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European Commission


Brussels, 14 November 2012

Future EU budget: Statement by the European Commission on the new negotiating box presented by the President of the European Council

The President of the European Council has presented a new negotiating box on the Multi-Annual Financial Framework, which preserves the balance and order of priorities of the Commission proposal but foresees significant reductions in overall amounts allocated. We all agree that the future European budget must be a catalyst for growth and jobs. We need the right balance between investing in the right policies for growth and jobs and a shared commitment to better spending. This also means recognising the value added that our common European policies provide in tackling Europe's challenges and in enabling the Union to play its role on the international stage.

The Commission continues to believe that its own proposal strikes the right balance and that the amounts it proposed are necessary given the wide range of policies the EU needs to finance in order to promote growth and jobs across the EU. The Commission notes that while some Member States are critical of its proposal, a majority of Member States and the European Parliament support the Commission proposal.

The Commission will work constructively with the President of the European Council to find an outcome that all Member States and the European Parliament can support. The Commission calls on everyone to come together in a true European spirit so that we have a European budget that represents the interest of all.

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