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

2014 Budget: The European Parliament first wants to settle past accounts

20/02/2013

The Parliamentary Committee on Budgets (BUDG) today approved the budget guidelines for 2014 on the basis of realistic proposals of Anne JENSEN (Venstre, Denmark). 2014 will be the first year covered by the new multiannual...
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Guy Verhofstadt : "Sorry M. Van Rompuy but this is a budget of the past, not for the future. "

18/02/2013

Responding today at the European Council President Herman Van Rompuy, invited to the enlarged Conference of Presidents to present the results of the last European Council on the next multiannual financial framework, Guy...
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Verhofstadt on MFF: "Even the Soviet Union did not have seven year plans"

06/02/2013

Addressing a debate in the European Parliament today ahead of this week's EU summit aiming to strike a political deal on the EU's next seven year funding plans, Guy Verhofstadt outlined the essential elements of an acceptable...
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