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"Austerity ruling the EU Budget committee as it has been ruling our Member States" - Ní Riada

9 March, 2016 - by Liadh Ní Riada MEP

Sinn Féin MEP Liadh Ní Riada has called for a real in depth revision of the Multiannual Financial Framework (MFF.)

Addressing the European Parliament, Ms Ní Riada said,

"The annual EU BUDG exercise is becoming an impossible mission.

"Every month we are surprised by Council declarations. Every month we are informed of new EU BUDG commitments, to newly found priorities. Requests are made to implement cuts to previously set and agreed priorities on key programs: research, infrastructures even on social support programs.

"Is austerity ruling the EU BUDG committee as it has been ruling some of our Member States?

"The means are too short for the political objectives which were set and with the new and urgent challenges coming up, suddenly we start delaying, even cancelling settled key priorities, in an arbitrary way.

"All agreed that investment to boost growth and job creation was the main priority after the 2007 Economical Financial Crisis. The MFF 2014-2020 is reduced by €85billion, despite the enlargement of the scope of several programs.

"This was done on the basis of the financial and economic constraints lived in several Member States, mine included. Still the years have passed, while some dwell with the deficit straight jacket and austerity measures the wealthier Member States sail on surplus.

A member of the European Parliament Committee on Budgets, Ms Ní Riada said,

"Our young people in Ireland are now making the choice of jumping in the river or jumping on a plane, the youth employment initiative which was their life line is effectively cut. The hypocrisy of the Commission and the Council of stating the importance of our youth while cutting their wings is unacceptable.

"Our fishing industry is effectively wiped out, the great Saviour that was to be the EFSI is just another white elephant, benefiting private investment at the cost of public services have the choice in

"Ad-hoc financial instruments are lessening any cohesion from the EU BUDG capacity.

Again we call for a real in depth revision of the MFF; we call the member states to assume a reality check because we are in for a future shock." ENDS

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