Prime Minister David Cameron efforts to freeze the budget of the European Union was supported by President Nicolas Sarkozy and Chancellor Merkel, as all three published an open letter to European Commission President yesterday praying for a real words freeze the budget of the Union European.
Leaders of the three large European economies have suggested that the budget of the European Union must not increase beyond the rate of inflation between 2014-2020.
In the letter, leaders stress throughout the EU Member States have to take rigorous measures to restore public finances to ensure public debt levels are durable and of the European Union must not be "exempt from the considerable efforts made by Member States to make their public expenditure under control".
"The measures taken in 2011 to curb the growth of European payment appropriations should be increased progressively to the years of the financial perspective and payment appropriations should increase, at best, no more inflation on the next financial perspectives, the letter says."
The troika calls for better spend European public money and says that this can be done by "European enhanced the effectiveness of expenditure, monitoring of specific commitment appropriations, looking for where we can acquire economic lever and simplify the financial framework."
This approach by the three major EU powers their place in a trajectory of collision with the European institutions including the Parliament and the Commission. Many of the Commission consider that that letter questions right the open action. Earlier in the year, the Member States had reduced the budget proposed by the Parliament and Commission by half, and it seems that the battle between the Council and the rest of the European institutions are set to continue.
Mr. Cameron was clear at a press conference in Brussels Friday when he noted that "the Europe cannot be immune" the reduction of public expenditure, Member States are to implement.
The President of the European Commission Barroso has tried to suggest that this letter does not carry much weight.
He said: "We know sometimes member groups in an attempt to position itself". "What ultimately matters is proposal from the commission which is put forward, then discussions on the basis of this proposal.
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