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Proceeding contribution from Vincent Cable (Liberal Democrat) in the House of Commons on Monday, 8 May 2006. It occurred during Parliamentary proceeding on Future EU Finances and Own Resources.


Future EU Finances and Own Resources

I did not say that that was a desirable outcome. We are dealing with second best. If a postponement was necessary to achieve a better overall negotiation, that would surely have been right—but we wanted to see a resolution. We want to see the European Union move forward, support for the east European countries and reform of the CAP. That is common ground. Members on both sides are enjoying scoring points, but there is a high degree of consensus on that matter. On the forward-looking items, I agree with the Minister that it is important to have tougher audit constraints in place, and that it is a disgrace that the European Commission has been able to get away with unaudited accounts for many years. Nobody would try to defend that. By way of mitigation, I point out that some UK Departments, such as the Department for Work and Pensions, have an audit trail that makesthe European Commission look positively efficient. Nevertheless, there is a legitimate criticism to bemade, and it is right that tighter procedures should be put in place.


Secondary information

Type
Proceeding contribution
Reference
446 c111 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
Contributions European Union EU action EU budget EU institutions EU Economic and Financial Affairs Council European Commission
Link
View this Proceeding contribution on www.publications.parliament.uk