Follow Us

Follow us on Twitter  Follow us on LinkedIn

News

GrahamBishop.com will resume our weekly e-mails on 4th September and will only update the website occasionally in the interim. We wish you happy holidays!

Graham Bishop at ECON's public hearing on DRF/eurobills - 1 April Video

Latest article on TEF Text

Graham Bishop at 33 in Top 40 British EU policy 'influencers' link

Monthly Assessment of EU integration progress link
View all Latest News
Graham Bishop @GrahamBishopcom
Free Tweetmail
 

#BankingUnion faces legal challenge in Germany
View

7:23 PM Jul 29

The shooting start #Putin burns brightly but will the EU turn the gas power down? #CMU becoming a serious opportunity
View

1:49 PM Jul 28

Article List:

 

The interim report put forward by the President of the European Council in October 2012 advocates the creation of a budgetary organisation that would have borrowing capacities. The ensuing European budget would finance structural and competitiveness reforms implemented by the Member States to overcome the crisis.

“An integrated budgetary framework to ensure sound fiscal policy making at the national and European levels, encompassing coordination, joint decision-making, greater enforcement and commensurate steps towards common debt issuance. This framework could include also different forms of fiscal solidarity.” Source: HvR June 2012 Report



Multiannual Financial Framework (MFF)

A framework laying down the maximum annual amounts which the European Union may spend in different policy fields over a fixed period of not less than five years.

The purpose of the MFF is to

  • translate political priorities into figures;
  • impose budgetary discipline on the EU; and
  • facilitate the adoption of the annual EU budget.

The future MFF will cover the 2014-2020 period and is currently under negotiation.

Infographic - EU budget explained, 12.2.14






Welcome to the GrahamBishop Archive.

If you would like access to more current information please subscribe to our trial membership