Sunday

19th Nov 2017

Agenda

Money issues to dominate THIS WEEK

  • Money disputes are set to dominate in Brussels this week and next (Photo: bundesbank.de)

Negotiations on next year's EU budget and how to pay around €9 billion in bills from 2012 will take centre-stage this week after discussions on the issue collapsed on Friday evening.

Member states and MEPs are due to revisit the issue once more on Tuesday. At midnight a special conciliation period for the talks expires.

Thank you for reading EUobserver!

Subscribe now for a 30 day free trial.

  1. €150 per year
  2. or €15 per month
  3. Cancel anytime

EUobserver is an independent, not-for-profit news organization that publishes daily news reports, analysis, and investigations from Brussels and the EU member states. We are an indispensable news source for anyone who wants to know what is going on in the EU.

We are mainly funded by advertising and subscription revenues. As advertising revenues are falling fast, we depend on subscription revenues to support our journalism.

For group, corporate or student subscriptions, please contact us. See also our full Terms of Use.

If you already have an account click here to login.

The European Parliament wants an increase of 6.9 percent for the 2013 budget. Member states, busily cutting public spending at home, have baulked and say they will only agree a 2.79 percent increase. If no agreement is reached, the commission could be forced to table a new budget proposal for 2013.

The bad feeling created by the dispute is set to further blacken the atmosphere of the 22-23 November summit, where EU leaders are supposed to agree longterm EU spending (2014-2021).

A series of member states - including the UK, Denmark, the Netherlands, France, and, lately, Austria - have said they will veto the agreement if the budget does not reflect their individual wishes.

EU commissioners will on Wednesday once again discuss the controversial issue of legislating in order to ensure there are more women on the boards of top companies.

The debate - pushed by justice commissioner Viviane Reding - comes weeks after the initiative was pulled from the decision table amid disagreement among the commissioners.

Among those not in favour of the idea of a mandatory quota of 40 percent women on corporate boards were her female colleagues Neelie Kroes (Dutch) and Cecilia Malmstrom (Swedish).

Reding, known for her determined style and affection for citizen-friendly legislation, immediately promised to revisit the issue saying that she is not a fan of quotas but likes what they do.

Eurozone finance ministers will gather in Brussels on Monday evening but, Germany - the continent's paymaster - has made it clear that the meeting is not expected to result in a decision to release the next tranche of bailout money to Greece.

Athens, for its part, has been saying that it needs the €31.5 billion by mid November to be able to pay its bills. Anticipating that it will not get the money in time, Greece plans on Tuesday to issue bonds to cover debt repayments due on Friday.

The following day, during a meeting of all EU finance ministers, the European Commission will present plans to allow 11 member states to push ahead with introducing a financial transactions tax.

The substance of the proposal is to come later in the year.

Ministers will also have a discussion on plans for a single European banking supervisor, with an end-of-year deadline for a proposal set by EU leaders during their October summit.

On Tuesday, Maltese would-be EU health commissioner Tonio Borg is to be grilled by MEPs. He is meant to replace his compatriot John Dalli, who last month lost his job following a tobacco industry-related scandal.

The European Commission, which has been embarrassed by the continued lack of clarity surrounding Dalli's resignation, is hoping Borg - until now Malta's foreign minister - will quickly be able to take up the post.

However, some MEPs and NGOs have already been criticising Borg's social views and health policy experience. The question of when he is appointed will have a crucial bearing on whether a piece of tobacco legislation will make it through the current legislative period.

Georgian Prime Minister Bidzina Ivanishvili will come to Brussels Monday, on his first foreign trip.

The move is designed to show the EU capital that Tbilisi is still looking Westwards, rather than towards Russia. It also comes as the EU - riven with its own problems - is seen to be losing its political grip on its eastern neighbours.

EU agencies and eastern neighbours This WEEK

EU ministers will vote on where to relocate two EU agencies from the UK, while later EU leaders will host six eastern European countries in Brussels. Former Bosnian Serb commander Ratko Mladic awaits his verdict in the Hague.

News in Brief

  1. Bonn climate talks extend into Friday evening
  2. UK needs to move on Brexit by early December, Tusk says
  3. Puigdemont extradition decision postponed to December
  4. Ireland wants written UK guarantees to avoid hard border
  5. US did not obstruct climate talks, says German minister
  6. EU signs social declaration
  7. Puigdemont to be heard by Belgian judges
  8. Steep fall in migrants reaching EU

Stakeholders' Highlights

  1. European Jewish CongressAntisemitism in Europe Today: Is It Still a Threat to Free and Open Society?
  2. Counter BalanceNew Report: Juncker Plan Backs Billions in Fossil Fuels and Carbon-Heavy Infrastructure
  3. Nordic Council of MinistersNordic countries prioritise fossil fuel subsidy reform
  4. Mission of China to the EUNew era for China brings new opportunities to all
  5. ACCASmall and Medium Sized Practices Must 'Offer the Whole Package'
  6. UNICEFAhead of the African Union - EU Summit, Survey Highlights Impact of Conflict on Education
  7. Nordic Council of MinistersNordic Council Calls for Closer Co-Operation on Foreign Policy
  8. Swedish EnterprisesTrilogue Negotiations - Striking the Balance Between Transparency and Efficiency
  9. Access EuropeProspects for US-EU Relations Under the Trump Administration - 28 November 2017
  10. World Vision20 November: Exchange of Views at the EP on Children Affected by the Syria Crisis
  11. Nordic Council of MinistersSustainable Growth the Nordic Way: Climate Solutions for a Sustainable Future
  12. EU2017EEHow Data Fuels Estonia's Economy

Latest News

  1. EU keeps former Soviet states at arm's length
  2. EU leaders make pledge on social issues after populist backlash
  3. EU agencies and eastern neighbours This WEEK
  4. Germany slams Dutch call for more ambitious EU climate goal
  5. Mind the gap: inequality in our cities
  6. Climate activists 'disappointed' with EU at climate talks
  7. Davis outlines UK vision on Brexit in Berlin
  8. German coalition talks in near collapse