Financing the recovery must not burden the next generation
Ahead of the start of the German Council Presidency and of the 17 July European Council, Budgets Committee Chair Van Overtveldt set out Parliament’s position on the long-term EU budget.
During his press conference on Tuesday, the Chair of the Committee on Budgets, Johan Van Overtveldt (ECR, BE), said: “For the recovery strategy and the next long-term budget to come into being, it will require 27 member states to be on board, strong leadership and brokering from the EU Commission and, last but not least, the European Parliament’s full engagement. Parliament is ready to work quickly, but it will not throw away its rights and powers. There is no reason why the responsibility to move rapidly should only fall to the European Parliament, which has been waiting for the Council to find an agreement among member states for almost two years.”
Do not neglect long-term priorities, protect next generation
“For Parliament to give its consent to the next multiannual financial framework 2021-2027, its programmes must be sufficiently endowed so that long-term priorities can be tackled, not just the immediate recovery needs. New sources of EU revenue - so-called Own Resources – are even more necessary now in order to cover the refinancing costs of the recovery instrument through means other than additional national contributions or a reduced EU budget that would punish the next generations. As for the recovery instrument itself, full democratic accountability and transparency through parliamentary participation and oversight must be guaranteed”, Mr Van Overtveldt added.
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.