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The Multiannual Financial Framework 2014-2020: A budget for Europe 2020

The European Commission presented its proposal for the multiannual financial framework (MFF) 2014-2020. This marks the beginning of negotiations between the European Parliament and the Council of the EU (the member states), which have to agree on the principles, priorities and concrete numbers until the autumn of 2012. This will be one of the hottest issues next year, in the context of the economic challenges, the Union is facing, and the serious differences between the positions of Parliament and Council on key issues. In general, Parliament calls for a budget increase to meet the commitments of the Union under the Europe 2020 strategy. The Commission proposal expresses the same spirit. Member States, however, insist EU budget to reflect the austerity measures, implemented at national level, and even to be frozen until 2020. euinside will follow the progress of negotiations and will present in detail both the Commission's proposal and the positions of Parliament and Council, as we did in terms of the current MFF 2007-2013.

30 October 2015 15:15 Member States Request Loosening of Budget Discipline Because of Refugees

All member states, practically with no exclusions, have mentioned the refugee problem as a large budget expense. European Commission President Jean-Claude Juncker (Luxembourg, EPP) said so to MEPs this week, stating before that he was surprised by this. In September, ministers of finance of the ...

12 November 2014 09:36 Kristalina Georgieva Will Propose Urgent Amendments to the EU Budget

The European Commission will today (12 November) propose amendments to the own resources regulation in an attempt to solve the problem that emerged during the October European Council with the corrections of some member states' contributions to the common EU budget. In the end of each year, the ...

14 March 2013 10:21 The European Parliament Wants To Be Taken Seriously

With 506 votes "for", 161 "against" and 23 abstentions the European Parliament showed its teeth on March 13th by rejecting the deal for the multiannual budget of the Community for the period 2014-2020. This move was expected as the Europarliament was threatening with a veto ever since the begin ...

5 February 2013 17:53 EU Budget 2014-2020: Deal or No Deal

A lot of time passed since the first special EU summit dedicated on the multiannual financial framework for the period 2014-2020. In the mean time it became clear that the eurozone will not have a common budget or at least not in a foreseeable future; there will be a single supervisory mechanis ...

22 November 2012 13:29 Negotiations on Budget 2014-2020 - A Catharsis for the EU

In the very beginning of the negotiations on the multiannual financial framework (MFF) of the EU for the period 2014-2020, the most controversial moment among the member states was where the negotiations should start from - top-down (meaning from the total amount of the budget first and then the ...

1 October 2015 14:39 European Budget Cuts Boomerang Back

Do you remember the battle for the 7-year European budget for the 2014-2020 period? How British Prime Minister David Cameron was proud of the fact that he won the fight for the first real lowering of the European budget, despite the EU had expanded with one more member? He even went as ...

31 October 2014 09:59 How to Make an Elephant out of a Fly? Ask David Cameron

After the end of the lethally dangerous stage of the eurozone crisis, it was rather an exception the summits of the leaders of the EU member states not to be accompanied by a British scandal. The situation has fiercely deteriorated around the European elections and the new procedure for election ...

12 February 2013 18:38 The Deal for the EU Budget Framework 2014-2020: Disunited in Uniformity

Unlike previous negotiations on the seven-year financial framework of the European Union, this time there was no thrill, no matter that the last summit continued a little over 24 hours. Although, at first glance, many similarities can be seen with previous negotiations, there are many big and e ...

30 November 2012 16:09 The EU Has again Shot Itself in the Foot with Budget 2014-2020

The failure of the special EU summit for Budget 2014-2020 is not simply a failure of the EU leaders to agree about money. It is about something much deeper that has been emerging clearer for quite some time - the internal EU conflict. The conflict between the EU of the institutions and the EU of ...

23 October 2012 15:45 Nothing Is Agreed Until Everything Is Agreed

On November 5th, European Council President Herman Van Rompuy will begin a tour in the EU member states for last consultations on the national positions before a key and extraordinary EU summit on November 22-23, dedicated entirely on the negotiations on EU Budget 2014-2020, at the moment entire ...

 
free talk corner
Adelina Marini
#Croatian daily Vecernji list reports that a solution has been found to the problem with the opening of chapter 23 in the negotiations with #Serbia. That there is a political agreement yesterday reported EU commissioner Johannes Hahn (Austria, EPP). With the solution all Croatian demands have been met - not to apply the law on universal jurisdiction in the processing of war crimes, full cooperation with the Hague tribunal and respect for national minorities following the international standards. This is still to be confirmed officially by all sides euinsi.de/N2Cl
27 May 2016 13:21
Adelina Marini
On the occasion of his visit today in #Greece #Russia President Vladimir #Putin has published in the English-language Kathimerini daily a detailed op-ed where he makes, as it seems, an 'indecent proposal' to the EU: "I am convinced we should draw appropriate conclusions from the events in Ukraine and proceed to establishing, in the vast space stretching between the Atlantic and Pacific oceans, a zone of economic and humanitarian cooperation based on the architecture of equal and indivisible security". The text does not make it clear whether Mr Putin is proposing the EU and Russia to distribute in a Crimean way the territories in this "vast space" or he means everyone to forget the Ukrainian developments for the sake of mutually beneficial economic cooperation. Further on in the op-ed the Russian president reminds Europe that it is facing a growing competition from "other power centres in the contemporary world" pointing to the Pacific region where the US has strong interests. You can read the entire article here euinsi.de/XIBw
27 May 2016 10:17
Adelina Marini
The #IMF has published its debt sustainability report on #Greece with new projections and proposals ahead of the key #Eurogroup meeting today which is expected to bridge the differences with the euro area on the restructuring of the Greek debt. According to the IMF, the proposed by the Eurogroup measures, like extension of maturities and payment deferrals would not be sufficient, therefore it is proposing also fixing interest rates. These three measures combined would reduce the Greek debt by 53% of GDP by 2040, the Fund believes. You can read the entire report here euinsi.de/Pwwo
24 May 2016 08:38
Adelina Marini #Greece The fact that the #Eurogroup ended early this morning is suggesting there is an agreement. And there is - both on the next tranche and the debt reduction which ensures IMF will be on board with the funding. Details on the agreement can be read here in the statement after the meeting euinsi.de/ZR0U
25 May 2016 07:53
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