EU budget 2014: S&D Euro MPs want more funds for growth and jobs

Rethinking education: Investing in skills for better socio-economic outcomes

S&D Euro MPs today voted to reinstate funds for growth and job creation that the Council cut from the draft EU budget for 2014.

S&D Group negotiator Eider Gardiazábal said:
 
"The Council of Ministers must be consistent and respect its promises. EU governments can't complain all day long about the lack of growth and then cut the funds for boosting investment and job creation.

These funds are critical for the 5.5 million young people in Europe that are currently unemployed.

Our proposal would ensure that the youth employment initiative is funded throughout next year.

"We want a modernised EU budget oriented towards growth and employment. We need sufficient spending in areas such as research, infrastructure and climate change to achieve the targets of the EU 2020 strategy.

"The EU budget should also strengthen solidarity between EU citizens and member states in these times of crisis.

"The S&D Group has also managed to secure increases for key programmes supporting jobs and growth, such as EURES, Microfinance, Creative Europe and Europe for Citizens, as well as the fund to aid the most deprived."

S&D Euro MPs also pushed for €50 million in additional funding for assistance to Palestine, the Middle East peace process and the United Nations Relief and Works Agency (UNRWA) to help protect the safety and livelihoods of refugees facing instability in this region.

S&D Group vice-president responsible for the budget Göran Färm added:
 
"Today's vote does not solve the current budget nightmare Europe is facing.

"The difference between payments and commitments in the last three years is such that it has turned the EU budget into a deficit budget. We need to find a solution to the mountain of unpaid bills we have before us.

"It is already clear that the annual payment ceiling for 2014 will be insufficient to meet the actual needs."