Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-392-000"

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"en.20110705.34.2-392-000"2
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"This Draft Amending Budget seeks to enter in the 2011 budget the surplus from the 2010 financial year, in accordance with Article 15 of the Financial Regulation. The report considers that ‘the part of income calculated from interest on late payments and fines is not to be considered as a surplus and should therefore not be deducted from the Member States’ contributions’ and ‘considers, on the contrary, that such income […] should be directly put back and reinvested in the EU budget’. The Council has shown itself to be critical of this position. However, Parliament turns its back on what has been said and is adopting the Council’s position without any amendments. The decision therefore comes down to the reduction of this 2010 surplus (EUR 4.54 billion) in accordance with the contributions of the Member States for the 2011 budget. This means that the reductions in question are much larger in countries with stronger economies than in countries with weaker economies. Take the example of Germany, with a reduction of EUR 923 million, compared with Portugal, with a reduction of EUR 59 million, a situation that ends up increasing unfairness in the distribution of the surplus and jeopardises the principle of the Community budget’s redistributive function, which underlies any real cohesion policy."@en1

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