Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-391-750"

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"en.20110705.34.2-391-750"2
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". We should be pleased that at this time of crisis Member States will get this money back, especially as some actually need it. However, at the same time, this amount for EUR 4.54 billion derives partially from the Commission’s underimplementation of the 2010 budget (EUR 2.72 billion), while the remainder comes from the fines levied by the Commission under competition law. While I may agree that the money which was not used should be returned to Member States, as stipulated in the Treaties, I regret that the money generated from fines is not carried over to the next budget year, which would benefit from this money. Today, our vote is guided by the letter of the Treaty. However, this point must be examined and I believe that fines levied under competition law must be the EU’s own resources and be carried over to subsequent budget years."@en1

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