Johan Van Overtveldt again chairs Budget Committee in European Parliament

23 July 2024
Johan Van Overtveldt

MEP Johan Van Overtveldt was re-elected chairman of the European Parliament’s Budget Committee with a very large majority. He will therefore represent the European Parliament in negotiations with the European Commission and the European Council.

Van Overteldt is already looking forward to a constructive cooperation. Important work awaits the Budget Committee in the coming years. Among other things, it is responsible for the annual budgets and the preparation of the next Multiannual Financial Framework. Following his re-election, Van Overtveldt said: “I sincerely hope that we can continue to move towards a forward-looking budget that encourages investments and supports the purchasing power of citizens and the Competitiveness The extent to which companies in one country can compete with similar companies in another country. A law came into force in Belgium in 1996 to monitor competitiveness. This stipulates that Belgian salaries may not evolve faster than the average of those in the three neighbouring countries. The Central Economic Council (CEC) performs an annual measurement to see if the objectives have been obtained. competitiveness of our companies.” He also wants the budget to focus on real and current needs, such as aid to Ukraine and a stronger military capability in the European Union.

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