EU’s ‘looming crisis’ exposed by Greek MEP as he warns of imminent Brussels meltdown

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MEPs met to kick off discussions on the Multiannual Financial Framework (MFF), the long-term framework regulating how much each member state has to contribute to the common budget over a seven-year period. Greek MEP Dimitrios Papadimoulis hit out at the EU for presenting an “unacceptable” budget and warned that the European Parliament could see a “slowdown” as the union faces a “looming crisis”. European Council President Charles Michel was heavily criticised for skipping the debate on the EU budget despite the institution being in charge of the draft budget.

Mr Papadimoulis told the Parliament: “The absence of Mr Charles Michel in today’s debate is a very bad sign for those who are following.

“Mrs von der Leyen, you presented a programme for five years. You’ve obtained a vote of confidence.

“So it’s not correct to say that you’re just an intermediary between the Parliament and the Council.

“To finance the project that you presented, will need at least 1.3 percent of GNI, which is called for by the European Parliament by a large majority.”

READ MORE: SNP MEPs break down in tears as EU votes to FINALLY deliver Brexit

EU’s ‘looming crisis’ exposed by Greek MEP as he warns of imminent Brussels meltdown

EU’s ‘looming crisis’ exposed by Greek MEP as he warns of Parliament ‘slowdown’ (Image: EPTV)

EU’s ‘looming crisis’ exposed by Greek MEP as he warns of imminent Brussels meltdown

eu news eu parliament european budget mff latest (Image: EPTV)

He continued: “But we can’t put into place the Green Pact without having severe cuts in cohesion policy and agricultural policy.

“There’ll be no money left for investments and innovation.

“We will face a slowdown in European Parliament, but we’ll also face a crisis, which is looming, so we must have more ambitions still in the budget.

“We need to talk about practical things to have a satisfactory compromise between the three legislators.”

EU’s ‘looming crisis’ exposed by Greek MEP as he warns of imminent Brussels meltdown

eu news eu parliament european budget mff latest (Image: EPTV)

Mr Papadimoulis added: “That should be discussed on the basis of what is proposed by the Parliament.

“We’ll move beyond that because the budget proposed by the Commission a year ago is less than five percent relative to the MFF.

“You’ll have to convince other leaders, otherwise the European Parliament will have to vote a budget which is unacceptable. For us, this is something that should not take place.”

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EU’s ‘looming crisis’ exposed by Greek MEP as he warns of imminent Brussels meltdown

Growth rates in individual Euro areas in the second quarter of 2019 (Image: EXPRESS)

EU member states are split on how to best bridge the funding gap Britain left in the budget after Brexit.

Northern European members like Austria, Denmark and Germany could see their annual contribution to the MFF increase dramatically over the next seven years.

The current proposals, Germany’s payments would increase from €16billion (13.5billion) to €26billion (£22.8billion).

The Netherlands and Austria would also see their contributions double to €8billion (£6.7billion) and €2billion (£1.7billion) respectively.

Earlier this week European Council President Charles Michel met with EU negotiations to discuss their priorities for the budget, which will determine spending from 2021-27, ahead of next week’s plenary on the matter.


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