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< Back to News
EU's 2017 budget: Parliament starts drawing up its position
30 August 2016

Every year the European Commission proposes a budget for the EU for the following year. The final figures then have to be agreed by both the Parliament and the Council, which represents the member states, before the budget can be adopted.

As the Council tends to propose figures below what the Parliament is asking for, the two institutions enter into negotiations in order to find an agreement. This takes place after the Parliament adopts its position at the end of October and is referred to as the conciliation process.

The conciliation process, which should take a maximum of 21 days, could take place in November. Once completed, MEPs can vote on the outcome of the negotiations at the end of November.

German S&D member Jens Geier will negotiate on behalf of the Parliament regarding the bulk of the EU's budget for 2017, namely the part managed by the European Commission, while Indrek Tarand, an Estonian member of the Greens/EFA group, will negotiate on behalf of the Parliament regarding all other sections and institutions." 

To find out more about the budgetary procedure, click on our interactive infographic at the top of this article.

Timetable

This week eleven parliamentary committees determine their position on next year's budget. The other committees will vote on their position over the coming weeks. After that it is up to the budgets committee to draft the Parliament's position. MEPs then  vote on it during the plenary session at the end of October.

The stakes involved

The Commission has proposed an EU budget of €134.9 billion in payments and €157.7 billion in commitments for next year. Commitments are what the EU undertakes to spend on programmes and may span more than one year, while payments are the actual expenditure foreseen for the next 12-month period.

However, the Council wants to cut the budget for commitments by €1.3 billion in commitments (-0.81%) and for payments by €1.1 billion (-0,82%).

According to the Parliament, the budget priorities should continue to be tackling the migration crisis while helping the economic recovery.

Review of the long-term budget

The upcoming 2017 budget will be the fourth annual budget in the current EU’s long-term spending plan, also known as the Multiannual Financial Framework. When the long-term budget was adopted in 2013, Parliament insisted on a mid-term review, which will take place this autumn. This is bound to affect the negotiations for next year's budget.


  • Creative Europe Project ...
    The Department of Haute-Loire is looking for three European partners to parti...
    25 August 2017
    read more...
    Europe Direct Valletta
  • White paper on the futur...
    White paper on the future of Europe...
    27 July 2017
    read more...
    Europe Direct Valletta
  • The EU's response to the...
    One of our student interns produced this well-written article about the ongoi...
    20 February 2017
    read more...
    Europe Direct Valletta
  • The importance of labour...
    This article, written by a student at the University of Malta, passionately c...
    20 February 2017
    read more...
    Europe Direct Valletta
  • Strengthened EU-Swiss Re...
    The EU enjoys very close relations with Switzerland in every sense: culturall...
    29 December 2016
    read more...
    Europe Direct Valletta
  • A boost for the European...
    The European Commission is stepping up its efforts to develop a strong space ...
    26 October 2016
    read more...
    Europe Direct Valletta
  • EU increasing support fo...
    The EU has announced that it shall implement new aid programmes in the Latin ...
    26 October 2016
    read more...
    Europe Direct Valletta
  • Commission proposes EU c...
    Delivering on the Security Union: Commission proposes EU certification system...
    07 September 2016
    read more...
    Europe Direct Valletta
  • VAT Gap: Nearly €160 bil...
    A staggering €159.5 billion in Value Added Tax revenues were lost across the ...
    06 September 2016
    read more...
    Europe Direct Valletta
  • Variable attitudes towar...
    Performance-related pay and employee reward systems in Europe are often uneve...
    01 September 2016
    read more...
    Europe Direct Valletta
  • EU's 2017 budget: Parlia...
    The EU's budget for next year will be decided over the coming months. Startin...
    30 August 2016
    read more...
    Europe Direct Valletta
  • Commission proposes 2018...
    The Commission is also seeking to highlight the role of Europe's cultural her...
    30 August 2016
    read more...
    Europe Direct Valletta
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