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Europe Daily Bulletin No. 13309
Contents Publication in full By article 20 / 34
INSTITUTIONAL / Budget

Recasting of Financial Regulation, EDES still focus of interinstitutional negotiations

On Thursday 7 December, the Council of the European Union and the European Parliament resumed discussions on the content of the recast Financial Regulation for the EU budget, at the sixth session of interinstitutional negotiations.

Although provisional agreements had already been reached on a number of points on 30 November, this latest round of negotiations once again focused mainly on the issue of extending the shared management of the EDES (Early Detection and Exclusion System), without reaching any agreement at the time of going to press.

The Council does not want this extension, but could accept it on a voluntary basis, while the Parliament wants a binding application (see EUROPE 13303/23).

There is, above all, a lack of understanding on the part of the Council regarding what we are talking about”, confided a parliamentary source at the start of the session.

Implemented by the European Commission since 2016, the EDES detects and excludes, if necessary, persons or entities who, in the context of applications for funds or legal commitments with an EU body, present a risk to the Union’s financial interests.

The other points vigorously negotiated concerned the single information and monitoring system for sharing beneficiary data, used in particular for data mining and risk scoring, as well as the diversified funding strategy, the common provisioning fund, negative revenue and the recovery of EU debts (see EUROPE 13278/17).

Link to details of the negotiations: https://aeur.eu/f/a1e (Original version in French by Bernard Denuit)

Contents

SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
SOCIAL AFFAIRS - EMPLOYMENT
INSTITUTIONAL
EXTERNAL ACTION
Russian invasion of Ukraine
SECURITY - DEFENCE
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
NEWS BRIEFS