European Parliament Alerts from the Budgets committee

Highlights - EU budget 2018: Plenary debate and vote on outcome of the budgetary conciliation - Committee on Budgets 30-11-2017 02:22 PM CET In the early hours of 18 November, Parliament and Council reached a provisional agreement on the 2018 Union budget during a conciliation procedure. The preliminary figures are EUR 160.1 billion in commitment appropriations and EUR 144.7 billion in payment appropriations. Parliament secured increases for the Youth Employment Initiative (+EUR 116.7 million), programmes key to boosting growth and jobs, such as Erasmus+ (+EUR 24 million), Horizon 2020 (research, +EUR 110 million) and COSME (support for SMEs, +EUR 15 million), as well as for agencies with security-related tasks (Europol, Eurojust and EASO) and the EU's external action (+EUR 80 million), including the Eastern and Southern Neighbourhoods and the Western Balkans. At the plenary sittings of 29 and 30 November, Members will take a close look at the terms of the agreement. The debate, on Wednesday 29 November (afternoon), will be followed by the plenary vote on Thursday 30 November. Further information 2018 budgetary procedure Steps of the procedure Plenary agenda Press release (18 November) Top Story: The EU's budget for 2018 Source : © European Union, 2017 - EP Newsletters - Newsletters 2017 : December - Committee on Budgets 30-11-2017 01:17 PM CET 4 December 2017 Source : © European Union, 2017 - EP Highlights - Vote on EU guarantee to the European Investment Bank and External Guarantee Fund - Committee on Budgets 30-11-2017 11:00 AM CET On 29 November, EP and Council reached a provisional agreement on the External Lending Mandate and the Guarantee Fund for External Actions (GFEA). The agreement's terms will be put to the vote in BUDG on 4 December. Under the ELM, the EU provides a budgetary guarantee to the EIB for loan and loan guarantee operations outside the EU in support of EU external policy objectives. The GFEA protects the EU budget from shocks that might otherwise occur in case of defaults on loans guaranteed by the EU. A total of 9 trilogues took place since the start of negotiations on 12 April. Agreed new elements include: to introduce a fourth high-level objective for the mandate addressing root causes of migration; to release the optional EUR 3 billion mandate; to create an additional maximum ceiling for the EIB's private sector mandate amounting to EUR 2.3 billion, while introducing a comprehensive guarantee for private sector operations directly linked to refugees and host communities, thus extending the coverage of the EU guarantee to commercial risks. The co-legislators also reached agreement on: greater flexibility between region envelopes to optimise the use of the Guarantee, a gender perspective applied to all financing operations, strengthened human rights monitoring and transparency, stronger provisions on non-cooperative jurisdictions, and an independent external evaluation of the advantages/disadvantages of entrusting asset management of the GFEA to the Commission, the EIB or both. Further information Meeting documents Webstreaming Source : © European Union, 2017 - EP QUESTIONS? STAY CONNECTED  Contact Us |   This email was sent on behalf of the European Parliament · Bât. Altiero Spinelli · 60 rue Wiertz / Wiertzstraat 60 · B-1047 - Bruxelles/Brussels  · Belgium · Phone: +32(0)2 28 42111