Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-09-03-Speech-3-069"
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"en.20030903.5.3-069"2
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".
This draft budget seeks to incorporate the surplus from the 2002 financial year into the 2003 budget. In this regard, I share the rapporteur’s concern that the 2002 surplus totals EUR 7.4 billion, whilst acknowledging that this sum is lower than the surpluses for 2000 and 2001 (around EUR 12 billion and EUR 15 billion respectively). This is due to budget under-implementation, particularly in the Structural Funds.
I deplore the fact that these sums are not being redistributed into the Community budget and are being returned to the coffers of the Member States. We really cannot conclude that the tiny Community budget, which for 2004 could represent less than 1% of Community GNI, is more than enough, when the needs for economic and social cohesion will only increase with enlargement.
Commissioner Schreyer took the opportunity to state that this budget was ‘good news’ for finance ministers, given the problems they have had in complying with the Stability Pact, particularly in Germany and France.
This under-implementation is due, however, to the constraints imposed by the Stability Pact itself but, as a result of being inflated and associated with the instruments that have been created, in particular the ‘n+2’ rule, it is becoming a weapon with which the main cash contributors can bludgeon (and gradually renationalise the costs of) structural policy."@en1
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