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Amending Budget No 7/2020: Update of revenue (own resources)

30-09-2020

The purpose of Draft Amending Budget No 7/2020 (DAB 7/2020) is to update the revenue side of the budget, taking into account the latest economic developments. Due to the coronavirus pandemic, the outlook for the European economy has changed significantly since the budget was adopted. DAB 7 proposes the following adjustments on the revenue side of the 2020 budget: an update of the estimates for traditional own resources, the own resources based on the value added tax and gross national income. Further ...

The purpose of Draft Amending Budget No 7/2020 (DAB 7/2020) is to update the revenue side of the budget, taking into account the latest economic developments. Due to the coronavirus pandemic, the outlook for the European economy has changed significantly since the budget was adopted. DAB 7 proposes the following adjustments on the revenue side of the 2020 budget: an update of the estimates for traditional own resources, the own resources based on the value added tax and gross national income. Further updates concern the United Kingdom correction, other revenue taking into account paid-up fines and penalty payments up to June 2020, as well as negative exchange rate differences. The European Parliament is expected to vote on the Council's position on DAB 7/2020 during the October I plenary session.

2018 report on protection of the EU's financial interests – Fight against fraud

06-07-2020

In October 2019, the European Commission published its annual report on the fight against fraud affecting EU financial interests in 2018. In total, 11 638 fraudulent and non-fraudulent irregularities were reported to the Commission in 2018, 25 % fewer than in 2017. They involved approximately €2.5 billion, a value that remained stable in comparison with 2017. The Committee on Budgetary Control has adopted a report on the Commission's annual report, which is due to be voted during the July plenary ...

In October 2019, the European Commission published its annual report on the fight against fraud affecting EU financial interests in 2018. In total, 11 638 fraudulent and non-fraudulent irregularities were reported to the Commission in 2018, 25 % fewer than in 2017. They involved approximately €2.5 billion, a value that remained stable in comparison with 2017. The Committee on Budgetary Control has adopted a report on the Commission's annual report, which is due to be voted during the July plenary session.

Discharge for 2018 budget – European Commission and executive agencies

11-05-2020

During the May plenary session, the European Parliament is expected to decide whether to grant discharge for the 2018 financial year to the different institutions and bodies of the European Union (EU). The first item in this process is the report covering the European Commission (including six executive agencies) which is in charge of managing the biggest share of the EU general budget. Separate discharge is granted to the Commission concerning management of the European Development Funds (EDFs), ...

During the May plenary session, the European Parliament is expected to decide whether to grant discharge for the 2018 financial year to the different institutions and bodies of the European Union (EU). The first item in this process is the report covering the European Commission (including six executive agencies) which is in charge of managing the biggest share of the EU general budget. Separate discharge is granted to the Commission concerning management of the European Development Funds (EDFs), which are not part of the general budget as they are established by intergovernmental agreement. The Committee on Budgetary Control (CONT) recommends that Parliament should grant the Commission and all six executive agencies discharge for 2018. It also recommends granting discharge in respect of the implementation of the operations of the EDFs in 2018.

Natural resources and environment: Heading 3 of the 2021-2027 MFF

27-01-2020

Dedicated to programmes and funds supporting agriculture and maritime policy, and environment and climate change, Heading 3 is the second biggest in terms of funding in the European Commission proposal on the future multiannual financial framework (MFF) for 2021-2027. The two agricultural funds – the European Agricultural Guarantee Fund (EAGF) and the Agricultural Fund for Rural Development (EAFRD) – are the main financial instruments for the common agricultural policy (CAP). They will continue to ...

Dedicated to programmes and funds supporting agriculture and maritime policy, and environment and climate change, Heading 3 is the second biggest in terms of funding in the European Commission proposal on the future multiannual financial framework (MFF) for 2021-2027. The two agricultural funds – the European Agricultural Guarantee Fund (EAGF) and the Agricultural Fund for Rural Development (EAFRD) – are the main financial instruments for the common agricultural policy (CAP). They will continue to absorb the greater part of the financial resources under this heading. However, the European Commission proposes an amount of €324 284 million to cover both funds, which is a decrease of around €60 000 million (or 15 %) compared to the current MFF (2014-2020), after deducing current United Kingdom (UK) spending. The proposed European Maritime and Fisheries Fund (EMFF) would amount to €5 448 million, which is 13 % less than in the current MFF, after deducting current UK spending. In its November 2018 resolution on the European Commission proposals for the new MFF, the European Parliament, raised the budget for agricultural and maritime policy back to the level of the current MFF (2014-2020), to €391 198 million. Where the European Commission proposes €4 828 million for the Programme for Environment & Climate Action (LIFE) for 2021-2027, Parliament's resolution increased this amount considerably, requesting an allocation of €6 442 million. Parliament has also asked for a new Energy Transition Fund, with a budget of €4 800 million for 2021-2027, to address the negative socio-economic impact on workers and communities affected by the transition from a coal and carbon dependent economy to a low-carbon economy. The Council has not yet adopted a position on the MFF proposal and national positions are divergent. However, according to the 'negotiating box' proposed by the Finnish Council Presidency, under Heading 3, the cuts in the budget for agriculture would represent a reduction of 13 % in spending, compared to the current MFF.

Discharge for 2017: Second reports for Council and EASO

17-10-2019

During the October II plenary session, the European Parliament is expected to vote on the second reports of the Committee on Budgetary Control concerning the discharge in respect of the Council’s accounts for the year 2017, as well as the implementation of the budget of the European Asylum Support Office. In both cases, Parliament had decided on 26 March 2019 to postpone the discharge decision for the 2017 financial year.

During the October II plenary session, the European Parliament is expected to vote on the second reports of the Committee on Budgetary Control concerning the discharge in respect of the Council’s accounts for the year 2017, as well as the implementation of the budget of the European Asylum Support Office. In both cases, Parliament had decided on 26 March 2019 to postpone the discharge decision for the 2017 financial year.

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