The 45 EU Agencies and Joint Undertakings make a vast contribution to the economic and political development of the European Union according to two new studies presented today during the EU Agencies Forum at the European Parliament. The studies highlight that while the EU Agencies represent less than 0.8% of the EU’s annual budget their contribution has widespread impact at citizen, industry and policy level.
The first study analyses the cost-effectiveness of the seven EU Agencies operating to support the Internal Market, and how they reduce the overall costs to taxpayers. The second study focuses on the contribution of 44 Agencies and Joint Undertakings to the Europe 2020 Strategy and the Juncker Commission Agenda.
The studies will be discussed today and tomorrow during the first EU Agencies Forum at the European Parliament. Vice-President of the European Parliament, Mairead McGuinness and Kristalina Georgieva, Vice-President of the European Commission, are speakers at the event.
António Campinos, Executive Director of the European Union Intellectual Property Office (EUIPO) which is currently Chair of the EU Agencies Network, said: 'The EU Agencies are the familiar face of the EU for many Europeans, delivering essential services on the ground for a relatively small proportion of the overall EU budget - less than 0.8%, to be exact. In other terms, they cost €1.23 euros per EU citizen. The cost-benefit ratio is hence very positive, and as the EU Parliament study has shown, agencies save national administrations many millions every year, by delivering synergies and preventing duplication of efforts in each Member State.'