On 30 May, Budget Commissioner Günther Oettinger presented the executive’s draft EU budget for 2018, acknowledging decision-making difficulties.
The Council decided to cut down the Commission’s draft budget by €1.2 billion in commitments (-0.75%) and by €795.5 million in payments (-0.55%). The Commission’s draft amounts to €159, 551.2 million in commitment appropriations and €144, 805.5 million in payment appropriations.
Commitments are the total volume of promises for future payments that can be made in a given year. Payments are the actual money paid in a given year from the EU budget to cover commitments. Commitments must be honoured with payments, either in the same year or, particularly in the case of multi-year projects, over the following years.
The European Parliament’s rapporteur for the EU’s 2108 budget, Romanian PMP lawmaker Siegfried Mureşan (EPP), deplored that the member countries decided to cut down the Commission’s proposal “mechanically” by €1.2 billion.