EP’s Own Resources Decision

MEPs have fast-tracked and voted already during the September plenary session on their legislative opinion on the Own Resources Decision (ORD). This removes an important barrier and speeds up the procedure to implement the key EU law to restart the economy, allowing the Commission to raise €750 billion on the markets for the recovery fund….

EP Debates EU Recovery Plan

In an extraordinary plenary session, MEPs commented on the 17-21 July European Council deal on EU financing and the recovery plan to tackle the pandemic fallout. “We are not ready to swallow the MFF pill”, said Manfred Weber (EPP). Also, S&D leader Iratxe García would not accept the cuts, “not at a time when we…

COVID-19 recovery package

In the presence of Commissioner Paolo Gentiloni, EESC President Luca Jahier voices full support for Commission COVID-19 recovery package on eve of make-or-break EU summit: “Let there be no backtracking” President Jahier expressed criticism for the recent EU Council proposal to give national governments the power to veto a country’s reform programmes under the package…

Bringing Europe’s Economy Back on Track

Angela Merkel and Emmanuel Macron  have proposed that the EU borrows on the financial markets in order to disperse some €500bn  through grants to European economies hit hardest by the coronavirus pandemic. Under the Franco-German proposal the member states receiving the funds would not need to repay the cash. Liability for the debt would instead…

Sassoli Calls for Courage

Parliament’s president David Sassoli has urged “bravery” on the EU recovery plan following meeting with the MFF contact group “Now is the time to be courageous and ambitious with the actions backed by the EU budget. Parliament must be a key player in this process together with other institutions, so it can contribute to making…

European Economic Recovery Plan Tabled

BusinessEurope has tabled its proposals for a European economic recovery plan. It says that despite the extraordinary efforts of governments and the EU Institutions to support businesses and workers through the crisis, Europe’s economic and political environment as we gradually exit from the severe restrictions placed on economic activity is likely to look significantly different…

MFF: Heading for the Worst Budget Ever?

Statement by Luca Jahier, President of the European Economic and Social Committee: For weeks, I have been seriously concerned about the news filtering on the preparation of the Extraordinary European Council, which is expected to discuss the Multi-Annual Financial Framework on 20 February. Today EP plenary debate in Strasbourg has fully confirmed my long-standing concerns….

Commission calls on Council to agree 2021-2027 budget

The Commission has called on EU Heads of State or Government to provide political guidance and new impetus to the negotiations in order to reach an agreement on a “fair, balanced and modern” long-term EU budget for the period 2021-2027 before the end of this year.   It comes just ahead of the European Council meeting…