Taking responsibility

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Rethinking the Budget introducing own resources

In order to provide greater investment in areas where it is most needed, and to make use of the huge economies of scale the Union can provide, some form of EU long term financing is required. More specifically, the question of the Union's revenues needs to be addressed. The long overdue budget review is required in order to overhaul the Union's financial system. The only way to end the entrenched debate between those countries that contribute and those that receive is the introduction of genuine own resources. This will also involve the citizens directly with the European budget debate.

The euro is also of vital importance and in the crisis has proved that the Union stands stronger together. We need to move fast towards the extension of the euro zone thereby bringing much needed stability to some of our newer Member States. Whilst investment in infrastructure is currently required in order to pull us out of recession the precept of the stability pact must not be forgotten and all Member States must demonstrate their commitment towards renewed fiscal rectitude.

News

Draft budget 2013: ALDE welcomes Commission emphasis on EU2020 strategy

25/04/2012

Liberals and Democrats welcomed today the budget proposals from the European Commission for 2013 which emphasize the twin priorities of growth and jobs. All efforts however should underpin the success of the EU 2020 strategy...
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2013 budget guidelines: fiscal consolidation must go hand in hand with economic growth

13/03/2012

The European Parliament plenary session in Strasbourg tomorrow will adopt responsible and ambitious budget guidelines for 2013. During the debate scheduled for this evening, Liberal and Democrat speakers will insist on the...
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Budget 2013: Freeze EP budget for travel and allowances

06/02/2012

Today the EP's Budget committee sent a clear signal to its citizens calling for a freeze of expenses related to travel and the individual allowances of its members until the end of this legislature. “The institutions, in the...
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