We cannot face global challenges as individual countries. Only by working together can we deal with challenges such as the economic or refugee crises. The S&D Group believes an EU budget with the necessary resources is essential if we are serious about this and both the financial framework and the yearly budget need to be better used to meet citizens' aspirations.
We want to see a more transparent and fair system for financing the EU budget. We want the EU to have its own resources - direct means of raising revenues - rather than it coming from national budgets.
We want a budget that focuses on creating jobs and growth, with more money going to areas such as research and development, innovation, training and jobs, so we can boost employment and growth across the continent.
It is also essential that the EU budget is well managed. If we want to regain the trust of European taxpayers, we need to flush out any corruption and show that every euro is spent effectively.