An ‘austerity-driven’ EU budget will get the thumbs down from the European Parliament, MEPs told euronews on Wednesday.
Several members expressed concern that deep cuts to EU funding will put several public works projects at risk.
Parliament president Martin Schulz said: “My colleagues and I are not ready to accept that member states make the same mistakes on the European level that they have at home – that they agree a ‘deficit’ budget that will be overstretched.
I’m saying quite clearly that I won’t sign any such agreement.”
The budget can by blocked by MEPs who will vote on it once EU leaders reach a deal. But some aren’t worried if there is no agreement by Friday.
Alain Lamassoure, the centre-right French MEP and the chairman of the EP budget committee, said “we can wait a few months. If there’s no deal at all it is not a problem because we have a procedure which allows for annual budgets, 2014, 2015 etc. The framework for the last seven period will be maintained, adjusted for inflation.”
British Prime Minister David Cameron, supported by Germany and the Netherlands, is pushing for deeper cuts.
He says the EU spends too much on agriculture and administration costs.
Multiannual Financial Framework 07-13 / 14-20
- 1“Frustration, mistrust and disappointment” – Turkey’s strained ties with Europe
- 2UK’s Cameron embarks on diplomatic tour to push for EU reform
- 3Europe’s open border dilemma; is Schengen a success?
- 4Why you should not pay more for goods in other EU countries
- 5Case of Saudi blogger sentenced to 1,000 lashes ‘has nothing to do with politics’, says his wife
- 1EU calls for 40,000 asylum seekers from Italy, Greece to be relocated
- 2Poroshenko has ‘full evidence’ of Russia’s presence in Ukraine
- 3EU warns eastern neighbours of long road to closer ties
- 4Europe Weekly: EU backs migrant mission to its south, looks east
- 5Europe’s open border dilemma; is Schengen a success?
- 1Snowden, Assange and Manning statues unveiled in Berlin | euronews, world news
- 2Chomsky says US is world’s biggest terrorist | euronews, the global conversation
- 3euronews live TV - News | euronews : the latest international news as video on demand
- 4Nepal: ‘equally big earthquakes coming in eastern regions,’ expert tells euronews | euronews, world news
- 5It’s a girl: Britain’s Duchess of Cambridge gives birth in London | euronews, world news
- 6Juncker to Hungarian PM Orban: “Hello, Dictator!”
- 7Evidence of ancient wine found in Georgia a vintage quaffed some 6,000 years BC
- 8International tv news | euronews: European and International tv news bulletin
- 9Exclusive: unrest in FYR Macedonia could hit other Balkan countries warns Serbian PM | euronews, world news
- 10International breaking news | euronews online world breaking news in video
- 11How Nepal earthquake devastated Kathmandu’s UNESCO heritage | euronews, world news
- 12Portuguese language reform law goes global | euronews, world news
- 13EU membership remains Serbia’s priority, says PM Aleksandar Vucic | euronews, the global conversation
- 14Spanish voters punish mainstream parties in local and regional elections
- 15Spain: the viral soldiers fighting in Madrid and Barcelona mayoral races | euronews, world news
- 16Andrea Ferrari: the graphene guru | euronews, science
- 17We will not be moved! China’s urban spread resistance [PHOTOS]
- 18Watch: France’s Jean-Marie Le Pen clashes with UKIP MEP Woolfe | euronews, world news
- 19Recharging without cables: the road ahead for electric cars
- 20eurovibes - a selection of Europe’s best music talent