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Extracts from the press conference by Janusz Lewandowski, on 2015 Draft Budget

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On 11 June 2014, Janusz Lewandowski, Member of the EC in charge of Financial Programming and Budget described the EU's 2015 draft budget as adopted by the Commission (commitments: €145.6 billion; payments: €142.1 billion). The bulk of the commitments is for future projects that make Europe stronger economically whereas some 40% of the payments still cover EU funded projects from the 2007-2013 financial period. Also the Commission is proposing a further 1% reduction in its staff numbers, the third such cut in three years. The 2015 EU draft budget will help Europe's economic growth despite financial constraints.
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Type: Summary of press conference   Reference: I-090254   Date: 11/06/2014   Duration: 02:22   Personalities: Janusz Lewandowski   Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL,

Tags: Budget , Economic governance , Public finance
© European Union, 2014   /   Source: EC - Audiovisual Service
Director: Dimitrios Koskeridis
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