2016 EU budget to EU member states in 2017 will be put to a vote on Tuesday. Under EU rules, the money should be returned to member states via a reduction in their contributions.
However, in their draft resolution, MEPs urge member states to use the money to deal with the refugee crisis and match the EU contribution to the funds set up for this purpose, as they promised to do.
MEPs express concern about the €4.9 billion under-spend, mainly in cohesion funds. They also deplore a revenue loss of €1.5 billion due to the negative impact of the depreciation of the British Pound against the Euro.
Further information is available in a recent press release on the vote in the Committee on Budgets.
Vote: Tuesday, 4 July