Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-542-000"
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"en.20120215.24.3-542-000"2
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"Mr President, in the context of economic constraints currently faced by the Member States, complying with budget discipline is essential. The institutions must display responsibility and budget austerity. At present, the administrative expenditure of the institutions represents approximately 5.8% of the EU’s total budget. With a view to making additional savings, the overlaps and inefficiencies of the budget lines must be identified. Furthermore, the possibilities of making savings after implementing the knowledge management system must be considered. I draw attention to the principles of good management referred to in Article 27 of the Financial Regulation. In this regard, I believe that the institutions’ budgets must clearly reflect the principles of economy, efficiency and effectiveness."@en1
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