European Economic
and Social Committee
Next generation of own resources
Key points
The EESC:
- acknowledges the Commission's efforts to propose new own resources and guarantee a solid and sustainable EU budget;
- supports the Multiannual Financial Framework (MFF) 2021-2027 mid-term review proposal to progressively increase the ratio of EU own resources to Member States' GNI-based revenue;
- also broadly supports the European Commission's adjusted package for the next generation of own resources, understanding its temporary nature and on the basis that it is limited to the repayment of the appropriations used to finance NextGenerationEU;
- calls on the European Parliament and the Council of the EU to adopt an adjusted package for the next generation of own resources before the end of the current political term of office;
- finds that the issue of EU own resources and budgetary capacities has not received the visibility needed to address all its aspects. An in-depth but time-bound debate involving the social partners and civil society organisations should take place without delay and in accordance with the next term of office of the EU institutions;
- largely supports the proposals for own resources put forward by the European Parliament on 10 May 2023;
- acknowledges the need and urgency to add adjustments to the already proposed new own resources and put forward new additional own resources;
- reiterates the need for a structural modernisation of the own resources system, which should support digital, environmental, and sustainable economic growth objectives;
- finds that the share of the revenue from the Emissions Trading Scheme (ETS) that goes to the EU budget should be subject to rigorous assessment and consensus between the Commission and the Member States;
- recognises that the potential impact of the proposed new statistical own resource on company profits on the competitiveness of businesses, including a possible review of national corporate tax policies, should be properly assessed and that the administrative burden, for public administrations and companies, should be kept to a minimum;
- recognises that, overall, the temporary statistical own resource could contribute to financing NextGenerationEU until the implementation of the "Business in Europe: Framework for Income Taxation (BEFIT)" mechanism.
Downloads
Recommended for you
Next generation of own resources
News
Background The European Economic and Social Committee (EESC)'s ECO section has responded to the European Commission's proposal for a next generation of own resources for the EU budget. The proposal…
Next generation of own resources for the EU Budget
Event
The EESC has repeatedly emphasized its support for more genuine sources of own revenue for the EU budget. This has become all the more important in the current higher interest rate environment that…
ECO section and public debates on Next generation of own resources and Environmental, social and governance ratings - 05/10/2023
Event
Own resources – 2025 proposal
Opinion
Key pointsThe EESC:underlines that the debate on new own resources should evolve beyond technical adjustments and become a strategic reflection on how to strengthen the EU’s financial autonomy,…
Second set of new own resources
Opinion
Key points: The EESC: emphasises that the designing of proposals for new sources of own revenues should be done in context of the budgetary pressures faced by Member States following the pandemic…