New own resources package: The three engines for financing growth and recovery of the European economy

The new own resources will help to repay the funds raised by the EU to finance the grant component of NGEU. The new own resources should also finance the Social Climate Fund via the Fit for 55 package. Whereas the EESC agrees with the three new sources of revenue as proposed by the Commission, the EESC cautions about any impact the additional revenue could have on consumers and vulnerable groups. Hence, it may be necessary to couple any additional tax burden with a reform of taxes or compensatory mechanisms at national level. The aim of this hearing is to explore all the advantages and possible side-effects of this proposal.

The event is organised on 10 March 2022, starting at 10:00 and is accessible via webstream. No registration is needed.

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Ask your questions to the panellists via with the event code:#ownresources