Summary
The European Parliament proposes a 2015 budget focused on growth, research, and youth employment, while strongly opposing Council cuts that threaten to create a structural deficit. 10 22.10.2014
Other
budget
energy
economy
transport
education
human rights
social policy
public finance and budget policy
employment and working conditions
research and intellectual property
Key points
- The European Parliament proposes an overall budget for 2015 of approximately 146.4 billion euros in both commitments and payments.
- The Parliament criticizes the Council for reducing the budget to roughly 145 billion euros in commitments and 140 billion euros in payments.
- There is a significant concern regarding a massive backlog in payments, particularly in cohesion policy, which reached over 23 billion euros by the end of 2013.
- The Parliament decides to prioritize reinforcements for core programs like Horizon 2020 (research), Erasmus+ (education), and the Digital Agenda.
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