MEPs to debate the 2007 budget discharge

Published: 20 May 2009 y., Wednesday

Pinigai
Is your money well spent at EU level? Every year, in April, the EP concludes its examination of EU spending for the financial year closed 16 months previously. Its job is to make sure taxpayers' money has been used well and to call for improvements where they are needed. On Tuesday, MEPs will debate in Strasbourg whether to grant discharge for the 2007 budget. The Budgetary Control Committee said there were clear improvements in the EU budget spending.

The debate on the report concerning the Council will take exceptionally place on Wednesday in the presence of Council representatives. A vote will be held Thursday and you can watch all the debates live here online.
 
The Budgetary Control Committee voted on 16 March to postpone granting discharge in two cases, the budgets administered by the Council and police college. In the first case because of concerns that some of this expenditure was not purely administrative but also used for foreign and defence policy and thus should be subject to sufficient parliamentary scrutiny.
 
Criticisms and recommendations
 
On the wider EU budget a series of reports which will be debated today found:
 
  • High levels of error concerning agriculture payments with 20% of payments containing contain errors. ("Errors" can cover everything from a wrong form filled in to fraud). As over 80% of all EU expenditure is administered by member states the Parliament wants governments to sign off these budgets as well.
  • Problems with the structural funds with at least 11% not being properly reimbursed.
  • That the European Court of Auditors had not been able to issue a "Declaration of Assurance" - certifying that error levels in the budgetary management chain were under acceptable thresholds - for the 14th consecutive year.
 
However, on the overall quality of EU expenditure recommends giving discharge to the rest of the European institutions and agencies.
 
The Budgetary Control Committee - which adopted the measures on 16 March - called for the following improvements:
 
  • That the Commission simplify procedures as a large number of errors are caused by complicated and unclear legal requirements.
  • National governments improve their budgetary control systems.
  • EU members co-operate better in checking spending and recovering incorrectly spent funds as over 80% of EU expenditure is administered by the member states.
 
What's the discharge?
 
The Parliament is empowered by the treaties to give the budget "discharge" (to verify the accuracy of the budgetary management) to the EU institutions and bodies for the execution of the EU budget. The discharge closes the life of an annual budget. The Parliament bases its decision on recommendations from the Council and the annual report from the European Court of Auditors.

Šaltinis: europarl.europa.eu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Statement at the Conclusion of an IMF Staff Mission to Chad

The mission held constructive discussions with Prime Minister Emmanuel Nadingar, Finance Minister Gata Ngoulou, Infrastructure Minister Adoum Younousmi, and other senior officials. more »

EBRD helps improve quality of electricity supply in South Caucasus

The EBRD is helping to improve the quality of power supply and stimulate renewable sources of energy in the Caucasus with an €80 million sovereign loan to Georgia for the construction of a new high voltage transmission line - the Black Sea High Voltage line, which will interconnect Georgia and Turkey. more »

New railway bypass in Tbilisi

The EBRD is helping to improve the infrastructure of the Georgian capital, Tbilisi, with a €100 million loan for the construction of a new railway route bypassing the city. more »

"Notre Europe" chair Tommaso Padoa-Schioppa on the euro

One of the men considered to be the founding fathers of the euro currency met MEPs on the Foreign Affairs Committee Tuesday (16 March) to talk about transatlantic relations. more »

Commission consults stakeholders over trade policy towards developing countries

European Trade Commissioner Karel De Gucht today opened a conference focused on the European Union's trade policy towards developing countries. more »

Results Profile: Mexico Finance

At the beginning of the 2000s, state ownership in financial intermediation in Mexico accounted for about 20 percent of the total credit of the banking system, provided through development financial institutions and funds. more »

European Enterprise Awards 2010 – 12 nominees shortlisted

Halving the number of business failures by offering individual support, doubling the number of young people who want to start their own business or raising by 500% the number of enterprising new cooperatives are just some of the projects nominated for the European Enterprise Awards 2010. more »

Companies are invited to apply for Marco Polo funding to fight road congestion and make freight transport greener

The European Commission has published the fourth call for proposals for the creation and upgrade of freight transport services under the second Marco Polo programme. more »

15 March 2010 - ECB announces EU-funded cooperation programme with the Central Bank of Bosnia and Herzegovina

The European Central Bank (ECB) today announced a programme of technical cooperation with the Central Bank of Bosnia and Herzegovina, in collaboration with a number of euro area national central banks (NCBs). more »

Commission pays €1 billion in Balance of Payments support to Romania

The EU disbursed today €1 billion to Romania, the second instalment of a €5 billion loan, which was agreed in May 2009 as part of a multilateral financial assistance package. more »