You are here

The EU Budget Review

OPINION of the European Economic and Social Committee on the Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee, the Committee of the Regions and the national parliaments: The EU Budget Review COM(2010) 700 final

EESC opinion: The EU Budget Review

Key points


  • suggests that the "juste retour" principle must be abandoned as it is contrary to the values of solidarity and mutual benefit which underpin European integration. Rather, the subsidiarity principle needs to be applied;
  • congratulates the European Commission on proposing a return to the principle of own resources which can be newly created or substituted for national taxes;
  • finds that the European budget must be strengthened and have a leverage effect. National and European budgets should complement each other in order to achieve economies of scale;
  • recommends more systematic recourse to EIB loans, public-private partnerships and the creation of Eurobonds for investment;
  • underlines that the only way to make a success of an ambitious budget is to win the battle of public opinion;
  • would like studies to be carried out and published on the cost of non-Europe, highlighting duplication in national budgets.