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Parliament should have a bigger role in supervising the operations of the new European Fund for Strategic Investment (EFSI), in selecting its top officials and in the decisions on how to feed the guarantee fund, says the draft report by the budgets and the economic and monetary affairs committees, presented and discussed on Thursday in Strasbourg.

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All of the EP’s 20 standing committees and two subcommittees held their constitutive meetings on Wednesday to elect their chair and vice-chairs.

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Ministers are outlining the priorities of the German Presidency of the Council of the EU to parliamentary committees, in a series of meetings.

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The EU’s budget shortfall for 2014 is "unprecedented" and will make it almost impossible to meet all outstanding payment obligations, especially in the humanitarian aid field, warned Commission officials during an EU external action monitoring group at Monday’s Budgets Committee meeting.

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Most of the one million-plus migrants and refugees who travelled to the European Union in 2015 came via Turkey. There are now more than 2.5 million refugees in Turkey itself. At the end of November 2015, the EU and Turkey struck a deal to try to control migrant flows into Europe. Turkey in return is to receive an extra €3 billion from the EU budget and member states in order to support refugees in the country.

       
 

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