Parliament ready to negotiate on EU long-term budget

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Parliament ready to negotiate on EU long-term budget

EU News 81/2013

18 February 2013
European Parliament

Leading MEPs set the stage for negotiations on the EU's long-term budget in a debate with the European Council President Herman Van Rompuy and Commission President José Manuel Barroso on Monday. Most parliamentarians consider the recent deal on the Union's seven-year budget unacceptable. Parliament has the power to veto the proposal.

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EU leaders at the 7-8 February summit agreed to commitments of up to €960 billion, with actual payments of €908 billion, both representing significant cuts compared to the original Commission proposal.

"The compromise reached at the last European summit is not up to the challenges that lie ahead. Parliament asked – and will keep asking – for a modern and ambitious EU budget to help boost the recovery and put the economic and financial crisis behind us", said EP Vice-President Gianni Pittella (S&D, IT), opening the debate.

President Van Rompuy confirmed the Council's intention to discuss with Parliament by describing the political deal reached among member states as a "strong mandate to negotiate".

Source and additional information:
http://www.europarl.europa.eu/news/en/pressroom/content/20130218IPR05906/html/Parliament-ready-to-negotiate-on-EU-long-term-budget