European Parliament demands more flexible budget

The European Parliament recently positioned itself  regarding the current negotiations on the Multiannual Financial Framework (MFF) . In order to meet new challenges the parliament demands more flexibility for shifting funds between the different areas of expenditures as well as between the fiscal years 2014-2020.

Furthermore, the European Parliament is calling for a reformation of the budget’s own resources system.

More details about the Parliament’s position can be found here.

About Andreas Schubert

Andreas Schubert studied Economics at the University of Bayreuth. His fields of interest are political economics, development and transformation economics as well as economic history.