Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-115-000"

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"en.20121025.12.4-115-000"2
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"Madam President, Erasmus is the clearest evidence of the European budgetary illusion. There have been years of irresponsibility, commitments that cannot be met, artificial transparency and spectacular declarations at every summit, while at the same time there has been less actual money in the annual budget with which the Commission can make payments, as the Commissioner explained perfectly. Ladies and gentlemen, we are carrying an annual budget deficit of more than EUR 130 billion. The amount that the EU budget owes, as we have still not been able to honour our commitments, would be enough for a whole year’s EU budget. It was therefore the Committee on Budgets, namely its Chair Alain Lamassoure, who made clear reference to the Erasmus programme in a press statement a short time ago, not as a major budget issue, but as an example of how not to budget."@en1
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