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Wednesday, 13 October 2010

2011 budget - MEPs make room for new policy priorities

MEPs want future EU budgets to accommodate new policy priorities as well as negotiations on new sources of financing. In its position on the 2011 budget, approved Thursday, the Budgets Committee inserts new budget lines for Lisbon Treaty priorities and for new revenue sources, including transferring unspent money to future budgets instead of returning it to Member States. These budget lines are empty for now, but the intention is to open negotiations on the budget after 2011.
In its final vote on the 2011 budget, the Budgets Committee, led by rapporteurs Sidonia Jędrzejewska (EPP, PL) and Helga Trüpel (Greens/EFA,DE), urged that the budget ceilings agreed in 2006 be brought into line with today's reality and pointed out that the EU budget should be viewed not as an additional burden to national budgets, but rather as an opportunity to gear up national initiatives and investments to which it can add value. However, MEPs understand the pressures on Member States' budgets and therefore broke with the tradition of suggesting a much larger budget than the Commission proposes, and increased it only very slightly. The committee agreed on a total of €130.14 billion in payments and €142.65 billion in commitments (compared to the Commission's €130.14 billion in payments and €142.56 billion in commitments).

Source: European Parliament