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Financial Perspectives of the EU 2007-2013

Financial Perspectives of the EU 2007-2013

Financial Perspectives of the EU are actually the budget of the Union which could be also called programme budget because it is planned for a period of 7 years with strictly determined guidelines. Usually negotiating the sum of the budget, which is a percentage of the Gross net income of member states as contributions and engagements, is always a subject of serious disputes because of the numerous interests around it. In this subject you can find different aspects of the discussions that took part during the negotiations of the financial perspectives in 2005.

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The European Parliament approved EU's budget for 2010

The European Parliament has approved on Thursday the budget of the EU for 2010 which is going to be 141.453 bn euro in commitments and 122.937 bn euro in payments. This means that, according to the approved financial framework the EU will be able to make financial commitments throughout the year ...
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France is again looking for ways to keep its large share of agriculture subsidies in the EU

A group of 22 EU member states has called for a new "ambitious" agriculture policy of the EU to respond to the growing global challenges for food and climate, the EurActiv reports, quoting the official statement of the Group. The meeting of the 22 was organised by France which receives the large ...
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The government is going to Brussels fully prepared

The high level Bulgarian delegation that will visit Brussels on the 9th of September, led by the prime minister Boyko Borisov will present a concrete action plan and a mechanism for control of EU funds. Beside this the delegation, in which all ministers that manage operational programmes will ta ...

First session of the new EU Funds Management Council of Bulgaria

The first session of the newly formed EU Funds Management Council (EUFMC) of Bulgaria will be held today with the participation of the Bulgarian prime minister Boyko Borisov. All ministers whose ministries have anything to do with the absorption of the EU funds will take part in the meeting to g ...

Bulgaria will either absorb EU funds or not

The Ministry of Finance of Bulgaria has developed 2 scenarios in its mid-term fiscal framework for the period 2010-2013, for the effects of the EU funds on the economy and the budget of the country. The first scenario is developed on the assumption that "no money from EU will enter the Bulgarian ...
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Bulgaria has a serious problem with the EU funds

The new deputy foreign minister who will be responsible for the European affairs, Krasimir Kostov, confirmed for the media that on 4 EU programmes the European Commission has remarks and, therefore, the the compliance assessments will be returned for revision. The programmes in question are "Tra ...

No money is blocked on SAPARD, claims the Ministry of Finance

The Bulgarian Ministry of Finance and the European Commission's representation in Bulgaria made two separate clarifications regarding the money that are to be delayed on the pre-accession agriculture programme SAPARD. These clarifications were made after the media in Bulgaria published quotes fr ...

IME: Farmers' subsidies harm agriculture

For the last 6 years the farmers in Bulgaria have used tax reliefs for 779 mn. levs (399 mn euro) in the form of no taxes over their income, the tax over the profit is ceded in 60 % and the paid excise duty over the fuels is being returned. In the meantime, in spite of the enormous assistance, a ...

0.42% is the absorbed money by Bulgaria for agriculture from the EU

During a meeting with farmers in Burgas, the European commissioner for consumers Meglena Kuneva who is now leading the list of candidates of the NDSV (National Movement for stability and progress) and former minister of European integration of Bulgaria said that Bulgaria has absorbed only 0.42% ...
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843 mn is Bulgaria's contribution to the EU budget so far

Bulgaria has received 2 bn and over 600 mn euro from all possible programmes of the EU by May 2009. Instead, Bulgaria has contributed to the EU budget from the beginning of its membership on the 1st of January 2007 until the 30th of April 843 mn euro, the deputy prime minister, responsible for t ...

Plugchieva reports her achievements

Meglena Plugchieva will present a report for the first year of her work as a special deputy prime minister, responsible for the euro funds. This post has been created especially for the purpose exactly a year ago after a report of OLAF leaked to the media in which there was very detailed informa ...

No money for Bulgaria and Romania

The EP voted a very important report today about the future of the Structural policy of the EU that has to take account of the enlargements and their influence on this Policy. The author of the report is the German MEP Markus Pieper who is also a deputy spokesman of EPP for regional policy. This ...

The dispute over the budget continues

In June last year, during one of the heartbreaking European councils in Brussels when the EU leaders tried to agree on the Financial perspectives, the European parliament (EP) already had the so called interinstitutional agreement, giving the EP more rights on financial issues. If you remember, ...

The CAP and the EU budget

One of the main problems in solving the disputes around the budget of the EU for the next 7-year period (2007-2013) is the Common Agriculture Policy (CAP) which takes almost half of the budget of the EU. This was the main topic of many other articles on euinside and that is why I offer you now a ...
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New proposals for the budget

The British EU Presidency took the hard task in July 2005 to find a compromise for the approval of the financial perspectives of the EU for the period 2007-2013. The latest proposal of the UK was commented for euinside by Janusz Lewandowski, president of the Budget and Finance committee at the E ...
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The EU budget for 2007-2013

The dispute about the financial perspectives of the EU for 2007-2013 or the budget of the Eu. This issue provoked fierce discussions around the "controversial and delicate" topic of the British rebate or return of budget money to the UK - 3 bn euro each year. Britain put the abolishment of the r ...