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High level conference on the EU Multiannual Financial Framework 2014-2020 with the participation of José Manuel Barroso

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José Manuel Barroso, President of the EC, participated in the high level conference on the EU Multiannual Financial Framework 2014-2020. He made the opening speech entitled "Partnership for Progress - A Budget for Growth" on this occasion.
The President welcomed the many key figures from Member States, national Parliaments, EU institutions and stakeholders who participated in this event co-organised by the EC, the Polish Presidency of the Council of the EU and the EP. He called on the European Council of 23/10/2011 to take decisive and immediate action on all aspects of the roadmap to stability and growth presented by the EC, notably the leveraging of the European Financial Stability Facility (EFSF).
José Manuel Barroso then stressed that the EU couldn't solve the economic crisis without sowing the seeds for sustainable and job-creating growth and emphasised that investments at European level could make an important contribution to that, in particular in an austerity context. He called for changing the ways of financing the EU budget, namely through new own resources like the Financial Transaction Tax. In the conclusion the President made it clear that the EU budget was not money for Brussels, but for young people, researchers, and others and called on participants to make the case for Europe and not give in to populism.

Type: College   Reference: I-071284   Date: 20/10/2011   Duration: 04:36
Personalities:   Barroso, José Manuel |   Tusk, Donald  
Location: Brussels - EC/Charlemagne  
Languages: ORIGINAL

Tags: Budget | Council of the EU - presidency | EU relations with Member States | Economic cooperation | European Council - Brussels 2011/10 | Finance | G20 | Growth | Poland
© European Union, 2011   /   Source: EC - Audiovisual Service
Director: Catherine Vandezande
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