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European Budget for 2009 - Entrepreneurs and Co: Euro Finance & Business Development News, Services & Experts
http://www.entrepreneurs-and-co.com/articles/218/1/European-Budget-for-2009---Entrepreneurs-and-Co-Euro-Finance-amp-Business-Development-News-Services-amp-Experts/Page1.html
Grant Beeming

"Who are we ?"

Company Profile :


Entrepreneurs and CO Ltd

145-157 St John Street - London EC1V 4PY

Chartered Accountants & Business Advisers, at Entrepreneurs & Co (ENC), we appreciate the value of working together as a team.

Because the flow of ideas is encouraged at ENC and everyone feels free to express their opinion with regard to work related matters it has by the very nature of being, created a dynamic work environment. As a team we all recognise our responsibility in making Entrepreneurs and Co what it is.

The reputation of the whole firm is in the hands of each individual and we are proud of being part of such a strong team. Together we encourage and motivate each other in a dynamic environment so that as a team we can provide innovative and profitable solutions for individuals and businesses.


Services

Every client is unique and deserves a unique service. Our philosophy is to put our clients first - to understand their situation and provide a first class service tailored to their specific needs.

Because we establish a one-to-one relationship with each client we are able to offer timely, individual advice on how to improve your business or personal finances.

As leading edge accountants we have developed the traditional bookkeeping, auditing, and accounting services into innovative client-focused services that provide not only all the reliable background support you would expect from a professional firm but also forward-thinking advice on how to improve your situation.

We have also developed a new range of accounting services to meet the needs of modern businesses, including a comprehensive business advisory service. Whether you need help with growing your business or advice on optimising your personal or family finances, we are here to help you get the best results.

 
By Grant Beeming
Published on 14/10/2008
 
The European Parliament Budgets Committee completed on Wednesday the adoption of its draft report on the 2009 EU budget.

European Commission Working on the 2009 EU Budget
MEPs increased most of the figures proposed by the European Commission, believing that the Council's cuts had made it impossible to meet the EU's commitments. The fight against climate change, the EU's social dimension and security questions are Parliament's priorities for 2009.

The work on the next EU budget is taking place in a very particular context. The world financial crisis is forcing the Community to make spending cuts, while a number of recent policy commitments, such as food aid to developing countries and aid for reconstruction in Georgia, have been added to ordinary EU policies and programmes which cannot be abandoned. The gap between the forecasts of financial needs ("commitments") and programmed expenditure ("payments") entered in the draft 2009 budget by the Council has never been so wide.

According to the Budgets Committee, this situation bodes ill for the implementation of the budget and indicates a shortage of funding to meet the EU's commitments and its priorities. The committee therefore decided to reduce this gap.

However, to take account of the world situation, MEPs chose not to increase payments to the maximum allowed under the ceiling of the financial perspective (the EU's multiannual budget plan), which is 0.97% of the accumulated gross national income (GNI) of the Member States. The budget proposal adopted yesterday by the Budgets Committee places the level of payments at around 0.954% of GNI.

This will become Parliament's negotiating position if confirmed by the plenary in late October. By comparison, the Commission's preliminary draft budget (PDB) proposed 0.899%, while the Council adopted a figure of 0.885%. The budgetary conciliation between Parliament and Council, the two arms of the budgetary authority, takes place on 21 November.