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The Committee welcomes the Commission's legislative proposals as a step in the right direction, as they halve the GNI contribution and compensate for that with two new own resources, one based on VAT and the other on a tax on financial transactions. The EESC regrets that the text under discussion does not refer to the new own resources in order to address the key issue of budget size. The Committee regrets the fact that the Commission has not used this opportunity to provide financial support to help fulfil the obligations arising from the Treaty of Lisbon, the 2020 Strategy or the need to take measures to stimulate growth.
The proposal for an EU financial transaction tax seeks to change the short term oriented behaviour of financial actors whilst at the same time providing an own resource to the budget of the European Union that could considerably reduce the contributions by Member States based on their gross national income (GNI). The second initiative is in line with the treaties and wants the EU- budged be to a higher extent be financed by own resources. This would also put an end to the ongoing "juste retour" discussions that jeopardises the European project. The EESC welcomes these two Commission initiatives.
The EESC agrees with the proposal's general and specific objectives, as well as its principles of good governance. The CFP must ensure that fishing and aquaculture activities create long-term sustainable environmental, economic and social conditions, contributing to the availability of food supplies, implementing the precautionary and ecosystem-based approaches to fisheries management, aimed at exploitation of living marine biological resources that restores and maintains fish resources above levels which can produce the maximum sustainable yield, not later than 2015, all while meeting the requirements of EU environmental legislation. In order to achieve these objectives, the CFP must, in particular, eliminate unwanted catches of commercial stocks and gradually ensure that all catches of such stocks are landed.
Download — Reform of the Common Fisheries Policy (CFP)