Debate on EU budget and recovery: “A deal in the Council is not the final deal”
Looking back on the 19 June and forward to the 17 July European Council meetings, MEPs conveyed their stance on future EU financing and economic recovery.
In the debate with European Council President Charles Michel and Commissioner Maroš Šefčovič, most MEPs reiterated that the Commission’s proposals for the recovery package and a revamped long-term EU budget are the bare minimum that is acceptable for Parliament.
MEPs also demanded a proper repayment plan, including several new “EU Own Resources” - sources of revenue - like a digital tax or one based on the Emissions Trading System (ETS), to avoid citizens having to pay back the recovery debt.
Several members insisted that
- conditions attached to the recovery funds must not result in new austerity measures,
- rule of law must be respected,
- investments must strengthen the EU’s resilience, for example by boosting the digital agenda.
While for some MEPs the whole package amounts to a “meagre 1,5%” of the EU’s GNI, others, however, said the size of the package was too big and deplored that the EU would be taking on debt.
A number of MEPs said that it is important to look at the long term, in case there are more lockdowns to come. They underlined that “a deal in the Council is not the final deal”, as the European Parliament stands ready to negotiate. It will have a final say (vote by absolute majority) before the 2021-2027 long-term budget (MFF) can enter into force.
As provided for under Article 324 of the Treaty, David Sassoli, the President of the European Parliament, Angela Merkel, German Chancellor, in her capacity as rotating Presidency of the Council, as well as Charles Michel, the President of the European Council, have met with Commission President von der Leyen on 8 July to take stock of progress and prepare the political negotiations that lie ahead.
Latest News from
"We urge member states to intensify their support to Lebanon" - joint letter of President Michel and President von der Leyen to the members of the European Council07/08/2020 13:25:00
Joint letter of President Michel and President von der Leyen to the members of the European Council.
EU support for Italian biotech's red blood cell technology to treat rare diseases07/08/2020 09:25:00
EIB signs €30 million agreement supporting EryDel's red blood cell (RBC) innovation strategy.
Read-out of the phone call between Commission President Ursula von der Leyen and Lebanese Prime Minister Hassan Diab06/08/2020 13:25:00
Commission President von der Leyen spoke this morning with Hassan Diab, Prime Minister of Lebanon.
State aid: Commission approves €665 million Austrian scheme to support non-profit organisations and their related entities affected by the coronavirus outbreak06/08/2020 10:25:00
The European Commission has approved a €665 million Austrian scheme to support non-profit organisations (NPOs) and their related entities in the context of the coronavirus outbreak.
Statement by Commissioner for Crisis Management Janez Lenarčič on the explosion in Beirut, Lebanon05/08/2020 16:10:00
Statement given by Commissioner for Crisis Management Janez Lenarčič on the explosion in Beirut, Lebanon.
Mergers: Commission opens in-depth investigation into the proposed acquisition of Fitbit by Google05/08/2020 13:25:00
The European Commission has opened an in-depth investigation to assess the proposed acquisition of Fitbit by Google under the EU Merger Regulation.
State aid: Commission approves €200 million voucher scheme to support access to broadband services by low-income families in Italy05/08/2020 09:25:00
The European Commission has approved under EU State aid rules a €200 million voucher scheme to help low-income families in Italy access high-speed broadband services.
Declaration of the High Representative on behalf of the EU on the postponement of the Legislative Council elections in Hong Kong04/08/2020 13:25:00
As set out in the Council conclusions of 24 July, the EU is following closely the political situation in Hong Kong and reiterates that it is essential that the Legislative Council elections take place in an environment which is conducive to the exercise of democratic rights and freedoms as enshrined in the Hong Kong’s Basic Law.
Dietary sugars – new date in 2021 for safety assessment04/08/2020 11:33:00
The timing of EFSA’s assessment of the safety of dietary sugars has been revised due to the impact of the COVID-19 pandemic on the review of the exceptionally high volume of scientific information being considered.