EU’s budget: Veto’s threat on the table – What is to lose and what is to gain for Romania on MFF

Policy Memo no. 28, November 2012

Author: Bianca Toma

Romanian Center for European Policies (RCEP) has published a detailed analysis of the possibilities and expectations Romania has from the results of the current negotiations on the future multiannual financial framework – EU’s budget (2014-2020).

Our experts have estimated the amounts Romania could get on Cohesion Policy and the Agriculture, in the most optimistic case as well as in the worst case scenario.

Winning less than you could possibly gain is not a victory, but getting more than you have ever had is not a defeat either.  Even in the worst scenario Romania is likely to receive more funds than the current allocation before, but not as much as the initial expectations created by the European Commission’s proposal.

EU’s budget proposal by European Council President Herman van Rompuy has brought an “unacceptable” condition for Bucharest by linking future allocations of current absorption rate (Article 45 of the Rompuy’s proposal is referring exclusively to Romania – the Member States with the lowest rate in UE27.

While Romanian Prime Minister was pressing for veto because of a wide range of “unacceptable” new changes from the European Commission’s proposal, President Traian Basescu, in charge of the negotiations in the Council argued that it is in Romania’s interests to negotiate not to block the deal.

Full report in Romanian click here