
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.
Why 2030 renewables target are important for investment and planning certainty
The European Parliament's ITRE committee today voted on a report on the post-2020 framework for renewables in the EU. The report acknowledges the importance of completing the EU's internal energy market as soon as possible in...
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Big boost for renewable energy projects across Europe
ALDE MEP Chris Davies (UK, Liberal Democrat) has welcomed news today that a funding mechanism he helped steer through Parliament on behalf of the Liberal and Democrat Group in 2009 will lead to over €3 billion being put into new...
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Connecting Europe Facility is a growth instrument that must demonstrate added EU value
MEPs in the Industry and Transport Committees today voted on a new financing instrument, the Connecting Europe Facility (CEF), aimed at building and upgrading the Trans-European Networks for Transport, Energy and...
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