The competitiveness Pact (The Euro Plus Pact), the principles of economic governance and the Emergency Summit in Brussels are, essentially, the events that marked this year, economically speaking.
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The Emergency Summit in Brussels, on July 22 2011, has an extremely hot topic on its agenda, regarding the sovereign debt crisis: finding a solution to Greece’s financial situation.
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Comission for the economic, financial and social crisis (CRIS) ,created a year and a half ago, by the European Parliament, submitted a final report containing a series of recommendations to reduce the effects of the crisis and to prevent similar crises.
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Comisia pentru criză economică, financiară şi socială (CRIS) creata în urmă cu un an şi jumătate de Parlamentul European şi-a încetat activitatea. The European Commission launched a public debate on the project of the future budget for the European Union, between 2014 and 2020. The budget aims to make a number of changes regarding the sources of fundings and budget allocations.
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The legislative package regarding the economic governance was partially voted by the European parliament. At this moment, negotations are being held between the Council of Ministers and the European Parliament to reach an agreement on the package. If they reach an agreement, the final vote will be awarded by the European Parliament in early July.
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Voting the legislative package regarding the economic governance was stuck when facing the question: ”Who penalizes states if they deviate from the principles stated in the package?” The answers differ from the Council of Minister to the European Commission.
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Aproximately 40% of the EU budget is allocated to agriculture and rural development payments.
In Europe, there are important differences, in terms of agricultural development, and differences between Member States regarding the future Common Agricultural Policy.
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About 40% of the EU budget is allocated to agriculture and rural development payments.
In Europe there are important differences, in terms of agricultural development, and differences between Member States regarding the future Common Agricultural Policy.
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Currently, at a European level, there are several debates over EU’s multiannual budget (the financial perspective 2013-2020), as well as new ways of financing.
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Debate on the economic governance theme overlaps credentials amending institutions. Thus, the proposed financial sanctions applied by member states of the European Commission instead of the European Council, will be validated.
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