“As part of preparations for the future, we want to team up with the Lithuanian presidency to launch the procedure that would help initiate a reform of Europe’s budget funding framework. Europe’s budget is being financed from national budgets now and there are many member states that no longer want to increase their contributions to the European budget,” Alain Lamassoure, chairman of the European Parliament’s Committee on Budgets, said at a news conference on Thursday.
“Therefore, another source or sources of funding should be found, hence we plan to set up a high-level task group, which would work out the solutions relating to this reform,” he added.
Algimantas Rimkūnas, Lithuania’s Deputy Finance Minister, said that the philosophy of the budget could be changed if alternative sources of funding were to be found.
“As far as the establishment of a task group for own resources is concerned, we are ready to start this work. Indeed, it’s a very important area, which would let revise the philosophy of the Community’s budget planning,” he added.