Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-290"

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"en.20101020.21.3-290"2
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"For the first time since the Treaty of Lisbon entered into force, the European budget has been adopted on a single reading. This is also the first time that Parliament has exercised greater decision making impact than Council. This increased power must, however, be accompanied by a high sense of responsibility and realism imposed by the persistent economic crisis. In this regard, the Committee on Budgets has sent out a clear signal by opting to respect the margins imposed by the current financial situation and implementing a tough policy based on priorities to encourage growth with the emphasis on research, innovation and young people. I welcome this Chamber’s decision to follow the guidelines of the Committee on Budgets and the Member States, which are often forced into debt following excessive EU cash advances. The Union Budget must nevertheless be reconsidered in the light of the new powers arising from the Treaty of Lisbon and the need for own resources. These matters require firmness during conciliation in order to provide adequate financial support to such an ambitious project as the EU 2020 strategy."@en1

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