
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.
Cyprus bailout terms should be debated by full Parliament on Wednesday
Guy Verhofstadt, President ALDE Group in the European Parliament, today reacted strongly against the proposed terms for the Cypriot adjustment programme, following the terms agreed early on Saturday morning between the Cypriot...
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Libya's National Forces Alliance - a model for democratic transition for the entire region
Guy Verhofstadt is in Tripoli, Libya this weekend with two members of the ALDE group bureau on the invitation of Mahmud Gebril to commemorate the first anniversary of the National Forces Alliance party.
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Verhofstadt: EU should follow French and UK lead and rethink arms embargo on Syria
Guy Verhofstadt, ALDE Leader welcomed comments by France's Foreign Minister - Laurent Fabius today indicating that France could be prepared to review support for the EU arms embargo in order to help the conflict to a swift end.
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