Budgets

Savings

Today, the European Parliament approved the extension of the European Fund for Strategic Investments, referred to as EFSI 2.0. This extension...

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Brexit, Turkey, Interrail tickets, EU border Entry-Exit System, posted workers

At the European Parliament’s latest plenary, following the latest round of Brexit talks, MEPs and EU officials discussed preparing for a...

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Earthquake in Amatrice

In plenary today, the European Parliament approved the biggest-ever mobilisation of the European Union Solidarity Fund (EUSF), providing €1.2...

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business statistics in blue - white chart with a blue arrow going up

“The European Fund for Strategic Investments (EFSI), which is at the heart of the Juncker Investment Plan, has delivered the expected results...

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About

The European Parliament is one of the budgetary arms of the European Union, which means that jointly with the Council, it establishes the annual budget of the EU. This process goes through the EP's Committee on Budgets. The Committee on Budgets also sets down overarching rules on spending and approves the EU's multiannual financial framework, i.e. the EU's medium-term budget plan.

Latest

Backpackers girl waiting for the train
Press Release
04.10.2016 - 17:42

InterRail: let’s get young people enthusiastic about the EU

“The idea of the European Union is not based solely on politics, it is also a project that aims at bringing people together. We have to get young people enthusiastic about Europe again,”...
business statistics in blue - white chart with a blue arrow going up
Press Release
14.09.2016 - 19:04

MFF Revision: EPP Group calls for a better deal

"We welcome today the Commission's Multiannual Financial Framework (MFF) Revision proposal. It provides further financing for selected European initiatives until 2020, in response to new...
Financial Pie Chart - Euro
Press Release
13.09.2016 - 19:36

EPP Group rejects cuts to the 2017 EU budget

“No citizen in Europe will understand Member States advocating the need to restore economic growth and tackle the refugee crisis effectively, while proposing cuts to research and innovation,...
Financial Pie Chart - Euro
Press Release
07.09.2016 - 15:12

EU Budget needs a new system of own resources

As many Member States encounter difficulties consolidating their budgets and one of the net payers is about to leave the Union, the question of the future financing of the European Union is becoming...
Euro Currency: Stacks of 5, 10, 20 and 50 euro notes piled together
Press Release
06.07.2016 - 13:24

MFF: every euro promised to the EU budget must be used

A genuine midterm revision of the EU Multiannual Financial Framework (MFF) is indispensable if the Union wants to respond to a number of current challenges and fulfil its political objectives,...
Concept of savings analysis with banknotes and a calculator
Press Release
15.06.2016 - 10:34

EU Budget: 2015 surplus should go to refugee Trust Funds

The Budgets Committee will vote today on the Draft Amending Budget 2 (DAB 2/2016) which reduces Member States' contributions to the 2016 EU budget thanks to a €1.3 billion surplus from 2015...

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