×
ECR

Compromise reached on EU budget for 2015, but fails to address Europe’s growing payments crisis

18 December 2014

Compromise reached on EU budget for 2015, but fails to address Europe’s growing payments crisis

The agreement between MEPs and EU governments on the EU budget for 2015 is much closer to the outcome of the first round of negotiations and the EU budget could have been agreed three months ago. It reflects a compromise between the parliament and the council, but does very little to address the growing gap between the EU’s commitments and payments on hand to service them, Bernd Kölmel, budgets spokesman of the eurorealist European Conservatives and Reformists, has warned.

The agreement between MEPs and EU governments on the EU budget for 2015 is much closer to the outcome of the first round of negotiations and the EU budget could have been agreed three months ago. It reflects a compromise between the parliament and the council, but does very little to address the growing gap between the EU’s commitments and payments on hand to service them, Bernd Kölmel, budgets spokesman of the eurorealist European Conservatives and Reformists, has warned.

The last minute agreement adopted by MEPs today sees parliament’s demands for outstanding bills in 2014 balanced against efforts to tighten spending in 2015. The payments in the 2014 budget will be increased by 49.8 million Euros, with payments increased by 3.5 billion Euros. But the budget for 2015 will fall below the initial commission proposal and far below parliament’s initial demand, with commitments set at 145 billion Euros, and payments at 141 billion.

The deal represents an improvement on the previous proposal, with a better focus on jobs and growth, and there is also an inclusion of ‘Joint Statements’, which will commit the institutions to find a longer term agreement on some key areas of disagreement between parliament and council. However, Mr Kölmel is concerned that the fundamental issue of the lack of sustainability of the budget has yet to be addressed, with the gulf between commitments and payments still unaddressed.

Mr Kölmel said: “This budget is a step in the right direction in terms of the overall figures, with a better focus on growth and jobs and a straight compromise between the parliament’s position and that of EU governments.

“However, this agreement does little to address the growing gulf between the commitments the EU has made and the lack of payments on hand to service them. We have missed an opportunity to make difficult decisions here about how we refocus and reduce the budget so that we can deliver better value and reflect the budgetary restraint within the Member States.”

SHARE

ECR

OUR TWEETS

ECR Group

2 days ago

@EP_President Have a speedy recovery 👍

ECR Group

6 days ago

The 🇪🇺 tries to do too much already and always wants to do more. It ought to stick to its basic tasks, such as bui… twitter.com/i/web/status/1…

ECR Group

6 days ago

The whole is the sum of its parts. The parts: Our European nation states. #Europe's diversity made it what it is… twitter.com/i/web/status/1…

ECR Group

7 days ago

The Conference on the #FutureOfEurope is clearly seen by many as an opportunity to turn Europe into a big super sta… twitter.com/i/web/status/1…

ECR Group

7 days ago

🚨 #SOTEU 🚨 Watch ECR MEPs weigh in on @EU_Commission President @vonderleyen's #SOTEU21 address now ⤵️ pic.twitter.com/nYqFTXKK2A

ECR Group

7 days ago

🚜 Agriculture is the beating heart of rural life in #Europe. Yet 🇪🇺 farming employment rates have seen better days… twitter.com/i/web/status/1…

ECR Group

7 days ago

The 🇪🇺 needs to focus on combatting illegal immigration. A "no-borders" ideology will lead to nothing but chaos.… twitter.com/i/web/status/1…

ECR Group

8 days ago

🦠 The effects of the #Covid19 pandemic are still upon us ❗️ We need to act to stop history from repeating itself… twitter.com/i/web/status/1…

ECR Group

8 days ago

🧪 #Europe has given birth to countless inventions & innovations. We can't let ourselves fall behind. By cutting r… twitter.com/i/web/status/1…

ECR Group

8 days ago

The 🇪🇺 was created by our nations to serve them, not the other way around. 𝗢𝘂𝗿 𝗮𝗶𝗺? 🎯 To preserve the sovereignty… twitter.com/i/web/status/1…





© 2020. All rights reserved. European Conservatives and Reformists Group