Tag Archives: eu budget

Having taken a day off, I’m back with more ALDE achievements…

Reform of the European Union’s system of own resources

ALDE has sought to increase the transparency of the current financing system of the EU budget, in order to reduce national contributions by EU Member States, by introducing new own resources income streams and ending rebates and corrections, without increasing tax burden on the citizens.

Following the Parliament’s position and the recommendations of the High Level Group on Own Resources, the Commission proposed a basket of new own resources, structured around European public goods linked to EU’s strategic policy objectives. This basket thus includes new resources based on the EU Emission Trading System and on plastic waste, reinforcing the climate action priority, and a simplified VAT based resource as well as new corporate tax-based resource, consolidating the Single Market and reducing financial speculation.

A greener, modernised and more flexible EU budget

ALDE were successful in focusing the 2019 EU budget on resources for research, innovation, competitiveness and SMEs. ALDE initiated the Parliament’s call for doubling the budget of Erasmus+ to enhance opportunities for young people, which was an instrumental step in obtaining a substantial partial increase in the 2019 budget. ALDE also pushed for substantial allocation to climate spending to meet the EU’s long-term climate goals of 20% climate spending target in the current Multiannual Financial Framework (MFF) 2014-2020. Specifically, ALDE increased the ambition for EU-funded cross-border projects in the field of renewable energy within the MFF Connecting Europe Facility. Our Group made a distinctive contribution especially in the areas of internal security and investment in managing borders, fighting terrorism, radicalisation and organised crime and called on Member States to take responsibility for the management of migration in accordance with the principle of burden-sharing and the Geneva Conventions. On the initiative of our shadow rapporteur, the relevant Parliament’s budgetary reports call on the Commission to present a proposal, which would provide for the expression of financial solidarity at EU level to victims of acts of terrorism and their families.