Plans to make it easier to move money around within the EU’s long-run budget, to help tackle urgent challenges such as the migration crisis, strengthening security, boosting growth and creating jobs, were backed by the Budgets Committee on Monday. Parliament has long fought for greater flexibility within the Multi-annual Financial Framework (MFF), which would apply for the remainder of the 2014-2020 MFF. “Parliament demanded this revision of the Multiannual Financial Framework because it considered it highly necessary due to a...

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Non-governmental organisation commends ECB for steps taken to enhance transparency ECB confirms that it maintains balanced dialogue with all stakeholders ECB committed to strengthening good governance framework and integrity mechanisms The European Central Bank (ECB) today stressed its commitment to open dialogue with a broad range of stakeholders, as a non-governmental organisation published a report on the central bank. While emphasising that it is directly accountable to the European Parliament (EP), the ECB facilitated a project by Transparency International...

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We, the Leaders of 27 Member States and of EU institutions, take pride in the achievements of the European Union: the construction of European unity is a bold, far-sighted endeavor. Sixty years ago, recovering from the tragedy of two world wars, we decided to bond together and rebuild our continent from its ashes. We have built a unique Union with common institutions and strong values, a community of peace, freedom, democracy, human rights and the rule of law, a major...

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On 25 March, EU leaders will come together in Rome to celebrate the 60th anniversary of the Treaties of Rome, which were signed on this day in 1957.Commission President, Jean-Claude Juncker, will participate in the Rome Summit, where a number of events are being organised to mark the occasion and to reflect on Europe's common future. The Treaties of Rome – signed by the six founding Member States – paved the way for the European Union that we know today:...

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From smartphones to cloud computing, technology is rapidly changing virtually every facet of society, including communications, business and government. The financial world is no exception. As a result, the financial world stands at a critical juncture. Yes, the widespread adoption of new technologies, such as blockchain-based systems, offers many potential benefits. But it also gives rise to new risks, including risks to financial stability. That causes challenges for financial regulators, a subject I addressed at the 2017 World Government Summit...

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The Commission presented an Action Plan setting out ways to provide consumers with greater choice and better access to financial services across the EU. President Juncker's Commission has committed to developing a deeper and fairer Single Market, including through digital means. In terms of financial services, this means enhancing competition and improving choice so that consumers can enjoy lower prices and better quality, regardless of whether or not they shop abroad for financial services such as bank accounts, car...

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