
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.
EU Agencies: Improved cooperation needed for better performance
The European Parliament's Budgetary Control Committee today voted on 30 reports related to the 2011 accounts of the EU decentralised Agencies and the 7 Joint Undertakings. The Committee adopted suggestions by Gerben-Jan GERBRANDY...
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Budget Control Committee should have access to OLAF dossier on Dalli
Michael Theurer (FDP, Germany), chairman of the Budget Control Committee, considered "unacceptable" that the request of the European Parliament to have access, under appropriate conditions, to the OLAF file that led to the...
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Liberals and Democrats call for better control on spending of EU funds
Today the European Court of Auditors (ECA) presented its report on the spending of EU funds in 2011 to the Budgetary Control Committee of the European Parliament.
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