Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-106-000"

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"en.20120613.6.3-106-000"2
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"The EU budget makes up only a relatively small portion – just 2% – of all public spending in the EU. Therefore, it must facilitate the achievement of the common EU policy goals. It will not be possible to achieve them without adequate financing from a stable European budget. That is why I support the requirement – which is also set out in the European Treaty – to ensure adequate revenue obtained from resources that are truly Europe’s own. Before we approve the multiannual financial framework, we must achieve a political agreement on a reform of the own-resources system that would ensure its transparency, fairness and sustainability. Furthermore, in determining expenditure under the European multiannual financial framework, we must strictly adhere to the principles of solidarity, balanced territorial development and fair competition. This particularly applies to the common agricultural policy, where subsidies that distort fair competition are most obvious."@en1

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