Budgetary treaties of the European Communities
In today's world, Budgetary treaties of the European Communities has become a topic of great relevance and interest at a global level. From its origins to its impact on contemporary society, Budgetary treaties of the European Communities has played a fundamental role in various aspects of daily life. Whether through its influence on popular culture, its contribution to technological advancement, or its significance in history, Budgetary treaties of the European Communities has generated a vast field of study and research that continues to fascinate experts and hobbyists alike. In this article, we will explore the multiple facets of Budgetary treaties of the European Communities, analyzing its importance and scope in different areas, to fully understand its significance in today's world.
| Treaty amending Certain Budgetary Provisions of the Treaties establishing the European Communities and of the Treaty establishing a Single Council and a Single Commission of the European Communities | |
|---|---|
| Signed | 22 April 1970 |
| Location | Luxembourg City, Luxembourg |
| Effective | 1 January 1971 |
| Signatories | The Six |
| Treaty amending Certain Financial Provisions of the Treaty establishing the European Communities and of the Treaty establishing a Single Council and a Single Commission of the European Communities | |
|---|---|
| Signed | 22 July 1975 |
| Location | Brussels, Belgium |
| Effective | 1 June 1977 |
| Signatories | All then-9 EC members |
The Budgetary treaties of the European Communities were two treaties in the 1970s amending the Treaty of Rome in respects to powers over the Community budget.
The first treaty, signed in 1970, gave the European Parliament the last word on what is known as "non-compulsory expenditure" (compulsory spending is that resulting from EC treaties or from legislation adopted pursuant to the treaties (including agriculture) and international agreements; the rest is non-compulsory). The second treaty, signed in 1975, gave Parliament the power to reject the budget as a whole and created the European Court of Auditors. However, the Council continued to have the last word on compulsory spending (in that it could over-rule Parliament's amendments by a qualified majority) while Parliament continued to have the last word (within a maximum rate of increase) on non-compulsory spending.
As a result of these treaties, the budgetary authority of what is now the European Union is held jointly by the Council of the European Union and the European Parliament. However, the detailed procedures were later changed by the Lisbon Treaty which provided that Parliament and Council must jointly agree on all items of expenditure, abolishing the distinction between compulsory and non-compulsorey expenditure.
Parliament is also responsible for giving discharge to the European Commission on the implementation of previous year's budget, on the basis of the annual report of the European Court of Auditors. It has refused to give discharge twice, in 1984 and in 1998. On the latter occasion this led to the resignation of the Santer Commission.
See also
References
- ^ "Budgetary power". European Parliament. Retrieved 2007-06-12.
- ^ "How is the budget decided?". European Parliament. Archived from the original on 2007-05-20. Retrieved 2007-06-12.
- ^ "Budgetary control: 1996 discharge raises issue of confidence in the Commission". Europa (web portal). 1999. Retrieved 2007-10-15.
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