Euro zone budget proposal leaves Poland fearful of waning influence

Janis A. Emmanouilidis, Warsaw Business Journal, 15.10.2012

Link to original article


Plans are afoot to create a budget for the euro zone that would be distinct from the long-term budget of the wider European Union, raising fears among Polish politicians that Poland could receive less EU funding and become isolated politically.

Draft conclusions of an EU summit due to take place this week say that “for the euro area, the objective is to move towards an integrated budgetary framework.” Mechanisms related to this “would be specific to the euro area,” the draft reads.

[…]

Lack of clarity

Nevertheless, details of the proposal for a separate euro zone budget are scant.

“There is a big lack of clarity about what the proposed euro-area budget might look like,” said Janis A. Emmanouilidis, a senior policy analyst at the European Policy Centre, a think tank.

“We don’t know what its function will be, how it will be funded and how it would be scrutinized … there are lots of unanswered questions,” he added.

It is also not known whether funds from the budget would be available only to countries that already have the euro, or whether they would also be available to countries like Poland that are obliged by treaty to adopt the single currency.

[…]

For the original article see here.


Latest media contributions

"Das sollte die Warnlampen angehen lassen"
Quotes, Tagesspiegel (GER), 01.01.2020

Von der Leyen hat sich viel vorgenommen
Quotes, Die Welt, 02.12.2019

Krisenmanagement auf hohem Niveau: Jean-Claude Junckers Bilanz an der Spitze der Europäischen Kommission
Quotes, Luxemburger Wort, 30.11.2019

Neue EU-Kommission nimmt Arbeit auf
Quotes/Interview, ORF ZIB 2, 27.11.2019

EU-Kommissionspräsidentin Ursula von der Leyen legt los
Interview, SRF Tagesschau, 27.11.2019

Was von der Ära Juncker in Erinnerung bleibt
Quotes, Tagesanzeiger (CH), 20.11.2019

Η συμφωνία των Πρεσπών και η «υποχώρηση» του Βερολίνου
Quotes, Kathimerini (GR), 29.10.2019

Wahl in Polen: Klarer Sieg für PiS
Quotes, Frankfurter Rundschau, 14.10.2019

Große Koalition in Brüssel?
Quotes, WDR 5 – Politikum, 07.10.2019

Vestager in Doppelrolle: Trump dürfte sein Feindbild weiter pflegen können
Quotes, Handelsblatt, 12.09.2019


Media