Andrey Novakov

Highlights - Exchange of views: Administration of EU funds in shared management in Bulgaria - Committee on Budgetary Control

Retrieved on: 
Wednesday, July 7, 2021

On 12 July 2021, the Committee on Budgetary Control will have an exchange of views with the Commission and OLAF on administration of EU funds in shared management in Bulgaria.

Key Points: 

On 12 July 2021, the Committee on Budgetary Control will have an exchange of views with the Commission and OLAF on administration of EU funds in shared management in Bulgaria.

Article - Covid-19: how the EU fights youth unemployment

Retrieved on: 
Wednesday, July 15, 2020

In a resolution on EU Employment Guidelines adopted on 10 July, MEPs called for a revision of the forthcoming guidelines in light of the Covid-19 outbreak, underlining the need to tackle youth unemployment through a reinforced Youth Guarantee.

Key Points: 
  • In a resolution on EU Employment Guidelines adopted on 10 July, MEPs called for a revision of the forthcoming guidelines in light of the Covid-19 outbreak, underlining the need to tackle youth unemployment through a reinforced Youth Guarantee.
  • In July Parliament also backed an increase in the budget for the Youth Employment Initiative, the main budgetary instrument for Youth Guarantee schemes in EU countries, to 145 million for 2020.
  • Parliament called for a significant increase in funding for the implementation of the Youth Employment Initiative in a resolution on the EU's next long-term budget adopted in 2018.
  • MEPs liked how the initiative has supported young people, but said improvements are needed, including an extension of the age limit and the setting of clear quality criteria and labour standards.

Press release - EU investment budget for 2020: A boost for the climate

Retrieved on: 
Thursday, October 24, 2019

It should pave the way for the new long-term 2021-2027 EU budget, the so-called multiannual financial framework (MFF).

Key Points: 
  • It should pave the way for the new long-term 2021-2027 EU budget, the so-called multiannual financial framework (MFF).
  • MEPs have boosted the Commissions draft budget by adding altogether more than 2 billion to protect the climate.
  • Background

    About 93% of the EU budget funds real activities on the ground in EU countries and beyond.

  • Unlike national budgets, which are used in large part for providing public services and funding social security systems, the EU budget is primarily an investment budget and, unlike national budgets, the EU Budget cannot run a deficit.

Press release - EU investment budget for 2020 must focus on the Europe of tomorrow

Retrieved on: 
Tuesday, October 1, 2019

The aim is to deliver on the pledge of 20% of EU investment for climate change action in the 2014-2020 Multiannual Financial Framework (MFF).

Key Points: 
  • The aim is to deliver on the pledge of 20% of EU investment for climate change action in the 2014-2020 Multiannual Financial Framework (MFF).
  • The whole Parliament will vote on its position on the 2020 Draft Budget on 23 October.
  • About 93% of the EU budget funds real activities on the ground in EU countries and beyond.
  • Unlike national budgets, which are used in large part for providing public services and funding social security systems, the EU budget is primarily an investment budget and, unlike national budgets, the EU Budget cannot run a deficit.