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"The vote on the budget is another strong signal to the other institutions, and the government leaders in particular, that the Parliament fulfills its democratic role and has to be taken seriously," said Thomas Klau of the European Council on Foreign Relations in Paris. Lawmakers' powers have grown steadily over the years, and they will increasingly weigh in on all important legislation
-- reaching from agricultural policies to setting up the bloc's banking union, Klau added. "We will see more examples like this." The EU budget is separate from the national budgets of the member governments and is designed in part to balance out the economic development of the region by injecting funding into poorer countries. It includes significant funds for agricultural subsidies, but also for important infrastructure projects, research grants, diplomacy, and development aid around the world. The national leaders' budget proposal falls about euro40 billion short of the proposal first set forth by the European Commission, the EU's executive arm. The previous multi-annual budget totaled
euro976 billion, but national leaders argued that the bloc must accept cuts at a time when many EU nations, haunted by a three-year-old debt crisis, must slash spending to trim their deficits. In Wednesday's vote, 506 of 690 lawmakers rejected the current budget proposal. If negotiations fail to yield a compromise before next year, the EU would have to operate under a provisional budget that would see spending slightly increasing but make long-term planning impossible. Funding for EU projects often spans several years. EU Budget Commissioner Janusz Lewandowski insisted negotiations should be launched swiftly. "We owe this to 500 million Europeans, to our businesses, towns and regions, scientists, students, NGOs and all those who benefit from EU funds," he said.
[Associated
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