Download or read book EU Financial Framework from 2014 written by Great Britain: Parliament: House of Lords: European Union Committee and published by The Stationery Office. This book was released on 2011-04-05 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The EU Multiannual Financial Framework (MFF) will shape what the EU achieves in the second half of this decade. This report is set against the themes of the EU's "Europe 2020 strategy": smart, sustainable and inclusive growth. The report includes three principal recommendations: Common Agricultural Policy must be reformed; the EU's budget must not grow in real terms; the EU must spend its money more carefully. The Common Agricultural Policy must be reformed to release resources for other priorities, including research. One third of the EU's budget still goes on agricultural subsidies. Overall funding must be reduced. And the CAP must shift resources behind rural development (pillar two) from production (pillar one). The Committee calls for an end to trade-distorting subsidies, and a focus on today's challenges: global food security, biodiversity and climate change. The Committee found proposals for new EU revenue streams or taxes (own resources) to be an 'unfortunate distraction' on which it will be impossible to reach agreement. It also recommends that the Financial Framework be for five years, not seven as at present, so that it has more flexibility to respond to changing events - such as recent events in North Africa - and economic circumstances, like the financial crisis. EU mismanagement of large scale projects is unacceptable. And the EU's regional development funds should go to where they are most needed: the EU's poorest countries. And the EU should not spend at all where EU spending adds no value compared with spending at national or regional level.
Download or read book European Commission Proposal for the 2014 2020 Multiannual Financial Framework written by European Commission. Directorate-General for the Budget and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The multiannual financial framework (MFF, formely 'financial perspectives') is not the budget of the EU for seven years. It is a mechanism for ensuring that EU spending is predictable and at the same time subject to strict budgetary discipline. It defines the maximum amounts ('ceilings') available for each major spending area ('heading') of the Union's budget. Within that framework, the European Parliament and the Council, which are the 'budgetary authority' of the Union, have to agree each year on the budget for the subsequent year. In reality, the annual budget adopted always remains below the overall ceiling of the MFF -- EU Bookshop.
Download or read book The Multiannual Financial Framework 2014 2020 written by Great Britain: Parliament: House of Lords: European Union Committee and published by The Stationery Office. This book was released on 2012-05-03 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: The EU's next Multiannual Financial Framework (MFF) will run from 2014 to 2020 and will dictate much of what the EU does until the end of this decade. The Government oppose any increase in real terms, and this position has dominated their response to the Commission's proposals. This report considers the Commission's detailed proposals for this seven year budget in the context of the euro area crisis and uncertain growth figures for the start of the next MFF. It aims to take each of the key proposals on its own merit and makes recommendations for both budgetary restraint and budgetary increases where these are justified. The Committee are broadly supportive of the Commission's proposed budget and reforms for cohesion funding, including the Common Strategic Framework, which forms part of the Commission's simplification agenda. However they remain opposed to the proposal to introduce macroeconomic conditionality; withdrawing funds from an ailing economy only risks making matters worse.
Download or read book Multiannual Financial Framework 2014 2020 and EU Budget 2014 written by and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this publication is to present the key figures of the 2014-2020 multiannual financial framework (MFF) as well as to present an overview of the 2014 EU budget. It also contains basic information on the budget revenue. The 2014-2020 MFF brings in a whole set of new programmes that cover Europe's political priorities for the next 7 years: research and innovation (Horizon 2020), connecting together the transport, energy and IT infrastructure of all Member States (connecting Europe facility), education (Erasmus+), job opportunities for our youth (youth employment initiative) and competitiveness of Europe's businesses (COSME), to name a few. In a nutshell, the next financial period will see Europe do more -- especially in the abovementioned areas -- with less, as for the first time the ceilings for that period will be lower than the previous ones. As for the 2014 EU budget, it will be the first budget of the new financial period (2014-2020). Both the budget and the MFF, born in times of crisis, reflect the current situation in the EU. Signs of economic recovery are visible, but it is too early to talk about the crisis in the past tense. -- EU Bookshop.
Download or read book A Guide to EU Funding written by European Commission and published by . This book was released on 2017 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: In response to the evolution of the world economy and its impact on Europe, the European Commission proposed a set of programmes to boost jobs, growth and investment across the European Union. The programmes are part of the multiannual financial framework 2014-2020. This publication guides you through these programmes and the funding opportunities they offer are briefly described here in this booklet. Detailed information is available on the European Commission's website. EU funding opportunities prove the added value of the EU budget in a number of fields, from research, employment, regional development and cooperation to education, culture, environment, humanitarian aid and energy, among many others. Significant support is available to small and medium-sized businesses, non-governmental and civil society non-profit organisations, young people, researchers, farmers and public bodies, to name a few.
Download or read book The EU s Multi annual Financial Framework for 2014 2020 written by Sándor Richter and published by . This book was released on 2013 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a consequence of the 2008 - 2009 international financial crisis the European Union is undergoing per-haps its most difficult period since the beginnings of the European integration. The response to this challenge includes decisions and planned steps to strengthen fiscal discipline in the member states, safeguard measures against a falling-apart of the eurozone and the introduction of a Union-wide super-vision of the European banking sector. A new fiscal capacity (budget) for the eurozone is under consid-eration. It seems that the extraordinary situation has triggered a wave of extraordinary reforms throughout the EU. In one area, the Community Budget, however, time seems to have stopped temporarily. The European Council of 22-23 November 2012 was unable to arrive at a compromise on the terms of the Multi-annual Financial Framework (MFF or the EU budget) and postponed the decision to 7-8 February. The contradiction between the decades-old unsolved budgetary problems and the rapidly changing environment cannot be greater as it is now.
Download or read book European Commission Proposal for the 2014 2020 Multiannual Financial Framework written by European Commission. Directorate-General for the Budget and published by . This book was released on 2011 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book European Union Budget Reform written by G. Benedetto and published by Springer. This book was released on 2012-10-10 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: A tension between (richer) contributing Member States and (poorer) recipient Member States has always characterised the history of the budget of the European Union, the politics of which has often turned fraught. This volume evaluates the prospects for major change to expenditure and the structure of the budget for the period starting in 2014.
Download or read book EU Budget 2014 written by and published by . This book was released on 2015 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2014 EU budget was the first one to be implemented under the 2014-2020 multiannual financial framework (MFF). It was also the first budget in EU history that was lower than the previous year's. It amounted to EUR 143 billion in commitments, representing around 1 % of EU gross national income (GNI), and EUR 139 billion in payments. The 2014 budget had a transitional character as it was at the crossroads of two programming periods: the 2014-2020 programmes needed to start swiftly while the 2007-2013 programmes had to be finalised, thus leading to a record level of payment needs to honour past commitments. It was more than ever an 'investment tool'. In many EU Member States it was even the main source of investment. It focused primarily on boosting growth, jobs and investment, for example through the creation of the Youth Employment Initiative targeting young people who were not already working, studying or training. It also supported enhanced access of small and medium-sized enterprises (SMEs) to finance via a new programme, 'Competitiveness of enterprises and small and medium-sized enterprises' (COSME). Moreover, during this year all EU institutions continued to reduce their staff levels by 1 % so as to meet the 5 % staff reduction target over 5 years.
Download or read book EU Multiannual Financial Framework MFF 2014 2020 written by and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book EU Financial Framework from 2014 written by Great Britain. Parliament. House of Lords. European Union Committee and published by . This book was released on 2011 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book European Union Public Finance written by European Commission. Directorate-General for the Budget and published by . This book was released on 2014 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: As well as a presentation of the new 2014-2020 multiannual financial framework, this book covers the full history of the EU budget from 1953 on. It also offers an in-depth explanation of the legal framework governing the adoption and management of the EU budget as well as an overview of its structure. Last but not least, it features a detailed overview of the control mechanisms which apply to the EU budget so that it respects sound financial management principles. This publication provides expert readers with the information needed to gain a more detailed understanding of how the EU budget can contribute to building a competitive and more prosperous Europe. It can also serve as a solid reference work for all those interested in EU budgetary matters.
Download or read book Thirteenth Report of Session 2012 13 written by Great Britain: Parliament: House of Commons: European Scrutiny Committee and published by The Stationery Office. This book was released on 2012-11-02 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How Flexible is the EU Budget written by and published by . This book was released on 2020 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1988 introduction of multiannual financial frameworks (MFF) in the European Union (EU) budgetary system has improved financial predictability and facilitated the development of multiannual spending programmes, but has had to be balanced by measures that provided some flexibility and ability to react to unexpected situations. Over the years, these flexibility instruments and mechanisms have developed and proved to be useful. Occasions to use them were frequent, as the crises and challenges faced by the EU required actions that could not be financed under the tight expenditure ceilings of the agreed MFFs. Experience of implementation of the 2014-2020 MFF demonstrated that, with neither relevant flexibility mechanisms nor the possibility to revise the MFF in the mid-term, achieving policy goals and reacting adequately to unexpected events and crises, especially in the area of migration and security, would be impossible. The flexibility of the EU budgets has already featured as an important issue in the negotiations of the 2021-2027 MFF. The views of the main actors - the European Commission, the Parliament and the Council -on enhancing and designing such flexibility instruments diverge. It has yet to be seen if the issue,following the pattern of the 2014-2020 MFF negotiations, will play a key role in reaching anagreement.
Download or read book HL 103 The Post crisis Eu Financial Regulatory Framework Do The Pieces Fit written by The Stationery Office and published by The Stationery Office. This book was released on 2015 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Committee criticises the belated recognition of the importance of the growth agenda. It welcomes proposals for an Investment Plan for Europe and for a Capital Markets Union. Yet the responsibility for promoting growth and prosperity lies not only with the Commission but with every Member State.The UK has the largest financial sector in the EU, and the implications of these reforms for this country are therefore immense. Yet the Committee finds that the UK's influence over the EU financial services agenda is diminishing. It calls on the Government and all UK authorities to take urgent steps to correct this. The prosperity of the City of London, and the financial services industry it hosts, is in the interests not only of the UK but of the EU as a whole.
Download or read book Determining the EU s Multiannual Financial Framework 2014 2020 written by R. Juul Jepsen and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Performance Framework for the EU Budget Under the 2021 2027 Multiannual Financial Framework written by and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2021-2027 multiannual financial framework (MFF) is at the heart of the EU's economic policy framework, more so today than ever before. The EU budget will power the EU's response to the COVID-19 pandemic. It will help to address the ongoing health emergency, kick-start the recovery, steer our economies and societies towards a more sustainable, digital and resilient future, and strengthen the EU's geopolitical role. Over the next seven years, unprecedented amounts of funding will be channelled through the EU budget to address these challenges. Together with NextGenerationEU - the EUR 750 billion recovery instrument - the 2021-2027 MFF amounts to more than EUR 1.8 trillion. This is close to double the size of the budget for 2014-2020 and is the largest investment package ever financed through the EU budget.
