Press Release

Unused EU money must be put to use

Brussels
, 25.04.2016 - 15:23
Business finance chart and Euro banknotes

"Each year, around €2 billion in commitments foreseen in the EU budget remain unspent as the actions for which they were earmarked are not implemented. This amount should remain in the EU budget in order to fulfil the engagements that Member States have made", says the EPP Group.

“We propose a simple way of helping Member States meet their objectives: the sums which are not executed as initially foreseen should be reinstated to the EU budget instead of simply being lost. We are aiming for an EU budget without losses and that it is fully implemented in regard of the commitments appropriations”, explained the EPP Group Budgets Spokesman José Manuel Fernandes MEP.

The EPP Group stresses that these de-commitments should be made available again to face the emergent needs of the EU budget.

"The EU has emergent needs in its budget that must be fulfilled, such as the refugee crisis and other financing needs for objectives such as jobs and growth. Member States should now fulfil their commitments”, said Marian-Jean Marinescu MEP, Vice-Chairman of the EPP Group.

As a result, the EPP Group calls upon the European Commission to make the necessary proposals, particularly within the revisions of the Financial Regulation and the current MFF, to widen the flexibility of the EU budget by foreseeing the possibility to make unused money available for emerging EU budgetary needs.

Note to Editors

EPP Group Members involved include Lambert van Nistelrooij, EPP Group Coordinator in the Regional Development Committee, Jan Olbrycht, Rapporteur of the MFF revision, Ingeborg Gräßle, Rapporteur on the Financial Regulation, Reimer Böge, Vice-Chairman of the EPP Group Working Group Budget and Structural Policies, and Maria Spyraki, Member of the Regional Development Committee.

The EPP Group is the largest political group in the European Parliament with 215 Members from 27 Member States

MEP Contacts

-
José Manuel FERNANDES
BRU - Phone: +32 (0)2 2845165 Fax: +32 (0)2 2849165
Email: josemanuel.fernandes@europarl.europa.eu
-
Marian-Jean MARINESCU
BRU - Phone: +32 (0)2 2845416 Fax: +32 (0)2 2849416
Email: marian-jean.marinescu@europarl.europa.eu

Press Contacts

Francisco Correia Da Silva
Press Relations Budget and Structural Policies Working Group, Budgets, EIN, Portugal; Communications Strategy
Phone: +32 470 830 567
Pete Pakarinen
Press Relations Budget and Structural Policies Working Group, Budgetary Control, Agriculture and Rural Development, Finland; Communications Strategy
Phone: +32 470 830 213

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