Formal talks on EU budget 2014-2020

Formal talks on EU budget 2014-2020

On 6 May, in a meting with Commission President José Manuel Barroso, European Parliament President Martin Schulz and Taoiseach Enda Kenny for the Irish Presidency of the Council agreed to start formal negotiations on the future budget 2014-2020 and in parallel to negotiate on the draft amending budget for 2013 which will be agreed in two stages. The Presidency of the Council has tabled a proposal for a first tranche of EUR 7.3 billion which will be submitted to the ECOFIN Council for approval on 14 May. This figure is EUR 3.9 billion short of the EUR 11.2 billion proposed by the Commission on 27 March as the minimum needed to meet the EU’s financial obligations in 2013. EUR 11.2 billion is also the amount still available under the ceiling which can be agreed by qualified majority.

 

The Presidency of the Council will work with Member States on a political commitment regarding the second tranche and on how they will meet the remaining obligations by early autumn. The Presidents of the European Parliament and the Commission stressed the need for EUR 11.2 billion.

 

Negotiations on the future budget will start with a trilogue on 13 May on the basis of the European Council conclusions of February 2013, focusing on four main points:

– Flexibility

– A revision clause

– Own resources

– Unity of the budget

 

It was also agreed to speed up negotiations on new staff regulations for all EU employees in line with the decisions by taken the European Council.

 

 

Source: [ http://europa.eu/rapid/press-release_MEMO-13-410_en.htm ]http://europa.eu/rapid/press-release_MEMO-13-410_en.htm