Memo: Joint statement by the President of the European Commission, José Manuel Barroso, the President of the European Parliament, Martin Schulz, the President of the European Council, Herman van Rompuy and the President of the rotating Council Presidency, the President of Cyprus, Demetris Christofias on the next Multi-Annual Financial Framework (2014-2020)

On 19 September 2012 the President of the European Commission, José Manuel Barroso, the President of the European Parliament, Martin Schulz, the President of the European Council, Herman van Rompuy and the President of the rotating Council Presidency, the President of Cyprus, Demetris Christofias underlined the need for the future European budget to translate the EU's overall objectives into concrete investment for growth and jobs. The next Multi-Annual Financial Framework (2014-2020) should make a significant contribution to the resolution of the economic crisis.