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Lisbon Treaty: Parliament’s new budget powers must be respected from day one

Lisbon Treaty: Parliament’s new budget powers must be respected from day one

The European Parliament’s beefed-up powers over the EU budget should apply in full from the day the Lisbon Treaty enters into force, without waiting for detailed supplementary legislation, say MEPs.

Lisbon Treaty: Parliament’s new budget powers must be respected from day one

Lisbon Treaty: Parliament’s new budget powers must be respected from day one

The European Parliament’s beefed-up powers over the EU budget should apply in full from the day the Lisbon Treaty enters into force, without waiting for detailed supplementary legislation, say MEPs. On Thursday they voted to give the EP delegation on the 2010 budget a mandate to negotiate transitional rules to ensure Parliament can play its new budgetary role straight away