Budget of the European Union

Ballard Reports Q3 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
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VANCOUVER, BC, Nov. 7, 2023 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the third quarter ended September 30, 2023.

Key Points: 
  • VANCOUVER, BC, Nov. 7, 2023 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the third quarter ended September 30, 2023.
  • "Concurrent with our strong revenue growth in Q3, we also delivered a substantial improvement in our gross margin performance.
  • Cash and cash equivalents was $781.0 million at the end of Q3 2023 compared to $955.4 million in the prior year.
  • Ballard received approximately $14.8 million of new orders in Q3, and delivered orders valued at $27.6 million, resulting in an Order Backlog of approximately $134.6 million at the end of Q3.

Highlights - Joint Meeting REGI-COTER Commission of the European Committee of Regions - 12.10.23 - Committee on Regional Development

Retrieved on: 
Tuesday, October 17, 2023
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Joint Meeting REGI-COTER Commission of the European Committee of Regions - 12.10.23

Key Points: 
  • Joint Meeting REGI-COTER Commission of the European Committee of Regions - 12.10.23
    16-10-2023 - 11:59
    As part of the programme of the 21st European Week of Regions and Cities, the REGI committee held a joint meeting with its counterpart in the Committee of the Regions, the Commission on Territorial Cohesion Policy and EU Budget (COTER), from 09.30-11.00 on Thursday 12 October in meeting room SPINELLl 3G3.The joint REGI-COTER meeting provided Members of the European Parliament and the European Committee of the Regions with an opportunity to discuss with Commissioner Elisa Ferreira how the policy needs to be shaped in the future, in order to ensure that it can effectively achieve its objectives.
  • The subject of the joint meeting was "The future of cohesion policy beyond 2027".
  • Speakers also included Emil Boc, Chair of COTER and of the Committee of the Regions; and Younous Omarjee, Chair of REGI.
  • The Agenda is attached.

Highlights - 2022 Commission Discharge: Hearing with Commissioner Hahn - Committee on Budgetary Control

Retrieved on: 
Thursday, September 28, 2023
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2022 Commission Discharge: Hearing with Commissioner Hahn

Key Points: 
  • 2022 Commission Discharge: Hearing with Commissioner Hahn
    27-09-2023 - 11:31
    On 5 October 2023, the CONT Committee will hold a discharge hearing with the EU Commissioner Johannes Hahn, responsible for Budget and Administration.
  • Commissioner Hahn will present the Commission's integrated financial and accountability reporting package for 2022.
  • The package provides information on the implementation, performance, results, financial management and protection of the EU budget.
  • The report to the discharge authority on internal audits carried out in 2022 will be presented separately, by the Director-General of the Commission's Internal Audit Service, Agnieszka Kaźmierczak.

Highlights - EU Budget 2024 - budgetary amendments - 19.7.23 - Committee on Women’s Rights and Gender Equality

Retrieved on: 
Wednesday, July 12, 2023
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EU Budget 2024 - budgetary amendments - 19.7.23

Key Points: 
  • EU Budget 2024 - budgetary amendments - 19.7.23
    11-07-2023 - 14:25
    On Wednesday, 19 July 2023, the FEMM Committee will vote on the budgetary amendments to the General EU budget for the financial year 2024 - all sections.
  • Members tabled amendments to the EU general budget 2024 focusing on increases in the budget lines on items such as gender equality, sexual and reproductive health (including fertility treatment), gender based violence, and EIGE's staffing needs.

Highlights - Debate on budgetary aspects of Act in Support of Ammunition Production - 23.5.23 - Committee on Budgets

Retrieved on: 
Wednesday, May 17, 2023
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Debate on budgetary aspects of Act in Support of Ammunition Production - 23.5.23

Key Points: 
  • Debate on budgetary aspects of Act in Support of Ammunition Production - 23.5.23
    16-05-2023 - 11:28
    The Committee will receive the Commission’s Director for Defence Industry (DG DEFIS), François Arbault, and Director for Budget Expenditure (DG BUDG), Christophe Galand, to discuss the budgetary aspects of the Commission's proposal to establish the Act in Support of Ammunition Production.
  • The Instrument aims at ramping up the EU's production capacity and addressing the current shortage of ammunition and missiles in order to urgently deliver ammunition and missiles to Ukraine and to help Member States refill their stocks.
  • The Commission proposes to allocate a budget of €500 million in current prices from the EU Budget in 2023 and 2024.

Highlights - Vote on draft EU budget for 2022 - Committee on the Environment, Public Health and Food Safety

Retrieved on: 
Friday, July 30, 2021
European Union, Organizations, Continents, Politics of the European Union, Economy of the European Union, Budget of the European Union, Next Generation EU, Multiannual Financial Framework, Envi

On 31 August and 1 September, the ENVI Committee Members will vote on an opinion for the draft Union budget for 2022.

Key Points: 
  • On 31 August and 1 September, the ENVI Committee Members will vote on an opinion for the draft Union budget for 2022.
  • On 8 June 2021, the Commission adopted its statement of estimates for the 2022 EU budget.
  • The Commission proposed EUR 166 293,1 million in commitment appropriations for the Multiannual Financial Framework Headings, with an additional contribution from the Next Generation EU as external assigned revenue of EUR 143 502,8 million.
  • On 31 August and 1 September 2021, as a committee for opinion, the ENVI Committee will vote on amendments to the draft 2022 EU budget.

REPORT on the Council position on Draft amending budget No 3/2021 of the European Union for the financial year 2021 - entering the surplus of the financial year 2020 - A9-0218/2021

Retrieved on: 
Tuesday, June 29, 2021
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on the Council position on Draft amending budget No3/2021 of the European Union for the financial year 2021 - entering the surplus of the financial year 2020

Key Points: 
  • on the Council position on Draft amending budget No3/2021 of the European Union for the financial year 2021 - entering the surplus of the financial year 2020

    (09904/2021 C90232/2021 2021/0102(BUD))

    The European Parliament,

    having regard to Article 314 of the Treaty on the Functioning of the European Union,

    having regard to Article 106a of the Treaty establishing the European Atomic Energy Community,

    having regard to Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council of 18 July 2018 on the financial rules applicable to the general budget of the Union, amending Regulations (EU) No 1296/2013, (EU) No 1301/2013, (EU) No 1303/2013, (EU) No 1304/2013, (EU) No 1309/2013, (EU) No 1316/2013, (EU) No 223/2014, (EU) No 283/2014, and Decision No 541/2014/EU and repealing Regulation (EU, Euratom) No 966/2012[1], and in particular Article 44 thereof,

    having regard to the general budget of the European Union for the financial year 2021, as definitively adopted on 18 December 2020[2],

    having regard to Council Regulation (EU, Euratom) No 2020/2093 of 17 December 2020 laying down the multiannual financial framework for the years 2021 to 2027[3] (MFF Regulation),

    having regard to the Interinstitutional Agreement of 16 December 2020 between the European Parliament, the Council of the European Union and the European Commission on budgetary discipline, on cooperation in budgetary matters and on sound financial management, as well as on new own resources, including a roadmap towards the introduction of new own resources[4],

    having regard to Council Decision 2020/2053/EU, Euratom of 14 December 2020 on the system of own resources of the European Union[5],

    having regard to Draft amending budget No3/2021, which the Commission adopted on 15 April 2021 (COM(2021)0270),

    having regard to the position on Draft amending budget No3/2021 which the Council adopted on 21 June 2021 and forwarded to Parliament on the same day (09904/2021 C90232/2021),

    having regard to Rule 94 and 96 of its Rules of Procedure,

    having regard to the report of the Committee on Budgets (A9-0218/2021),

    A.whereas Draft amending budget No 3/2021 aims to enter in the 2021 budget the surplus from the 2020 financial year, amounting to EUR1768617610;

    B.whereas the main components of that surplus are a positive outturn on revenue of EUR1647,3 million and an under-spending in expenditure of EUR121,3 million;

    C.whereas on the revenue side, the surplus is predominantly driven by a higher than expected collection of customs duties;

    D.whereas on the expenditure side, under-implementation in payments by the Commission reaches EUR100,98million for 2020 (of which EUR61,7million under Heading 5 - Administration, attributable to COVID-19 pandemics impact on missions, meetings, traineeships and recruitments), and EUR120,38million the under-implementation by the other institutions;

    1.Takes note of Draft amending budget No 3/2021 as submitted by the Commission, which is devoted solely to the budgeting of the 2020 surplus, for an amount of EUR1768617610, in accordance with Article 18(3) of the Financial Regulation, and of the Councils position thereon;

    2.Reiterates its position that all available means and unused money in the Union budget, including the surplus, should be used to swiftly deploy financial assistance to those most affected by the COVID-19 pandemic; calls, in this context, on Member States to devote the expected reductions in their GNI-based contributions stemming from the 2020 surplus entirely to the budgeting of actions related to tackling the impact of the COVID-19 pandemic and to the recovery and resilience of the Union, to ensure an optimal allocation of the funds;

    3.Approves the Council position on Draft amending budget No3/2021;

    4.Instructs its President to declare that Amending budget No3/2021 has been definitively adopted and arrange for its publication in the Official Journal of the European Union;

    5.Instructs its President to forward this resolution to the Council, the Commission, the other institutions and bodies concerned and the national parliaments.

  • Key To Symbols:

    +:in favour

    -:against

    0:abstention

Highlights - CULT rapporteur presented approach on 2022 budget - Committee on Culture and Education

Retrieved on: 
Wednesday, June 23, 2021
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On 21 June, Mr Franz, CULT's rapporteur for opinion on the 2022 EU budget, presented his approach to the 2022 budgetary procedure for the main programmes and budget lines of interest to the CULT committee.

Key Points: 
  • On 21 June, Mr Franz, CULT's rapporteur for opinion on the 2022 EU budget, presented his approach to the 2022 budgetary procedure for the main programmes and budget lines of interest to the CULT committee.
  • Mr Franz proposed, inter alia, limited increases for the Erasmus+ programme and the European Solidarity Corps, in order to boost efforts to 'green' the programmes.
  • Under Creative Europe, more support should be provided to support the post-pandemic recovery of the cultural and creative sectors, which have been severely affected.
  • The vote on CULT's budgetary amendments will take place on 13 July.

Highlights - Gender mainstreaming in the EU budget: state of play in the EU - 28.06.2021 - Committee on Women's Rights and Gender Equality

Retrieved on: 
Wednesday, June 23, 2021
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Ms Lindstrm of the European Court of Auditors will present the report "Gender mainstreaming in the EU budget: time to turn words into action".

Key Points: 
  • Ms Lindstrm of the European Court of Auditors will present the report "Gender mainstreaming in the EU budget: time to turn words into action".
  • During the negotiations on the EU's long term budget, the European Parliament, the European Commission and Council agreed in the Interinstitutional Agreement (IIA) of 16 December 2020 to:

    - Develop a gender budgeting methodology to measure the relevant expenditure at programme level.

  • - No later than 1 January 2023, the Commission will implement that methodology for certain centrally managed programs.

Highlights - CULT rapporteur to present approach on 2022 budget - Committee on Culture and Education

Retrieved on: 
Thursday, June 17, 2021
Organizations, Articles, International organizations, Budget of the European Union, European Union, Erasmus+

On 21 June, Mr Franz, CULT's rapporteur for opinion on the 2022 EU budget, will present his approach to the 2022 budgetary procedure for the main programmes and budget lines of interest to the CULT committee.

Key Points: 
  • On 21 June, Mr Franz, CULT's rapporteur for opinion on the 2022 EU budget, will present his approach to the 2022 budgetary procedure for the main programmes and budget lines of interest to the CULT committee.
  • Mr Franz intends to propose, inter alia, limited increases for the Erasmus+ programme and the European Solidarity Corps, in order to boost efforts to 'green' the programmes.
  • Under Creative Europe, more support should be provided to support the post-pandemic recovery of the cultural and creative sectors, which have been severely affected.
  • The vote on CULT's budgetary amendments will take place on 13 July.