Daily Management Review

EC defines timing of work on EU seven-year budget


European Commission President Ursula von der Leyen said that work on the EU’s seven-year budget is expected to continue until the end of this year.

European Parliament via flickr
European Parliament via flickr
"We must continue to work, and work continuously, because there is still a long way to go to reach an agreement," she said at a press conference on Friday after the second day of the meeting of the heads of state and government of the EU countries.

Head of the European Commission noted that first the Council of the EU should make a decision on the budget and then it should be adopted by the European Parliament. Only then will decisions spill over into various projects.

“We are in a hurry, because by the end of the year all very important technical stages must be completed, otherwise in 2021 we will not have a budget,” she said. “Then there will be no Erasmus program, resources for scientific research, for border control. That's why we must continue our efforts. We are on the right track, "said von der Leyen.

Among the main challenges along this path, she called digitalization, climate change, as well as the consequences of Britain leaving the EU.

"And we must meet these challenges together, for this we need a Europe that is able to act, which has a budget," said von der Leyen.

source: ec.europa.eu