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FUTURE OF EUROPE

Mairead McGuinness MEP Backs Call for Greater EU Budgetary Resources

January 9, 2018 April 3, 2018 Mairead McGuinness560 views

Mairead McGuinness MEP and First Vice-President of the European Parliament has welcomed comments from European Commission President, Jean-Claude Juncker, that EU budgetary resources need to be strengthened beyond the current levels.

Speaking at a high level conference “Shaping our Future – Designing the Next Multiannual Financial Framework” on the future of the EU budget,  Mr Juncker rejected the sometimes divisive view between net payers and net recipients of the EU budget, claiming that all member states are recipients from the budget.

“President Juncker is ambitious for the future of the EU budget acknowledging that the budget needs to be strengthened not weakened,” McGuinness said.

“There is a need to address new policy areas and new funding is therefore required. There is pressure to increase spending on numerous fronts, including border protection and migration generally. There may also be a need for additional funding to protect some EU regions against losses arising due to Brexit.

“Raiding existing policies to fund new ones is not acceptable. There are concerns that there will be pressure on the budget for the Common Agriculture policy, at a time when additional demands are being made on the policy and on farmers.”

Brexit could result in a gap of at least €9 billion per year, the Midlands North West MEP warned.

However, the extent of the shortfall will be determined by the policy areas which the U.K. might continue to be part of and therefore contribute financially to.

“The Commission President said the remaining EU members would have to pay more to finance existing and new priorities and urged member states to move away from the current ceiling of 1pc of economic output.

“I support his comments that we need more than 1pc of European GDP, if we are to pursue new and existing EU policies and fund them adequately.

“The EU needs to set out its priorities for a stronger Europe and make funds available to match that ambition,” Vice-President McGuinness added.

Total annual economic output of the EU is roughly €20 trillion, or €17.5 trillion, excluding the UK. The current EU budget is €160.1 billion. The next Multiannual Financial Framework will run from 2020 to 2027.

Mairead McGuinnessJanuary 9, 2018

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Vice-President of the European Parliament and MEP for the Midlands-North-West region of Ireland. Member of the EPP Group.

Instagram post 2190190286261441181_3711374080 When its icy 🥶 ❄️ underfoot - it helps to be supported 😂 anyone guess the name of my stabilizers? Answers on a postcard ... @finegael @eppgroup
Instagram post 2185126040150331727_3711374080 Women on social media can often be the target of nasty and aggressive language and behaviour. On International Day for the Elimination of #ViolenceAgainstWomen I‘m supporting @EPPGroup initiative against cyber violence #CallitOut #ZeroTolerance #EndVAW #orangetheworld @finegael
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Instagram post 2172704176387924071_3711374080 A fond farewell Requiem Mass for Gay Byrne at St Mary’s Pro-Cathedral, Marlborough Street, Dublin today. RIP
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