TNBiz (TNBiz)
World  |  June 20, 2011 12:15:07

The head of the European Parliament Jerzy Buzek introduced the concept of the EU budget


PRAGUE (MEDIAFAX) - More efficient use of resources, new financial resources of the budget, but also changes in the budget structure is a key concept of the multiannual financial framework. Then on Monday at a conference titled Financial Perspective of the European Union introduced the President of the European Parliament, Jerzy Buzek.

"Community budget must reflect the ambitious goals of the European Union," said Buzek. The concept of restructuring the financial framework is divided into four chapters.

Member States must, he says, accept the principles of internal policies, such as employment policy and resource management, and to be able to achieve the objectives of the EU Strategy 2020, Buzek said.

An essential part is the head of the European Parliament due to the pace of global as well as better use of resources. "Europe must consider how to better take advantage of the European budget. Europe is not a savings bank, but a kind of an investment bank," Buzek said, adding that 94 percent of the EU budget to Member States in terms of returns on investment. The remaining six percent of funding goes to cover administration.

Should be secured all objectives would have to be EU budget for 2013 increased by five percent Buzek. "That would mean an increase in the contribution of Member States by 0.1 percent," he explained.

European Parliament President mentioned the reasons that prevented the European Union in achieving its objectives.

"Unlike the U.S., where Member States contributing 25 percent of gross national product, the Member States of the European Union contribute just one percent," he said Buzek. Current trends in some states, are opposite in the U.S. as it tries to defend the state budget and contributions to the EU budget not to increase. These steps are not correct according to him, and prevents the European Union in a dynamic development.

A key area in defining the financial framework of the European Union, according to President of the European Parliament as well as finding new financial resources. "It is a controversial topic, but the need for new resources is extremely timely," said Buzek.

"New sources should not be obtained by raising taxes, they would in turn lead to lower tax rates between Member States," said Buzek. The own resources system, according to him was also fairer and more transparent.

"If we want to respond to global changes in a better way, we should be stronger and faster koordinovatelní," said Buzek.

Jerzy Buzek during his post mentioned the current debate over financial aid to Greece. "We should encourage Member States, because our economies are interdependent. Costs of safeguarding the stability of the euro area are lower than the eventual fall of the euro area," concluded Buzek.

Monday's conference in the Senate was attended by many leading experts. With contributions spoke on the Senate chairman Milan Stech (CSSD), the Party of European Socialists Vice-Chairman Vladimir Spidla, economists Peter Gardener and Michal Mejstrik, as well as shadow finance minister Jan Mladek (CSSD).

Peter Gross,

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Šéf Evropského parlamentu Jerzy Buzek představil koncepci unijního rozpočtu

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